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NEWS TAGGED ECONOMY
Thursday 25 July 2024
Foxconn steps up investment in China
Under the current geopolitical climate, the trend toward localized production is set to continue for some time. Yet Hon Hai Precision (Foxconn) is seemingly bucking the trend, instead...
Thursday 18 July 2024
Canon targets double-digit growth in India, eyes local opportunity in chipmaking tools
According to PTI, citing Tiger Ishii, president and COO of Canon Marketing Asia, reported that the company sees India as a crucial market for future growth, driven by the...
Thursday 11 July 2024
Sovereign AI to boost Nvidia sales in five years
Governments worldwide are investing billions in AI infrastructure, enhancing domestic technology, protecting national security, and creating demand for developers and chipmakers like...
Thursday 4 July 2024
Prices for commodity DRAM and NAND chips stall as demand recovery lags
The prices for general-purpose DRAM and NAND flash chips have remained flat for four consecutive months, suggesting a slower-than-expected pace of demand recovery.
Tuesday 2 July 2024
AI server demand to drive PCB growth, as ESG trends gain prominence
PCB firms have previously counted on Apple's product launches in the second half of 2024 to drive momentum. With the advent of generative AI and the ensuing surge in AI server shipments,...
Monday 1 July 2024
South Korea's export growth accelerates on record chip sales
South Korea's export growth accelerated last month, reflecting resilience in global demand as the artificial intelligence and technology sectors drive record gains in semiconductor...
Friday 28 June 2024
MWC Shanghai opens with focus on AI, 5G-A
As China marks the fifth anniversary of the commercialization of 5G mobile networks in 2024, 5G Advanced networks (also known as 5.5G or 5G-A) have begun to attract much attention.
Friday 14 June 2024
Taiwan anticipates Goldilocks economy in 2024 while closely monitoring uncertainties in China
Taiwan's Central Bank announced to raise the Gross Domestic Product (GDP) growth rate forecast for the entire year of 2024 to 3.77% in the second quarter's quarterly Monetary Policy...
Tuesday 30 April 2024
Taiwan economy grows at fastest pace since 2021 on chip boom
Taiwan's economy expanded at the fastest pace in almost three years as global demand for artificial intelligence-related technologies fueled a boom in exports.
Wednesday 10 April 2024
Japanese firms witness highest equipment investment surge in 35 years, fueled by AI semiconductor boom
The average growth of equipment investments by Japanese enterprises is projected to reach 8.5% during fiscal 2024 (April 2024-March 2025), marking the highest surge since 1989, according...
Thursday 28 March 2024
PwC Survey: global risks for Taiwan's business leaders
PwC Taiwan's latest unveiling of the "Taiwan CEO Survey 2024" underscores the prevailing concerns among global and Taiwanese business magnates.
Monday 25 March 2024
'Green inflation' and 'secular stagnation', which will come first to AI?
An electricity price hike in Taiwan may ignite a butterfly effect on the Artificial Intelligence (AI) industry and supply chains.
Thursday 21 March 2024
Biden hails US$20 billion for Intel, says Trump lost jobs to China
President Joe Biden said his $20 billion award to Intel Corp. demonstrated his investments in US industries that had withered under Donald Trump's tenure, touting a flurry of government...
Friday 8 March 2024
Taiwan exports to China see record drop in 2023
Taiwan's exports to China (including Hong Kong) decreased by 18.1% in 2023 compared with 2022, the largest decline in history, according to Taiwan's Mainland Affairs Council.
Thursday 29 February 2024
2024 Industry Outlook (2): ICT industry performance reflects economic health in Taiwan
In 2023, 940 plus publicly listed electronics companies in Taiwan reported a total of US$833 billion in revenues, down 12.6% from US$953 billion in 2022. This number reflected the...