Alexa

Chipmakers in drought-hit Taiwan order water trucks to prepare for 'the worst'

TAIPEI (Reuters) - Taiwan chipmakers are buying water by the truckload for some of their foundries as the island widens restrictions on water supply amid a drought that could exacerbate a chip supply ...

NDC projects Taiwan's economy will grow by 4 percent in 2021

TAIPEI (Taiwan News) — The National Development Council (NDC) has expressed optimism about Taiwan's economic prospects this year, projecting that its economy will grow by 4 percent. The N...

Taiwan's exports grow for 7th straight month in January

Taiwan's exports in January rose from a year earlier for the seventh consecutive month, boosted by surging global demand for the country's remote tech devices amid the COVID-19 pandemic, new t...

Taiwan January exports rocket to record high, outlook rosy

Taiwan’s exports rose in January for the seventh consecutive month, with the unexpectedly strong pace setting a new record as its manufacturers benefited from consumers staying at home during th...

US thanks Taiwan for support for auto chips in key trade meeting

The United States thanked Taiwan on Friday (Feb. 5) for help on resolving an auto chip shortage that has snarled production, but there was no discussion on prioritizing the making of these chips, Taiw...

Taiwan says auto chip shortage not a main topic for coming US meeting

Taiwan Economy Minister Wang Mei-hua said on Thursday (Feb. 4) a global shortage of auto chips will not be a main topic for a meeting with the United States on Friday, as carmakers are grappling with ...

Taiwan's economy in 2020 outgrew China for 1st time in 30 years

TAIPEI (Taiwan News) — Thanks to its exceptional handling of the Wuhan coronavirus pandemic, Taiwan's economy grew at a higher rate than China in 2020 for the first time in 30 years — ...

Confidence in Taiwan economy improves in January

Confidence in Taiwan's economy is improving in January on the back of optimism toward global vaccine developments against the COVID-19 pandemic, according to Cathay Financial Holding Co. The fi...

Taiwan shares close at new high; TSMC also hits new high

Shares in Taiwan continued their momentum on Friday (Jan. 8), closing at a new high of 15,463.95, prompted by a surge in the bellwether electronics sector, where contract chipmaker Taiwan Semiconducto...

Taiwan sees largest surge in export orders in decade

TAIPEI (Taiwan News) — Taiwan's export orders grew for the ninth consecutive month in November to hit a record high of US$57.78 billion thanks to the increasing global demand for technology ...

Taiwan among countries with highest digital intelligence: MasterCard

TAIPEI (Taiwan News) — Taiwan is among the world's leaders in digital development, according to a 2020 Digital Intelligence Report released by MasterCard. In a recent study shared by the ...

Central bank tightens mortgage rules to cap property speculation

The central bank on Monday said it has tightened the rules governing mortgages extended by banks, effective Tuesday, in a bid to rein in speculation in the local property market. Central bank Gover...

Central bank expected to focus on Taiwan dollar in quarterly meeting

When Taiwan's central bank holds its quarterly policymaking meeting next week, it is likely to give greater attention to the local foreign exchange market than interest rates, in light of the Taiw...

Representative highlights Taiwan's economic, political achievements at Italian university seminar

TAIPEI (Taiwan News) — Taiwan’s envoy to Italy, Li Hsin-ying (李新穎), was invited to hold a discussion at the Sapienza University of Rome last Thursday (Dec. 3) to showcase Taiwan’s po...

Taiwan could play key role in rearrangement of global supply chains: AIT

TAIPEI (Taiwan News) — American Institute in Taiwan (AIT) Director Brent Christensen said Wednesday (Nov. 25) that Taiwan could play "a unique role" in the world's pursuit of a sus...