Taiwan economy minister: Order books for chip firms still very full


FILE PHOTO: Taiwan Economy Minister Wang Mei-hua speaks during an interview with Reuters in Taipei, Taiwan, September 30, 2021. REUTERS/Ann Wang

TAIPEI (Reuters) -Order books for both mature and advanced semiconductor nodes for Taiwanese chip firms are still very full, Economy Minister Wang Mei-hua said on Wednesday, amid concerns about a slowdown in tech-related demand.

A significantly weaker-than-expected business outlook by memory-chip firm Micron Technology Inc last Thursday raised concern that, following nearly two years of strong demand, the industry was turning towards a down cycle. That helped to drive down some global tech stocks.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Tech News

Keep yourself and your money safe from these four scams
Meta is following X's playbook on fact-checking. Here's what it means for you
Got a package you didn’t order? Why you should be concerned
Trump, Zuckerberg meet at Mar-a-Lago, Semafor reports
Opinion: If your phone had feelings would you treat it differently? It could happen sooner than you think
Location tracking company Unacast tells Norway its data was hacked, broadcaster says
TSMC begins producing 4-nanometer chips in Arizona, Raimondo says
Explainer-What happens after the TikTok ban?
US supports Musk argument in OpenAI lawsuit
HPE secures $1 billion AI server deal for Elon Musk's X, Bloomberg News reports

Others Also Read