Reported about 1 year ago
As of July 8, 2024, Far EasTone currently has over NT$60 billion in outstanding orders due to strong demand driven by expanding applications in automotive, AI/HPC, autonomous supply chains in various countries, and continuous strategic investments by customers. The company's June consolidated revenue reached NT$5.101 billion, a 9.59% monthly decrease but a 5.36% growth compared to the previous quarter, marking a new high in revenue for the past three quarters. Market analysts predict that Far EasTone's performance will continue to improve in the second half of the year, with upcoming projects such as the recognition of Phase II of the Baoshan project and new factories in Hsinchu and Kaohsiung contributing to a positive outlook for the company's revenue. With an order backlog exceeding NT$60 billion, positive industry trends and a broadening customer base, Far EasTone is expected to outperform last year's revenue levels.
Source: YAHOO
Reported about 1 year ago
Quanta Computer's revenue in June reached 111.318 billion NT dollars, crossing the billion mark for the second consecutive month, with a 9.9% growth from the previous month and a 23.4% increase from the same period last year, marking a 19-month high. The increase was attributed to the warming PC shipments and smoother AI server shipments. Quanta's performance is expected to strengthen in the second half as PC and AI server markets continue to grow.
Source: YAHOO
Reported about 1 year ago
On July 8, 2024, reports surfaced in the market that MediaTek is designing Arm-based chips for Microsoft's AI PC, set to be launched by the end of next year, potentially allowing MediaTek to enter the AI PC domain from AI smartphones. TSMC also saw a 3.9% quarter-on-quarter revenue increase in Q2. Analysts noted that with terminal inventory adjustments coming to an end, TSMC's capacity utilization rate is expected to rise to 75% in the second half of the year, estimating an annual EPS of 4.3 yuan. MediaTek, known for its involvement in laptops focusing on Chromebooks, is now making a move into the AI PC era. Microsoft's strategy of optimizing Windows with Arm chips appears to target Apple's laptop products, with MediaTek's PC chips expected to be released by the end of 2025. TSMC's upcoming high-end chip, Dimensity 9400, is expected to outperform the current flagship Dimensity 9300, offering improved performance due to TSMC's 3nm process. TSMC's revenue for June was 17.548 billion yuan, down 10% month-on-month and 7.9% year-on-year, aligning with market expectations. Semiconductor output is expected to increase by 4% to 6% this year, and TSMC's operations are forecasted to perform better in the second half of the year compared to the first half.
Source: YAHOO
Reported about 1 year ago
According to statistics from the property insurance industry, online insurance for property insurance has been increasing month by month, reaching 3.84 billion NT dollars in June, a 20% annual increase. The total for the first six months is 22.9 billion NT dollars, a historical high for the same period with a nearly 30% annual growth rate. Travel comprehensive insurance saw a growth rate of as high as 63%. Online insurance for travel comprehensive insurance in the first half of the year reached over 6.21 billion NT dollars, and insurers are optimistic that the total for the year will be about 12.5 billion NT dollars to 15 billion NT dollars.
Source: YAHOO
Reported about 1 year ago
Property prices in Kaohsiung are soaring, especially in the Nanzih District where land prices have reached 1.51 million NTD per ping. The Nanzih District has seen active land acquisitions by developers, such as the recent purchase by the Nantian Group Chairman Cai Tianzan of a motel in the Nong 16 special district for 2.58 million NTD per ping. Another high-priced transaction involved a 1508.3-ping commercial land in the same district, but the rumored buyers, Mod and Jun Du institutions, denied any involvement. These transactions have sparked discussions in the market, with speculation on the identity of the buyers.
Source: YAHOO
Reported about 1 year ago
The 9th 'National Industry Innovation Award' organized by the Ministry of Economic Affairs, often regarded as Taiwan's version of the industry innovation Oscar, is open for applications from now until September 20. Award categories now include contributions from government innovation teams, alongside organizations, teams, and individuals from enterprises, universities, and research institutions. Information sessions will be held in various cities starting July 15 to clarify the application process. The award aims to promote the digitalization and carbon neutrality of industries, celebrating achievements in humanistic, technological, and service-based value creation.
