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Tag: Taiwan

Business

Taiwan exports hit 16-year high on surging AI demand

Taiwan’s exports surged 49.7 per cent in October from a year earlier to a record $61.8 billion, the fastest pace in nearly 16 years, driven by strong global demand for semiconductors and AI technology. This was disclosed by the Taiwanese finance ministry on Friday. The growth, the highest since May 2010’s 57.7 per cent came […]

Taiwan nurtures future chip talent amid declining birth rate
News

Taiwan nurtures future chip talent amid declining birth rate

Taiwan is piquing interest in chips by organizing summer camps designed to spark interest in Taiwan’s chip industry. Dressed in white protective gear and a face mask, 16-year-old Nicolas Chueh listened attentively as a guide explained the inner workings of Taiwan’s advanced semiconductor machinery. Chueh, a dual Taiwanese-Belgian national living in Singapore, was one of […]

Taiwan's President meets tech leaders to address US tariffs
News

Taiwan’s President meets tech leaders to address US tariffs

Taiwan President Lai Ching-te met with top technology industry executives on Saturday to strategize responses to newly announced U.S. import tariffs, pledging full support to maintain Taiwan’s global economic edge and protect national interests. The meeting followed President Donald Trump’s sweeping tariff announcement on Wednesday, which imposed significantly higher import duties on dozens of trade […]

US considers equity stakes in chipmakers under CHIPS act
Tech

No country should dominate chip industry – Taiwan

Taiwan’s top technology official emphasized the need for global cooperation in the semiconductor industry, arguing that no single country should dominate the sector. This statement follows criticism from former U.S. President Donald Trump over Taiwan’s strong position in chip manufacturing. U.S. President Donald Trump on Thursday reiterated his claim that Taiwan had taken control of […]

Business

Nigeria-Taiwan trade shrinks by $500m – Envoy

The Chief of Mission to the Taiwanese Government in Nigeria, Andy Liu, has said that the value of trade between Nigeria and Taiwan has dwindled to $500m in 2023, from $1bn in 2021. This was disclosed by Liu recently in Lagos while speaking at the 2024 Taiwan Business Forum in Nigeria, according to the Punch. […]

Image of Alphabet and Google
Business

Taiwanese media to get Google’s $9.8m fund

Google’s parent company, Alphabet, said on Wednesday that Taiwanese media would get a $9.8 million fund over the next three years to boost its media operations and digital competitiveness. According to Reuters, although not in Taiwan, Google has come under pressure in some countries to pay news publishers for their content on its platform. The […]

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