Tell-tale export data from Taiwan show US-China market power rebalancing

Taiwan’s electronic companies such as Foxconn, Pegatron, and Wistron used to produce more than 90% of the laptops in China. Many scholars say the outbreaks of trade war and pandemic have sparked the tech decoupling. Yet, recently released data on Taiwan’s computer exports show that the US had already started to become a stronger magnet for tech products, driving the supply chain out of China years before the pandemic and trade war outbreaks.

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Elan cancels LTA with chip foundry due to feeble notebook demand

Notebook touchscreen chip maker Elan Microelectronics expects its operation to continue facing a decline in the fourth quarter of 2022 because of weak notebook demand, while the company also announced the cancellation of a long-term agreement (LTA) with a chip foundry and will recognize the loss from breaking the contract in its fourth-quarter financial results.

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