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April 26, 2017

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Jeremy Lin addresses stereotypes for Asian American men
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Business > Asia > Taiwan
Think tank raises Taiwan's 2017 GDP growth forecast to over 2%
One of Taiwan's leading economic think tanks has raised its forecast for the country's economic growth for 2017 to more than 2 percent because of expectations of an improved export performance.
 
GlobalWafers issues most GDS by Taiwan firm in over 3 years
GlobalWafers Co. (環球晶圓), a leading silicon wafer supplier in Taiwan, has issued the largest global depositary shares (GDS) by a company listed on the local equity market in more than three years.
 
Confidence in local economy continues to improve: survey
Confidence in Taiwan's economy has continued to improve as data points to stable recovery, according to a monthly survey conducted by Cathay Financial Holding Co.
 
Taiwan shares plunge amid rising geopolitical tensions
Shares in Taiwan took a beating Friday, ending more than 1 percent lower as sentiment was affected by rising geopolitical tensions after the United States dropped a powerful bomb in Afghanistan earlier in the day, dealers said.
 
Gogoro to increase battery-swapping stations
Taiwan-based smartscooter maker Gogoro Inc. unveiled plans Friday to expand its network of battery-swapping stations into the country's western regions, after installing 19 new stations in Kaohsiung and Tainan earlier this year.
 
TSMC records 12% quarterly drop in Q1 net profit
Taiwan Semiconductor Manufacturing Co. (TSMC, 台積電), the world's largest contract chip maker, on Thursday reported a quarterly drop of more than 12 percent in its first-quarter profits, citing the slow season effects.
 
Hon Hai reportedly one of four bidders for Toshiba IC assets
Taiwan-based manufacturing giant Hon Hai Precision Industry Co. (鴻海) has become one of four bidders eyeing Toshiba Corp.'s memory chip assets after the financially troubled Japanese firm narrowed down the potential buyer list, Japan's Yomiuri Shimbun newspaper reported Thursday.
 
Taiwan in talks with Intel, Cisco to set up IoT centers: report
Taiwan's government is in talks with several multinational high-tech firms on the establishment of centers for Internet of Things (IoT) development, the Chinese-language Commercial Times reported on Monday.
 
Debt, low wages signal rise of youth poverty: job bank
Recent college graduates in Taiwan have a lot to shoulder these days.
 
28 companies form vehicle alliance
A total of 28 manufacturers in Taiwan have set up a vehicle development alliance, aiming at the fast-growing global automotive electronics market, according to the Taiwan Electrical and Electronic Manufacturers' Association (TEEMA).
 
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