Reported about 1 year ago
Listed companies in Taiwan achieved a record-high combined revenue of NT$3.61 trillion in May, marking the best performance in the same period in history. This 'most prosperous May' was driven by a global economic recovery and increased contributions from AI applications. Large electronic stocks are expected to continue strong performances, supporting the overall market outlook. Leading companies such as Foxconn, TSMC, Quanta, Wistron, and AUO notably contributed to the exceptional May revenue, with a total revenue of NT$1.05 trillion. The positive trend is attributed to a variety of sectors including electronics, construction, and consumption. The electronic industry is showing resilience in what is traditionally a slower quarter, pointing to further growth potential in the coming months.
Source: YAHOO