Business
Taiwan’s Export Orders Continue Strong Growth, Marking Eighth Consecutive Month of Increase
Taiwan’s export orders grew for the eighth consecutive month in October 2023, driven by strong demand in AI and electronics. The country is poised to surpass 2023 figures in the coming months.
Business
Taiwan Government Assures Green Energy Supply Amid Concerns Over Future Electricity Shortfall
Taiwan’s government commits to ensuring stable green energy supply despite warnings of a potential electricity shortfall, with efforts to increase offshore wind and solar power capacity.
Business
Hon Hai to Launch AI-Powered Production at Factories in Taiwan and Mexico with Nvidia Technology
Hon Hai, in partnership with Nvidia, will soon begin production at AI-driven factories in Taiwan and Mexico, using digital twin technology to optimize manufacturing operations and produce cutting-edge AI chips.
Business
Lithuania Commits to Overcome Obstacles in Semiconductor Project with Taiwan Despite Delays
Lithuania faces challenges in its semiconductor collaboration with Taiwan as construction of a high-tech industrial park is halted due to electricity shortages and land rezoning issues. The government is committed to resolving these delays.
Business
McDonald’s Announces Price Hike Across Taiwan: New Menu and Discounts Introduced
McDonald's Taiwan announces a price increase of 2.4% starting Wednesday. Learn more about the new prices, meal deals, and promotions including fried yam balls and quinoa salads.
Business
Taiwan’s Spot on U.S. Currency Monitoring List Could Become Routine, Says Central Bank
Taiwan’s inclusion on the U.S. currency monitoring list is expected to become routine. The Central Bank maintains the surplus is driven by market demand, not manipulation, and suggests measures to reduce the trade imbalance.
Business
US Government to Subsidize TSMC Arizona with US$6.6 Billion for Semiconductor Manufacturing Expansion
The U.S. Department of Commerce has announced a US$6.6 billion subsidy for TSMC Arizona to build three semiconductor fabs in Arizona. Learn about the impact of this deal on U.S. semiconductor manufacturing.
Business
Pizza Hut Increases Prices on 8 Pizzas as Costs Rise, But Slashes Prices on Small Pizzas
Pizza Hut has raised prices on eight of its pizzas due to rising global inflation, with price hikes ranging from NT$5 to NT$40. However, three small pizzas will see a price reduction of NT$30, offering more affordable options.
Business
Taiwan Seeks to Advance Trade Deal with US Under Trump Administration, Says Chief Negotiator
Taiwan’s chief trade negotiator, Yang Jen-ni, expressed optimism about continuing trade talks with the U.S. under the incoming Trump administration. The U.S.-Taiwan Initiative on 21st-Century Trade remains a key priority.
Business
Taiwan Government Allocates NT$196.5 Billion to Boost Tech Industries in 2025 Budget
Taiwan’s government has allocated NT$196.5 billion in the 2025 budget to boost key tech industries including semiconductors, AI, and net-zero technologies, aiming to position Taiwan as a global leader in digital transformation.
Business
Hon Hai to Boost U.S. Investments, Focusing on AI and Electric Vehicle Development
Hon Hai (Foxconn) announces plans to increase its investments in the U.S., focusing on AI applications and electric vehicle development, as the company sets ambitious goals for the future.