A woman buys eggs at a store in Taipei’s Beitou District yesterday. The Ministry of Agriculture said the supply of eggs might fluctuate slightly due to a transitional period between flock adjustments and the gradual introduction of new chickens into production, but overall egg supplies remain sufficient.
This year's Fortune Global 500 ranking listed Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) among its top 100 companies for the first time. TSMC climbed 44 places to 82nd, with revenue of US$122.26 billion, a report published on Tuesday by New York-based Fortune magazine said. TSMC's entry into the top 100 for the first time underscored how surging demand for advanced chips is reshaping the scale and influence of companies in Asia and around the world, the report said. Besides TSMC, Taiwanese electronics manufacturer Wistron Corp (緯創) climbed 298 places to 198th on this year's list — the largest jump among all companies ranked
‘STRONGER DEMAND’ : Company executives said that a lot of new investments are needed, although there are capacity bottlenecks for automation and innovation ASE Technology Holding Co (日月光投控) yesterday increased its capital expenditure for this year to US$10.5 billion, up 23.5 percent from its previous budget of US$8.5 billion, amid robust demand for artificial intelligence (AI) applications. The world’s largest supplier of packaging and testing services plans to allocate about 70 percent of the increased spending to capacity expansion, mainly for leading-edge advanced packaging (LEAP) technology, with LEAP revenue forecast to exceed US$3.5 billion this year, ASE said. “Obviously we are seeing a stronger demand ... from not just customers, but also our foundry partner,” ASE chief financial officer Joseph Tung (董宏思) told an earnings
