Page 38 - Taiwan

US, India, Taiwan unite to strengthen cybersecurity against China threat

Three countries share a common interest in warding off cyber attacks from various agencies PLA is developing and training in China

Adani Group contractor probed by govt resurfaces under a new name

The contracting firm - Howe Engineering Projects (India) Pvt Ltd. - contains the core operations of a business called PMC Projects Pvt Ltd. that India's government alleged in 2014 was being used

Taiwan intelligence says China leadership discussed election interference

Beijing has repeatedly called the DPP dangerous separatists and urged Taiwanese to make the "right choice". The DPP's presidential candidate, Lai Ching-te, is leading in the polls

Chinese military spy balloon spotted in Taiwan Strait: Island's def min

Taiwan's Defence Ministry says a Chinese military surveillance balloon was spotted in the Taiwan Strait, as well as a large-scale dispatch of military aircraft and ships. The ministry said the balloon passed southwest of the northern port city of Keelung on Thursday night, then continued east before disappearing, possibly into the Pacific Ocean. Taiwan has threatened to shoot down such balloons, but the ministry did not say what, if any, action was taken. It said the balloon was monitored flying at an altitude of approximately 6,400 meters (21,000 feet). It also said 26 Chinese military aircraft were detected, along with 10 Chinese navy ships, in the 24 hours before 6 am Friday. Of the aircraft, 15 had crossed the median line that is an unofficial divider between the sides, but which Beijing refuses to recognize. Some also entered Taiwan's air defense identification zone outside the island's airspace. Taiwan's military monitored the situation with combat aircraft, navy vessels and

AI chip boom fuels Taiwan firm's 40% rally, beating Qualcomm, peers

The buzz surrounding MediaTek casts a spotlight on growing competition between semiconductor firms that are exploiting the use of AI to grab a larger share of the smartphone business

Foxconn's billionaire founder Gou to drop out of Taiwan presidential race

The decision brings to an end Gou's years-long pursuit of Taiwan's most-powerful job - at least for now

Innova Solutions shifts focus to India, to expand operations in 2024

Global IT firm Innova Solutions has shifted its focus back to India and will look to expand operations and rope in talent from the country next year, a senior executive of the company said. Pradeep Yadlapati, Senior Vice President, India Head & APAC Special Business Unit Head, Innova Solutions, said the company operates in various segments, including health, BFSI, communications, and media. "This year, we shifted our focus to India. Large corporates are looking at India for skills and technology, not just cost capital. India is emerging as a growth market for technology and talent," Yadlapati told PTI. Yadlapati said India continues to play an important role in the region in terms of technology and talent, and the momentum will spill over to 2024. "This year, we were able to consolidate all our brands," he said. "We run our IT infrastructure applications in the laboratories, which are managed by vertical heads in India," he added. Headquartered in Georgia, US, Innova Solutions ..

Xi calls for economic exchanges with Taiwan before meeting with Biden

Xi urged more efforts "to facilitate economic exchanges and cooperation and advance integrated development in all fields across the strait," the official Xinhua News Agency reported

China's probe into Foxconn aims to disrupt election in Taiwan: Official

Foxconn is one of the world's largest contract producers of electronics as well as being a key supplier for Apple's iPhones

US-China ties can easily veer towards conflict if not well managed: NSA

The United States-China could easily veer towards a conflict if it is not well managed, US National Security Advisor Jake Sullivan has said ahead of the much-anticipated meeting between US President Joe Biden and his Chinese counterpart Xi Jinping. Biden and Xi are scheduled to meet in San Francisco on Wednesday on the sidelines of the APEC Leadership meeting. The White House is calling it a summit. Sullivan on Monday said the US president has the opportunity to engage, so do the rest of his team, on how they effectively manage peace and stability across the Taiwan Strait. "Those are some of the issues that, through intense diplomacy, we have been able to manage," he said. "Then will look for opportunities to actually generate affirmative outcomes that deliver tangible progress for the American people in areas where our interests overlap. I mentioned, for example, the issue of fentanyl. "We're hoping to see some progress on that issue this coming week, and that could then open the

China's largest chipmaker SMIC's Q3 net down 80%; says market stabilising

Their results echoed others such as Taiwan's TSMC and Germany's Siltronic, who have faced similar earnings pressure from a slowdown in the semico­nductor industry

