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China angered by British warship sailing as Taiwan raises alert level
Economic Times
ยท
1m ago
Medial
China expressed anger over a British warship sailing through the Taiwan Strait, describing it as a deliberate provocation, while Taiwan heightened alert levels in response to Chinese military activities. The UK defended the action as routine and lawful. China views Taiwan as its territory and has increased military drills around the island, causing concern. Taiwan welcomed the UK's support for freedom of navigation, and its president ordered increased monitoring of Chinese military movements.
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Taiwan on alert over 'waves' of missile tests in north China
Money Control
ยท
1y ago
Medial
Taiwan's defense ministry reported that it is closely monitoring multiple "waves" of missile tests occurring in China's Inner Mongolia region. Taiwan, which China considers as its own territory, keeps a watchful eye on Chinese military activities given the regularity of Beijing's actions near the island. The missile tests by China's Rocket Force have prompted Taiwan to keep its air defense forces on alert. China's defense ministry has not yet responded to requests for comment. Taiwan's radar stations, located in its central mountain range, enable surveillance into China.
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British chip parts maker IQE plans to list Taiwan unit
Economic Times
ยท
1y ago
Medial
British chip components maker IQE Plc is planning an IPO for its Taiwan unit on the Taiwan Stock Exchange. The company, known for its 'epi-wafers' used in Apple's iPhones, intends to list IQE Taiwan and sell a minority shareholding through a public offering. IQE aims to retain control of IQE Taiwan and believes the IPO will increase the value of its asset. The two-stage process is expected to begin in the first half of 2025, with Taishin Securities serving as the financial advisor for the IPO.
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Fruit, seafood latest front in escalating Taiwan-China tensions
Money Control
ยท
10m ago
Medial
Taiwan has accused China of violating trade rules with its recent ban on imports of Taiwanese fruit, vegetables, seafood, and other goods. The ban, which goes into effect next week, has escalated tensions between the two, as China claims Taiwan as its own territory. Taiwan's Mainland Affairs Council stated that the ban disregards World Trade Organization rules, and called for dialogue through the WTO to resolve the issue. China's move is seen as targeting rural Taiwanese, who have shown support for pro-independence candidates. Similar trade pressure tactics have been used by China in the past.
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Trump 2.0's China playbook ruffles partners. Outreach to Pakistan, cold-shoulder to Taiwan during China talks raise concerns
Economic Times
ยท
4d ago
Medial
Recent actions in Trump's China policy indicate a potential shift towards a more accommodating stance, potentially reversing previous security decisions. Concerns arise as the Trump administration appears to cold-shoulder Taiwan and warm up to Pakistan, an ally of China. Notably, Nvidia's resumption of selling H20 AI chips to China, previously restricted, raises security fears among former officials. These moves might strain relationships with allies like Taiwan and the Quad, challenging long-term counter-China strategies.
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China urges Taiwan firms to show 'responsibility' as Foxconn probed
Economic Times
ยท
1y ago
Medial
Chinese authorities are urging Taiwan-based companies to "show responsibility" as Foxconn, one of the largest electronics manufacturers in the world, faces investigations. This comes as tensions between China and Taiwan continue to rise. Foxconn is under scrutiny for allegedly violating several regulations, including the use of certain software in its operations. The Chinese government is aiming to bring greater scrutiny and control over Taiwanese companies operating in China.
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Taiwan considers chip ban after South Africa capitulates to Chinese pressure - The Economic Times
Economic Times
ยท
9d ago
Medial
Taiwan is contemplating restricting semiconductor exports to South Africa after the latter downgraded Taiwanโs diplomatic offices without prior consultation, seemingly bowing to Chinese pressure. Taiwan's Ministry of Foreign Affairs condemned the move as a violation of a 1997 agreement. Although Taiwan is not a major supplier to South Africa, the potential export restrictions aim to signal displeasure with foreign policy shifts dictated by China. Taiwan urges South Africa to negotiate, maintaining current operations in the country.
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China issues bounty for hackers it says are linked to Taiwan
Economic Times
ยท
2m ago
Medial
The Chinese city of Guangzhou has issued bounties for over 20 alleged hackers, accused of cyberattacks linked to Taiwan's government. Chinese authorities claim these hackers targeted sectors like military, aerospace, and technology in China and its regions. Accusations suggest cooperation between Taiwan and US agencies to undermine China. In response, Taiwan dismissed these claims as false, asserting China's attempt to deflect attention from scrutiny over its alleged hacking activities in Europe.
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The hottest new celebrity isโฆa chip CEO
Livemint
ยท
1y ago
Medial
Nvidia CEO Jensen Huang received a warm reception during his visit to Taiwan, where he is regarded as a homegrown hero. The Taiwanese public and media closely followed his every move as the country plays a crucial role in Nvidia's success, producing many of its semiconductors and hosting several Nvidia customers. Huang's comments referring to Taiwan as a country caused backlash in China, where access to Nvidia chips has been limited due to export restrictions. Despite this, Huang's affinity for Taiwan has been embraced by locals, and he has become a symbol of the island's national success.
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India and Taiwan were leading buyers of Russian naphtha in June, LSEG data shows
Economic Times
ยท
10d ago
Medial
In June, India and Taiwan emerged as the leading buyers of Russian seaborne naphtha, driven by lower costs and domestic demand. India's naphtha imports from Russia totaled 250,000 metric tons, slightly down from May, primarily arriving at western ports like Mundra and Sikka. Taiwan doubled its imports to 234,000 tons. Russian supplies found buyers in Singapore, Malaysia, Turkey, and China as well, with Russian oil products navigating via Southern Africa to bypass potential regional threats.
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Cisco to establish cybersecurity centre in Taiwan
Economic Times
ยท
1y ago
Medial
U.S. networking equipment manufacturer Cisco has announced plans to establish a cybersecurity center in Taiwan as part of its Taiwan Digital Acceleration Plan 3.0. The company also intends to work with the Taiwanese government to tackle the global talent shortage in the cybersecurity sector. Taiwan has been the target of cyberattacks from China, which Beijing denies. Cisco aims to partner with tech associations to enhance threat intelligence and cyber readiness in Taiwan. Details of the investment involved were not disclosed. The company also intends to invest in artificial intelligence initiatives in transportation and sustainability.
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