Reported 12 months ago
Tokyo Electron (TEL), a global leader in semiconductor manufacturing equipment, established Tokyo Electron Taiwan in 1996 with 7 locations in Taiwan, emphasizing localization and social contribution. Recently, they partnered with 'Island Strolls,' specializing in sustainable travel in Taiwan, to clean up mountains in Hsinchu's Beipu area, engaging nearly a hundred employees and their families. This initiative aims to instill environmental awareness, promote sustainability, and combine local culture and education, showcasing Tokyo Electron's commitment to ESG principles.
Source: YAHOO
Reported 12 months ago
Written by Chen You-Xue on July 2, 2024, at 4:10 PM, By utilizing cutting-edge vacuum freeze-drying technology and having a strong R&D team, Biyan Biotechnology is focusing on cosmetics manufacturing with its freezing crystal technology to meet diverse skincare needs. Joining Sodyem Niche's 'K-Team Beauty Alliance' in 2021, the company continues to provide high-quality manufacturing technology for the cosmetics market, offering a wide range of services from lotions, masks, toners, gels, oils to perfumes. With superior product development and manufacturing capabilities, Biyan Biotechnology aims to contribute to the field of high-tech skincare products while maintaining top-notch research and development standards.
Source: YAHOO
Reported 12 months ago
In a new wave of fund raising in July, four new funds of various types, including stocks, multi-asset, and ETFs, have emerged in a span of four weeks, all revolving around the key semiconductor industry trend, with a strong emphasis on AI. Forecasting AI as the beginning of the fourth decade-long bullish wave in the semiconductor sector, there is expected revenue growth of over 1.8 times until 2032, especially with the increasing demand brought about by AI technological advancements. Semiconductor stocks are entering a new round of expansion cycle, positioning companies in the core of the supply chain as key players in global stock markets.
Source: YAHOO
Reported 12 months ago
According to the Bankers Association, by the end of May this year, the new southbound credit has increased by 1,587 billion yuan, reaching a total balance of 1,744.2 billion yuan, surpassing the target of 634 billion yuan with a rate of 250%. Major countries for credit include India, Australia, Singapore, and Indonesia, with Taiwan's Fubon Bank focusing on Vietnam, India, and Australia for credit. While countries like Cambodia and Thailand saw a decrease in credit balances, overall, southbound loans continue to grow, with Taiwan's Fubon Bank, CTBC Bank, Bank Sinopac, Hua Nan Bank, and Taishin Bank having the largest credit increases. The number of southbound locations totaled 336 by the end of May, with Thailand having the most locations and Taiwan Cement recently setting up a representation office in Ho Chi Minh City.
Source: YAHOO
Reported 12 months ago
Uni-President Securities is dedicated to nurturing the next generation of financial talents, with the '2024 Internship Program in the first half of the year' enlisting students from National Taiwan University, National Chengchi University, Sun Yat-sen University, and National Taipei University. Seven outstanding young students interned for three months in departments like Brokerage, Quantitative Trading, Financial Products, and Capital Markets, presenting their achievements on June 14. Through hands-on projects, they optimized company operations, targeted client groups for precise marketing, and enhanced trading system efficiency, aiding in increasing customer retention, accelerating business development, and driving digital transformation. The program facilitated industry-academia exchange, helping students gain practical insights into securities operations and career directions. Uni-President Securities is actively recruiting for the '2024 Internship Program in the second half of the year' until July 19, aiming to provide experiential learning opportunities and pave the way for students' careers.
Source: YAHOO
Reported 12 months ago
In the midst of the booming third quarter shipping season, freight rates on the US East Coast have surged by about $2,000 per 40-foot container as of July 1st, becoming the first route to surpass $10,000 post-pandemic. Yang Ming, along with other carriers, has notified freight forwarders of a $2,000 GRI (General Rate Increase) on Far East to North America routes starting August 1st, reflecting optimism in the shipping market for Q3. The expectation of sustained high freight rates and increased shipping volumes driven by various factors like the Red Sea crisis, recovering European and American economies, and precautionary stockpiling due to tariff-related uncertainties, is causing excitement in the industry.
Source: YAHOO
Reported 12 months ago
On July 2, 2024, both stocks and foreign exchange markets took a hit in Taiwan. The Taiwan Stock Exchange dropped nearly 200 points, while the New Taiwan Dollar continued to depreciate, falling below 32.6 per USD within 10 minutes of trading. International investors and fund managers actively sold off, pushing the New Taiwan Dollar to close at 32.627, marking a low not seen in over two months with an 8.1-point depreciation. The recent depreciation is attributed to heightened market risk aversion stemming from factors like the upcoming elections in the US and France, with investors flocking to the US Dollar. Despite some rebounds, the short-term outlook for the New Taiwan Dollar remains pressured, impacted by global geopolitical risks and market movements.
