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Hon Hai Achieves Record August Sales on AI Server Rack Shipments

Taipei: Taiwan-based Hon Hai Precision Industry Co. (Foxconn) has reported its highest-ever sales for the month of August, driven primarily by robust shipments of artificial intelligence (AI) server racks.

According to Focus Taiwan, the electronics

U.S. Dollar Closes Lower on Taipei Forex Market

Taipei: The U.S. dollar fell against the Taiwan dollar Friday, shedding NT$0.089 to close at NT$30.615. Turnover totaled US$1.44 billion during the trading session.

According to Focus Taiwan, the greenback opened at the day’s high

Taiwan Shares Close Up 1.30% on Strong Turnover

Taipei: Taiwan shares ended up 314.73 points, or 1.30 percent, at 24,494.58 Friday on turnover of NT$416.39 billion (US$13.61 billion).

According to Focus Taiwan, the stock market in Taiwan experienced a notable increase in

U.S. Dollar Declines in Taipei Trading

Taipei: The U.S. dollar was traded at NT$30.617 at 10 a.m. Friday on the Taipei Foreign Exchange, down NT$0.087 from the previous close.

According to Focus Taiwan, this change in value reflects the ongoing fluctuations

Taipei Court Grants NT$70 Million Bail to Ko Wen-je

Taipei: The Taipei District Court has ordered the release of former Taiwan People’s Party Chairman Ko Wen-je on NT$70 million (US$2.29 million) bail. This decision comes in the wake of a bribery hearing where Ko