Taiwan’s exports reaches a second-high for September at US$296.20 billion, compared to the same figures as last year, reported Ministry of Finance (MOF) statistics. The island’s exports have reached a three-month consecutive growth rate, however, among the four prime markets that Taiwan is exporting to, Southeast Asian markets have performed dismally: exports to the region have fallen for thr...

Taipei - In the age of AIoT, companies may be wondering how they are able to do business in a digitalized age that gears towards big data analysis, especially among small-and-medium enterprises, where funding and scale are factors that put them against bigger companies with larger resource pools. AIoT Taiwan is the main theme at 2018 TAITRONICS, which kicked off on Oct. 9 to Oct. 12, and a...

With the trade war between the U.S. and China escalating, Taiwan Institute of Economic Research (TIER) has sounded the alarm as forecasts for both manufacturing and service indexes tumbled. The think tank warned that Taiwan’s business climate will likely see a sudden down drop and urged increased awareness of the potential impact of the trade war would have on Taiwan’s exports. The think tank ...

In a bid to increase cross-country innovative transformation, Foxconn Technology Group was reportedly on the table for potential partnership with the U.S.’ General Electric Company (GE). Reports indicate that GE was offering a good-willed opportunity that was green-lighted by Foxconn CEO and Chairman Terry Guo. Guo reportedly ordered a delegation of high-ranking managers to visit GE subsidiar...

Using facial recognition to remove security checks and recognizing criminals sounds like technological applications out of a movie, though much of it is already implemented in everyday life. Having been founded for only seven years, Megvii Technology Limited, or more commonly known for its facial recognition and AI application Face++, owns critical technology by combining both, and now, recently ...

Tang Wenbin, founder and CEO of Megvii Technology, will be visiting Taiwan next week, but accepted an overseas interview with Economic Daily News on Sept. 6. This is the second installment of the interview. Aiming for a complete application; forming a city’s “brain” Q: What are the goals and strategy for the next phase? A: When the company first started off, we had to find a way to impl...

Chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC) Chairman Mark Liu, in a rare moment, revealed that the firm “will not rule out the possibility of buying” a memory chip company. Liu was speaking to Nikkei Asian Review in an exclusive interview on Sept. 6. TSMC is the sole supplier of Apple's iPhone core processors. At a moment where mobile-driven earnings are slowing, Chairman Liu’s sta...

According to WSTS, Q2 2018 worldwide semiconductor revenue reached US$117.9 billion, a year-to-year growth of 20.5% and up 6.0% on-quarter. Sales quantity reached 253.7 billion ICs, a 10.0% increase on-year and up 6.6% on-quarter. ASP was US$0.465, a 9.5% increase on-year and down 0.6% on-quarter. Semiconductor revenue in the US reached US$25.0 billion in Q2 2018, a 26.7% increase on-year and...

GIFTO is proud to announce that over 500,000 users now utilise its proprietary e-wallet within its Uplive live streaming app as well as on the Ethereum blockchain. This figure includes over 396,922 users in Uplive who are actively using the wallet to hold their GTO (Gifto tokens) off-chain. These users can send GTO gifts to broadcasters on the platform instantly and with no gas fees. Additionally...

With a bigger exhibitor turnout and a large number of visitors and overseas officials on the first day, Smart City Summit & Expo (SCSE), held on Mar 27 through 30 at Taiwan Nangang Exhibition Center Hall 1, proves to be a professional B2B-oriented platform, where an optimistic buying atmosphere has been felt over the past days. SCSE has been the largest exhibition for the application of Inter...