Taiwan’s strength in semiconductors could be its ‘Achilles heel,’ economist says

Taiwan’s strength in semiconductors could be its ‘Achilles heel,’ economist says

Taiwan should plan to diversify its economy away from semiconductors, given the risk that China might develop the capacity to make its own chips, Paul Cavey, an economist at East Asia Econ, told CNBC. “Politicians really should be discussing more on … diversifying the economy away in terms of trying to encourage more industries to … Read more

Shares of Apple suppliers fall after Barclays downgrades iPhone maker

Shares of Apple suppliers fall after Barclays downgrades iPhone maker

CUPERTINO, CALIFORNIA – SEPTEMBER 12: The new iPhone 15 Pro is displayed during an Apple event at the Steve Jobs Theater at Apple Park on September 12, 2023 in Cupertino, California. Apple revealed its lineup of the latest iPhone 15 versions as well as other product upgrades during the event. (Photo by Justin Sullivan/Getty Images) … Read more