Taiwan Financial News

Subscribe to enjoy similar stories. Some of the world’s most-guarded semiconductor technology has ended up in China’s Huawei Technologies’ new artificial-intelligence chips, showing the limits of the U.S.’s broad attempts to thwart such hardware linkups. Core circuitry produced by Taiwan Semiconductor Manufacturing Co.

Nvidia is replacing Intel on the Dow Jones Industrial Average, ending a 25-year-run for a pioneering semiconductor company that has fallen behind as Nvidia cornered the market for chips that run artificial intelligence systems

Subscribe to enjoy similar stories. Adam Smith would be baffled by microelectronics. When the great economist died in 1790 James Watt’s two-cylinder steam engine passed for the height of technological sophistication.

Russian military. The announcement was made by US Treasury and State Departments in what they described as «third-country enablers”. However, there is no independent verification if these Indian firms were part of efforts to boost Russian military apparatus. “…The U.S. Department of the Treasury sanctioned 275 individuals and entities involved in supplying Russia with advanced technology and equipment that it desperately needs to support its war machine. Today’s action targets both individual actors and sprawling sanctions evasion networks across 17 jurisdictions, including India, the People’s Republic of China (PRC), Switzerland, Thailand, and Türkiye,” according to the announcement.

Subscribe to enjoy similar stories. At the 39th ASEAN Roundtable, hosted by a research institute in Singapore on October 28th, the room was split. With Asia riven by an assertive China and a protectionist America, some attendees called for hard-headed thinking about trade-offs.

Federal Reserve rate cuts. Shares in Australia and Japan opened lower, and a gauge of US-listed Chinese companies slipped in New York trading on Wednesday. US futures declined, weighed down by post-market losses for Microsoft Corp. shares, which fell around 4% in late trading after disappointing second-quarter forecasts. The S&P 500 lost 0.3% and the Nasdaq 100 dropped 0.8% Wednesday.

Global markets are mostly lower after a rally in technology stocks propelled the Nasdaq composite to a record high

Samsung Electronics Co. looked primed to benefit from the global AI boom: profits were surging and its stock was rising toward an all-time high. Now, South Korea’s biggest company has become a stark example of how quickly fortunes can turn in an industry where the spoils go to those who maintain a technological edge. As concerns mount that the company is losing out to smaller rival SK Hynix Inc. in AI memory and failing to gain on Taiwan Semiconductor Manufacturing Co. in outsourced chipmaking, Samsung shares have tumbled 32% from this year’s peak on July 9. The company has lost $122 billion of market value in that span, more than any other chipmaker worldwide.

dispute settlement body (DSB) has accepted a request from India and Taiwan to further defer the adoption of the ruling against New Delhi’s import duties on certain information and technology products till April 25 next year. This is the fifth time the adoption of the ruling has been deferred. The two were earlier given time until September 19, 2023 then December 18, then April 26, 2024 and then October 31 to resolve the dispute regarding New Delhi’s import duties on certain information and technology products.

China's Ministry of State Security said on Tuesday that it had retrieved spying devices both on the ocean surface and in the depths of the sea, including underwater «lighthouses» that could guide the transit of foreign submarines. The ministry said it had uncovered devices that had been hidden on the ocean floor and were sending back information that could «pre-set the field for battle,» in an article on its official WeChat account, China's most popular social media app. Recent sea and air confrontations in the South China Sea between China and the Philippines over competing territorial claims in the highly strategic waterway have raised the risk of an escalation that could eventually involve the U.S., which is treaty-bound to defend the Philippines if it is attacked.

United States to Taiwan. The United States is bound by law to provide Chinese-claimed Taiwan with the means to defend itself despite the lack of formal diplomatic ties, to the constant anger of Beijing. On Friday, the Pentagon said the United States had approved a potential $2 billion arms sale package to Taiwan, including the delivery for the first time to the island of an advanced air defence missile system battle-tested in Ukraine.

Taiwan is making a longshot push to join the International Monetary Fund

Elon Musk is all over the headlines for his public endorsement and support towards Donald Trump and the Republican Party for the upcoming US elections in November. However, latest reports from the Wall Street Journal suggest that the Tesla owner has also been in close contact with Russian leader Vladimir Putin for the better part of two years. Their contact has ranged around a variety of topics, including business, personal matters and even geopolitical issues, claims the report. Also Read: Kim Kardashian hasn't cooked food for over 2 years; she orders food from around the country and then wastes it

Asian stocks are mostly higher aside from in Japan, where investors are awaiting the outcome of an election on Sunday

Nvidia CEO Jensen Huang said on Wednesday a design flaw with its latest Blackwell AI chips which impacted production has been fixed with the help of longtime Taiwanese manufacturing partner TSMC. Nvidia unveiled Blackwell chips in March and had earlier said they would ship in the second quarter but were delayed, potentially affecting customers such as Meta Platforms, Alphabet's, Google and Microsoft. «We had a design flaw in Blackwell,» Huang said. «It was functional, but the design flaw caused the yield to be low. It was 100% Nvidia's fault.»

Subscribe to enjoy similar stories. It is bad enough to contemplate a war in Asia. It is grimmer still to think through a nuclear one.

Huawei product after tech research firm TechInsights took apart the product, a person familiar with the matter said, revealing a possible violation of export restrictions on the Chinese company. The teardown was of Huawei's Ascend 910B, another source said. The 910B is viewed as most advanced AI chip available from a Chinese company. The first source would not identify the item, but said the TSMC chip was one within a multi-chip system. TechInsights informed TSMC of the chip before publishing its findings in a report, the person said, prompting the Taiwanese firm to notify the U.S. Commerce Department a couple of weeks ago.

Taiwan has rejected South Africa’s demand that it move its representative office in the country from the capital, Pretoria, to the commercial center of Johannesburg

US-China trade war have fallen short, according to a new study, with other Asian rivals benefiting to a much greater extent from escalating tensions between the world’s biggest economies. Between 2017 and 2023, India’s total share in US imports rose by 0.6 percentage points to 2.7% while mainland China’s portion dropped by around 8 percentage points to under 14%, according to Oxford Economics. The biggest beneficiary from the trade diversion in the region has been Vietnam, whose total share in US imports grew by 1.7 percentage points to 3.7% in the period. Taiwan and South Korea have also made greater strides than India, increasing their share of US imports by 1 percentage point and 0.7 percentage points, respectively, according to Oxford.

The live fire drills were being held near the Pingtan islands off Fujian province from 9 a.m. to 1 p.m., according to a notice from the Maritime Safety Administration. It warned ships to avoid the area. It did not offer additional details. Taiwan's Defense Ministry said China's drills were part of an annual exercise and was tracking them. «It cannot be ruled out that it is one of the ways to expand the deterrent effect in line with the dynamics in the Taiwan Strait,» the statement added.

A genealogist spent years scouring historical records to trace the lives and establish the identities of enslaved people she believes are buried on the grounds of Taiwan-based Formosa Plastics Group's $9.4 billion facility in southeast Louisiana