Sunday, October 26, 2014
Taiwan Semiconductor Manufacturing Co. (TSMC) Chairman Morris Chang said Saturday that he will continue to raise his stake in the world's largest contract chip maker due to strong confidence in the company's competitive edge over its peers.
The National Development Council (NDC, 國發會) and Chunghwa Telecom Co. Ltd. (中華電信) held a License Charter Ceremony for the nation's first government-owned cloud computing data center, in Taipei, Friday.
The Telecommunication and Transportation Foundation (TTF) and the Taiwan Institute for Sustainable Energy (TAISE, 永續能源基金會) will jointly hold the Second International Green and Smart Mobility Forum at Conference Hall, Institute of Transportation, Ministry of Transportation and Communications on Monday, Nov. 3, according to a TAISE press release.
Saturday, October 25, 2014
The Taiwan High Speed Rail's (THSR) board of directors meeting passed a proposal lowering ticket prices and changing the way fares are adjusted, in hopes of improving the company's finances.
The chairman of the Taiwan Stock Exchange (TWSE,台灣證券交易所) said Friday that the local market has been impacted by both internal and external negative factors to trend lower on thin turnover, as many investors stayed on the sidelines.
Shares in Taiwan fell Friday as investors feared further volatility on Wall Street after a doctor in New York who recently returned from West Africa was diagnosed with the Ebola virus, dealers said.
The U.S. dollar rose against the Taiwan dollar Friday, gaining NT$0.008 to close at NT$30.413, as an improvement in the U.S. jobless claims report released overnight bolstered the greenback, dealers said.
Friday, October 24, 2014
As an easing of ownership limitations allows them to seek higher returns on assets, local insurers have driven a surge in the issuing of U.S. dollar and Chinese yuan (also known as renminbi or RMB) denominated bonds since May.
Although a recent investment in a 12-inch Xiamen fab has bought United Microelectronics Corp. (UMC,聯華電子) a ticket into China's semiconductor market, analysts said the actual impact of the investment on rivals will be marginal.
Taiwan and the European Union are scheduled to hold a conference Friday for future cooperation in fifth generation (5G) telecommunications technology.