Latest news with #NewTaiwan
The Star
10 hours ago
- Business
- The Star
Taiwan investors turn to Europe over US assets
Over the first half of 2025, Taiwanese investors have also poured 14.1 billion New Taiwan dollars into Europe-focused funds based overseas. — Bloomberg TAIPEI: Taiwanese investors are reassessing their long-held preference for US-dollar assets, shifting their bets to Europe in the latest move by global investors away from the greenback. Taiwanese funds holding European assets have seen an influx of investments recently, pushing their combined value to 13.7 billion New Taiwan dollars (US$463mil) as of the end of June, the highest since 2019, according to data compiled by Bloomberg. Over the first half of 2025, Taiwanese investors have also poured 14.1 billion New Taiwan dollars into Europe-focused funds based overseas, according to data from the Securities Investment Trust and Consulting Association (Sitca). At the same time, Taiwan-based funds focusing on the United States saw their combined value fall by 538 billion New Taiwan dollars over the first half of 2025, the largest six-month decline since Bloomberg started compiling the data in 2003. Taiwanese assets in US-focused overseas funds declined by 121.6 billion New Taiwan dollars, the biggest contraction since Sitca records began in 2006. — Bloomberg Trading ideas: FGV, Paramount ,Zetrix, United Malacaa, Jati Tinggit, Focus Point, Camaroe, Bursa, IGBREIT, Chin Teck, Dufu, DXN, Tasco
Korea Herald
17-07-2025
- Business
- Korea Herald
CNN's 'Next Stop' - Will Ripley visits Taiwan to uncover the island's way of embracing health and wellness
HONG KONG, July 17, 2025 /PRNewswire/ -- Though small, Taiwan is home to diverse natural landscapes – from lush mountain forests to alpine lakes and tropical beaches – ideal for rejuvenation and relaxation. In this episode of CNN's Next Stop, Senior International Correspondent Will Ripley uncovers the different aspects of the island that make it a prime destination for health and wellness. A testament to its resiliency, despite a decline in tourist numbers in recent years, Taiwan is steadily emerging as a destination for wellness experiences that nurture both mind and body, driven by the efforts of individuals, initiatives, and businesses committed to showcasing the island's unique beauty. For more than a decade, Taiwan has invested hundreds of millions of New Taiwan dollars in its cycling infrastructure – including a route that stretches nearly 1,000 kilometers around the entire island. The popularity of Taiwan's cycling scene is said to originate from its homegrown brand, Giant – the world's largest bicycle manufacturer. But beyond manufacturing, the brand is also capitalizing on cycling tourism, offering dozens of different cycling tours across the island. CNN visits the picturesque Sun Moon Lake with Amos Lin, Giant's senior product marketing planner, to understand more about the rise of cycling tourism in Taiwan. For the tastebuds, Taiwan is known around the world for bubble tea – the popular, trendy beverage of tea paired with milk and tapioca pearls. However, Taiwan's history of growing, producing and exporting tea goes back more than 150 years. Lionel Lin, a third-generation farmer who runs " Teascent Valley" that grows, produces, and distributes its own brand of tea, explains how Taiwan is renowned for its oolong tea, with the Alishan high mountain variant one of the most famous. In a bid to gain access to international markets, Lionel is leveraging social media to share this staple of traditional Taiwanese culture with people across the globe. And with Taiwan emerging as a destination for health and wellness tourism, one firm is seeking to offer these experiences with greater convenience. KKday, a Taiwanese travel e-commerce company that connects people with experiences across the world, allows customers to book dining, accommodations, special tours and more, directly from their website or app. Looking to the future, co-founder and COO, Weichun Liu, emphasizes the need to invest in advanced technology to remain relevant amidst growing competition in the industry. Airtimes for 30-minute special: Saturday, 19 th July at 12:30pm HKT Sunday, 20 th July at 6pm HKT Monday, 21 st July at 1:30am HKT About CNN International CNN's portfolio of news and information services is available in seven different languages across all major TV, digital and mobile platforms, reaching more than 379 million households around the globe. CNN International is the number one international TV news channel according to all major media surveys across Europe, the Middle East and Africa, the Asia Pacific region, and Latin America and has a US presence that includes CNNgo. CNN Digital is a leading network for online news, mobile news and social media. CNN is at the forefront of digital innovation and continues to invest heavily in expanding its digital global footprint, with a suite of award-winning digital properties and a range of strategic content partnerships, commercialised through a strong data-driven understanding of audience behaviours. CNN has won multiple prestigious awards around the world for its journalism. Around 1,000 hours of long-form series, documentaries and specials are produced every year by CNNI's non-news programming division. CNN has 36 editorial offices and more than 1,100 affiliates worldwide through CNN Newsource. CNN International is a Warner Bros. Discovery company.