Source: YAHOO
Reported 12 months ago
The position of president at the Chung-Hua Economic Research Institute, a national think tank, has been vacant for over a month. The board of directors is considering inviting Professor Lien Hsien-Ming from the Department of Finance at National Chengchi University to fill the role, with the new appointment awaiting approval from the Executive Yuan. Lien has a background in economics and has been involved in various academic and administrative roles, including at Taiwan's National Taiwan University and the Academia Sinica. The appointment process is expected to be completed by late July to meet a target start date of August 1st.
Source: YAHOO
Reported 12 months ago
Broad's revenue for the first half of this year was NT$787 million, down 18.14% compared to the same period last year. In June, revenue was NT$135 million, a 23.44% decrease year-on-year but a 3.5% increase from May. The second quarter revenue was NT$404 million, showing a 5.21% increase from the first quarter but an 18.55% decrease compared to last year. Despite the decline, June, the second quarter, and the first half of this year all marked the third-highest in the same period in history for Broad. With concerns over order stability and varying market conditions, the company focuses on traditional peak seasons in the second and third quarters to improve performance.
Source: YAHOO
Reported 12 months ago
Following the online shopping craze sparked by Chinese e-commerce platforms Temu and Shein in Europe and America, the surge in shipments from factories in southern China has driven up air freight prices, raising concerns among experts about the difficulty of securing cargo aircraft space during the year-end shopping season and the projected skyrocketing transport prices. Companies like Xeneta and DHL have observed a significant shift in the air freight market due to the popularity of Chinese e-commerce platforms, with a notable increase in the quantity of low-priced goods being transported by cargo planes from Asia to Europe and America, as opposed to high-value items like smartphones and laptops. The increase in cargo volume has led to a considerable hike in air transport prices, posing challenges for retailers and manufacturers aiming to secure air transport services during the peak shopping season.
Source: YAHOO
Reported 12 months ago
宏捷科6月營收4.26億元，年增101.88%，創下13.07億元單季新高，以25.94億元累計營收接近去年全年水準，顯示手機產業復甦。公司展望下半年營運樂觀，看好手機銷售旺季，有望迎來強大換機潮提振業績，產能提前布局並考慮進一步擴增以因應未來市場需求。
Source: YAHOO
Reported 12 months ago
Due to adjustments at high levels, the Taiex fell 179 points to close at 22,879 points on July 2, breaking below the key 23,000 level. The futures market also experienced a significant drop, with the Taiex Futures falling 162 points to 22,831 points. There is increased difficulty in trading and concerns about volatility. The market is monitoring factors like the US presidential election, which could impact geopolitical tensions and encourage safe-haven flows. Overall, the market is cautious in its positioning and expects volatile trading ahead.
Source: YAHOO
Reported 12 months ago
On July 2, 2024, at 4:10 pm, Wu Nianzhong, the chairman of Orange Flame Alley, announced plans to continue innovating the brand, expand store locations, rejuvenate weak stores, create food hubs, develop retail brand products, and expand retail channels to enhance operations in the second half of the year. Benefiting from the strong recovery of Taiwan's food and beverage industry and the acquisition of the chain rice bowl brand 'Kaidon,' Orange Flame Alley saw a 21.79% increase in consolidated revenue to 4.58 billion yuan in the first five months of the year. With a total of 48 stores globally, including 41 in Taiwan and 7 overseas, and opening 7 new stores in the first half of the year with a plan to open more than 10 additional stores by the end of the year, Orange Flame Alley aims to strengthen its business through a multi-brand strategy and digital tools for marketing and member engagement.
Source: YAHOO
Reported 12 months ago
Taiwan Power Company (Taipower) held the national unique electricity design competition, the 'Watt Design Award,' combining design creativity to promote social communication on electricity issues. This year, nearly 1,600 entries from all over the country competed for a total prize money of 900,000 NTD. Winners included creations like wireless charging pads on manhole covers, transformer-shaped chargers, and magnetic safety helmet accessories. The 24th Watt Design Award ceremony announced winners on June 28 and featured prominent judges from the design industry. Winning designs will be exhibited at the Songshan Cultural and Creative Park until July 7. For more entries, visit the 'Watt Design Award' website: https://kwd.tw.
