US EditionWinbond predicts lifelong NTD appreciation, unveils strategic shift toward secure memory and AI
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Winbond predicts lifelong NTD appreciation, unveils strategic shift toward secure memory and AI
Winbond Electronics chairman Arthur Yu-Cheng Chiao predicted a long-term, possibly lifelong, appreciation of the New Taiwan dollar (NTD), citing changes in global interest rate dynamics and Taiwan's growing economic strength. Speaking at the company's annual shareholders' meeting, Chiao warned that every NT$1 appreciation against the US dollar could reduce Winbond's profits by about NT$0.05, prompting a renewed strategic focus on secure memory, …
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