Korea Herald
28-06-2025
- Business
- Korea Herald
From stickers to safety checks: Line Taiwan's rise as digital super-app
Used by 94% of Taiwan's population, Line evolves from messaging app to vital platform for payments, news, public safety What is a social network to do when it becomes the biggest game in town? In Taiwan, the most popular app is Line, the online service that started as a chat app and has expanded into lifestyle, fintech, content, gaming and e-commerce. After launching in Japan in 2011, Line Taiwan was established in 2013, and today serves 94 percent of Taiwan's population with 22 million monthly active users -- the best penetration rate among all the markets in which Line operates. On average, Taiwanese users spend about an hour a day on the app, generating 100 million calls and 1 billion messages every day. But with that success comes responsibility -- the need to ensure people's data is safe and secure and their information sources are trustworthy. The challenges those tasks entail are well known these days, but it is a test that Line has welcomed, recognizing it is a necessary part of being a market leader. At the heart of Line Taiwan's success has been its ability to localize. Beginning with expressive stickers and a convenient messaging platform, Line gradually built a multi-service ecosystem tailored to the interests and needs of Taiwanese users. This includes content platform Line Today, payment solutions Line Pay and Line Bank, and e-commerce offerings like Line Giftshop. One of Line's most successful service lines has been Line Creators Market, which launched in 2014 and soon became a significant contributor to Taiwan's character merchandising industry. With over 1 million registered creators and approximately 10 million original stickers for sale, the service has helped transform personal creativity into real business opportunities. In fact, last year, the top 10 artists at Line Creators Market in Taiwan averaged 311 million New Taiwan dollars ($10.5 million) in sales each, showing how rewarding a hit character can be. 'I had no drawing experience when I started,' said an anonymous Taiwanese sticker creator. 'Now my stickers are being used by others -- and it's become both a hobby and a source of income.' Beyond their use in messaging, Line Stickers have expanded their influence by collaborating with creators and local communities. In 2022, they partnered with creators in Kaohsiung City to support the Creative Expo Taiwan -- a notable event highlighting the country's creative industries. The expo featured popular characters such as "Thenothingseal" and "Machiko Rabbit" floating along a canal that flows through the city, earning Line Taiwan a major communications award for its 'experiential' creativity. Line has also become a popular presence in digital commerce. Line Giftshop has about 5 million unique buyers, with nearly 1.5 million users having gifted more than twice in a single month and the repurchase frequency increasing by 5.5 percent annually. Line shopping attracts 12 million visitors, collaborating with roughly 1,000 global brands, including Apple, Coach and Samsung. Meanwhile, Line Travel has partnered with leading players like Booking Holdings, Expedia Group and Group, further cementing its role in Taiwan's e-commerce space. Line Today is a comprehensive content platform that delivers real-time news and lifestyle information across 20 categories, including entertainment, sports, food and horoscopes. In collaboration with about 600 media partners, it offers a wide range of news and original programs, covering topics such as finance, culture and variety shows featuring local celebrities. Beyond news delivery, Line Today also enhances user engagement with interactive features, curating trending information on popular places to eat and drink, as well as offering movie show times, rating content and restaurant booking. Fintech is also a key pillar of Line Taiwan's ecosystem. With an estimated 13.1 million users -- more than half of Taiwan's population -- Line Pay is Taiwan's No. 1 mobile payment platform, accepted at over 610,000 locations nationwide, including restaurants, shopping malls, public transportation and even temples. Last year, its total