Hon Hai, Brookfield to Invest in Renewable Energy in Vietnam
Taiwan’s Foxconn (Hon Hai Precision Industry) has teamed up with global investor Brookfield to develop up to 1 GW of utility‑scale wind, solar and battery projects in Vietnam. The partnership will be underpinned by long‑term power purchase agreements to supply Foxconn’s factories and its supplier network. Brookfield will channel its Catalytic Transition Fund to finance and manage the assets, leveraging its trillion‑dollar portfolio of clean‑energy holdings. Both firms see the collaboration as a way to lock in stable, cost‑effective renewable power as Vietnam’s PPA framework evolves.
Taiwan's Exports Hit 2nd Highest Level in May on AI Boom
Taiwan’s May exports surged 51.7% year‑on‑year to US$78.48 billion, the second‑largest monthly total on record. The jump was driven by a wave of AI‑related demand, especially for chips, servers and other ICT components. Imports also hit a record US$60.57 billion, widening the...
U.S. Dollar Surges Against Taiwan Dollar to a Half-Month High
The U.S. dollar surged to a half‑month high against the Taiwan dollar, closing at NT$31.580 – a new peak since May 22. The rally was fueled by a massive outflow of funds as foreign investors dumped roughly NT$93.85 billion (about $3 billion) of...
Taiex Records 3rd Heaviest Point Fall but Come Off Low
Taiwan's benchmark Taiex index slumped 1,568.16 points, a 3.48% drop, marking the third‑largest point decline in its history. The slide mirrored a sharp U.S. market fall after stronger‑than‑expected May payrolls, stoking fears of a more hawkish Federal Reserve. Foreign institutional...
TSMC Doubles Market Cap, Climbs to 9th in PwC Global Top 100 Rankings
Taiwan Semiconductor Manufacturing Co. (TSMC) saw its market capitalization more than double year‑on‑year, reaching $1.427 trillion as of March 31. The surge vaulted the chipmaker from 12th to 9th place in PwC’s Global Top 100 Companies, making it the fastest‑growing firm among the...
Taiwan Military Drafting Plan to Replace T-34C Trainers: Defense Chief
Taiwan’s Ministry of National Defense announced it will draft a plan to replace its aging T‑34C basic trainer fleet after a fatal crash killed two pilots. Although the aircraft are not yet at end‑of‑life, the ministry aims to decide on...
CGA Condemns China's Maritime Operations in Waters East of Taiwan
Taiwan's Coast Guard Administration condemned China’s launch of a special maritime law‑enforcement operation east of the island, asserting Beijing has no sovereign rights in the area. The CGA reported detecting four Chinese vessels—Haixun 06, 08, 09 and Donghaijiu 113—heading toward waters southwest...
Songshan Airport Suspends Ground Operations Due to Thunderstorms
Taipei Songshan Airport suspended ground operations at 2:38 p.m. on June 7 due to severe thunderstorms and lightning, prompting immediate flight delays. The Civil Aviation Administration warned that the suspension would cascade to other airports with scheduled connections, amplifying disruptions across Taiwan’s...
Taiwan's CPI Growth Tops 2% Alert Level in May
Taiwan's consumer price index rose 2.20% year‑over‑year in May, breaking the central bank’s 2% alert threshold for the first time since April 2025. The core CPI also exceeded the alert, climbing 2.12% as fuel‑related costs surged. Communications, transportation and air‑ticket prices...
Taiwan Firms Eye Philippines Amid Shift to Non-China Supply Chains: Expert
Taiwanese firms are boosting investment in the Philippines, reaching an estimated US$257 million in 2025 as they chase non‑China supply‑chain opportunities. U.S. clients are urging Taiwanese manufacturers to set up or expand factories in the archipelago to serve the American market....
Agentic AI to Drive CPU Demand: Intel CEO
Intel CEO Lip‑Bu Tan announced at Computex Taipei that agentic AI will boost CPU demand, unveiling new Xeon 6 processors with up to 288 efficiency cores and 576 MB L3 cache for data‑center workloads. The company also highlighted its 18A process powering...
Hon Hai Partners with France's Bull for AI Expansion in Europe
Hon Hai Precision Industry (Foxconn) has teamed up with French high‑performance computing firm Bull to build Europe’s AI infrastructure. Bull will design AI systems and drive market development, while Foxconn will supply manufacturing and supply‑chain support from its European sites....
AI Agents to Replace Smartphones as Center of Digital Life: Qualcomm CEO
Qualcomm CEO Cristiano Amon announced that AI agents will replace smartphones as the central hub of digital life, ushering in a major computing upgrade cycle. He described 2026 as the "year of agents," with AI systems providing continuous, context‑aware assistance...
Explainer: Legal Rights, Safety Resources for Domestic Violence Survivors in Taiwan
Taiwan’s 2024 amendment to Article 31 of the Immigration Act lets foreign domestic‑violence victims retain residency after divorce by submitting a police report, removing previous requirements for children or court‑certified divorces. The change decouples immigration status from marital ties and aligns...
Taiwan's CPC to Leave Domestic Gasoline, Diesel Prices Steady Next Week
Taiwan’s state‑owned CPC Corp. will keep domestic gasoline and diesel prices unchanged from Monday through June 7, marking the ninth straight week of price stability. The recommended rates are NT$32.4 ($1.03) for 92‑octane gasoline, NT$33.9 ($1.07) for 95‑octane, NT$35.9 ($1.14) for...