Endless tariff negotiations make August 1 deadline unlikely

US President Donald Trump, leveraging the vast domestic consumer market, has used tariffs as a powerful tool to steer global economic and trade dynamics. He has successfully opened previously closed markets for American products—for example, allowing US beef into Australia’s large livestock industry and pushing for significant automobile exports to Japan, a major car manufacturing country. However, paradoxically, regardless of the tariff rates set, they remain subject to change at any time.

Continue reading

TSMC issues official response regarding heavy rain floods at Chiayi AP7 plant

Due to the influence of a low-pressure system and southwest airflow, a heavy rain advisory was issued for the Yunlin, Chiayi, and Tainan regions on July 28, 2025. Chiayi County urgently announced work and school suspensions in the morning. TSMC’s Chiayi AP7 advanced packaging plant reportedly experienced flooding, with some areas submerged up to knee level. On-site workers were wading through muddy water, and construction operations were affected.

Continue reading

Eternal Materials 2Q25 operating profit up 18.6%, but FX losses weigh on earnings

Eternal Materials reported stable shipments across its three core business segments in June, with consolidated revenue totaling NT$3.297 billion (approx. US$110 million), down 1.9% from May. Gross margin remained consistent with the previous month, but lower revenue pushed up the expense ratio, resulting in an operating profit of NT$137 million (approx. US$4.66 million), a 2.81% month-over-month decline.

Continue reading