Taiwan

AI Chip Demand Drives Taiwan Chipmaker TSMCs’ Second Quarter Profits Up By 30%

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AI Chip Demand Drives Taiwan Chipmaker TSMCs’ Second Quarter Profits Up By 30%

TSMC is the world’s largest contract chipmaker (REUTERS/Ann Wang/ File Photo) Taipei: Taiwan Semiconductor Manufacturing Co, the main producer of advanced chips used in artificial intelligence applications, is expected to report a 30% rise in second-quarter profit on Thursday thanks to soaring demand.The world’s largest contract chipmaker, whose customers include Apple and Nvidia, has benefited … Read more

Taiwan, India threaten China’s top spot in EM equity portfolios

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Taiwan, India threaten China’s top spot in EM equity portfolios

The race to replace China’s top spot in emerging market equity portfolios is heating up, with Taiwan and India running neck to neck as formidable rivals. Thanks to record stock rallies, Taiwan and India now command more than 19% weightings each in the MSCI EM Index. That compares to China’s 22.8%, whose standing has steadily … Read more

Taiwan Detects 36 Chinese Aircraft, 7 Shipping Vessels Around Its Territory

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Taiwan Detects 36 Chinese Aircraft, 7 Shipping Vessels Around Its Territory

Since 2020, China has intensified its use of gray zone tactics by increasing aircraft and naval ships. Taipei: Taiwan’s Ministry of Defence detected 36 Chinese aircraft and seven shipping vessels around its territory in the last 24 hours till 6 am on Friday. Thirty four of the aircraft entered Taiwan’s SW and eastern Air Defense … Read more

US, China Resume Nuclear Talks After 5 Years Amid Taiwan Conflict

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US, China Resume Nuclear Talks After 5 Years Amid Taiwan Conflict

Delegates discuss nuclear arms and regional security during US-China talks. Hong Kong: The United States and China resumed semi-official nuclear arms talks in March for the first time in five years, with Beijing’s representatives telling U.S. counterparts that they would not resort to atomic threats over Taiwan, according to two American delegates who attended. The … Read more

Taiwan’s energy crunch could throw a wrench into global chip industry

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Taiwan’s energy crunch could throw a wrench into global chip industry

A chip made by Taiwan Semiconductor Manufacturing Company TSMC Taiwan, the world’s semiconductor powerhouse, is facing a power crunch — and this could spell trouble for chipmakers. Manufacturing chips requires a lot of energy and electricity, and the government is struggling to meet the island’s energy needs. “Concerns over potential power shortages and the deterioration … Read more

Taiwan’s April earthquake deals another blow to its tourism industry

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Taiwan’s April earthquake deals another blow to its tourism industry

As a bed and breakfast owner in Taiwan’s Hualien County, Chen Rei-jia was used to the minor tremors that sometimes disturbed her work. But this time, something felt different. “The shaking grew stronger and lasted longer, and as rescue vehicles arrived, I became frightened,” she said. “We heard rocks falling everywhere and saw smoke and … Read more

Canada, China defence ministers discuss interference, Taiwan, Russia – National

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Canada, China defence ministers discuss interference, Taiwan, Russia – National

Defence ministers from Canada and China sat down together for the first time in 11 years at an international security conference last week as the countries work to re-establish lines of communication. Bill Blair met with Admiral Dong Jun on Friday while attending the Shangri-La Dialogue in Singapore, marking the first meeting between the ministers … Read more

China Ready To “Forcefully” Stop Taiwan Independence, Says Defence Minister

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China Ready To “Forcefully” Stop Taiwan Independence, Says Defence Minister

Singapore: Chinese Defence Minister Dong Jun warned Sunday his military is ready to “forcefully” stop Taiwan independence but called for greater exchanges with the United States. The remarks at an annual security forum in Singapore followed the first substantive face-to-face talks in 18 months between the two countries’ defence chiefs. “We have always been open … Read more

After China’s Military Drills, Taiwan President Lai Ching-te Say Ready To Work With Them

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After China’s Military Drills, Taiwan President Lai Ching-te Say Ready To Work With Them

Taipei: Taiwan’s new president said Sunday he was still ready to work with China, despite this week’s military drills around the self-ruled island. Three days after Lai Ching-te was sworn in, Chinese warships and fighter jets encircled Taiwan in drills that China said were a test of its ability to seize the island. During the … Read more

Implications of China’s war drills around Taiwan

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Implications of China’s war drills around Taiwan

Members of Taiwan’s military conduct routine exercises at Liaoluo Port in Kinmen on May 24, 2024. China on May 23 encircled Taiwan with naval vessels and military aircraft in war games aimed at punishing the self-ruled island after its new president vowed to defend democracy. (Photo by I-HWA CHENG/AFP via Getty Images) I-hwa Cheng | … Read more