Jane Lanhee Lee Bloomberg

Taiwan Semiconductor Manufacturing Co. (TSMC) posted a better-than-expected 39 percent rise in quarterly revenue. Hsinchu-based TSMC is one of the key companies at the heart of a global surge in spending on AI development.

Hon Hai Precision Industry warned of its fourth consecutive decline in quarterly sales after a 5.4 percent slide in the last three months of 2023 suggested consumer electronics demand remains muted.

IPhone maker Hon Hai Precision Industry Co. plans to expand its footprint in India with another NT$50 billion ($1.6 billion) investment for construction projects.

Taiwan Semiconductor Manufacturing Co. (TSMC) posted a better-than-expected 39 percent rise in quarterly revenue. Hsinchu-based TSMC is one of the key companies at the heart of a global surge in spending on AI development.

Hon Hai Precision Industry warned of its fourth consecutive decline in quarterly sales after a 5.4 percent slide in the last three months of 2023 suggested consumer electronics demand remains muted.

IPhone maker Hon Hai Precision Industry Co. plans to expand its footprint in India with another NT$50 billion ($1.6 billion) investment for construction projects.