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NEWS TAGGED FINANCE
Wednesday 31 January 2024
MediaTek and Qualcomm to issue financial reports, AI smartphone competition intensifies
Arch-rivals MediaTek and Qualcomm are scheduled this week to release financial reports for the fourth quarter of 2023 and offer their insights on the market in 2024. Since the first...
Friday 26 January 2024
Latest financial results indicate Tesla's 3 challenges and 2 opportunities
Tesla released the financial report for the fourth quarter of 2023 on January 24. The EV company's revenues, net income, and gross profit were lower than analysts expected. Based...
Thursday 21 December 2023
LGD increase capital by KRW1.36 trillion to bet on OLED
LG Display (LGD), which has experienced six consecutive quarters of losses, has announced a capital increase with consideration of KRW1.36 trillion (approx. US$1.04 billion) to secure...
Wednesday 25 October 2023
Taiwan gov't boosts offshore wind energy investment with national and PE funds
Developing offshore wind energy necessitates substantial financial investments. Currently, there are 260 offshore wind turbines spinning in the Taiwan Strait, boasting an installed...
Thursday 19 October 2023
Hai Long Project: Taiwan's largest offshore wind financing, targeting commercial operation by 2025
The Hai Long Offshore Wind Project recently celebrated its financing completion ceremony, marking the successful acquisition of over NT$117 billion in green financing over a period...
Wednesday 10 May 2023
TSMC increases quarterly dividend
TSMC decided to raise its quarterly dividend to NT$3 (US$0.10) a share, up from NT$2.75 that had been in place since 2021.
Thursday 27 April 2023
STMicroelectronics releases 1Q23 financial results
STMicroelectronics (ST) has released its first-quarter 2023 financial results. According to the company, net revenue was US$4.15 billion, a 19.8% YoY increase, and gross margin was...
Friday 21 April 2023
Challenges facing China's development of AI chatbots
Since Baidu pioneered China's homegrown development of ChatGPT-like AI chatbots with its Ernie Bot, several businesses have followed suit, including SenseTime's SenseNova and Alibaba...
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...
Friday 9 December 2022
China flash controller firm plans IPO
Yeestor Microelectronics, a China-based flash storage controller supplier, has applied to launch its IPO on the Sci-Tech Innovation Board (STAR) of the Shanghai Stock Exchange, according...
Monday 24 October 2022
Taiwan needs diverse trade amid US-China row, says finance chief
Taiwan needs to diversify its trade away from China, the island's finance minister said, citing uncertainties created by Covid Zero and rising geopolitical tensions between Washington...
Tuesday 1 March 2022
MediaTek to acquire 18.5% stake in ZillTek through subsidiaries
MediaTek has announced that through subsidiaries Hsu-Ta investment and MediaTek Capital, the company plans to subscribe to the new shares to be issued by ZillTek Technology, a fabless...
Tuesday 1 February 2022
New semiconductor fabs in Japan to go online in 2022-2024
With the Japan government stepping up their support for the local IC manufacturing sector, several new wafer fabs, including a joint venture (JV) between TSMC and Sony, will be constructed...
Thursday 30 September 2021
Malaysia to issue five digital bank licenses in early 2022
The Central Bank of Malaysia is set to issue five digital bank licenses for the first time in early 2022 and the move is expected to push the country to become one of the leaders...
Wednesday 1 September 2021
Semiconductor shortages continue to vex commercial transportation industry with lead times exceeding 5 months
Industry suppliers from truck and trailer OEMs to commercial telematics providers continue to feel the pain of delayed semiconductor shipments alongside rising growth opportunities...