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NEWS TAGGED ECONOMY
Friday 8 March 2024
Taiwan exports to China see record drop in 2023
Taiwan's exports to China (including Hong Kong) decreased by 18.1% in 2023 compared with 2022, the largest decline in history, according to Taiwan's Mainland Affairs Council.
Thursday 29 February 2024
2024 Industry Outlook (2): ICT industry performance reflects economic health in Taiwan
In 2023, 940 plus publicly listed electronics companies in Taiwan reported a total of US$833 billion in revenues, down 12.6% from US$953 billion in 2022. This number reflected the...
Friday 23 February 2024
How Japan pulled off an early victory in the race to make more chips
When Taiwan Semiconductor Manufacturing Co. unveiled plans to begin building a new chip fabrication facility in Japan in 2022 and start production in 2024, it looked like an implausibly...
Wednesday 21 February 2024
Clean energy fuels 40% of China's economic growth in 2023
In a remarkable revelation, clean energy emerged as the powerhouse propelling China's economic growth in 2023, according to a comprehensive analysis by Carbon Brief. The country's...
Tuesday 20 February 2024
As 2024 forecasts remain bleak, notebook industry pins hope for 2025
After seeing less-than-stellar results in the traditional peak season in 2022, followed by an even bleaker off-peak season in 2023, the notebook supply chain is afraid of a repeat...
Monday 19 February 2024
How crude you? Oil giant Shell falls out of love with hydrogen
The oil giant Shell has shut down its hydrogen refueling stations in California.
Monday 19 February 2024
2023 witnesses decreased market concentration in Indian smartphone market amidst weak economy
Smartphone shipments in India remained modestly growing in 2023 despite a sluggish macro economy. The market is expected to see a mild recovery in 2024 as challenges persist.
Wednesday 7 February 2024
Japan lavishes billions on Kioxia, Western Digital's NAND factories
Japan has announced billions in subsidies for NAND manufacturing investments in the country.
Wednesday 31 January 2024
Tech recovery fuels Taiwan economy's fastest growth in two years
Taiwan's economy started 2023 in a technical...
Wednesday 31 January 2024
Japan lists MLCC as critical to economic security
The Japanese government has announced that advanced electronic components such as multilayer ceramic capacitors (MLCCs) will be included in a list of categories deemed critical for...
Wednesday 31 January 2024
Survey snapshot: 81% of AmCham members bullish on Taiwan's economic outlook for 2024
The American Chamber of Commerce in Taiwan (AmCham) recently released its 2024 Business Climate Survey, revealing a notable upswing in confidence among its members regarding...
Wednesday 24 January 2024
India special report: incentive policies and huge domestic market expected to reposition India as global electronics manufacturing hub
With a population of 1.42 billion, India is the most populous country globally due to its demographic structure, predominantly composed of young people. The country enjoys a substantial...
Tuesday 23 January 2024
Taiwan export orders fell 16% in 2023
Taiwan's total export orders for the year 2023 witnessed a substantial contraction.
Wednesday 17 January 2024
World Economic Forum report reveals high-income economies are more optimistic on AI prospects
A recent World Economic Forum (WEF) focusing on the impact of geopolitics and AI revealed that respondents from high-income economies are more optimistic about the prospect of enhancing...
Friday 12 January 2024
Taiwan readies silver tech for silver economy boom
Taiwan's National Science and Technology Council (NSTC) has recently initiated the "Elderly Technology Industry Action Plan," a comprehensive strategy aimed at advancing intelligent...
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Samsung expands mobile phone production beyond Asian countries, says DIGITIMES Research
SLMs to increase presence in GenAI business opportunities, says DIGITIMES Research
Generative AI market to reach US$1.5 trillion by 2030 with Taiwan holds hardware advantage; software and services to see promising future, says DIGITIMES Research