Taiwan News  
Date: 2018/05/12
By:  Central News Agency

TAIPEI (CNA) – Taiwan’s manufacturers listed on the local equity market posted NT$1.5

Profits are up at manufacturers. (By Central News Agency)

trillion (US$50.34 billion) in combined net profit in 2017, up 13.4 percent from a year earlier, with Taiwan Semiconductor Manufacturing Co., (TSMC), the world’s largest contract chipmaker, leading the pack, according to official figures.

The growth in profit was the highest in three years as the local economy was on the path to recovery, according to the Ministry of Economic Affairs (MOEA).
TSMC ranked as the most profitable firm in 2017 among the manufacturers listed on the local main board and the over-the-counter market.

In addition, the chipmaker also served as the top manufacturer listed on the local equity market to pour funds in research and development as well as in fixed asset investments last year.    [FULL  STORY]