AGP Executive Report
Last update: 37 minutes agoChip Industry: TSMC posted a record third-quarter profit of NT$763 billion, up 69% year on year, and forecast fourth-quarter revenue growth of up to 61%. Its strong results came as Taiwan’s Taiex fell 3.4% in a wider tech sell-off. Technology Ties: Taiwan and Poland will cooperate on gallium nitride chips, including joint research and technology transfer for applications such as electric vehicles. Farm Exports: Taiwanese pineapples could reach US stores next year after clearing regulatory hurdles; final US approval is still pending. Cross-Strait Security: Taiwan’s defense ministry says it is monitoring for large-scale PLA drills as the military’s peak exercise season approaches in November and December. Energy Deal: Taiwan says it plans to invest up to US$4.4 billion in Alaska LNG and buy six million tonnes of gas a year, but investment terms remain subject to negotiations. Labor Relations: President Lai urged Micron and its Taiwan workers to negotiate in good faith as the union prepares for a possible strike over bonuses.
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