Source: YAHOO
Reported about 1 year ago
In an AI-driven stock market boom, with the S&P 500 index up nearly 15% this year, hitting new highs, Unified Securities is encouraging clients to engage in overseas investments by hosting the 'Overseas Stock King Competition' in the third and fourth quarters of this year. The competition includes categories such as Overseas Trading King, New Account King, and US Stock Regular Investment King. Winners stand a chance to win rewards totaling over NT$90,000, with special incentives for regular US stock investors. Unified Securities' e-Stock App offers real-time New York Stock Exchange (NYSE) stock quotes and a variety of stock strategies to assist clients in making investment decisions for the competition. For more details, please visit the official Unified Securities website.
Source: YAHOO
Reported about 1 year ago
China Productivity Center (CPC) is organizing an 'Innovative Business and Production Management Study Tour' to Nagoya, Japan in September to enhance domestic companies' operational and production management capabilities. The tour, scheduled from September 8 to 12, will visit various renowned businesses in Aichi Prefecture, focusing on exploring Japan's latest trends in innovative business and production management, digital transformation, and market conditions. Interested parties can find more information on the CPC website or contact for registration.
Source: YAHOO
Reported about 1 year ago
On July 8, 2024, Li Woqiang, a professor at Tamkang University's Department of Finance, mentioned the potential impact of Donald Trump's economic policies dubbed 'Trumponomics 2.0' if he were to return to power. Trump's emphasis on trade protectionism, tax cuts, manufacturing resurgence, and expanding infrastructure could introduce greater market uncertainty. Concerns arise over a possible 'Trumpflation' scenario leading to inflation, economic recession, rising unemployment, and adverse effects on low-income individuals. Additionally, Trump's foreign policy, trade protectionism, and focus on traditional industries could impact markets and international relations, potentially involving Taiwan as a bargaining chip in US-China negotiations.
Source: YAHOO
Reported about 1 year ago
According to Counterpoint data, smartphone sales in mainland China during weeks 21-24 of 2024 (corresponding to the 618 shopping festival) increased by 6.8% annually, signaling a recovery in demand. Companies like Novatek (3105) and Unigroup (3034) are expected to benefit from the increasing demand for smartphones. Global smartphone sales have shown year-on-year growth for three consecutive quarters from Q3 2023 to Q1 2024, with Q1 sales reaching 298 million units, an 11.2% increase. The market is expected to continue recovering with Q2 and Q3 global smartphone sales forecasted at 278 million units and 306 million units, respectively.
Source: YAHOO
Reported about 1 year ago
Located next to the coast of Onna Village in the Okinawa Coast National Park, Halekulani Okinawa Resort has been awarded in the 2024 Forbes Travel Guide and is the only five-star hotel in Okinawa with a five-star SPA. Celebrating its fifth anniversary, the resort has launched various promotional activities, making it the top choice for this summer's holiday. With 360 rooms offering different ocean views, including 5 villas with heated swimming pools and natural hot spring pools, the resort is recommended for families seeking a relaxing vacation. The resort also recently introduced a new wedding package combining Hawaiian hospitality and Japanese traditions, creating a perfect wedding celebration. To mark its fifth anniversary on July 26, a special dinner event will be held featuring chefs from Florilege in Tokyo and JL Studio in Taiwan. The general manager of Halekulani Okinawa Resort, Jun Yoshie, expressed that whether guests seek a romantic getaway, a family vacation, or a relaxing break, Halekulani can meet the needs of every traveler for a luxurious vacation in Okinawa this summer.