transaction volume reached NT$756 billion, nearly double the volume of 2021, and one in three credit cards in circulation is now linked to the platform. Additionally, Line Pay became the first global Line affiliate to go public, successfully listing on the Taiwan Stock Exchange. Line Pay is also expanding its international footprint. Taiwanese users can pay at close to 45,000 locations in Korea, including major brands like Shilla Duty Free and CU convenience stores. Meanwhile, partnerships with Shinhan Card and Hyundai Card allow Korean tourists to use their domestic apps for Line Pay payments in Taiwan. This cross-border ecosystem enhances travel convenience while creating new opportunities for merchants on both sides. 'Leaving the house without a wallet used to be unthinkable,' said a local user. 'Now, I can pay with Line Pay just about anywhere.' As of December last year, Line Bank Taiwan had reached 2.01 million digital deposit accounts, securing the No. 1 position among internet-only banks in Taiwan. Offering 24/7 access to financial services without the limitations of traditional banks, it was recognized as one of the Global Top 100 Digital Banks by The Asian Banker from 2022 to 2024. Although Line has become the leading digital platform in Taiwan, with that success has come many risks inherent in today's online culture. Fighting back against misinformation, abusive and criminal behavior and other problems is a constant challenge, but Line has been proactive in protecting its users. To build trust, Line Taiwan launched Line Fact Checker in 2019, taking aim at fighting the endemic problem of disinformation and misinformation. By collaborating with public and private sector partners, using automated systems to handle suspicious accounts and holding a wide range of awareness campaigns to combat fraud, Line has worked to support safer digital communication. Financial fraud is another prevalent issue on the internet in Taiwan, as it is globally. In response, Line Taiwan has strengthened its measures to prevent such misconduct, implementing strict advertisement screening and real-name verification processes, alongside collaboration with government agencies. Line works with the Ministry of Digital Affairs to remove accounts impersonating public figures and with the Criminal Investigation Bureau to suspend accounts involved in scams based on official reports. Since 2023, these efforts have led to the suspension of approximately 10,000 scam-related accounts. In addition to cracking down on misconduct and fraud, Line has engaged in annual cybersecurity education campaigns since 2016, promoting digital literacy and fostering a safer online environment for its users. Huang Yi-Feng, chief legal officer at Taipei Computer Association, noted how Line's prominent position in Taiwan carries a significant responsibility in combating online abuse. 'Through close collaboration, Line has taken a proactive role in uniting government, industry and civil society -- automating the management of suspicious accounts, partnering with the Taiwan Internet Sexual Exploitation Prevention Center and promoting media literacy,' he said. 'We look forward to seeing Line Taiwan's continued efforts and strengthened public-private cooperation to create a safer and more trustworthy digital environment.' Line Official Account has also become used by the public and private sectors to deliver alerts and announcements, including government-issued emergency notifications such as earthquake warnings. As Taiwan experiences frequent natural disasters, Line has developed the Line Safety Check feature, enabling users to receive real-time alerts, report their safety status, and check on the well-being of others during emergencies. With a wide range of services -- from messaging and fintech to content and creative platforms -- Line Taiwan has become deeply embedded into people's daily lives. But that key importance has led the company to implement a wide range of measures to build trust and keep its users safe. The nature of the digital era is changing and challenging, but for users in Taiwan, an island known for its tech-savvy population and passionate digital communities, Line Taiwan will continue to be an essential part of everyday life.
