Taiwan

TSMC Stock Remains Strong BUY Amid Booming AI Demand

TSMC Stock Remains Strong BUY Amid Booming AI Demand

Taiwan Semiconductor Manufacturing Company (TSMC) has cemented its position as the world’s largest manufacturer of advanced chipsets, playing a pivotal role in powering artificial intelligence (AI)

Merida launches new eOne-Forty & eOne-Sixty e-MTBs

Merida launches new eOne-Forty & eOne-Sixty e-MTBs

Merida Bikes, a Taiwan-based bicycle company with R&D headquarters in Germany, has announced the launch of two new electric mountain bikes (e-MTBs), dubbed the Merida eOne-Forty and eOne-Sixty.

iPhone contract manufacturer Foxconn develops open platform for electric cars

iPhone contract manufacturer Foxconn develops open platform for electric cars

Taiwan-based Foxconn, best known for contract manufacturing American tech giant Apple’s iPhones, has confirmed that it has developed an open platform for electric vehicles (EVs).

Gogoro introduces new lightweight and affordable e-scooter --- VIVA

Gogoro introduces new lightweight and affordable e-scooter --- VIVA

In Taiwan, electric scooter manufacturer Gogoro Inc. has expanded its product range with the recent introduction of a new ultra-light electric scooter --- the Gogoro VIVA.

Taiwan stocks surge 6.74 per cent for biggest gain in 18 years

Taiwan stocks surge 6.74 per cent for biggest gain in 18 yearsTaipei - Taiwan stocks skyrocketed Thursday, closing 6.74 per cent higher in their biggest percentage rise in 18 years on the bullish outlook over upcoming Chinese investment on the island, dealers said.

The main Taiex stock index advanced 378.51 points to 5,992.57 with foreign institutional investors buying 32.99 billion Taiwan dollars (996 million US dollars) of shares on the hopes of further gains, dealers said.

Taiwan's TSMC's first-quarter profits down 94 per cent

Taiwan's TSMC's first-quarter profits down 94 per centTaipei - The Taiwan Semiconductor Manufacturing Co (TSMC), the world's largest contract chipmaker, saw its first-quarter profits fall 94.5 cent due to the global slump, TSMC said Thursday.

Net profits were 1.56 billion Taiwan dollars (47 million dollars), down 94.5 per cent year-on-year.

TSMC's revenues for the first three months of 2009 totalled 39.5 billion Taiwan dollars, down 54.8 per cent year-on-year.

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