Losses in global foundry sales in 2023 will hurt Taiwan and South Korea.

This year is expected to be a down year for revenues in the worldwide contract chipmaking industry, also known as foundries, as demand for sophisticated chips, which have strengthened the technology-driven economies of Taiwan and South Korea, rapidly cools. Foundry sales are forecast to drop by 4...

TAIWAN’S TSMC TO INVEST $100 BILLION TO EXPAND ITS MANUFACTURING CAPACITY

Highlights –

• Taiwan’s TSMC to invest $100 billion to expand its manufacturing capacity.
• Apple Inc. and Qualcomm Inc. mostly uses processor chips made by TSMC.
• The chip maker’s revenue was 18% higher in January-February per...

Hon Hai announces top stock pick for electronics

Yahoo Finance app revealed the 10-most watched Taiwanese stocks of 2019 by its users, belonging to the electronics sector. Results concluded iPhone assemble Hon Hai Precision Industry Co. and contrast chipmaker Taiwan Semiconductor Manufacturing Co. took the first and the second place on the list...