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NEWS TAGGED ECONOMY
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...
Thursday 18 December 2008
Economic recession lowers expectations for crucial system-level chips, says iSuppli
Revenues from global shipments of core silicon ICs-application specific standard products (ASSPs), application specific ICs (ASICs) and programmable logic devices (PLDs)-is set to...
Thursday 18 December 2008
iSuppli estimates broad downturn for semiconductor market in 2009, downgrades forecast
The deck appears to be stacked against the global semiconductor industry, with six separate market forces conspiring to cause revenues to decline by nearly a double-digit margin in...
Friday 12 December 2008
PSC and ProMOS initiate paycuts and involuntary unpaid
Powerchip Semiconductor Corporation (PSC) and ProMOS Technologies have begun launching cost reduction measures that include salary reductions and involuntary unpaid days off, but...
Monday 17 November 2008
US house pricing key to economic recovery, says TSMC chairman
Morris Chang, chairman of Taiwan Semiconductor Manufacturing Company (TSMC), remarked at a conference held by the Chinese National Association of Industry and Commerce (CNAIC) on...
Wednesday 17 September 2008
Taiwan IC distributors say design houses delaying launch of new products amid economic concerns
Although IC design houses usually introduce new products in the fourth quarter every year, semiconductor vendors will still be cleaning out inventory of old products in the fourth...