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NEWS TAGGED ECONOMY
Wednesday 20 May 2009
TSMC chairman asks all laid-off employees to return, says the worst is over
Taiwan Semiconductor Manufacturing Company (TSMC) has asked all laid-off employees to return to work to make amends for what company chairman Morris Chang describes as "regrettable...
Tuesday 5 May 2009
Semiconductor sales starting rebound, says The Information Network
The US, not China, will lead the semiconductor industry out of recession, according to a recent report released by The Information Network.
Monday 4 May 2009
Netbook growth might end when economy recovers, says iSuppli
As consumers' disposable incomes dwindle, they are flocking to buy low-cost netbook PCs, driving global shipments up by 68.5% in 2009 and by a 2,424% in 2008, according to iSuppli.
Tuesday 14 April 2009
The down economy could give alternative netbook OSes a hand up, says ABI Research
Cash-strapped consumers and an economy in recession are bad news for sales of most products, but that may not apply to netbooks, according to ABI Research. Several characteristics...
Wednesday 8 April 2009
Taiwan exports fall almost 36% in March
Taiwan's exports decreased 35.7% on year to US$15.59 billion in March 2009, according to Taiwan's Bureau of Foreign Trade (BOFT) of the Ministry of Economic Affairs (MOEA). Exports...
Monday 30 March 2009
Foxconn to begin relocating production facilities in China back to Taiwan, says chairman
The Foxconn (Hon Hai Precision Industry) Group plans to relocate part of its production facilities in China back to Taiwan later this year, the group's chairman Terry Gou said during...
Friday 6 March 2009
Credit crisis finally impacts PC market in 4Q08, says iSuppli
The credit crisis came home to roost for the global PC market in the fourth quarter of 2008, ending a sustained period when sales seemed to defy economic gravity, according to iSup...
Wednesday 4 March 2009
Efun revokes convertible bond issue plans
Optical film maker Efun Technology has said that in consideration of the current state of the global economy, the company has decided to revoke its planned convertible bond issue,...
Thursday 26 February 2009
Global semiconductor sales to fall 22% in 2009, says IDC
IDC has forecast a further revenue decline of 22% in the global semiconductor market in 2009, due to double digit declines in unit shipments of key system markets, low utilization...
Tuesday 24 February 2009
Semiconductor industry will not recover until 2012, says TSMC chairman
The global semiconductor industry will likely experience negative growth in 2009, but will start to rebound at an annual growth rate of 4-5% from next year, according to Morris Chang,...
Thursday 19 February 2009
Taiwan economy to shrink almost 3% in 2009, says government agency
Taiwan's economy will contract by 2.97% in 2009 compared to a mere 0.12% growth in 2008, according to the latest estimate by Taiwan's Directorate General of Budget, Accounting and...
Thursday 12 February 2009
Taiwan PC vendors expect China market demand to aid against declining economy
Taiwan-based PC vendors expect recent inventory clearances in the China market will help buffer the impact of the gloomy economy.
Thursday 5 February 2009
WiMAX deployments hit by economic downturn as subscription rates and service revenues lose pace, says Maravedis
WiMAX subscribers worldwide reached 2.68 million in the third quarter of 2008 – a modest 13% growth over the first quarter and a 91% increase from the same period one year earlier,...
Monday 12 January 2009
First-tier motherboard makers implement changes to combat the economic decline
Micro-Star International (MSI) and Gigabyte Technology are both reportedly implementing cost reduction plans in order to weather through the economic decline, while Asustek Computer,...
Thursday 25 December 2008
CMO says no plans for consolidation
With Hsu Wen-Lung, founder of the Chi Mei Group, recently commenting that the Taiwan government should take the lead and help consolidate the panel industry, Chi Mei Optoelectronics...