The company holds a cautiously optimistic view about this year, an official said, adding that an increase in wafer shipments is predicted The EU yesterday announced a probe into China’s medical devices market, prompting an immediate accusation from Beijing that the bloc was engaging in “protectionism.”Brussels fears China is favoring its own suppliers when it comes to the procurement of medical devices. The EU’s official administrativ ..read more

On a recent weeknight at a bar in northeast Portland, Oregon, fans downed pints and burgers as college women’s lacrosse and beach volleyball matches played on big-screen TVs. Memorabilia autographed by female athletes covered the walls, with a painting of US soccer legend Abby Wambach mounted above ..read more

Although the electronic components sector was the best performer in the fourth quarter, its purchases were 54.2% lower than a year earlier Stephen Garrett, a 27-year-old graduate student, always thought he would study in China, but first the country’s restrictive COVID-19 policies made it nearly impossible and now he has other concerns.The cost is one deterrent, but Garrett is more worried about restrictions on academic freedom and the ..read more

New apartments in Taiwan’s major cities are getting smaller, while old apartments are increasingly occupied by older people, many of whom live alone, government data showed.The phenomenon has to do with sharpening unaffordable property prices and an aging population, property brokers said.Apartments ..read more

Asian economies are not doing as well as they could and growth in the region is forecast to slow to 4.5 percent this year from 5.1 percent last year, the World Bank said in a report yesterday.Debt, trade barriers and policy uncertainties are dulling the region’s economic dynamism and governments nee The service sector, including retailers and wholesalers, continued to report relatively stable employment, backed by solid domestic consumption ..read more

Micron Technology Inc, the largest US memorychip maker, on Wednesday offered a surprisingly strong revenue forecast for the current quarter, buoyed by demand for artificial intelligence (AI) hardware.Fiscal third-quarter revenue would be US$6.4 billion to US$6.8 billion, the company said in a statem Fed policymakers also updated their economic forecasts, sharply upgrading the US growth outlook for this year to 2.1% from 1.4% in December last year ..read more

In a sign of deeper US-China technology decoupling, Apple has held initial talks about using Baidu’s generative AI technology in its iPhones, the Wall Street Journal said Gasoline and diesel prices are to drop NT$0.2 per liter this week, despite a spike in global oil prices last week, CPC Corp, Taiwan (CPC, 台灣中油) and Formosa Petrochemical Corp (台塑石化) announced separately yesterday.Effective today, gasoline prices at CPC and Formosa stations are to fall to NT$29.5, NT ..read more

Gasoline and diesel prices are to remain unchanged this week, despite an increase in global crude oil prices, CPC Corp, Taiwan (CPC, 台灣中油) and Formosa Petrochemical Corp (台塑石化) said yesterday.CPC said that based on its floating oil price formula, the cost of crude oil edged up 0.76 percent last week Many countries are looking forward to attract TSMC investment, as the firm plans to open new fabs in the US, Japan, China and Germany ..read more

CTBC Bank, which recorded NT$19.45 billion of profit from its overseas operations last year, should post record earnings this year, CTBC’s president said Contract electronics manufacturer Inventec Corp (英業達) yesterday posted its best profit in nine quarters as its gross margin continued to increase, despite a decline in revenue.The company, which produces notebook computers, servers and smart devices for brand clients, reported a net profit of NT$1.9 ..read more