Biden, Xi to meet on Nov 15 for talks on talks on trade, Taiwan: Report

President Joe Biden and Chinese President Xi Jinping will meet Wednesday in California for talks on trade, Taiwan and managing fraught US-Chinese relations in the first engagement between the leaders of the world's two biggest economies in nearly a year, Biden administration officials said. The White House has said for weeks that it anticipated Biden and Xi would meet on the sidelines of the Asia-Pacific Economic Cooperation summit in San Francisco, but negotiations went down to the eve of the gathering, which kicks off Saturday. The officials, who briefed reporters on the condition of anonymity under ground rules set by the White House, said Friday that the leaders would meet in the San Francisco Bay area but declined to offer further details because of security concerns. Thousands of protesters are expected to descend on San Francisco during the summit. The meeting is not expected to lead to many, if any, major announcements, and differences between the two powers certainly won't

India planning labour supply pact with Taiwan while China tensions brew

Taiwan could hire as many as 100,000 Indians to work at factories, farms and hospitals, the officials said, asking not to be identified as the discussions are private

Minda inks pact to form JV with Taiwan firm to produce sunroof for PVs

Auto components maker Minda Corporation on Thursday said it has inked a pact to form a joint venture with Taiwan-based HSIN Chong Machinery Works to produce sunroofs for passenger vehicles. The joint venture will offer a full system solution ranging from design, and development to manufacturing of sunroof for passenger vehicles, the company said in a statement. With changing consumer preferences for premiumisation, the market for sunroof in India is expected to reach USD 500-600 million by 2030, it added. "With the changing consumer preferences and increasing demand for premium features, the market for Sunroof and other advanced vehicle access products is expected to grow multi-fold in the years to come. "Our continuous focus to bring new and advanced technology products will lead the next phase of our growth," Minda Corporation Executive Director Aakash Minda said. The collaboration will help the company stay at the forefront by offering localised solutions, he added. Commenting

Taiwan probes alleged election graft linked to Foxconn's founder Gou

The Central Election Commission will announce by Nov. 14 whether Gou has enough signatures

China keeps up military pressure on Taiwan, sends 43 planes and 7 ships

Taiwan said on Wednesday that China sent 43 military aircraft and seven ships near the self-ruled island, the latest sign that Beijing plans no let-up in its campaign of harassment, threats and intimidation. Taiwan's Defence Ministry said the figure was current for the 24 hours up to 6:00 a.m. on Wednesday and that 37 of the aircraft had crossed the median line in the Taiwan Strait, which China no longer recognises as an informal divider between the sides. It said Taiwan had monitored the situation, scrambled jet fighters, dispatched ships and activated land-based missile systems, all standard responses to Chinese military activities, which include crossing into Taiwan's air defense identification zone but not into its actual airspace. Such Chinese maneuvers have become frequent and aggressive since then-US House Speaker Nancy Pelosi visited Taiwan in August 2022. China suspended military communication with the US to show its displeasure over her trip to Taiwan, which Beijing ...

Foxconn's Terry Gou continues presidential bid for Taiwan amid China woes

At a religious event on Sunday in Taipei, Gou repeated his stance that the Taiwanese people don't want war with China. But there, too, he didn't address Foxconn's China woes

Investing in India: View from Taipei

There is opportunity but competition is stiff and India needs to liberalise trade policy

Foxconn faces tax audit and land use probe, says Chinese state media

China's natural resources department also conducted on-site investigations on the land use of Foxconn enterprises in Henan and Hubei provinces

Taiwan watching Hamas-Israel war for lessons as it faces intimidation

Taiwan is closely watching the war in the Middle East sparked by the unprecedented attack on Israel by Hamas militants from Gaza for lessons amid what the self-governing island says is a campaign of intimidation and threats by China. Hamas staged a stunning and massive incursion into Israel last weekend, killing hundreds in Israel and dragging dozens into Gaza as hostages. In retaliation, Israel's increasingly destructive airstrikes in Gaza have flattened entire city blocks. The latest conflict, which has claimed at least 2,400 lives on both sides, is expected to escalate. Taiwanese Defence Minister Chiu Kuo-cheng said on Thursday that the Hamas-Israel war "blew up so suddenly, prompting Taiwan to up its ability to forecast possible threats. We've established a working group to study and ... reinforce the importance of collecting intelligence, he said ahead of a meeting of the legislature. China, which claims Taiwan as part of its territory, has conducted increasingly large milita