CONNECT WITH US
NEWS TAGGED ECONOMY
Friday 18 February 2011
Taiwan sees 4Q10 economic growth of 6.92%
Taiwan has posted an on-year growth in real GDP of 6.92% for the fourth quarter and 10.82% for the entire 2010, according to preliminary figures released by the Directorate General...
Thursday 10 February 2011
Rising exchange rates of Asia currencies benefits US PC vendors
US-based PC vendors such as Hewlett-Packard (HP), Dell and Apple are gaining advantages as exchange rates of Asia Pacific currencies to the US dollar are rising quickly, according...
Wednesday 26 January 2011
Taiwan-based IC distributors bullish on 2011 growth
With demand for semiconductor products remaining steady and more new applications emerging, IC distributors such as WPG Holdings, WT Microelectronics, Zenitron and Techmosa International...
Tuesday 18 January 2011
WT Micro aims for US$3 billion in annual revenues within 3 years, says company chairman
With strong growth in the notebook, tablet PC and smartphone markets, a booming Asian economy and new applications, IC distributor WT Microelectronics expects annual revenues to reach...
Tuesday 21 December 2010
LCD panel market to be better in 2011, says AUO executive VP
With limited capacity expansion in 2010, and only South Korea's LG Display having ramped up capacity substantially in the past two years, LCD panel supply and demand will be more...
Tuesday 23 November 2010
Blu-ray disc drive penetration will not see giant boost
Although the price of the Blu-ray disc (BD) drives has already dropped from US$100 to about US$70-80, market penetration of BD drives in 2010 is unlikely to see strong growth compared...
Tuesday 9 November 2010
Rare earth element embargo will increase prices of high-tech products, says Information Network
Manufacturers of a broad spectrum of high-tech products are feeling the impact of price hikes in rare earth element-based processing materials because of the Chinese embargo, according...
Wednesday 27 October 2010
Annual drop of 10% in solar cell prices good for industry, says Motech chief
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...
Thursday 7 October 2010
Taiwan September CPI slightly up
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...
Friday 20 August 2010
Taiwan to see 8.24% GDP growth in 2010, says government
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...
Friday 25 June 2010
Taiwan, China settle on economic cooperation framework agreement
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.
Friday 25 June 2010
Taiwan central bank raises benchmark interest rate
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%,...
Monday 14 June 2010
South Korea exported US$300 million worth of smartphones, says Ministry of Knowledge Economy
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%...
Friday 28 May 2010
IC distributors to see slight setback in May revenues
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...
Tuesday 2 March 2010
Taiwan manufacturing sector sales value down 16.82% in 2009
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...