Yimou Lee

TSMC logs highest quarterly profit, sees record revenue and capital spending

Jan 14 2021

TAIPEI Taiwan Semiconductor Manufacturing Co Ltd (TSMC) posted its best-ever quarterly profit and hiked revenue and capital spending estimates to record levels as it forecast "multiple years of growth opportunities".

Geely and Foxconn form partnership to build cars for other automakers

Jan 13 2021

BEIJING/TAIPEI Taiwan's Foxconn and Chinese automaker Zhejiang Geely Holding Group said on Wednesday they will join hands to provide contract manufacturing for automakers.

China condemns U.S. as Taiwan welcomes lifting of curbs on ties

Jan 11 2021

BEIJING/TAIPEI China condemned the United States on Monday for scrapping curbs on interactions with Taiwan officials, saying nobody could prevent China's "reunification", while Taiwan's foreign minister hailed the U.S. move as a sign of "global partnership".

UPDATE 1-Taiwan Dec exports up again, 2020 figures hit record high

Jan 08 2021

TAIPEI, Jan 8 Taiwan's exports rose in December for the sixth consecutive month and at an unexpectedly strong pace, boosted by surging global demand for the island's tech products amid the COVID-19 pandemic and new technologies like 5G.

UPDATE 4-Taiwan says larger U.S. trade surplus due to China trade war

Dec 17 2020

TAIPEI, Dec 17 Taiwan sees U.S. trade policies towards China as the reason why its trade surplus with the United States has grown but hopes to lower the surplus to address concerns about the Taiwan dollar's exchange rate, its central bank said on Thursday.

UPDATE 2-Taiwan raises growth forecast, leaves benchmark rate unchanged

Dec 17 2020

* Benchmark discount rate left unchanged at 1.125%, lowest on record

Special Report-China launches 'gray-zone' warfare to subdue Taiwan

Dec 10 2020

TAIPEI Months after eliminating a popular challenge to its rule in Hong Kong, China is turning to an even higher-stakes target: self-governing Taiwan. The island has been bracing for conflict with China for decades, and in some respects, that battle has now begun.

UPDATE 1-Taiwan November exports up again, boosted by new phones

Dec 07 2020

TAIPEI, Dec 7 Taiwan's exports rose in November for the fifth consecutive month and at a stronger-than-expected pace, boosted by surging global demand for the island's electronic goods as people work from home during the COVID-19 pandemic and new phone launches.

UPDATE 1-Taiwan raises 2020 economic view as Q3 growth jumps

Nov 27 2020

* 2020 GDP estimate raised to +2.54%, vs previous forecast +1.56%

Exclusive: Foxconn to shift some Apple production to Vietnam to minimise China risk

Nov 26 2020

TAIPEI Foxconn is moving some iPad and MacBook assembly to Vietnam from China at the request of Apple Inc, said a person with knowledge of the plan, as the U.S. firm diversifies production to minimise the impact of a Sino-U.S. trade war.

World News