Israel pounds Gaza City suburbs, Netanyahu to convene security cabinet
Israeli forces struck Gaza City’s outskirts overnight with air and ground fire, destroying homes and prompting further civilian displacement. Prime ...
Taiwanese semiconductor company Vanguard International Semiconductor has cautioned that U.S. tariffs on imported chips could trigger inflation and hamper global economic growth, though the firm expects any direct impact on its business to be minimal.
Speaking on a post-earnings call, Vanguard Chairman Leuh Fang adopted a “wait and see” approach amid uncertainty over how far the Trump administration will pursue its tariff threats. Last week, President Donald Trump announced plans to impose around 25% tariffs on auto imports as well as similar duties on semiconductors and pharmaceutical products - a move that could disrupt international trade flows.
"If tariffs are implemented... it will cause many impacts, from inflation to a decline in end-product purchasing power, and even affect expected economic growth," Fang told analysts. However, he added that Vanguard’s exposure is limited since the company manufactures legacy, or mature node chips used primarily in cars and display panels. “The proportion of our company’s semiconductor products directly exported to the U.S. and facing tariffs is very low,” he said.
The announcement comes as tensions between the U.S. and China continue to shape the global semiconductor market. Amid aggressive capacity expansion and steep price cuts by Chinese foundries, many American customers have begun shifting orders to Taiwanese suppliers- a trend that Fang expects will intensify.
In related news, industry rival TSMC is building chip factories in Arizona, while several Taiwanese laptop and AI server makers are also considering moves to expand U.S. production to circumvent potential tariff impacts. Notably, TSMC owns 27.15% of Vanguard’s shares, underlining the interconnected nature of the regional supply chain.
For the quarter ended December 31, Vanguard posted a 19.4% year-on-year increase in revenue to T$11.55 billion ($352 million) and a 48.7% jump in gross profit to T$3.314 billion, reflecting strong performance despite the broader market uncertainties.
As the global semiconductor industry braces for possible trade disruptions, Vanguard’s cautious outlook underscores the complex interplay between tariff policies, inflationary pressures, and shifting supply chains in an increasingly volatile economic environment.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
The UK is gearing up for Exercise Pegasus 2025, its largest pandemic readiness test since COVID-19. Running from September to November, this full-scale simulation will challenge the country's response to a fast-moving respiratory outbreak.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
The world’s seven largest technology companies – Microsoft, Apple, Alphabet, Amazon, Meta, Nvidia and Tesla – collectively reported a net profit of $143 billion in the second quarter, representing a 27.6% increase year-on-year, according to their financial statements.
Billionaire Elon Musk filed a motion on Thursday seeking to dismiss a civil lawsuit brought by the U.S. Securities and Exchange Commission (SEC), which accused him of waiting too long in 2022 to disclose a significant stake in social media platform Twitter, later renamed X.
Ford is recalling more than 355,000 pickup trucks across the U.S. after a dashboard instrument display failure was found that may prevent drivers from seeing critical information such as vehicle speed and warning lights.
U.S. chipmaker Nvidia posted revenue of $46.7 billion for the second quarter of fiscal 2026, up 56% from the same period last year and surpassing market expectations, the company announced Wednesday.
The artificial intelligence (AI) boom that has fuelled markets in recent years faces a key test on Wednesday, when industry bellwether Nvidia Corp reports its second-quarter earnings.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment