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Apple assembler profit beats expectations
TAIPEI: Hon Hai Precision Industry Co reported quarterly profit above analysts’ estimates, indicating solid demand for Apple Inc’s iPhone 11 range.
Asia shares slip on Brexit snag
TOKYO: U.S. stock futures and Asian shares slipped on Wednesday as revenue warnings from Texas Instruments raised worries about the global tech sector and after British lawmakers forced the government to hit the pause button on the latest Brexit deal.TOKYO: U.S. stock futures and Asian shares slipped on Wednesday as revenue warnings from Texas Instruments raised worries about the global tech sector and after British lawmakers forced the government to hit the pause button on the latest Brexit deal.
Taiwan’s market fortunes tied to TSMC like never before
TAIPEI: Taiwan’s largest stock is so dominant it’s even underpinning a surge in the local currency.
Chipmaker TSMC raises capex by up to US$5bil
TAIPEI: Apple Inc supplier TSMC raised its 2019 capital spending plan by up to US$5bil yesterday and forecast a nearly 10% rise in fourth-quarter revenue on strong demand for faster mobile chips and new high-end smartphones.
TSMC’s revenue outlook beats thanks to solid iPhone demand
BEIJING: Taiwan Semiconductor Manufacturing Co., the primary chip supplier to Apple Inc., projected current-quarter revenue ahead of analysts’ estimates after the latest iPhones proved a hit with consumers.
Foreign funds snap four-week buying spree
KUALA LUMPUR: Foreign funds turned to selling mode last week after four straight weeks of buying into stocks listed on Bursa Malaysia.
TSMC’s solid results shows resilience in trade dispute
TAIPEI: Taiwan Semiconductor Manufacturing Co (TSMC) projected current-quarter revenue ahead of estimates, as the Apple Inc supplier shrugs off a smartphone slump and US sanctions on Huawei Technologies Co to ride demand for cutting-edge chips.
Frequently asked questions about US-China trade war
Was Huawei part of the trade negotiations?
Emerging world's three biggest stocks are now down US$170b
TAIPEI: May is proving painful for emerging-market investors as three of their tech favorites have taken a beating due to the China-U.S. impasse.
Huawei’s HiSilicon says it has long been preparing for US ban scenario
Huawei Technologies' chip arm HiSilicon said on May 17 it has long been prepared for the "extreme scenario" that it could be banned from purchasing US chips and technology, and is able to ensure steady supply of most products.