Source: YAHOO
Reported about 1 year ago
Dongyang, a leading automotive parts manufacturer, reported a 0.36% year-on-year growth in June revenue, reaching 19.34 billion NT dollars, mainly due to shipping delays caused by a lack of cargo space and containers. Despite the challenges in the shipping industry, Dongyang remains optimistic about the second half of the year. The company's revenue for the first half of the year increased by 10.86% annually, with a strong demand in the aftermarket (AM) automotive parts market contributing significantly. Dongyang is also focused on expanding its production capacity to meet the growing demand for electric vehicle components, with plans to increase the share of electric vehicle shipments in its OEM business to over 25% next year.
Source: YAHOO
Reported about 1 year ago
France's parliamentary elections took an unexpected turn with the left-wing camp winning over the far-right National Union party, leading to a potential 'stalemate parliament' as no party secured an absolute majority. This political uncertainty may intensify, but it also mitigates the risk of expanding fiscal policies. The euro initially depreciated but later rebounded, while French stocks and bonds followed a similar pattern. Despite the uncertainty in French politics, the financial markets seem to find the election results somewhat favorable due to the challenges the extreme left and right-wing policies face in implementation.
Source: YAHOO
Reported about 1 year ago
The trend towards carbon neutrality is creating increasing market opportunities, particularly in domestic waste recycling, circular economy, and other green environmental projects. CTC and KTC have seen revenue and profits growing steadily this year. With the expanding ESG market, operations for both companies are expected to perform well each quarter. CTC reported a Q2 consolidated revenue of NT$30.286 billion, up 5.29% from the previous quarter, while KTC recorded NT$2.098 billion in Q2 revenue, an increase of 7.42%. Green contracting business, focusing on green technology, low carbon, and environmental protection projects, contributed significantly to their growth. KTC's profit mainly came from operations like solar power sales, waste isopropanol recovery, and water resources recycling. As the global trend towards net-zero emissions continues, the market anticipates further growth in green projects for KTC this year.
Source: YAHOO
Reported about 1 year ago
根據麥肯錫最新市場調研報告，2030年鋰電池正極材料主流技術將由高鎳三元、LFP和LMFP三分天下。其中，泓辰材料（HCM）作為LMFP製造商之一，有望在歐、美、日等電動車電池市場表現優異。LMFP技術因安全性與能量密度優勢備受看好，預估未來6年LMFP正極材料需求將超越LFP。泓辰材料致力於LMFP研發與生產，並將蓬勃發展至全球市場。
Source: YAHOO
Reported about 1 year ago
On July 8, 2024, it was reported that all of the top 23 performing ETFs were Taiwan-based, outpacing other global stock and bond ETFs. Among the 258 listed ETFs, 176 saw gains, with 76% of Taiwan ETFs rising in value. Driven by TSMC's surge to 1,050 TWD and significant gains in major stocks, Taiwan's ETF market showcased strong momentum, leading to 51 ETFs hitting historical highs. Year-to-date, nine of the top ten performing ETFs are Taiwan-focused, outperforming international counterparts.
Source: YAHOO
Reported about 1 year ago
According to the latest official data from Japan on July 8, 2024, the basic wages in May recorded the fastest growth rate in 31 years, indicating the effectiveness of the pay raise proposals from this year's annual spring labor negotiations. The upward trend in salary adjustments in Japanese companies is aiding the Bank of Japan in moving towards normalizing monetary policy. Despite the accelerated wage growth, real wages in May continued to decline for the 26th consecutive month due to the depreciation of the yen and rising commodity prices, pushing up import costs.
Source: YAHOO
Reported about 1 year ago
The latest Shanghai Containerized Freight Index (SCFI) for the week ending July 8, 2024, revealed a 13-week consecutive increase, reaching a new high since early August 2022. However, the weekly increase narrowed to 0.52%, showing a noticeable decrease in momentum compared to previous weeks. With European shipping rates possibly peaking, there's concern about a possible downturn in prices, potentially leading to corrections in shipping futures. While rates from the Far East to the US East Coast remain strong, rates on the European route have started to decline, signaling a possible reversal from nine consecutive weeks of increases. The shipping industry's traditionally strong third quarter has seen a weakening in European rates, impacting major players and causing a notable decline in container stocks. This has also affected bulk shipping, with companies like Huya-KY and Xinxing seeing declines and dragging down shipping futures by over 3% on the 8th. In other news, plans for a stock market connectivity program between China and Switzerland are in the works, and developments like TSMC's factory plans in Japan and gains in chemical stocks have also been reported.