Source: YAHOO
Reported 12 months ago
Amidst a sharp decrease in tourism due to a strong earthquake in Hualien in the East Taiwan Experience in July 2, 2024, the Ministry of Economic Affairs gathered its subsidiaries and community platforms to connect local businesses in Hualien that have received assistance, creating ten hiking trails and cycling routes featuring unique products like volcanic tofu and organic bitter gourd. The goal is to encourage post-earthquake tourism in Hualien and promote the beauty of Eastern Taiwan. The Ministry has been supporting local industries such as traditional crafts and deep-sea water for 15 years, including fostering indigenous youth in woodworking skills, assisting in upgrading the aquaculture and winemaking industries, and facilitating collaborations with foreign companies for developing premium sturgeon products and local wines. To further enhance innovation in Eastern Taiwan, the Ministry is launching the 'Eastern Innovation Project' focusing on AI and low-carbon technologies to boost smart agriculture, low-carbon manufacturing, and technology tourism, attracting more young entrepreneurs to return to the region.
Source: YAHOO
Reported 12 months ago
On July 2, 2024, at 4:10 pm, Cathay United Bank led a syndicate loan of 2.6 billion NT dollars for IC design firm Genesys Semiconductor Co., Ltd. This marked their first syndicated credit case since establishment and Taiwan's first IC design acquisition syndicated loan. The funding will support the acquisition of IP company Qianzhan Technology Co., Ltd., with banks subscribing 1.58 times oversubscription, showcasing Cathay United Bank and other banks' support for local AI enterprises. Genesys aims to enhance its semiconductor offerings through acquisitions and strategic investments, with the latest acquisition of Qianzhan Technology positioning them as a comprehensive IP and ASIC platform in the semiconductor industry, attracting significant attention. Cathay United Bank's General Manager, Lee Wei-zheng, expressed commitment to supporting Taiwan's business growth and transformation, offering tailored financial advice and solutions to clients based on in-depth analysis of industry trends and clients' sustainable development needs.
Source: YAHOO
Reported 12 months ago
Nikko Asset Management emphasizes the strong performance of Taiwan stocks, with AI demand outperforming other tech industries and electronics sector continuing to lead in growth; the industrial sector is optimistic about heavy electronics and green energy among others. Expectations for a step-by-step decrease in future inflation and possible rate cuts by the Federal Reserve in September and December lead institutional investors to recommend a balanced allocation of stocks and bonds in the third quarter, with emphasis on bond investment-grade securities, emerging market bonds, and high yield bonds.
Source: YAHOO
Reported 12 months ago
The Euro Area's CPI inflation rate for June was released, showing a slowdown in the year-on-year Consumer Price Index (CPI) growth to 2.5%, in line with expectations, with core inflation remaining stable at 2.9%. Despite a slight cooling in Euro Area inflation, high service sector prices remain a major concern. Market expectations suggest that the European Central Bank (ECB) will maintain interest rates during the July meeting and may cut rates again in September. The euro to dollar exchange rate fell by 0.2% on the 2nd trading day and reached $1.0716, potentially ending a three-day upward trend. Eurostat announced that the Euro Area's initial estimate for June CPI growth was 2.5%, a slight slowdown from May's 2.6%, but meeting market expectations. Service sector prices showed the highest increase at 4.1% YoY, while food, alcohol, and tobacco prices decreased from 2.6% to 2.5%. Energy prices decreased from 0.3% to 0.2%. Excluding volatile energy and food prices, the core CPI for June grew by 2.9% YoY, higher than market expectations. Belgium and the Netherlands had the highest YoY CPI growth rates at 5.5% and 3.4% respectively, the highest since August 2023. Some countries with accelerated inflation rates include Italy (0.9%), Finland (0.6%), Latvia (1.4%), and Lithuania (1%). Germany's inflation slowed from 2.8% to 2.5%, and France also declined from 2.6% to 2.5% in June. Following the June inflation data, traders increased the probability of an ECB rate cut in September to 86%. Analysts predict a total cut of 44 basis points by the end of 2024, indicating the possibility of two more rate cuts, potentially in September and December. After initiating the first rate cut in 2019 during the June meeting, the ECB lowered the benchmark rate by 1 basis point. Experts suggest that the decision on further rate cuts will depend on the speed of decline in service sector inflation. Jack Allen-Reynolds, an economist at Capital Economics, stated that 'High service sector inflation this year forces ECB officials to be cautious.' ECB President Christine Lagarde stated on the 1st that the fight against inflation 'is not over' and more time is needed to ensure a cooling of inflation, hence there is no rush to implement further loose monetary policies.
