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China drills fail to dent local shares

Local shares last week defied heavy pressure from China’s military drills in waters around Taiwan, and investors this week are expected to pay attention to earnings results from several tech heavyweights as well as the latest economic data on exports and GDP. The TAIEX closed at 15,036.04 points on Friday, posting a weekly increase of 0.24 percent from 15,000.07 on July 29, Taiwan Stock Exchange data showed. Over the same period, the FTSE TWSE Taiwan 50 Index, which comprises Taiwan’s top 50 stocks in terms of market capitalization, closed up 0.93 percent at 11,750.15 points, while the Formosa Stock Index, which measures

Economics ministry to help computer brands accused of patent infringement

Taipei, Aug. 5 (CNA) The Ministry of Economic Affairs (MOEA) said Friday it had extended an offer of assistance to three Taiwanese computer firms under investigation by the U.S. International Trade Commission (USITC) for patent infringement.

IT Spending Market Size in Southeast Asia to grow by USD 33 97 Trillion, Hardware Segment to be Significant for Revenue Generation

Asustek AI platform to help 5G app developers

Asustek Computer Inc (華碩) yesterday launched its first high-speed artificial intelligence (AI) platform to help 5G application developers accelerate program development and product readiness by adopting Intel Corp’s development tools. Leveraging the infrastructure and a laboratory built by Asusek for the platform, software vendors would be able to develop and validate their applications easily and reduce the time needed to enter the market, Asustek said. The platform is to operate on a private 5G network built by Taiwan Mobile Co (台灣大哥大), after the National Communications Commission last month established rules regulating the nation’s 5G private network deployment. The rules would also pave

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