Archive for May 1st, 2021

ADB raises Taiwan’s 2021 growth forecast to 4.6pct

01-May-2021 Intellasia | Focustaiwan | 5:02 AM

The Asian Development Bank (ADB) has raised its forecast for Taiwan’s economic growth for 2021 to 4.6 percent from a previous estimate of 3.3 percent made in December [...] » More

Taiwan Semiconductor hires 250 employees destined for Arizona site

01-May-2021 Intellasia | ACB15 | 5:02 AM

Taiwan Semiconductor Manufacturing Co. has hired its first batch of employees that will end up at its forthcoming Arizona factory. Last year TSMC picked Arizona as its first [...] » More

Taiwan evacuates hotel to sterilise it after rare COVID outbreak

01-May-2021 Intellasia | Reuters | 5:02 AM

Taiwan began moving more than 400 people to a centralised quarantine facility on Thursday from an airport hotel after a rare domestic outbreak of COVID-19, and will sterilise [...] » More

Taiwan Dismisses EU Effort to Build Leading Edge Semiconductor Capacity

01-May-2021 Intellasia | Extremetech | 5:02 AM

Talk of building leading-edge foundry capacity has accelerated in Europe, but Taiwan’s Economy minister thinks the business case for such efforts is weak. “TSMC [...] » More

Taiwan central bank minutes show no hurry to change rates

01-May-2021 Intellasia | Reuters | 5:02 AM

Taiwanese central bank policymakers will not rush to alter interest rates due to continued economic uncertainty about COVID-19, minutes of their March meeting showed on [...] » More

China would find change in policy toward Taiwan ‘deeply destabilising’: US

01-May-2021 Intellasia | Wionews | 5:02 AM

Beijing would find it “deeply destabilising” if the United States were to explicitly state it would come to Taiwan`s defence in the event of a Chinese invasion, [...] » More

Taiwan mulls compensation claims in wake of Japan nuclear waste plan

01-May-2021 Intellasia | Focustaiwan | 5:02 AM

Taiwan’s government could help Taiwanese fishermen seek compensation from Japan in the event the treated radioactive water to be released by Tokyo into the ocean in two [...] » More

Defector group launches anti-N Korea leaflets despite Korea ban

01-May-2021 Intellasia | Reuters | 5:02 AM

An activist group in South Korea said on Friday it had released balloons into North Korea carrying dollar bills and leaflets denouncing the government in Pyongyang, defying a [...] » More

Korea’s Moon to visit Biden on May 21

01-May-2021 Intellasia | AFP | 5:02 AM

South Korean President Moon Jae-in will visit US President Joe Biden in Washington on May 21, the White House said Thursday. “President Biden looks forward to working [...] » More

N. Korea likely to stage provocation, continue modernising missiles: US intelligence

01-May-2021 Intellasia | Yonhap | 5:02 AM

North Korea is likely to stage military provocations that may include a nuclear test to put pressure on the United States and its allies, top US intelligence officials said [...] » More

Samsung overtakes Apple in global smartphone shipments in first quarter, report finds

01-May-2021 Intellasia | CNET | 5:02 AM

Samsung’s decision to slash prices of its flagship Galaxy S21 lineup by a cool $200 appears to be paying off. The South Korean manufacturer overtook Apple in worldwide [...] » More

Samsung overtakes Apple in smartphone shipments as Xiaomi closes in

01-May-2021 Intellasia | Reuters | 5:02 AM

Samsung Electronics Co Ltd (005930.KS) reclaimed its crown as the world’s biggest smartphone maker from Apple (AAPL.O) in the first quarter, cornering a fifth of [...] » More

Seoul stocks open lower on virus woes

01-May-2021 Intellasia | Koreaherald | 5:02 AM

South Korean stocks opened lower Thursday amid concerns of the spreading new coronavirus cases. The benchmark Korea Composite Stock Price Index (Kospi) fell 5.82 points, or [...] » More

Retired US Marine defends actions after N Korea Embassy raid

01-May-2021 Intellasia | UPI | 5:02 AM

The retired US Marine who helped Kim Jong Un’s half-nephew leave Macau after the assassination of his father Kim Jong Nam is defending his actions amid ongoing [...] » More

S. Korea to begin electronic travel authorisation for visa-waiver nations in May

01-May-2021 Intellasia | Yonhap | 5:02 AM

South Korea will start the electronic travel authorisation (ETA) system on Monday for nationals from some visa-waiver countries, the justice ministry said. Under the new [...] » More