Taiwan’s Foxconn reports 35 percent rise in profit on AI demand

Taiwan’s Foxconn reports 35 percent rise in profit on AI demand

World’s largest contract electronics maker forecasts strong growth in 2026 amid AI boom. Published On 12 Aug 202612 Aug 2026 Taiwan’s tech titan Foxconn has reported a forecast-busting second-quarter net profit, as exploding demand for artificial intelligence servers needed in data centres powers the company’s growth. The world’s largest contract electronics maker said on Wednesday … Read more

China creates Day of Taiwan’s Restoration as part of sovereignty claims over island

China creates Day of Taiwan’s Restoration as part of sovereignty claims over island

BANGKOK (AP) — China said Friday it is creating a new holiday called the Commemoration Day of Taiwan’s Restoration, as part of its claims over the self-ruled island. The standing committee of its rubber-stamp legislature, the National People’s Congress, said the new holiday will mark Oct. 25, the day in 1945 when Taiwan, then a … Read more

Taiwan’s presidential hopeful Ko charged with bribery, misusing donations

Taiwan’s presidential hopeful Ko charged with bribery, misusing donations

Former major of Taipei Ko Wen-je has been indicted over property development and campaign finance scandals. Taiwan’s former presidential candidate Ko Wen-je has been charged for allegedly accepting bribes and misusing political donations. Ko was indicted by prosecutors on Thursday following probes into alleged corruption in the redevelopment of a shopping centre in Taipei during … Read more

Taiwan’s Taroko National Park closed indefinitely following earthquake

Taiwan’s Taroko National Park closed indefinitely following earthquake

Kyodo News/Getty Images Photo taken in Hualien, eastern Taiwan, on April 5, 2024, shows fallen rocks on a road leading to Taroko National Park, following a powerful earthquake on April 3. Taipei CNN  —  The Taroko National Park in eastern Taiwan, a popular destination for domestic and international tourists alike, will close until further notice, … Read more

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