Taiwan’s Economy Ministry said that while Foxconn had breached regulations, there was no concern about an ‘outflow of technology’
With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors
Foreigners sold equities worth $57 billion last year on exchanges in Taiwan, India, South Korea, the Philippines, Vietnam, Thailand and Indonesia
"The fruit of economic achievements will be shared by all citizens, from young to old," Premier Su Tseng-chang said
Demand for TSMC's 3-nanometre chip is "very strong", driven by new technologies including 5G and high-performance computing products, TSMC Chairman Mark Liu said
Taiwan assessed China had staged the military "provocation" to express anger at a new US defence authorisation law
The new plant in Dresden – TSMC's first in Europe – will capitalise on booming demand from Germany's car sector, Nikkei said
The Dutch chip-making machine manufacturer is planning ways to make even smaller, faster chips as it deepens its links with the industry's most important hub, Taiwan
A leading indicator of the demand for technology globally, the island's export orders are also likely to see a significant decline in December
Taiwan's government has opened an investigation into Chinese social media platform TikTok amid suspicion it illegally runs a subsidiary on the island
Taiwan's export orders often arrive two to three months ahead of actual exports as a leading sign of demand for high-tech goods and Asian exports
Foxconn faces disciplinary action from Taiwan's government after it disclosed it was a shareholder of Chinese chip conglomerate Tsinghua Unigroup