Asia Top News and Analysis
Taiwan
*Orders from U.S. -4.3 pct y/y; China +5.8 pct. TAIPEI, July 20- Taiwan's export orders surprisingly shrank in June, which an official called "unusual" and some analysts said could mean the U.S.- China trade war is casting a shadow over the island's second half growth outlook. The decline- a big reversal from May's robust 11.7 percent rise- was the first since February,...
TAIPEI, July 19- Taiwan Semiconductor Manufacturing Co Ltd cut its annual revenue and capital expenditure estimates on Thursday, as the world's largest contract chipmaker braces for slowing growth in the smartphone and cryptocurrency mining industries. TSMC, which makes chips for technology giants such as Apple Inc, Qualcomm Inc and Nvidia Corp, its lowered...
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As Trump meets Putin, nearby superpower China will be paying the most attention to the relationship dynamic between the two leaders.
Michael Boyden of TASC Taiwan Asia Strategy Consulting says Taiwan is "definitely exposed" to the ongoing trade spat between the U.S. and China.
*Warships' passage comes amid trade fight between U.S., China. *China's military drills around Taiwan stoking tensions. WASHINGTON/ TAIPEI, July 7- Two U.S. warships passed through the Taiwan Strait on Saturday on a voyage that will likely be viewed in the self-ruled island as a sign of support by President Donald Trump amid heightened tension with China.
Two U.S. warships passed through the Taiwan Strait on Saturday on a voyage that will likely be viewed in the self-ruled island as a sign of support by President Donald Trump amid heightened tension with China.
TAIPEI, July 7- Two U.S. warships passed through the Taiwan Strait on Saturday on a voyage that will likely be viewed in the self-ruled island as a sign of support by President Donald Trump amid heightened tension with China. China regularly says Taiwan is the most sensitive issue in its ties with the United States. China claims Taiwan as its own and has never...
TAIPEI, July 6- Taiwanese smartphone maker HTC Corp said its sales fell nearly 68 percent in June, its biggest slump in more than two years, as the struggling firm continues to lose customers amid intensifying competition with nimbler manufacturing rivals. Once a favourite with consumers and investors, HTC's popularity has dwindled with the emergence of...
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If tariffs threatened by President Donald Trump result in falling Chinese exports to the U.S., there will be knock-on effects for the rest of Asia.
*Court temporarily bans sales of 26 Micron chips in China. *China accounts for half of Micron's revenues. The ban comes amid an escalating trade spat between Washington and Beijing that is spurring China to accelerate its goal of developing its own domestic chipmakers to curb the heavy reliance on U.S. firms like Micron and Qualcomm Inc..
*Court temporarily bans sales of 26 Micron chips in China. *China accounts for half of Micron's revenues. It comes amid an escalating trade spat between Washington and Beijing over tariffs and also as China investigates Micron and its South Korean rivals over price fixing allegations, amid a surge in prices of dynamic random access memory chips.
*Court temporarily bans sales of 26 Micron chips in China- UMC. It also comes as China investigates Micron and its South Korean rivals over price fixing allegations, amid a surge in prices of dynamic random access memory chips. The Fuzhou Intermediate People's Court issued a preliminary sales injunction against Micron that prevents it from selling the chips,...
William Ma of Noah Holdings Hong Kong explains why tech companies in Taiwan, Korea and Japan could see more potential acquisitions and partnerships from China.
Foxconn's decision to open its first plant outside of Taiwan in the U.S. is seen by some as a political move to protect itself from trade war concerns.
*Beijing demanding Taiwan referred to as Chinese territory. BEIJING/ WASHINGTON, June 28- China has rejected U.S. requests for talks over how American airlines and their websites refer to Chinese-claimed Taiwan, according to sources, including a U.S. official, adding to tensions in a relationship already frayed by a major trade dispute. China has demanded that...
*Beijing demanding Taiwan referred to as Chinese territory. BEIJING/ WASHINGTON, June 28- China has rejected U.S. requests for talks over how American airlines and their websites refer to Chinese-claimed Taiwan, according to sources, including a U.S. official, adding to tensions in a bilateral relationship already frayed by a major trade dispute.
Eddie Cheung of Standard Chartered Bank says demand for the greenback will likely remain strong in the near term with pressure on currencies such as the Taiwan dollar expected.
Micron, an American chip maker, says its designs were swiped to help a new Chinese plant. Washington sees a larger pattern, fueling tensions with Beijing.
Taiwan's Foxconn, the world's largest electronics contract manufacturer said that the biggest challenge the company is facing the the trade war between the U.S. and China.
Srini Pajjuri of Macquarie says global semiconductor demand should remain strong for the next few quarters, but any U.S. tariffs on Chinese exports in the sector could end up hurting American firms instead.
