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NEWS TAGGED ECONOMY
Tuesday 29 August 2023
Biden to visit Vietnam in September to discuss economy, climate
President Joe Biden will travel to Vietnam in September, where he will meet with General Secretary Nguyen Phu Trong and other leaders, the White House announced on Monday.
Tuesday 22 August 2023
Global smartphone shipments to hit decade low in 2023
According to Counterpoint Research, 2023 is on track to be the worst year for global smartphone shipments in ten years.
Tuesday 8 August 2023
Realtek conservative about 2H23 prospects
IC design house Realtek Semiconductor is cautious about its sales prospects for the second half of this year, despite experiencing a substantial increase in revenue during the second...
Wednesday 26 July 2023
IC designers hold back wafer start orders amid sluggish prospects
Most Taiwan-based IC-design companies have continued to cut or delay their wafer start orders with the upstream foundry houses as their order visibility from downstream customers...
Monday 24 July 2023
China releases new measures to boost car market, lowering charging fees
The Chinese government aims to stimulate its economy by encouraging more people to buy cars, especially EVs. The country announced a series of measures on July 20, including enhancing...
Tuesday 18 July 2023
What does China's 2Q23 GDP data tell us about the market?
One year after China lifted its pandemic control measures, the recovery momentum is already grinding to a stop. Economists have repeatedly warned that slower economic growth in China...
Friday 16 June 2023
Wistron steps up global manufacturing deployments
Wistron will be aggressively advancing its worldwide manufacturing deployments in response to geopolitical shifts, according to Simon Lin, chairman for the Taiwan-based ODM company...
Monday 12 June 2023
India roundup: India's internet economy to reach US$1 trillion by 2030
A report by Google, Bain & Co, and Temasek forecasts India's internet economy to reach US$1 trillion by 2030. India may offer more incentives to encourage local production of...
Thursday 8 June 2023
India's internet economy is expected to reach US$1 trillion by 2030
Thanks to increasing internet adoption by consumers, the digitalization of enterprises, and efforts by the government, India's internet economy is expected to reach US$1 trillion...
Wednesday 17 May 2023
Musk says Tesla building two new models, probably challenged by the economy in next 12 months
Tesla held its annual shareholder meeting in Texas, USA, on May 16. CEO Elon Musk said the company is designing two new vehicle models. He also warned that Tesla will likely see challenges...
Thursday 4 May 2023
Nanya revenue increases for 2nd consecutive month
DRAM maker Nanya Technology's revenue increased for the second consecutive month in April.
Tuesday 25 April 2023
ASML's lack of orders in 2H24 reveals economic doubts as chipmakers ponder delaying or canceling orders
Lithography equipment giant ASML recently announced its financial report for the first quarter of 2023. At this stage, it still met the market's expectations with a solid performance...
Thursday 23 March 2023
ProLogium receives delegation from France Ministry of Economy and Finance
Taiwan's solid-state battery manufacturer ProLogium received a delegation from France's Ministry of Economy, Finance and Industrial and Digital Sovereignty earlier this year. The...
Wednesday 15 March 2023
India: What the economists say about the economy
In order to attract attention, economics would always say we are living on the "edge of unknown." As for the things that we should pay attention to, they include inflation, the threat...
Friday 3 March 2023
Semiconductor market in decline despite record 2022
The semiconductor market ascended to an all-time high in 2022, with total revenue reaching US$595.7 billion, just surpassing the previous year's record revenue of US$592.8 billion...