Foxconn reports Q2 revenue up 16% YoY to ~$59.73B, matching est., and operating profit up 27% YoY to ~$1.9B, above $1.6B est., driven by its AI server business
Taiwan's Foxconn, the world's largest contract electronics maker, reported Thursday that its second-quarter operating profit rose 27% year …
TSMC closed above a $1T market cap in Taiwan on July 18, a first, up nearly 50% from an April low and the first Asian stock worth $1T+ since PetroChina in 2007
Jeanny Yu / Bloomberg :
France-based chipmaker SiPearl raised a €130M Series A from Taiwan's Cathay Venture and others to develop its ARM-based Rhea1 AI chip, set to feature 80 cores
Benoit Berthelot / Bloomberg :
TSMC CEO C.C. Wei says TSMC expects a record profit in 2025 despite geopolitical, tariff, and FX risks, and confirms it is not building a fab in the Middle East
HSINCHU, Taiwan — Taiwan Semiconductor Manufacturing Co. on Tuesday said it expects to log a record profit …
Filing: Taiwan-based Apple supplier Hon Hai plans to inject $1.5B into its India unit via its Singaporean subsidiary, as production shifts away from China
The Taiwan-based company said in an exchange filing on Monday that it had made the investment through its Singaporean subsidiary.
The Taiwan dollar's sharpest rally against the US dollar in nearly 40 years raises concerns about the competitiveness and earnings of Taiwanese tech companies
Charlotte Yang / Bloomberg :
TSMC says its Kaohsiung plant in Taiwan is set to begin 2nm wafer volume production in H2 2025, reaffirming its commitment to Taiwan during its US expansion
TSMC (2330.TW) said on Monday that its newly built domestic fab would add 7,000 tech jobs to the island's economy and that it will continue …
TSMC CFO Wendell Huang says the chipmaker now expects to pay more for power in Taiwan than anywhere else; TSMC's electricity prices rose 25% in April 2024
Kathrin Hille / Financial Times :
Foxconn Q3: revenue up 20.2% YoY to ~$57.3B, vs ~$55.4B est., on strong AI server demand; consumer electronics revenue, including from iPhones, was flat YoY
Taiwan's Foxconn (2317.TW), the world's largest contract electronics maker, beat expectations to post its highest-ever revenue …
Foxconn Q3: revenue up 20.2% YoY to ~$57.3B on strong AI server demand; consumer electronics revenue, including iPhones, was flat YoY; stock is up ~86% in 2024
Taiwan's Foxconn (2317.TW), the world's largest contract electronics maker, beat expectations to post its highest-ever revenue …