Taiwan

Taiwan
AI

Taiwan's Foxconn reports 35% rise in Q2 profit on AI demand, beats forecasts

Taiwan's Foxconn, opens new tab, the world's largest contract electronics maker, reported ​on Wednesday a 35% rise in second-quarter profit, beating analyst forecasts, on continued strong demand for AI, which ‌it predicted would drive growth this year.
News ID: 762   Publish Date : 2026/08/12

Taiwan

Taiwan's 2027 defence spending to rise 16%, official media reports

Taiwan's cabinet will propose a 16% annual rise in defence ‌spending for 2027 which will for the first time exceed T$1 trillion ($31 billion), the official Central News Agency reported on Sunday, as Taipei bolsters its military.
News ID: 712   Publish Date : 2026/08/09