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Elan predicts a mild rise in revenue amid shortages - Vimarsana News

Elan predicts a mild rise in revenue amid shortages

Elan Microelectronics Corp (義隆電子) yesterday said its revenue would increase mildly this year, as limited availability of chips constrains its growth momentum. Elan is the world’s biggest supplier of touchpad controllers primarily used in notebook computers. The company said it is competing with automakers to secure chips made using less advanced process technologies, such as 40 nanometer and 55 nanometer, from foundry companies such as Taiwan Semiconductor Manufacturing Co (台積電) and United Microelectronics Co (聯電). “The supply of fingerprint chips is particularly short,â€...

Taiwan shares tumbles amid Fed rate concerns, Ukraine tensions - Vimarsana News

Taiwan shares tumbles amid Fed rate concerns, Ukraine tensions

Taipei, Jan. 25 (CNA) Shares in Taiwan took a beating, tumbling almost 300 points Tuesday with market sentiment roiled by fears over a possible move by the U.S. Federal Reserve to introduce a rate hike cycle later in the year, dealers said.

TAIEX dragged down by TSMC - Taipei Times - Vimarsana News

TAIEX dragged down by TSMC - Taipei Times

The TAIEX closed lower yesterday, as contract chipmaker Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) came under pressure, falling more than 3 percent because investors pocketed gains built up in recent trading sessions, dealers said. The financial sector outperformed the broader market, rising more than 0.5 percent on expectations that the US Federal Reserve would raise interest rates later this year, which would boost returns on financial institutions’ overseas investments, they said. The TAIEX closed down 146.8 points, or 0.79 percent, at the day’s low of 18,378.64. Turnover t...

COVID-19: Tech firms raise prevention measures - Vimarsana News

COVID-19: Tech firms raise prevention measures

Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) and the nation’s major electronics makers yesterday increased their workplace anti-COVID-19 measures to the highest level as local infections spread to Hsinchu City. TSMC, the world’s largest contract chipmaker, is headquartered at the Hsinchu Science Park (新竹科學園區). The chipmaker said that its workforce has begun operating in separated teams to minimize the risk of COVID-19 infection. Except for special cases, all non-essential vendors are to be restricted from entering its facilities, TSMC said in a statement. Employees a...

Taiwan shares reverse earlier losses on TSMC gains - Vimarsana News

Taiwan shares reverse earlier losses on TSMC gains

Taipei, Jan. 11 (CNA) Shares in Taiwan reversed earlier losses and ended slightly higher Tuesday as contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC) staged a rebound and stabilized the broader market, dealers said.