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TW Biz News|WK 10/28 - 11/03



Every week, we'll select Taiwan's five business news from the previous week for your review.



 


An Industrial Technology Research Institute (ITRI) industry analyst said Tuesday that Taiwan's passive component industry is expected to grow 11.1 percent in 2024, with another 6.3 percent growth next year.


Taiwan's Mo Hai Lou International Art Research Group has made a significant mark on the international stage with its participation in the 2024 Asian Art in London event.


The first Taiwan-Europe Chip Innovation Forum (TECIF) held in Prague concluded on Thursday (Oct. 31), attracting over 200 participants from the industry, government, and academia.


Taiwan's economy outperformed expectations in the third quarter. Fueled by strong AI demand, full-year economic growth is projected at 4%, the Directorate-General of Budget, Accounting and Statistics (DGBAS) announced Thursday (Oct. 31)


One year after taking over production of Intel's NUC (Next Unit of Computing) Mini PC line, Taiwan's ASUS is finding success in integrating AI features. Intel, meanwhile, is still struggling to find a way to restructure its business and retake its former lead in chipmaking.

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