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News tagged economy
  • Last update: Thursday 22 November 2012 [78 news items]

Annual drop of 10% in solar cell prices good for industry, says Motech chief

Oct 27, 01:20

An annual price drop of 10% for solar cells is healthy for the development of the solar industry, said Chang Peng Heng, CEO of Motech Industries, at the PV Taiwan 2010 exhibition...

Taiwan September CPI slightly up

Oct 7, 10:55

Taiwan's September 2010 consumer price index (CPI) of 105.77 (2006 as base year) rose by 0.10% on month and by 0.29% on year, while the wholesale price index (WPI) of 108.35 increased...

Taiwan to see 8.24% GDP growth in 2010, says government

Aug 20, 11:03

The Taiwan government's Directorate-General of Budget, Accounting and Statistics (DGBAS) has revised upward its projection of Taiwan's GDP growth for 2010 to 8.24%, from the previous...

Taiwan, China settle on economic cooperation framework agreement

Jun 25, 16:13

Negotiators from Taiwan and China have finalized the text and early harvest list of an economic agreement that both sides are expected to sign by the end of June.

Taiwan central bank raises benchmark interest rate

Newswatch - Jun 25, 11:36

The Central Bank of the Republic of China (CBC) has announced a 0.125 percentage point hike in its discount rate, bringing its benchmark interest rate on loans to banks to 1.375%,...

South Korea exported US$300 million worth of smartphones, says Ministry of Knowledge Economy

Jun 14, 14:15

South Korea's smartphone exports topped US$300 million in May 2010, up 135% on year, according to the Ministry of Knowledge Economy.Overall handset exports however, declined by 29.8%...

IC distributors to see slight setback in May revenues

Newswatch - May 28, 13:45

Taiwan-based IC distributors are expected to see revenues decline slightly in May 2010 as compared to the previous month as demand for IC parts from PC ODMs has been weakened by the...

Taiwan manufacturing sector sales value down 16.82% in 2009

Mar 2, 11:30

Taiwan's manufacturing industries generated total revenues of NT$10.341 trillion (US$315 billion) in 2009, down 16.82% from 2008, according to the Ministry of Economic Affairs (MOE...

Taiwan forecasts 4.72% economic growth for 2010

Feb 23, 12:05

Taiwan's annual economic growth rate hit the historically lowest level of -1.87% in 2009 but will swing to 4.72% in 2010, according to government projection released by the Directorate-General...

Taiwan is on road to economic recovery, says premier

Feb 23, 09:57

Taiwan's total tax revenues of NT$116.0 billion (US$3.63 billion) in January 2010 grew by 56.5% on year and its estimated year-on-year economic growth of 9.22% for the fourth quarter...

Taiwan exports back on growth track in November 2009

Dec 9, 15:07

Taiwan's exports rose 19.4% on year to US$20.02 billion in November 2009, following drops over the previous 14 months, according to data released by the accounting department of Taiwan's...

Taiwan forecasts 4.39% economic growth for 2010

Nov 27, 14:26

Taiwan's economy is expected to grow 4.39% in 2010, according to the government's Directorate-General of Budget, Accounting and Statistics (DGBAS).

China chip sales to rebound in 2010, says iSuppli

Oct 26, 10:23

Following a decline in 2009, the China semiconductor market is expected to rebound vigorously in 2010 as exports of electronic products recover from the global economic crisis, according...

Taiwan unemployment rate hits record at 6.07% in July

Aug 25, 15:12

Taiwan had 663,000 jobless citizens in July 2009, equivalent to a record unemployment rate of 6.07%, according to statistics released by the Directorate General of Budget, Accounting...

Taiwan economy improves in 2Q09, says government

Aug 24, 09:56

Taiwan's GDP slipped by 7.54% on year in the second quarter of 2009, less than the decrease of 10.13% for the first quarter, according to statistics released by the government Directorate...

Global LCD TV shipments expected to increase 10-15% in 2010

Aug 18, 11:18

Global LCD TV shipments are estimated to increase 10-15% to 155 million units in 2010 amid a gradually recovering global economy, according to market sources.

Taiwan industrial output drop narrows in June

Jul 29, 12:25

Taiwan's industrial output slid 11.35% on year in June, representing the smallest drop over the previous nine months, according to Taiwan's Bureau of Foreign Trade (BOFT) of the Ministry...

Taiwan sees exports recover in June

Jul 8, 12:42

Taiwan's exports in June grew 4.8% sequentially to an eight-month high of US$16.95 billion, although the figures still represented a decline of 30.4% from a year earlier, according...

Taiwan industrial output continues to drop in May

Jun 24, 10:02

Taiwan's industrial output slid 18.31% on year in May 2009, following an annual slip of 19.88% in the prior month, according to Taiwan's Bureau of Foreign Trade (BOFT) of the Ministry...

Global chip market may fully recover in 2012, says TSMC chairman

Jun 11, 10:46

The worst for the global semiconductor industry is already over, but full recovery is not expected till 2012 when the market may return to the 2008 levels, according to Morris Chang,...

TSMC chairman Morris Chang

Taiwan economy contracts by record 10% in 1Q09; exports slip

May 22, 11:30

Taiwan's economy shrank by a record 10.24% in the first quarter of 2009, with the manufacturing sector down 28.6%, according to data released by Taiwan's Directorate-General of Budget,...

TSMC chairman asks all laid-off employees to return, says the worst is over

May 20, 15:54

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...

Semiconductor sales starting rebound, says The Information Network

May 5, 16:57

The US, not China, will lead the semiconductor industry out of recession, according to a recent report released by The Information Network.

Netbook growth might end when economy recovers, says iSuppli

May 4, 11:16

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.

The down economy could give alternative netbook OSes a hand up, says ABI Research

Apr 14, 14:08

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...

Taiwan exports fall almost 36% in March

Apr 8, 15:20

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...

Foxconn to begin relocating production facilities in China back to Taiwan, says chairman

Mar 30, 13:49

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...

Credit crisis finally impacts PC market in 4Q08, says iSuppli

Mar 6, 12:18

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...

Efun revokes convertible bond issue plans

Newswatch - Mar 4, 17:11

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,...

Global semiconductor sales to fall 22% in 2009, says IDC

Feb 26, 16:21

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...

Semiconductor industry will not recover until 2012, says TSMC chairman

Feb 24, 17:12

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,...

TSMC chairman Morris Chang

Taiwan economy to shrink almost 3% in 2009, says government agency

Feb 19, 12:30

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...

Taiwan PC vendors expect China market demand to aid against declining economy

Feb 12, 14:02

Taiwan-based PC vendors expect recent inventory clearances in the China market will help buffer the impact of the gloomy economy.

WiMAX deployments hit by economic downturn as subscription rates and service revenues lose pace, says Maravedis

Feb 5, 15:19

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,...

First-tier motherboard makers implement changes to combat the economic decline

Jan 12, 16:31

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,...

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