Source: YAHOO
Reported 12 months ago
The Financial Supervisory Commission (FSC) in Taiwan announced the results of the 2024 Fair Customer Service Evaluation, which is the sixth edition. Ten institutions have consistently ranked in the top 25% from 2022 to 2024. The evaluation covers banks, securities firms, insurance companies, and futures brokers, praising those in the top 25% and recognizing the most improved. Notable improvements included better complaint handling mechanisms, enhanced information security systems, and innovative services like predictive models for chronic disease risks. The FSC noted increases in scores for principles evaluated, showing the financial industry's progress in consumer rights and fair service.
Source: YAHOO
Reported 12 months ago
根據104人力銀行統計，在2024年7月，就業市場面臨大缺工情況，餐飲業釋出超過1.6萬個打工機會，並且AI領域也出現了數千個工作機會，時薪最高可達1,500元。AI浪潮帶動人們對相關課程的需求增加，包括Python程式設計語言、機器學習等，導致對AI課程講師的需求也增加。AI工作的特點是不限科系背景，可能需要有流利中英文能力參與相關開發任務。
Source: YAHOO
Reported 12 months ago
The Taipei Commercial Development Bureau is actively recruiting and promoting businesses with friendly services and distinctive features. Over 100 businesses have applied to join the friendly business list this year, promoting business opportunities for friendly businesses. From now until July 31, they have launched the 'Bring Gifts Along with Me' guided tour activity and will also hold 6 'Taipei Story' small travel events from July to September. By recruiting businesses that provide 15 friendly services such as foreign language friendliness, mobile device charging, Free Wi-Fi, barrier-free accessibility, gender friendliness, convenient payment methods, vegetarian friendliness, Muslim friendliness, friendly restrooms, fair trade friendliness, breastfeeding friendliness, menstrual friendliness, and bicycle friendliness, they aim to enhance the reputation and image of friendly businesses in Taipei.
Source: YAHOO
Reported 12 months ago
Due to fewer working days, domestic motorcycle sales in June were 59,500 units, down by 11.3% compared to the same period last year and 14% from May. In the first half of the year, total motorcycle sales reached 347,600 units, a 4.44% decrease from the previous year. Three Suns achieved a growth of 2.28% with 142,300 units sold, holding over 40% market share. Various manufacturers are gearing up for the summer purchasing season with discounts and promotions, anticipating increased sales in July. Gogoro's electric motorcycles saw a 9.22% year-on-year growth in June, while Kymco is pushing for increased market share. The industry remains optimistic despite overall sales decline expectations for the year.
Source: YAHOO
Reported 12 months ago
The real estate market is hot, with the land market also showing signs of rising prices. Knight Frank, a property valuation firm, stated on the 2nd that one of the major highlights of the second quarter in the entire Taiwan land market is the occurrence of several cases where the transaction price reached record highs, including New Taipei City, Tainan, and Kaohsiung. The total land transactions for the first half of the year have already reached 1,027 billion, approaching the total transaction volume of the previous year, but still below the peak periods of 2019-2022. Knight Frank predicts that the total land transactions for the year may exceed 200 billion NTD.
Source: YAHOO
Reported 12 months ago
International funds significantly flowed back into mainland stocks in the second quarter, but institutional investors are still cautious about adding more in the second half due to high real estate inventory hindering China's economic growth and significant deflationary pressures, making them not particularly optimistic about future mainland stocks. However, they have a relatively positive outlook on industries supported by policies, such as green energy, electric vehicles, and export industries. Various investment institutions predict that Chinese stock prices hit bottom in January, with some funds returning in April after seeing increased dividend payouts and double-digit earnings growth rates from Chinese enterprises. The current flow of funds back to mainland stocks has stabilized, and future observations will depend on July's economic performance.
Source: YAHOO
Reported 12 months ago
According to a report by Yuan Haoting from Taipei on July 2, 2024, at 4:10 PM, Xuhui Ying Material Co., Ltd. (6698) has recently benefitted from the cooling trend, leading to a series of significant stock price increases. The company announced its May financial results on the 2nd, showing a monthly revenue of approximately 66.52 million yuan, a 32.47% yearly decrease, with a net loss per share of 0.19 yuan. Xuhui Ying Material expects improved operations in the second half of the year, fueled by increased shipments of cooling components and potential benefits from investment in Hongshuo System. The company has been performing strongly in the stock market, setting new highs, and diversifying its product offerings. Despite challenges in the CMM Mask sector due to increased local competition in China, Xuhui Ying Material is adjusting its product lines to potentially enhance profitability.
Source: YAHOO