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May 10, 2021
Taiwan shares end down on tech losses 05/10/2021 06:15 PM To activate the text-to-speech service, please first agree to the privacy policy below. Taipei, May 10 (CNA) Shares in Taiwan closed lower Monday as investors rushed to lock in gains built up in the electronics sector, particularly semiconductor stocks, a session earlier, dealers said. Buying rotated to non-tech stocks in the raw material industry amid optimism toward a global recovery in demand, and the financial sector also attracted b...
May 7, 2021
Taiwan shares rebound, end above 17,200 points 05/07/2021 04:53 PM To activate the text-to-speech service, please first agree to the privacy policy below. Taipei, May 7 (CNA) Shares in Taiwan continued their momentum from a session earlier to move sharply higher, pushing up the benchmark index on the main board to top the 17,200-point mark, as investors were encouraged by a rally on U.S. markets overnight, dealers said. The bellwether electronics sector led the upturn in the wake of strong barg...
May 5, 2021
UMC reaches settlement in U.S. class action suit 05/05/2021 07:21 PM From UMCs website Taipei, May 5 (CNA) United Microelectronics Corp. (UMC) has reached a settlement to resolve a class action suit filed by its American depositary receipt (ADR) investors related to an earlier lawsuit accusing the Taiwanese company of violation of trade secrets protection in the United States. In a statement released on Tuesday, UMC, the second-largest contract chipmaker in Taiwan, said it is paying the plainti...
May 4, 2021
Taiwan shares end below 17,000-point mark off early low 05/04/2021 04:10 PM CNA photo May 4, 2021 Taipei, May 4 (CNA) Shares in Taiwan extended their losses from a session earlier to close below the 17,000-point mark Tuesday off an early low, as investors rushed to lock in gains previously built for large-cap non-tech stocks, dealers said. While the bellwether electronics sector continued to trend lower, its losses were limited, as contract chipmaker Taiwan Semiconductor Manufacturing Co.(TSMC)...
May 3, 2021
Taiwan shares plunge, led by large cap electronics stocks 05/03/2021 05:54 PM To activate the text-to-speech service, please first agree to the privacy policy below. Taipei, May 3 (CNA) Shares in Taiwan took a beating, plunging more than 300 points Monday, as market sentiment was hit by concerns over a growing number of domestic COVID-19 cases, dealers said. The bellwether electronics sector led the downturn and selling was also seen among old economy heavyweights, which pushed down the main bo...
May 1, 2021
Chip shortages expose Achilles heel of Germanys recovery Sorry, but your browser needs Javascript to use this site. If youre not sure how to activate it, please refer to this site: https://www.enable-javascript.com/ A Volkswagen assembly line after the factory resumed operations following a coronavirus-induced shutdown in Wolfsburg, Germany, in April last year. | POOL / VIA REUTERS Reuters May 1, 2021 BERLIN โ Germany has boomed on the back of globalization, but now the worldw...
April 30, 2021
(United Microelectronics Corp. photo) (United Microelectronics Corp. photo) Taiwan chipmaker United Microelectronics Corp 2303.TW said on Wednesday (April 28) it will spend NT$100 billion ($3.59 billion) over the next three years to expand capacity at a plant in southern Taiwan amid a global chip shortage. Co-president Jason Wang told an earnings call the expansion will take place at an existing UMC facility in the Tainan Science Park, with ...
April 30, 2021
Whatโs going on with the global chip shortage? Image: ยฉ H_Ko/Stock.adobe.com As concerns about the ongoing chip shortage rumble through the tech and auto sectors, the EU is looking to bolster its semiconductor ecosystem. The ongoing global chip shortage is showing no sign of abating and the latest industry leader to express concern is Apple CEO Tim Cook. Smartphones and computers are just some of the electronics that are set to suffer from supply constraints and Cook signalled concerns about...
April 29, 2021
The EU is running low on semiconductors โ advanced chips used in smartphones to medical devices โ exposing its vulnerability to the vicissitudes of the China-US trade war. The bloc plans to change that, but can it?
April 29, 2021
The EU is running low on semiconductors โ advanced chips used in smartphones, medical devices and more โ exposing its vulnerability to the vicissitudes of the China-US trade war. The bloc plans to change that. Can it?