Chip shortage tipped to give GDP a boost
PRODUCTION ISSUES: Automakers face problems with a lack of supply, while the effect on memory chips may see the situation spill over into the smartphone industry
By Crystal Hsu / Staff reporter
A global shortage of semiconductor chips, which has affected the automotive industry and is threatening to spill over to other sectors, bodes well for Taiwan’s exports and GDP growth this year, Australia and New Zealand Banking Group (ANZ) said yesterday.
“We believe the robust demand for chips will add tailwinds to the economy’s export orders and
production outlook over the first half of this year, at least,” ANZ said, projecting GDP growth this year of 3.8 percent.
Taiwan shares make significant comeback as TSMC soars
02/01/2021 05:05 PM
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Taipei, Feb. 1 (CNA) Shares in Taiwan staged a significant rebound Monday from a slump seen last week as contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC) bounced back, leading the bellwether electronics sector to move sharply higher, dealers said.
Despite the more-than 270-point spike on the main board, turnover remained moderate, indicating that many investors appeared reluctant to chase prices ahead of the upcoming Lunar New Year holiday, the dealers said.
The weighted index on the Taiwan Stock Exchange (TWSE), or Taiex, ended up 271.78 points, or 1.80 percent, at 15,410.09, after moving between 15,089.96 and 15,429.98, on turnover of NT$274.02 billion (US$9.78 billion). Last week, the Taiex plunged about 5.5 percent, led by TSMC.
Friday, January 29, 2021
In several recent decisions, district courts have held that liability under the Defend Trade Secrets Act can extend to extraterritorial defendants. As set forth by Sheppard Mullin’s Tyler Baker in a prior blog post, the extraterritorial reach of the DTSA is rapidly expanding. Non-U.S. Companies and the DTSA: Parameters of a Developing Reality | Trade Secrets Law Blog (
citing
vPersonalize Inc. v. Magnetize Consultants Ltd., 437 F. Supp. 3d 860, 878 (W.D. Wash. 2020);
Micron Tech. Inc. v. United Microelectronics Corp., No. 17-cv-06932-MMC, 2019 WL 1959487 (N.D. Ca. May 2, 2019);
Motorola Solutions Inc. v. Hytera Commc’ns Corp., 436 F.Supp.3d 1150, 1165 (N.D. Ill. 2020);
Clovis Oncology Inc (NASDAQ: CLVS) is a biotechnology company. Currently, 42% of the float is short.
Senseonics Holdings, Inc. (NYSE: SENS) is a medical technology company; 34% of its float is traded short.
VBI Vaccines Inc. (NASDAQ: VBIV) develops vaccines for adults, children and newborns; 20% percent of the float is short.
Naked Brand Group Ltd (NASDAQ: NAKD) sells intimate, swimwear and apparel, and 33% of its float is short.
Precigen Inc (NASDAQ: PGEN) is a biotechnology company; 35% of its float is short.
Opko Health, Inc. (NASDAQ: OPK) is a pharmaceutical and diagnostics company, with 26% of its float short.
Lannett Company, Inc. (NYSE: LCI) is a generics pharmaceutical company; 25% of its float is short.
TAIPEI: Taiwan Semiconductor Manufacturing Co Ltd (TSMC) is “expediting” auto-related products through its wafer fabs and reallocating wafer capacity, the company has said, amid a global shortage of auto chips