Alchip shares plunge by daily limit for fourth day
PHYTIUM FALLOUT: Minister of Economic Affairs Wang Mei-hua said the nation’s chip firms would adhere to US rules after the US added Chinese firms to its entity list
By Chen Cheng-hui / Staff reporter
Alchip Technologies Ltd (世芯), which designs application-specific ICs for other companies, yesterday saw its shares fall by the maximum daily limit of 10 percent for the fourth consecutive session after a key customer was blacklisted by the US Department of Commerce’s Bureau of Industry and Security on Thursday last week.
Alchip on Tuesday said that it had stopped shipments to Chinese semiconductor company Phytium Information Technology Co (飛騰信息技術), which was placed on the US entity list along with six other Chinese companies.
《TAIPEI TIMES》 Golf gear makers revenue gains amid pandemic trend - 焦點
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Golf gear makers revenue gains amid pandemic trend
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Pace of auto sales likely to slow due to chip shortage
By Chen Cheng-hui / Staff reporter
The pace of growth in Taiwan’s auto sales might slow down this quarter due to a global shortage of chips used in the automative industry, despite robust sales performance last month, Capital Investment Management Corp (群益投顧) said.
The nation’s new car sales increased 12.47 percent month-on-month and 29.84 percent year-on-year to 51,179 units last month, auto information provider UCar.com said in a report on Monday last week, citing Directorate-General of Highways (DGH) data.
Capital Investment attributed the annual growth to seasonal factors, higher sales of Toyota Corolla Cross sports utility vehicles (SUVs) and consumers rushing to buy vehicles amid concerns of an auto shortage.