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The Latest Breaking News on Asian tech

Taiwan chipmaker TSMC says quarterly profit up 78%

Taiwan Semiconductor Manufacturing Co., the biggest contract manufacturer of processor chips for smartphones and other products, says its quarterly profit rose 78% over a year earlier but forecast weak demand this year

The Independent UK

Biden, Japan's Kishida expected to discuss security, global economy-U.S. official

U.S. President Joe Biden and Japan's Prime Minister Fumio Kishida are expected to discuss joint security issues as well as the global economy in summit talks on Friday, a senior administration official told Reuters.

Reuters

Frasers allots B5bn for industrial sector

Frasers Property Industrial Thailand (FPIT) plans to spend 5 billion baht this year to expand industrial spaces in Thailand, Vietnam and Indonesia by 250,000 square metres.

Bangkok Post

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4 Semiconductor Stocks to Buy Hand Over Fist for 2023

Despite being marred by the macroeconomic headwinds and regulatory actions last year, the semiconductor industry’s growth prospect looks promising with significant government support. Hence, quality semiconductor stocks Taiwan Semiconductor (TSM), Broadcom (AVGO), STMicroelectronics (STM), and Photronics (PLAB) might be solid buys for 2023. Read on….

StockNews.com

North America vows to strengthen economic ties, Mexico energy row rumbles on

The United States, Mexico and Canada on Tuesday vowed to tighten economic ties, producing more goods regionally and boosting semiconductor output, even as integration is hampered by an ongoing dispute over Mexico's nationalist energy policies.

Reuters

Rishi Sunak restarts talks on London listing for UK tech firm Arm

Japanese investor SoftBank thought to favour New York for computer chip designer’s IPO

The Guardian - UK

Samsung’s Quarterly Profit Plunges to 8-Year Low on Demand Slump

Samsung Electronics Co Ltd flagged on Friday its quarterly profit tumbled by two-thirds to an eight-year low as a weakening global economy hammered memory chip prices and curbed demand for electronic devices. The dismal profit estimate by the world's largest memory chip, smartphone and TV maker - a bellwether for…

Asharq Al-Awsat

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US waged war on China’s chips; S Korea, Taiwan felt the fallout

Washington’s bid for self-sufficiency in semiconductors is complicating relations with its tech-savvy partners in Asia.

Al Jazeera

IDC forecasts PC market expansion in H1

Thailand's PC market is expected to receive a boost from the "Shop Dee Mee Khuen" tax rebate scheme, a brighter economic outlook and a stronger baht in the first half of this year, says tech market research firm IDC Thailand.

Bangkok Post

Delta becomes country's biggest listed firm

Delta Electronics (Thailand) Plc has become the largest listed company on the Stock Exchange of Thailand on optimism about demand for its server, cloud-storage and EV-charging products.

Bangkok Post

Better Buy in 2023: AMD or TSM?

Experts are optimistic about a market rebound in the near term. Moreover, as the semiconductor industry’s long-term prospects look bright, quality stocks Advanced Micro Devices (AMD) and Taiwan Semiconductor Manufacturing (TSM) witness stable growth. But which is the better buy in 2023? Let’s find out….

StockNews.com

CES bets on post-pandemic bounce

Tech's mega-trade show in Las Vegas is aiming to recover some of its pre-pandemic glory.

Axios

May I interest you in wafer thin?

Tech heavyweight Taiwan Semiconductor Manufacturing Company said yesterday it started mass production of its 3-nanometre chips, among the most advanced to come to market. TSMC operates the world's largest silicon wafer factories and produces high-performance chips used in everything from smartphones and cars to missiles.

Bangkok Post

Chip Inventories Swell as Consumers Buy Fewer Gadgets

The world is now awash in chips. The oversupply marks a sharp turnaround from a global shortage during two years of supercharged demand. Consumer appetite for electronics has weakened against a backdrop of rising interest rates, a falling stock market and recession fears.

Bangkok Post

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StockNews.com

AMD, NVDA and 1 Other Semiconductor Stock to Sell Before 2023

The semiconductor industry has been under pressure due to concerns over shrinking demand and increased government restrictions. Amid this backdrop, fundamentally weak semiconductor stocks NVIDIA Corporation (NVDA), Advanced Micro Devices, Inc. (AMD), and Wolfspeed, Inc. (WOLF) could be best sold off. Read more….

StockNews.com

3 Chip Stocks That Should Be on Your Radar Today

With the Biden administration ramping up investment in the semiconductor industry, it is well-positioned to grow. Given the industry’s long-term growth prospects, it could be wise to buy fundamentally strong chip stocks Taiwan Semiconductor Manufacturing Company (TSM), Broadcom (AVGO), and Xperi (XPER).

StockNews.com

2 Chip Stocks to Buy Before 2022 Ends and 1 to Sell

The semiconductor industry is poised for rapid growth in the foreseeable future, thanks to increasing chip usage across various sectors and growing corporate and government investments to ramp up production. Hence, adding fundamentally strong chip stocks Taiwan Semiconductor (TSM) and MaxLinear (MXL) to your portfolio this month could be wise.…

Bangkok Post

BTS fandom tech firm Weverse reaches beyond K-Pop

SEOUL: When Jin became the first member of the K-Pop supergroup BTS to enlist for South Korea's mandatory military service this month, he had a special message to fans on Weverse, a fan platform app that commands more than 8 million active users.

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Bangkok Post

Warrix outlines B1bn expansion drive after IPO

Sportswear manufacturer Warrix Sport Plc aims to use more than 1 billion baht from its initial public offering (IPO) to expand the company's sport, health and lifestyle brand in Thailand and overseas.

Bangkok Post

True Digital Park unveils immersive art show in three phases

True Digital Park reveals four artworks at the Gate Immersive Theatre exhibition, being held on the first floor at True Digital Park West until March 15.

Bangkok Post

Thai firms focus on new businesses

Thailand is following an emerging trend seen across Southeast Asia where companies prioritise the building of new businesses, with strong interest in those relating to sustainability, according to a recent study.

Salon

Can floating cities save us?

A brief history of floating city experiments, and what makes the United Nations-backed ‘Oceanix’ different

Bangkok Post

Digital city planned for EEC next year

Construction of a 5-billion-baht Silicon Tech Park, expected to be a model for Thai digital cities, is set to start next year in the Eastern Economic Corridor (EEC) through a public-private partnership.

Bangkok Post

BJC targets 30,000 stores for Donjai

Berli Jucker, the SET-listed consumer goods maker and owner of Big C Supercenter, looks set to convert 30,000 mom-and-pop shops across the country to the Donjai model over five years as part of BJC's new retail partnership scheme.

StockNews.com

3 Stocks It's Time to Pull the Trigger on if You Haven't Already

In an increasing interest rate environment, fundamentally strong stocks Taiwan Semiconductor Manufacturing (TSM), Mastercraft Boat Holdings (MCFT), and Mistras (MG) look set to generate stellar long-term returns. Continue reading….

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