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☆ Taiwan president resigns as party leader after election loss
▼ + stars: | 2022-11-26 | by ( The Associated Press | ) www.nbcnews.com time to read: +5 min

TAIPEI, Taiwan — Taiwan President Tsai Ing-wen resigned as head of the ruling Democratic Progressive Party following local election losses on Saturday suffered by her party. Tsai had spoken out many times about “opposing China and defending Taiwan” in the course of campaigning for her party. “Faced with a result like this, there are many areas that we must deeply review.”Taiwan's President Tsai Ing-wen casts her ballot at a polling station in New Taipei City, Taiwan on Nov. 26, 2022. They’ve raised a local election to this international level, and Taiwan’s survival,” said Yeh-lih Wang, a political science professor at National Taiwan University. At an elementary school in New Taipei City, the city that surrounds Taipei, voters young and old came early despite the rain.

☆ China panda experts visit Taiwan in rare point of contact
▼ + stars: | 2022-11-02 | by ( The Associated Press | ) www.nbcnews.com time to read: +2 min

TAIPEI, Taiwan — Taiwan has welcomed a pair of experts from China to help with an ailing panda in a rare opportunity for contact between the sides. The two experts arrived Tuesday after Taipei Zoo’s Tuan Tuan, suspected to have a malignant brain tumor, took a turn for the worse. The giant panda and his mate, Yuan Yuan, were gifted to the zoo in 2008 during a time of warming relations between China and Taiwan, which split amid civil war in 1949. Chinese panda experts checking on Tuan Tuan at the zoo in Taipei on Wednesday. AFP - Getty ImagesAn MRI on Tuan Tuan showed that lesions on his brain had grown in a sign the disease was “progressing rapidly,” the zoo said in a news release.

☆ The fate of the world economy may depend on what happens to a company most Americans have never heard of
▼ + stars: | 2022-10-22 | by ( Avery Hartmans | Jacob Zinkula | ) www.businessinsider.com time to read: +13 min

The fate of the global economy may rest on the shoulders of one company: TSMC. That's because there could be trillions of dollars' worth of economic activity tied to that one company: Taiwan Semiconductor Manufacturing Company, the world's biggest chipmaker. Ann Wang/ReutersThe semiconductor industry has its roots in the US, as much of the research and development is done on US soil. According to a 2021 report from the Semiconductor Industry Association, in 1990 the US produced 37% of the world's chip supply. These days, the US is responsible for only 12% of global chip production.

☆ TSMC Trims Capital Spending Forecast Amid Chip Headwinds
▼ + stars: | 2022-10-13 | by ( Yang Jie | Kosaku Narioka | ) www.wsj.com time to read: 1 min

TOKYO— Taiwan Semiconductor Manufacturing Co. cut its capital expenditure forecast by about 10% this year, despite reporting a record quarterly profit surge, responding to headwinds including slowing global chip demand and rising costs. The world’s largest contract chip maker on Thursday posted an 80% increase in net income for the July-to-September quarter, mainly due to strong sales of its cutting-edge chips used in smartphones and other devices.

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