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The word from Taipei<Taipei, Sept. 19 (CNA) An Asian brokerage has raised its target price on shares of contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC) to NT$600 (US$20.58), citing strong demand for iPhone production. In a research note, the Asian securities house said that with Apple Inc. poised to unveil its iPhone 12 series that uses TSMC's A14 processor, the chipmaker's earnings will grow in the second half of the year on strong demand. . . . . . . . orders for TSMC's A14 processors are expected to increase to 90 million units from the current estimate of between 75 million and 80 million.> Gearing up for the holidays? https://focustaiwan.tw/business/202009190016 * * * ALSO, nuts and cherries on the TSMC sundae <Taiwan, U.S. to start talks soon on economic issues: Minister Wang 09/20/2020 09:29 PM Taipei, Sept. 20 (CNA) Taiwan and the United States will begin new economic dialogue at a senior level "as soon as possible," Minister of Economic Affairs Wang Mei-hua (王美花) said Sunday. Wang made the statement during a press conference, in which she disclosed details of a closed-door economic meeting she had with American Under Secretary of State Keith Krach during his visit last week. . . . . Krach met with many government officials during his trip and discussed different levels of economic collaboration between the U.S. and Taiwan, Tsai said. His visit "has made me confident about further economic collaboration between Taiwan and the U.S.," she said.> More good info here https://focustaiwan.tw/politics/202009200015 |
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