Taiwan's technology minister on Thursday laid out an ambitious plan to spend NT$16 billion to beef up the domestic artificial intelligence (AI) industry.
Shares in Taiwan closed above the 10,000- point mark Thursday as contract chip maker Taiwan Semiconductor Manufacturing Co. (TSMC, 台積電) continued to lead an upturn on the broader market amid optimism toward its bottom line, dealers said.
Hon Hai Precision Industry Co. (鴻海), the world's largest contract electronics maker, has proposed to issue an annual cash dividend per share that will be the biggest in its history.
After reaching the coveted 10,000-point mark on Tuesday only to close below it, the TAIEX finally ended trading in five-digit territory Thursday, closing at 10,018 -- a 17-year high.
Shares of Hon Hai Precision Industry Co. (鴻海), an assembler of iPhones and iPads, soared Tuesday morning on news that it may become the sole assembler of Apple's most advanced next-generation iPhone, dealers said.
Taiwan is among eight countries that will soon face United States trade sanctions as they have sold certain carbon and alloy steel plates at what are considered to be unfairly low prices in the U.S. market, according to Taiwan's Bureau of Foreign Trade (BOFT)
Farm work doesn't seem like the path for millennials gearing to get ahead of the job market -- especially in an high-tech economy like Taiwan.
Shares of Hon Hai Precision Industry Co. (鴻海), an assembler of iPhones and iPads for Apple Inc., hit NT$100 (US$3.33) for the first time in more than two years after Apple shares hit a record high overnight, dealers said.
The market capitalization of contract chip maker Taiwan Semiconductor Manufacturing Co. (TSMC, 台積電) hit a record high for the company and Taiwan's stock market on Tuesday on a strong showing in tech stocks in the United States overnight.
The government had no prior notice of Hon Hai Chairman Terry Gou's meeting with U.S. President Donald Trump last week at the White House, according to Economics Minister Lee Chih-kung, Monday.