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Asia shares mostly lower on selling of tech stocks

TOKYO (AP) — Asian shares were mostly lower Monday despite hopes for a gradual global recovery after the U.S. stimulus package passed the Senate over the weekend. Heavy selling of s...

Taiwan’s TSMC reaps benefits from 5 nm, 7 nm demand surge

TAIPEI (Taiwan News) — Taiwan Semiconductor Manufacturing Co. (TSMC) saw its overall revenue per wafer increase by a significant margin in 2020 due to soaring demand for its 5 nm and 7 nm proces...

ASML extends supply deal with China’s SMIC

TAIPEI (Taiwan News) — Dutch chipmaking equipment manufacturer ASML Holding N.V..has extended its deal with China’s Semiconductor Manufacturing International Corp (SMIC) until the end of t...

TSMC, other Taiwan chipmakers considering price hike for automotive chips

TAIPEI (Taiwan News) — Amid a global shortage, Taiwan Semiconductor Manufacturing Company (TSMC) and other Taiwanese chipmakers are considering increasing prices for automotive chips. Price i...

US blacklists Xiaomi, CNOOC, Skyrizon, raising heat on China

HONG KONG (AP) — The U.S. government has blacklisted Chinese smartphone maker Xiaomi Corp. and China’s third-largest national oil company for alleged military links, heaping pressure on Beijing in Pre...

Trump administration strengthens order banning US investment in Chinese companies

TAIPEI (Taiwan News) — The Trump administration strengthened an executive order on Monday (Dec. 28) banning American investors from buying securities in Chinese companies with suspected ties to ...

US sanctions on China’s SMIC have exceptions that limit effectiveness

TAIPEI (Taiwan News) — Washington’s latest move to restrict China’s largest chipmaker Semiconductor Manufacturing International Corp's (SMIC) access to advanced manufacturing tec...

Business Highlights

___ Winter travel raises more fears of viral spread NEW YORK (AP) — Tens of millions of people are expected to travel to family gatherings or winter vacations over ...

US blacklists top Chinese chipmaker, alleging military ties

WASHINGTON (AP) — The Trump administration blacklisted China’s top chipmaker Friday, limiting the Semiconductor Manufacturing International Corp.’s access to advanced U.S. technology because of its al...

Global semiconductor shortage puts pressure on tech supply chain

TAIPEI (Taiwan News) — Soaring demand for electronic devices such as smartphones, computers, gaming consoles, and cars has created a global shortage of chips, leading to manufacturing delays, as...

Former TSMC exec to join China's SMIC after Wuhan Hongxin abyss

TAIPEI (Taiwan News) — China's largest chipmaker, Semiconductor Manufacturing International Corporation (SMIC), announced on Tuesday (Dec. 15) that Chiang Shangyi (蔣尚義) would be its new depu...

S&P DJ removing Chinese companies from index after US order

BEIJING (AP) — S&P DJ Indices is removing 21 Chinese companies from its indexes, or groups of stocks and bonds used to track financial market movements, after Americans were barred from investing ...

S&P Dow Jones Indices to remove 21 Chinese companies from equities, bond indices

TAIPEI (Taiwan News) — S&P Dow Jones Indices (DJI) announced on Thursday (Dec. 10) that it would remove 21 Chinese firms from its equities and bond indices in response to a Trump administrat...

US blacklists Chinese chipmaker SMIC and oil producer CNOOC

TAIPEI (Taiwan News) — The Trump administration on Thursday (Dec. 3) added China’s largest semiconductor firm, SMIC, and oil company CNOOC to a blacklist of alleged Chinese military compan...

US adds Chinese chipmaker, oil giant to security blacklist

BEIJING (AP) — The U.S. government has stepped up a feud with Beijing over security by adding China’s biggest processor chip maker and a state-owned oil giant to a blacklist that limits access to Amer...