Time of India
23-06-2025
- Business
- Time of India
Orders soar for Taiwan cleanroom firms amid global chip industry expansion
Taiwanese cleanroom companies are receiving a wave of new orders as major global chipmakers expand production around the world, especially in the United States and Southeast Asia. United Integrated Services Co. (UIS), a longtime supplier to Taiwan Semiconductor Manufacturing Co. ( TSMC ), is one of the main winners in this trend. From January to May 2025, UIS secured NTD (New Taiwan dollar) 83.68 billion ($2.57 billion) in cleanroom-related contracts -- a new record for the company. Much of this growth is tied to TSMC's massive investment of $65 billion in three chip factories, known as "fabs," in Arizona. The first fab has already started mass production, and the second is nearly finished. With a total order backlog of NTD 132.27 billion ($4.45 billion), UIS is expected to receive even more orders later in 2025. Experts predict the company will have its highest-ever sales in 2025. L&K Engineering Co., another major cleanroom provider, is also seeing strong demand. It reported NTD 95.76 billion (USD 3.23 billion) in new orders in the first five months of the year, largely from Taiwanese firms building new fabs in Southeast Asia. L&K now has a total backlog of NTD 208.49 billion ($7.02 billion). Some of this comes from projects with United Microelectronics Corp. (UMC), which recently opened a new fab in Singapore. Production there will start in 2026. L&K is also working with Vanguard International Semiconductor Corp., which is building a 12-inch fab in Singapore with Dutch company NXP Semiconductors. That plant will start production in 2027. Other Taiwanese firms like Acter Group Corp. and Yankey Engineering Co. are also doing well. Acter now holds over NTD 46 billion ($1.55 billion) in orders, up from NTD 38 billion ($1.28 billion) at the end of 2024, helped by business from chip packaging company Siliconware Precision Industries Co. Yankey Engineering has NTD 40.67 billion ($1.37 billion) in orders, supported in part by Dutch equipment maker ASML's expansion in Taiwan. Cleanrooms are a critical part of chipmaking. They remove dust and other particles that could damage delicate components during production. As chip companies grow worldwide, demand for these high-tech spaces is rising -- and Taiwanese firms are leading the way.
India Gazette
23-06-2025
- Business
- India Gazette
Orders soar for Taiwan cleanroom firms amid global chip industry expansion
New Delhi [India], June 23 (ANI): Taiwanese cleanroom companies are receiving a wave of new orders as major global chipmakers expand production around the world, especially in the United States and Southeast Asia. United Integrated Services Co. (UIS), a longtime supplier to Taiwan Semiconductor Manufacturing Co. (TSMC), is one of the main winners in this trend. From January to May 2025, UIS secured NTD (New Taiwan dollar) 83.68 billion (USD 2.57 billion) in cleanroom-related contracts -- a new record for the company. Much of this growth is tied to TSMC's massive investment of USD 65 billion in three chip factories, known as 'fabs,' in Arizona. The first fab has already started mass production, and the second is nearly finished. With a total order backlog of NTD 132.27 billion (USD 4.45 billion), UIS is expected to receive even more orders later in 2025. Experts predict the company will have its highest-ever sales in 2025. L&K Engineering Co., another major cleanroom provider, is also seeing strong demand. It reported NTD 95.76 billion (USD 3.23 billion) in new orders in the first five months of the year, largely from Taiwanese firms building new fabs in Southeast Asia. L&K now has a total backlog of NTD 208.49 billion (USD 7.02 billion). Some of this comes from projects with United Microelectronics Corp. (UMC), which recently opened a new fab in Singapore. Production there will start in 2026. L&K is also working with Vanguard International Semiconductor Corp., which is building a 12-inch fab in Singapore with Dutch company NXP Semiconductors. That plant will start production in 2027. Other Taiwanese firms like Acter Group Corp. and Yankey Engineering Co. are also doing well. Acter now holds over NTD 46 billion (USD 1.55 billion) in orders, up from NTD 38 billion (USD 1.28 billion) at the end of 2024, helped by business from chip packaging company Siliconware Precision Industries Co. Yankey Engineering has NTD 40.67 billion (USD 1.37 billion) in orders, supported in part by Dutch equipment maker ASML's expansion in Taiwan. Cleanrooms are a critical part of chipmaking. They remove dust and other particles that could damage delicate components during production. As chip companies grow worldwide, demand for these high-tech spaces is rising -- and Taiwanese firms are leading the way. (ANI)
