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NEWS TAGGED FINANCE
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...
Monday 12 July 2021
Vietnam partners with ADB to promote digital government
Vietnam's Ministry of Information and Communications signed a memorandum of understanding (MOU) with Asian Development Bank (ADB) at the end of June to form a partnership for the...
Friday 9 July 2021
Vietnam eyeing cryptocurrency development
The Vietnamese government has instructed State Bank of Vietnam to study the feasibility of developing its own cryptocurrency, with the study to be conducted in 2021-2023, according...
Wednesday 12 August 2020
TSMC board approves US$5 billion for advanced process manufacturing
The board of Taiwan Semiconductor Manufacturing Company (TSMC) has approved capital appropriations of about US$5.27 billion for the installation and expansion of advanced technology...
Tuesday 7 April 2020
TSMC plans NT$21.6 billion bond sale
TSMC's board of directors on April 6 approved the issuance of NT$21.6 billion (US$715.8 million) in unsecured corporate bonds to fund the construction of new facilities and equipment,...
Friday 13 March 2020
Coronavirus seen as black swan for 2020 IC market
The spread of the coronavirus and its anticipated negative impact on the global economy and IC market definitely fits the definition of a black swan event, according to IC Insights...