Page 51 - Smc News Today

With a focus on supply chain resilience and expansive production capacity amid global economic shifts, the worlds biggest semiconductor chip producer TSMC invests billions in a German chip facility.

Taiwan Exports: July exports dropped 10.4% in value from a year earlier to $38.73 billion, the finance ministry said on Tuesday. That was better than a 23.4% fall in June - the worst slump in almost 14 years - and beat a Reuters poll forecasting a 20.1% contraction.

The United States and China are embroiled in a fierce rivalry to dominate the chip industry, and Europe is investing billions to keep up.

The proposed factory, a joint venture with three other companies, marks TSMC's first foray into Europe. In a press release, TSMC said that its allies in its...

Taiwan has repeatedly called for progress on a BIA with the European Union. The EU included Taiwan on its list of trade partners for a potential bilateral investment agreement in 2015, but it has not held talks with Taiwan on the issue since.

TSMC revealed it would be developing its 2-nanometer chips in several of its facilities in Taiwan, as well as building a factory in Germany.

(Bloomberg) -- The German government expects Taiwan Semiconductor Manufacturing Co. to give the go-ahead for the construction of a €10 billion ($11 billion) facility in the eastern city of Dresden on Tuesday after a board meeting, according to people familiar with the matter.Most Read from BloombergMusk Says He May Need Surgery, Will Get MRI on Back and NeckEastern US Prepares for a ‘Potent’ Storm System: Weather WatchPayPal Launches a Stablecoin in Latest Crypto Payments Pu...

THE net income of San Miguel Corp. (SMC) in the first half of this year reached P23.30 billion, up 18 percent from P19.81 billion logged in the same period in 2022.

(Bloomberg) -- Taiwan Semiconductor Manufacturing Co. has agreed to build a €10 billion ($11 billion) plant in eastern Germany in partnership with Infineon Technologies AG, NXP Semiconductors NV and Robert Bosch GmbH.Most Read from BloombergMusk Says He May Need Surgery, Will Get MRI on Back and NeckUS Bank Shares Drop After Moody’s Cuts Ratings, Warns on RisksThe Global South Breaks Away From the US-Led World OrderEastern US Prepares for a ‘Potent’ Storm System: Weat...

The car insurer's choice to rein in ad spending helped owner Berkshire Hathaway post a record profit