Taiwan Investigates Chinese Chipmaker SMIC for Alleged Employee Poaching
In a significant development in the semiconductor industry, Taiwan has launched an investigation into the Chinese chipmaker Semiconductor Manufacturing International Corporation (SMIC) for allegedly engaging in the unlawful poaching of skilled employees from Taiwanese firms. This move underscores the ongoing tensions between Taiwan and China amid the highly competitive global tech landscape.
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US Tariff Threats Ignite Expansion Plans Among TSMC's Taiwanese Competitors
In a rapidly changing global economic landscape, Taiwanese semiconductor firms are ramping up their plans for expansion in the United States in response to looming tariff threats. This strategic move comes as these companies attempt to shield themselves from potential trade conflicts and capitalize on the growing demand for semiconductors in key sectors such as artificial intelligence (AI), electric vehicles, and telecommunications.
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Uber Scraps Acquisition of Delivery Hero's Taiwan Operations
In a notable shift within the competitive food delivery sector, Uber Technologies Inc. has officially terminated its agreement to acquire Delivery Hero's Taiwan business. This development comes amidst a backdrop of rapidly changing dynamics in the online food delivery market, signaling a reevaluation of strategies by major players.
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Taiwan's President Joins TSMC CEO for Significant Briefing Amidst Global Chip Demand
In a highly anticipated event, Taiwan's President, Tsai Ing-wen, along with the CEO of Taiwan Semiconductor Manufacturing Company (TSMC), C.C. Wei, will hold a crucial briefing today at 5 p.m. The meeting is expected to address the latest developments in Taiwan's semiconductor industry against the backdrop of surging global demand for chips, which are vital to various sectors including technology, automotive, and consumer electronics.
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Debunking Myths: Taiwan's Minister Assures TSMC's Global Identity Remains Intact
In a recent statement that has gained significant attention, Taiwan’s Minister of Economic Affairs, Wang Mei-hua, has addressed growing concerns regarding Taiwan Semiconductor Manufacturing Company (TSMC) possibly becoming overly Americanized. This apprehension surfaces amid an ongoing trend of increased collaboration between the semiconductor powerhouse and the United States, further fueled by geopolitical tensions in the Asia-Pacific region.
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Surge in Taiwan's Exports to Mexico: A Response to Upcoming U.S. Tariffs
In a remarkable development highlighting the changing tides of global trade, Taiwan has reported an almost 500% increase in its exports to Mexico. This surge comes as businesses gear up for the impending U.S. tariffs set to take effect, significantly altering the landscape for trade relations across North America. The heightened activity denotes a strategic pivot among Taiwanese manufacturers, reflecting a broader trend of finding alternative markets to mitigate tariff impacts.
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Taiwan Rallies Behind Tech Titans: A New Strategy to Combat US Tariffs
In a bold move to strengthen its position in the global technology industry, Taiwan has announced a comprehensive support initiative aimed at assisting major tech companies, including industry giant Foxconn, in navigating the complexities of US tariffs. This strategic response is particularly pertinent given the escalating trade tensions between the United States and China, which have created an uncertain environment for tech leaders operating in the region.
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Taiwan Enforces Ban on DeepSeek AI Services for Public Agencies
In a significant move aimed at safeguarding national security and promoting data safety, Taiwan has officially prohibited all public institutions from utilizing DeepSeek AI's services. This decision comes as part of a broader strategy to enhance the resilience of its cybersecurity framework amidst rising concerns over data privacy and foreign interference.
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Major Earthquake in Taiwan Forces TSMC Plant Evacuations
A significant earthquake struck Taiwan on January 20, 2025, prompting immediate evacuations at several facilities, including critical plants operated by Taiwan Semiconductor Manufacturing Company (TSMC) located in the southern regions of the island. The quake, measuring 6.0 on the Richter scale, was centered near Tainan, a city known for its historical significance and industrial output.
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Taiwan Minister Discusses Limited Impact of Trump's Single Term on U.S.-Taiwan Relations
In a recent statement, Taiwan's Minister of Foreign Affairs, Joseph Wu, addressed the implications of former President Donald Trump's single term on Taiwan's international standing and relations with the United States. Wu emphasized that although Trump’s presidency was marked by significant changes in the U.S.'s approach to Taiwan, the long-term effects are somewhat limited due to the ephemeral nature of a single presidential term.
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