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The world’s leading foundry, TSMC, is having problems meeting the demand for 3nm chips from Apple. The latter is TSMC’s largest customer, accounting for 25% of its revenue. Apple reportedly locked up all of TSMC’s 3nm production for this year and plans on…
Apple supplier Quanta Computer plans to set up a factory in northern Vietnam, the Vietnamese government said. The company, a MacBook contract manufacturer, on Friday signed an agreement with the authorities of Nam Dinh Province, 90 km (56 miles) south of…
Vietnam’s rice exports to Taiwan rose by 18.5% last year as quality improved and prices were competitive. It shipped 20,281 tons worth over US$10 million, accounting for more than 16% of Taiwan’s imports, the third highest market share. In recent years…
Carousell, a Singaporean consumer-to-consumer (C2C) service platform operating across Southeast Asia, is letting go of about 110 employees, or 10% of its total headcount, to reduce costs amid a challenging market condition for the tech industry. The…
A Taiwanese shoemaker in HCMC’s Binh Tan District has laid off 1,185 workers and blamed it on a drying up of orders. In an announcement, Monday Ty Hung Co. Ltd, said its customers face financial issues and have not placed new orders. Despite trying everything…
Swedish fashion brand Cos has expanded its store network into Taiwan, opening its first brick-and-mortar store at the Taipei 101 Shopping Center.The 700sqm flagship also marks Cos’ first concept store in the world. While Cos Taipei 101’s exterior features…
Miracle Coffee will launch a 90-day pop-up café kiosk at the ArtScience Museum in Singapore’s Marina Bay Sands by the end of September 2022, ahead of a brick-and-mortar store launch in the museum’s lobby next year. Miracle Coffee said the kiosk will only…
Chinese collectible toy retailer Pop Mart has launched its first brick-and-mortar store in Taiwan, as part of its international growth strategy. Pop Mart’s exclusive products are available at the store, which is located on the first floor of Shin Kong…
Taiwan has returned 1.44 tons of Vietnam’s Omachi instant noodles saying they contain high levels of carcinogenic ethylene oxide. The Taiwan Food and Drug Administration has determined that the batch of noodles, imported by Chinese company Qianyu, contains…
Japanese boutique coffee group % Arabica has made its debut in Taiwan with a store in Taipei. The Elephant Mountain store is the second % Arabica outlet to open this month following the launch of store in the lobby of the new United Overseas Bank head office…
Taiwan’s government is considering fining tech giant Foxconn up to T$25 million ($835,600) over its investment in a Chinese chip conglomerate without first getting regulatory approval, two sources briefed on the matter said on Friday. Foxconn, the world’s…
Taiwan Semiconductor Manufacturing Co (TSMC) said on Tuesday that the chip plant it is building in Japan with Sony Group will expand, with an extra $1.6 billion in spending, while auto supplier Denso Corp will take a 10% stake. TSMC, which is the world’s…
Japan called for greater collaboration with Taiwan on semiconductors at a bilateral economic and trade meeting on Tuesday. Japan-Taiwan Exchange Association Chairman Mitsuo Ohashi praised Taiwan Semiconductor Manufacturing Co Ltd (TSMC)’s plans to expand in…
Citi’s institutional business in Taiwan saw a significant acceleration in 2021 with numerous transactions across industries including technology, consumer, renewables, and financial services. Citi’s Taiwanese institutional clients have been ramping up their…
Jollibee Foods Corp has acquired a majority stake of Milkshop International, operator of Taiwanese milk tea chain Milksha, through its subsidiary Jollibee Worldwide. The acquisition deal, equivalent to 51 per cent ownership, is valued at approximately US$12.8…
French supermarket group Auchan is set to quit Taiwan after 24 years in the market, completing its withdrawal from greater Asia. Taiwan News has reported that local operator PX Mart will take over the RT-Mart hypermarket joint venture between Auchan and the…
