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NEWS TAGGED FINANCE
Monday 24 June 2024
Generative AI drives financial innovations, enabling green finance and fraud prevention
The finance sector is one of the key areas where AI is put to use to drive innovations.
Thursday 20 June 2024
Taiwan Finance Ministry urges companies to apply for tax credits for industry innovation
Are complicated official documents discouraging companies from applying for tax credits? Or, the companies are already flush with cash? Taiwan's Ministry of Finance (MOF) had to issue...
Thursday 13 June 2024
Taiwan CSPs upbeat about implications of AWS establishing data center operations in Taiwan
Amazon Web Services (AWS) has announced plans to build regional data center operations in Taiwan, making Taiwanese Cloud Service Providers (CSPs) optimistic about the long-term imp...
Wednesday 29 May 2024
Taiwanese banks embrace GenAI amid integration challenges, McKinsey survey finds
A survey by consulting firm McKinsey & Company found that a majority of Taiwanese banks have begun applying or testing Generative AI (GenAI).
Tuesday 6 February 2024
Skyworks showcases impressive results in 1Q24 financial report
A rebound in the global smartphone market and the widespread adoption of 5G technology has allowed US semiconductor manufacturer Skyworks Solutions to showcase an impressive financial...
Wednesday 31 January 2024
Microsoft records substantial financial growth across the board
According to Microsoft's latest earnings report for the quarter that ended in December, the company's revenue grew by 17.58% to US$62 billion, with gross profit, operating income,...
Wednesday 31 January 2024
MediaTek and Qualcomm to issue financial reports, AI smartphone competition intensifies
Arch-rivals MediaTek and Qualcomm are scheduled this week to release financial reports for the fourth quarter of 2023 and offer their insights on the market in 2024. Since the first...
Friday 26 January 2024
Latest financial results indicate Tesla's 3 challenges and 2 opportunities
Tesla released the financial report for the fourth quarter of 2023 on January 24. The EV company's revenues, net income, and gross profit were lower than analysts expected. Based...
Thursday 21 December 2023
LGD increase capital by KRW1.36 trillion to bet on OLED
LG Display (LGD), which has experienced six consecutive quarters of losses, has announced a capital increase with consideration of KRW1.36 trillion (approx. US$1.04 billion) to secure...
Wednesday 25 October 2023
Taiwan gov't boosts offshore wind energy investment with national and PE funds
Developing offshore wind energy necessitates substantial financial investments. Currently, there are 260 offshore wind turbines spinning in the Taiwan Strait, boasting an installed...
Thursday 19 October 2023
Hai Long Project: Taiwan's largest offshore wind financing, targeting commercial operation by 2025
The Hai Long Offshore Wind Project recently celebrated its financing completion ceremony, marking the successful acquisition of over NT$117 billion in green financing over a period...
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...