Category: Taiwan
TSMC leaves 2023 capex plan unchanged, but expects sales to fall
Taipei, April 20 (CNA) Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s largest contract chipmaker, said on Thursday it has left its capital expenditure budget for 2023 unchanged, but expects revenue to fall from a year earlier this year in the wake of weakening demand from end-users. https://focustaiwan.tw/business/202304200017
Read MoreTaiwan publishing company’s chief editor reportedly arrested in China
Taipei, April 20 (CNA) Fucha (富察), editor-in-chief of Taiwan-based publisher Gūsa, reportedly has been arrested in Shanghai during a visit, and efforts are being made to confirm the reports, according to an exiled Chinese writer. https://focustaiwan.tw/cross-strait/202304200016
Read MoreDelegation to lobby Peru, Chile for Taiwan’s CPTPP bid: Deputy FM
Taipei, April 20 (CNA) Taiwan is stepping up its lobbying efforts to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), including dispatching a delegation to Peru and Chile to advocate for Taiwan’s bid, an official said Thursday. https://focustaiwan.tw/politics/202304200015
Read MoreGermany’s Saxony state to open office in Taipei for science, tech exchanges
Taipei, April 20 (CNA) The state government of Saxony in Germany is planning to open a liaison office in Taipei to facilitate bilateral exchanges in the areas of science and technology, visiting state official Sebastian Gemkow said Thursday. https://focustaiwan.tw/sci-tech/202304200014
Read More17-year-old pauses taxi ride to pump 50 bullets into New Taipei storefront
New Taipei, April 20 (CNA) A 17-year-old taxi passenger who allegedly stopped mid-ride to fire more than 50 bullets into a New Taipei storefront Thursday morning surrendered himself almost immediately by taking the same cab to a nearby police station. https://focustaiwan.tw/society/202304200013
Read MoreForeign minister mum on president’s mooted APEC attendance
Taipei, April 20 (CNA) Foreign Minister Joseph Wu (吳釗燮) said Thursday Taiwan would “discuss with other countries” President Tsai Ing-wen’s (蔡英文) mooted attendance at November’s Asia Pacific Economic Cooperation (APEC) leaders’ meeting in San Francisco. https://focustaiwan.tw/politics/202304200012
Read MoreTaiwan shares see losses capped as TSMC gains offset losses
Taipei, April 20 (CNA) Shares in Taiwan moved lower Thursday, while contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC) bucked the downturn, providing some support to the broader market ahead of an investor conference slated to start after the market closes, dealers said. https://focustaiwan.tw/business/202304200011
Read MoreThink tank cuts Taiwan’s 2023 economic growth forecast to 2.01%
Taipei, April 20 (CNA) The Chung-Hua Institution for Economic Research (CIER) on Thursday lowered its forecast for Taiwan’s 2023 gross domestic product (GDP) growth to 2.01 percent, citing weakening global demand. https://focustaiwan.tw/business/202304200010
Read MoreTSMC’s Q1 gross margin beats forecast; EPS stands at NT$7.98
Taipei, April 20 (CNA) Taiwan Semiconductor Manufacturing Co.’s (TSMC) first-quarter gross margin beat expectations but declined from the previous quarter, with market analysts attributing the dip to weakening global demand, a strong Taiwan dollar and a fall in capacity utilization. https://focustaiwan.tw/business/202304200009
Read MoreU.S. dollar closes higher on Taipei forex market
Taipei, April 20 (CNA) The U.S. dollar rose against the Taiwan dollar Thursday, gaining NT$0.050 to close at NT$30.612. https://focustaiwan.tw/business/202304200008
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