TSMC Q1 profit rises 9%, beats market expectations TAIPEI: Taiwanese chipmaker TSMC posted a 9% rise in first-quarter net profit on Thursday that beat market... Published 18 Apr, 2024 10:52am
Business & Finance US awards Samsung $6.4bn in grants for Texas chip complex WASHINGTON: The Biden administration will award up to $6.4 billion in grants to South Korea’s Samsung to expand its... Published 16 Apr, 2024 03:38am
Markets European shares rebound from one-month low; ECB rate verdict up next European shares staged a recovery after a knee-jerk reaction to a high U.S. inflation reading on Wednesday, with... Published 10 Apr, 2024 10:14pm
Business & Finance Intel expects to overtake TSMC in making fastest chips this year NEW YORK: Intel on Wednesday said it expected to beat a 2025 deadline to overtake its biggest rival in advanced chip... Published 22 Feb, 2024 06:55am
Technology Sony Q3 profit beats consensus, targets 2025 listing for financial business TOKYO: Sony’s operating profit jumped 10% in the third quarter, beating estimates, buoyed by the strength of its... Published 14 Feb, 2024 12:27pm
Markets Chips, megacaps steer gains on Wall Street NEW YORK: US stocks rose on Friday, with the benchmark S&P 500 on course to closing at its highest level, ... Published 20 Jan, 2024 05:18am
Business & Finance Asian FX logs weekly losses BENGALURU: Most Asian currencies were set to weaken against the dollar for the week as upbeat economic indicators... Published 20 Jan, 2024 05:18am
Markets Chip, megacap stocks power gains on Nasdaq, S&P 500 NEW YORK: The benchmark Nasdaq and S&P 500 jumped on Thursday, recouping recent losses on a boost from chip and... Published 19 Jan, 2024 05:37am
Markets European shares advance as chipmakers rally PARIS: European shares bounced back on Thursday following three straight sessions of losses, buoyed by Richemont and... Published 19 Jan, 2024 05:37am
Markets Wall Street ends sharply lower as chipmakers slide NEW YORK: US stocks ended sharply lower on Friday as chipmakers dropped on concerns about weak consumer demand, ... Published 18 Sep, 2023 06:32am
Business & Finance TSMC says Arizona plant making ‘fast progress’ TAIPEI: Taiwan chip giant TSMC’s planned factory in the United States was making “fast progress”, the... Published 11 Sep, 2023 06:32am
Markets Stocks stumble as ‘dollar juggernaut’ on a roll SINGAPORE: Asia’s stock markets dipped on Friday, with tech shares tumbling on deepening Sino-US tensions, while the... Published 08 Sep, 2023 10:09am
Business & Finance Taiwanese chip giant TSMC mulls German plant SCHIPHOL (Netherlands): Taiwanese chip giant TSMC is deciding whether to build a factory in Germany in a bid to ... Published 29 May, 2023 04:27am
World Japan’s prime minister to meet with top chip firms TOKYO: Japan’s Prime Minister Fumio Kishida plans to meet with top executives from global semiconductor companies as... Published 17 May, 2023 09:19am
Business & Finance Japan’s Honda Motor in strategic collaboration deal with TSMC TOKYO: Japan’s Honda Motor Co on Wednesday unveiled it struck a strategic collaboration agreement with Taiwan... Published 26 Apr, 2023 09:45am
Markets European shares snap five-day winning streak PARIS: European shares cooled off after five straight sessions of gains on Monday as bank shares led declines, while... Published 18 Apr, 2023 06:21am
Business & Finance TSMC talking to US about CHIPS Act ‘guidance’ TAIPEI: Taiwanese chipmaker TSMC said on Monday it is communicating with Washington about its “guidance” for a... Published 17 Apr, 2023 06:41am
Business & Finance ASML beats earnings forecasts VELDHOVEN (Netherlands): ASML Holding NV, Europe’s largest technology company, beat fourth-quarter earnings... Published 30 Jan, 2023 05:56am
Business & Finance Taiwan’s TSMC begins mass production of 3nm chips TAINAN: Taiwanese tech giant TSMC said Thursday it had started mass production of its 3-nanometre chips, among the... Published 02 Jan, 2023 05:54am
Technology Apple’s Japan investment crosses $100bn, CEO Cook visits chip epicentre TOKYO: Apple Inc said on Tuesday it had invested more than $100 billion in its Japanese supply network over the last... Published 13 Dec, 2022 10:52am
Markets Thai baht, South Korea’s won lead Asian currencies higher on tepid dollar The Thai baht appreciated 1% on Friday ahead of a central bank meeting next week which is expected to see the... Published 05 Aug, 2022 11:41am
Technology Chip makers have a message for car makers: Your turn to pay The shortages of computer chips that forced global automakers to scrap production plans for millions of cars over ... Published 04 Aug, 2022 10:05am
Business & Finance Samsung begins production of advanced 3nm chips SEOUL: Samsung Electronics became the first chipmaker in the world to mass produce advanced 3-nanometre microchips,... Published 30 Jun, 2022 11:25am
Business & Finance Taiwan’s TSMC reports record first-quarter revenue TAIPEI: Taiwanese tech giant TSMC posted record revenue for the first three months of the year Thursday as demand... Published 14 Apr, 2022 02:32pm
Markets Taiwan sees limited impact from Ukraine war on chip supply chain TAIPEI: Taiwan expects little impact from the war in Ukraine on the supply of key raw materials for semiconductors,... Published 26 Feb, 2022 10:24am
Business & Finance TSMC Q4 profit rises 16.4% to a record, beats market forecasts TAIPEI: Taiwan chip firm TSMC posted on Thursday a 16.4% rise in quarterly profit to a record, thanks to robust... Published 13 Jan, 2022 11:57am
Business & Finance TSMC shares soar on profit estimates and Japan factory deal TAIPEI: Shares in Taiwan's microchip giant TSMC soared on Friday forecasting, posting better-than-expected profits... Published 15 Oct, 2021 12:07pm
Markets European stocks rise past two-week highs LONDON: European stocks rose on Thursday, hitting the highest in more than two weeks as investors bet a steady... Published 15 Oct, 2021 04:08am
Business & Finance Taiwan's TSMC posts 13.8% rise in Q3 profit on global chip demand surge TAIPEI: Taiwan chip giant TSMC posted a 13.8% rise in quarterly net profit on Thursday, boosted by a surge in global... Published 14 Oct, 2021 10:43am
Business & Finance TSMC and Sony considering joint chip factory, Japan govt to help TOKYO Taiwan's TSMC and Japan's Sony Group Corp are considering jointly building a chip factory in Japan, with the... Published 11 Oct, 2021 04:32am