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HomeHIGH TECH COUNTRY TAIWAN11th May Headlines about the Taiwan Companies TSMC and Foxconn including new...

HIGH TECH COUNTRY TAIWAN

11th May Headlines about the Taiwan Companies TSMC and Foxconn including new smartphone factory in India and Xiaomi!

May 11, 2024

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These are the most interesting headlines of today, and before about TSMC and Foxconn!

Foxconn’s Q1 profit to jump from low base, AI to power growth

Taiwan’s Foxconn , the world’s largest contract electronics maker, is expected to report on Tuesday that first-quarter profit more than doubled on robust…

Xiaomi ties up with Taiwan’s Foxconn to assemble smartphones in India

China’s Xiaomi Inc [XTC.UL] has joined forces with Taiwan-based tech giant Foxconn to start assembling phones in India, seeking to cut costs and grab a…

Wauwatosa-based Ingantec Corp. raises $2 million, names former Foxconn executive CEO

Ingantec Corp. has closed a $2 million funding round and announced the appointment of a former Foxconn executive to the role of CEO.

New Rs 8 lakh EV coming soon

Foxconn is another manufacturer that is planning to enter India. It’s EV subsidiary “Mobility in Harmon” is looking to bring an 8 lakh EV…

TSMC Hammers April Sales Results on AI Chip Demand

Taiwan Semiconductor Manufacturing Co. reported April sales jumped nearly 60% year-over-year as demand for artificial intelligence (AI) chips soars.

TSMC Drives AI Innovations With Nvidia As TSM Stock Etches A Buy Point

As artificial intelligence seeps into an ever-expanding range of industries, Nvidia (NVDA) gets hailed as the king of AI. But Taiwan Semiconductor (TSM),…

Chip giant TSMC’s April revenue jumps 60% on-year

Taiwanese chip giant TSMC said on Friday that April revenue jumped nearly 60 percent on-year, riding a huge wave of demand for the advanced semiconductors…

Why Taiwan Semiconductor Stock Was Moving Higher Today

TSMC delivered strong April sales results.

TSMC’s April Sales Jump 60% on Sustained Demand for AI Chips

(Bloomberg) — Taiwan Semiconductor Manufacturing Co. saw April sales jump 60% to NT$236 billion ($7.3 billion) as sustained artificial intelligence demand…

TSMC’s Record Sales Surge: What’s Behind the Sudden Spike? – Taiwan Semiconductor (NYSE:TSM)

The world’s largest contract chipmaker, TSMC, saw a 60% surge in sales due to demand for AI and recovery in consumer electronics.

TSMC sales in April hit second-highest monthly level

Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s largest contract chipmaker, said Friday that its April sales hit the second-highest monthly level…

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