Alexa
  • Directory of Taiwan

Japan's Honda sees declining profits on semiconductor crunch

TOKYO (AP) — Honda’s fiscal first quarter profit fell 33% from last year as a global computer chip shortage, a pandemic-related lockdown in China and the rising costs of raw materials hurt the Japanes...

Japan household spending slips again as chip shortage hits consumers

TOKYO, July 8 (Reuters) - Japan's household spending posted a surprise drop in May, falling for the third consecutive month as the global chip shortage hurt car sales in a worrying sign for the ou...

Taiwan's GlobalWafers to invest $5 bln in new silicon wafer plant in Texas

Taiwan's GlobalWafers Co Ltd (6488.TWO) will spend $5 billion on a new plant in Texas to make silicon wafers used in semiconductors, switching to the United States after a failed European investme...

High prices, low inventory, a new norm for car shoppers

Shopping for a new or used car over the last couple of years has become a more challenging endeavor. Because of the COVID-19 pandemic and its after-effects, we’ve had to deal with factory closures, su...

Taiwan's TSMC says no plans for now to build factories in Europe

Taiwan Semiconductor Manufacturing Co Ltd (TSMC) (2330.TW) said on Wednesday it has no concrete plans for factories in Europe - remarks that come amid efforts by the European Union to encourage Taiwan...

Nissan exec: turnaround plan working, US factories to grow

FARMINGTON HILLS, Mich. (AP) — Two years ago, struggling Nissan Motor Co. announced a restructuring plan to cut costs and revamp its aging model lineup in an effort to rebuild sales as the coronavirus...

U.S. mulls lifting some China tariffs to fight inflation

U.S. Commerce Secretary Gina Raimondo said on Sunday that President Joe Biden has asked his team to look at the option of lifting some tariffs on China that were put into place by former President Don...

Taiwan to hold trade talks with EU as Europe focuses on chips - source

Semiconductor-powerhouse Taiwan will on Thursday hold high-level trade talks with the European Union, a source familiar with the matter told Reuters, amid a concerted push by the bloc to boost its chi...

Foxconn predicts more stable supply chain in the second half of 2022

Taiwan's Foxconn (2317.TW), the world's largest contract electronics maker, said on Tuesday that the second half of the year is heading "in a better direction" as Shanghai's COVI...

Spain to invest $13 billion to build microchip industry

MADRID (AP) — The Spanish government on Tuesday announced a 12.3 billion euro ($13.2 billion) investment plan to convert the country into a major producer of microchips and help reduce the dependence ...

Biden to highlight U.S. chip production — in South Korea

SEOUL, South Korea (AP) — President Joe Biden will open his trip to Asia with a focus on the U.S. tech sector, touring a Samsung computer chip plant on Friday that will serve as model for a $17 billio...

IMD Report ranks top Companies by Resilience to Crisis

The world's largest Finance and Auto companies ranked against their competitors by their likelihood of survival released today in the Future Readiness Indicator 2022 Retail banks trump fin...

Huawei's Q1 sales down 14% as U.S. sanctions remain

SINGAPORE (AP) — Chinese telecoms equipment and smartphone maker Huawei's sales fell 14% in January-March from a year earlier as it pumped money into research and development while grappling with U.S....

Ford loses $3.1 billion, hit by investment and chip shortage

DALLAS (AP) — Ford Motor Co. reported Wednesday that it lost $3.1 billion in the first quarter, weighed down by its investment in an electric-vehicle startup, and its revenue slid as a shortage of chi...

US deputy assistant secretary of state lauds Taiwan's role in hi-tech supply chain

TAIPEI (Taiwan News) — Taiwan’s role in the global high-tech supply chain is particularly important amid the worldwide chip shortage, U.S. Deputy Assistant Secretary of State Rick Waters e...