HSBC Holdings PLC’s global private banking and wealth management division has an upbeat outlook for Taiwan, the only North Asian market for which it had raised its outlook, as the domestic semiconductor sector is expected to continue to benefit from digitalization worldwide, it said yesterday. Although the semiconductor sector has posted robust profit growth this year, it is likely to expand further next year thanks to a rising demand for chips, Hong Kong-based chief investment officer for Asia Fan Cheuk Wan (???) told a news conference. Next year, semiconductor companies’ earnings per share are likely to grow at a slower…