Source: YAHOO
Reported about 1 year ago
On July 8, 2024, the Taiwan stock market surged by 2,738 points, an increase of 13.5% in the second quarter due to better-than-expected corporate earnings. The market fundamentals continue to support the bullish trend, with expectations of facing high-standards market conditions in the second half of the year. Sector rotation is strengthening, emphasizing stock selection over market conditions. Various indicators suggest a positive outlook for the domestic economy, especially in AI-related sectors like production and machinery. The market outlook revolves around the upcoming electronic peak season, Apple's third quarter product launch, and the introduction of new AI products, favoring related concept stocks and supply chains. Overall, the focus is returning to fundamental stock selection, particularly in the electronic and AI server supply chains, as the demand for AI servers is increasing.
Source: YAHOO
Reported about 1 year ago
On July 8, 2024, Mayor of Taoyuan City, Cheng Shan-cheng, attended the 'Airport Virtual Guest Services Global Launch Event,' marking the application of AI technology in airport VIP lounge services in Taoyuan. The collaboration between Digital Kingdom and Everspring Group will introduce AI virtual guest services at Taoyuan International Airport, making it the first stop for this service. This innovative move is thanks to the support of Mayor Cheng and will elevate smart services to a new level by utilizing AI virtual assistants for passenger inquiries and information services in the airport VIP lounges.
Source: YAHOO
Reported about 1 year ago
Chinatrust Bank released a study on systematic investment plans in July 8, 2024, revealing a growing financial awareness among investors under 30. With the ongoing artificial intelligence (AI) technology trend, over 60% of 20 to 30-year-old clients are focused on tech-related investment products. The bank recommends active funds, long-term systematic investments for wealth accumulation, and emphasizes the importance of diversification to strengthen investment portfolios against uncertainties like the U.S. election and geopolitical risks.
Source: YAHOO
Reported about 1 year ago
The Taiwan Battery Association's 9th Chairman, Yang Mincong, is set to pass the torch to the 10th term's management team and new chairman on July 18 at the first member assembly held at Ming Chuan University's Innovation Building Auditorium. Under Yang's leadership, the Association has actively promoted international and domestic collaborations in the battery industry and recommended policies to boost the localization of Lithium battery cores, expand emerging applications like electrifying agricultural machinery, and enhance the country's competitiveness. Yang emphasizes the importance of establishing a self-reliant and internationally competitive Lithium battery industry to secure Taiwan's place in this niche market and offers five key suggestions for government support.
Source: YAHOO
Reported about 1 year ago
Taiwan's leading automobile finance company, He Run, is actively promoting motorcycle road safety by partnering with the Ministry of Transportation's Highway Bureau for the third consecutive year, successfully increasing the percentage of people attending driving training before obtaining a license to 16.8%. Apart from the government's NT$1,300 training subsidy, He Run will provide an additional subsidy of NT$1,300 to 1,000 individuals who take motorcycle driving training courses, totaling NT$2,600 in subsidies. The company also plans to reserve subsidy quotas for students with limited financial capabilities, aiming to encourage young people to receive formal motorcycle driving training early on to enhance defensive driving concepts and ensure road safety.
Source: YAHOO
Reported about 1 year ago
The private sector's participation in public building projects is at risk of hitting a four-year low due to insufficient funding. By the first half of this year, the amount invested was only 711 billion NTD, compared to over 1.8 trillion NTD in the previous three years. Efforts are being made to attract more private funding through relaxing laws and organizing investment opportunities, with the hope of reaching at least 1.5 trillion NTD by the end of the year. High hopes are placed on Kaohsiung being a leading player in investment opportunities. However, a significant increase in private investment is needed for the year to avoid marking a new low in the past four years.
Source: YAHOO