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Asia Top News and Analysis Taiwan


  • SEOUL, Aug 4- For four years Samsung Electronics Co Ltd has basked in the success of its Galaxy smartphones, making billions of dollars competing with Apple Inc in the premium mobile market. The coming years are set to be more sombre for the South Korean tech giant, as it is forced to slash prices and accept lower margins at its mobile division in order to see off...

  • *Deal to mark Alibaba's first direct investment in India. BEIJING, Aug 3- Indian online marketplace Snapdeal is set to raise $500 million from a group of foreign investors including China's Alibaba Group Holding Ltd, three people familiar with the matter said on Monday. Snapdeal, Japan's SoftBank, Alibaba and Foxconn declined comment.

  • BEIJING, Aug 3- Indian online marketplace Snapdeal is set to raise $500 million in investment from Alibaba Group Holding Ltd, SoftBank Group Corp and Foxconn, the trading name of Hon Hai Precision Industry Co Ltd, a person familiar with the matter said on Monday. Alibaba and Foxconn declined to comment. Alibaba affiliate Ant Financial Services Group in February...

  • TAIPEI, July 31- Taiwan's economic growth slowed more sharply than expected to a three-year low in the second quarter, hurt by a collapse in exports as a slowdown in major market China chilled demand for its line of key technology products. The growth slump in Taiwan, an important hub in the global supply-chain for tech giants such as Apple Inc. and...

  • Sultans of shrink pack more chips into smart wearables Thursday, 30 Jul 2015 | 5:59 PM ET

    Packagers like Taiwan's Advanced Semiconductor Engineering Inc receive chips from manufacturers and prepare them for device assemblers by, for instance, encasing them in metal and resin. To serve this market, which researcher IDC expects to grow 173 percent to $17.1 billion in 2015, ASE and rivals like Taiwan's Siliconware Precision Industries Co Ltd and...

  • TAIPEI, July 23- China's Tsinghua Holdings is still discussing a potential deal to buy U.S. chipmaker Micron Technology Inc and hopes it could eventually go through, the state-backed investment company's chairman told Reuters on Thursday. Sources told Reuters earlier this week that Micron has dismissed an informal $23 billion offer from Tsinghua Unigroup, a...

  • TAIPEI, July 23- China's Tsinghua Holdings is still discussing a potential deal to buy U.S. chipmaker Micron Technology Inc and hopes it could eventually go through, the state-backed investment company's chairman told Reuters on Thursday. Xu Jinghong, chairman of Tsinghua Holdings, parent company of Tsinghua Unigroup, said it has not received any directive...

  • TAIPEI, July 9- Foxconn founder Terry Gou has a vision of how to rewire the Taiwan firm that builds iPhones to cut dependence on Apple Inc, the client around which he built a $46 billion tech empire. With the latest version of Apple's smash hit smartphone having catapulted first-quarter profit 55 percent higher, investors have sent shares in Hon Hai Precision...

  • POLL-Asia stock rally hopes rest on more rate cuts Monday, 29 Jun 2015 | 1:00 AM ET

    *Shanghai, Seoul shares to rise in 2015. Still, China's stock market has more than doubled over the past year. The People's Bank of China cut interest rates and reserve requirements for some banks simultaneously over the weekend, after the poll data were finalized on Friday.

  • Tawian water park fireball injures 500 Sunday, 28 Jun 2015 | 4:46 AM ET
    Items lie on the ground on the explosion site which was sealed off by police at the Formosa Fun Coast amusement park after an explosion in the Pali district of New Taipei City.

    The number of people injured in a fire at a Taiwan water amusement park rose to 516 on Sunday with more than 180 still in intensive care.

  • Asia’s week ahead: All eyes on Greece Sunday, 21 Jun 2015 | 7:14 PM ET

    Greece's drama is nearing a potentially catastrophic denouement, likely hijacking market attention from economic pulse checks on China and Japan this week.

  • DIARY- Emerging Markets Economic Events to July 3 Friday, 19 Jun 2015 | 8:02 PM ET

    JERUSALEM- Bank of Israel announces rate decision- 1300 GMT. BUDAPEST- Central Bank of Hungary holds rate-setting meeting. PARIS- Launch of the OECD business and finance outlook.

  • Is Taiwan Asia's next geopolitical flashpoint? Wednesday, 17 Jun 2015 | 7:10 PM ET
    The "Freedom Gate" located in Taipei, Taiwan.

    With Taiwan's pro-independence party tipped to win the next presidential election, some fear that could renew tensions in cross-strait relations.

  • Apple faces $600k fine in Taiwan Wednesday, 17 Jun 2015 | 8:00 AM ET
    Apple faces $600k fine in Taiwan

    Apple is facing a more than $600,000 fine for allegedly anti-competitive practices in Taiwan.

  • MUMBAI, June 11- Foxconn Technology is in talks to manufacture Apple's iPhone in India, government officials said, in a move that could lower prices in the world's No.3 smartphone market where the U.S. firm trails Samsung Electronics and local players. India could help Foxconn mitigate accelerating wage inflation in China, where it makes the majority of iPhones,...

  • *Exports to China -8.2 pct y/y, to U.S. +2.1 pct. *Exports to Europe -6.7 pct y/y, to Japan +8.6 pct. TAIPEI, June 8- Taiwan's exports slid for the fourth month in a row in May, but by less than expected, indicating some resiliency in one of Asia's export-driven economies even amid a bleak outlook.

  • Is the bubble in this property market set to pop? Thursday, 4 Jun 2015 | 7:11 PM ET
    A residential construction site in Hsintien, in New Taipei City

    Taiwan's long-bubbly property prices appear headed for a correction, but it doesn't look like bargain hunters will fill the breach.

  • GUIYANG, China May 26- Taiwan's Foxconn Technology, the world's largest contract electronics manufacturer, is aiming to develop 10-12 facilities in India, including factories and data centers, by 2020, Chairman Terry Gou said on Tuesday. The announcement makes Foxconn the latest tech powerhouse to set its sights on the world's second-most populous nation.

  • DIARY- Top Economic Events to June 5 Monday, 25 May 2015 | 9:09 PM ET

    TAIPEI- Former Federal Reserve chairman Ben Bernanke speaks on Asian economies- 0830 GMT. TEL AVIV, Israel- Federal Reserve Vice Chair Stanley Fischer speaks on "The Federal Reserve and the Global Economy" before a conference in honor of Professor Haim Ben-Shahar- 1630 GMT. PARIS- ECB Governing Council Member Christian Noyer gives an annual press conference in...

  • DIARY- Top Economic Events to June 4 Friday, 22 May 2015 | 8:01 PM ET

    SINTRA, Portugal- European Central Bank board member Vitor Constancio chairs session 2 on "Structural Perspectives on European Employment, Productivity, and Growth in a Global Context" at an ECB forum on Central Banking "Inflation and Unemployment in Europe"- 0800 GMT. SINTRA, Portugal- Federal Reserve Vice Chair Stanley Fischer participates in a panel...