Reported 8 months ago
With the Paris Olympics approaching in July 2024, stocks related to the Olympics concept have become a hot topic in the market. Giant Manufacturing (9921) is slowly resolving inventory issues, seeing improved prospects in operations by tapping into the fitness equipment market. Meanwhile, leading shoemaker Pou Chen (9904) is benefiting from the resurgence in footwear business momentum and is optimistic about the industry's recovery with the Olympics effect. The stock rally for Olympic-related sectors has begun, with textile and clothing, shoemaking, and sports equipment stocks taking the lead. Giant Cycling's shareholder meeting indicated that the most severe inventories in the U.S. market have started ordering, primarily focusing on mid-range products. Additionally, Pou Chen expects a promising second-quarter revenue growth, with its May revenue hitting a new high since January 2023. Both companies are looking forward to a positive business development trend, spurred by the upcoming Olympics, as well as events like the Copa America and Euro Cup, indicating potential gradual recovery in the industry.
Source: YAHOO
Reported 8 months ago
According to S&P Global Mobility data, new electric vehicle registrations in the US surged by 14% in April, but Tesla's share of new registrations fell below 50%. Additionally, Tesla recalled over 20,000 Cybertrucks due to wiper and trunk trim issues. While overall electric vehicle sales in April showed double-digit growth, surpassing the 7.3% increase in the overall light vehicle market, Tesla's performance was disappointing. This drop in market share is attributed to competition from traditional automakers offering electric cars, like Toyota's bZ4X with a 646% year-over-year registration increase and Ford's Mustang Mach-E with a 287% increase. The NHTSA highlighted safety concerns with Tesla's recalled models. Despite a strong April for electric vehicle sales, it indicates a turbulent year ahead for the electric vehicle market in 2024.
Source: YAHOO
Reported 8 months ago
IP大廠M31與英特爾合作，在北美市場戰略中擴大先進製程IP，客製化服務受到青睞。M31除權息並持續投入研發，全球市占率有望擴大至15％以上，與Arm逐步退出市場情勢對應。未來將積極開發晶片設計、高速傳輸介面IP等領域，並預計在下半年進行20A節點IP開發，力求拉大與競爭者的差距，預期先進製程營收比重將達50％～60％。
Source: YAHOO
Reported 8 months ago
Following a recent $50 million investment from major shareholder Yen Horng Liang at the beginning of June, Gogoro announced on June 25 that it has received an investment from Castrol, a subsidiary of BP Group, with a total expected investment of $50 million, approximately NT$1.624 billion. Castrol Holdings, a subsidiary of Castrol, will subscribe to Gogoro's common stock with $25 million, acquiring about 5.72% shares in the first stage of investment. The second stage involves $25 million worth of convertible bonds, with the investment dependent on the completion status of certain transactions in their business cooperation. Castrol CEO Zhou Binbin stated that two-wheel vehicles are an important part of Castrol's global product line, highlighting the strategic significance of diversifying Gogoro's product line through investment and ensuring customers stay ahead in embracing new opportunities.
Source: YAHOO
Reported 8 months ago
Hedge Optics mentioned on June 25, 2024, that their visibility for orders extends to October. With Mainland China suspending the ECFA early harvest list, the operational impact on Hedge Optics is limited. They are cautiously monitoring the second half of the year and aim for better revenue and profits this year compared to last year. The company revealed plans for business expansion and diversification to overcome challenges in the market.
Source: YAHOO
Reported 8 months ago
In recent years, under the 'Defense Self-sufficiency' policy advocated by former President Tsai Ing-wen in Taiwan's Defense White Paper, Taiwan's defense capabilities have significantly increased. However, the implementation of military product certification by the Ministry of National Defense has faced challenges, leading to delays and dissatisfaction among both civilian enterprises and military contractors. There is a need to revise and improve the military product certification process to enhance Taiwan's defense industry supply chain and achieve practical defense self-sufficiency.
Source: YAHOO
Reported 8 months ago
Yuking-KY (6957) was listed on June 25, 2024, at the issuance price of 138 per share and closed at 300, up by 162, or 117.39%. Yuking is optimistic about the second half of the year with new products in trial production, order shipments, production optimization in Suzhou, and plans to expand storage in the U.S. The company aims to enhance future operational momentum by providing comprehensive solutions in commercial display racks and improving efficiency. Yuking's revenue and net profit have reached new highs, with continued efforts in expanding customer base, enhancing automation, and developing AI technology for electric bed components.
Source: YAHOO
Reported 8 months ago
On June 25, 2024, Central Bank was awarded four major prizes by the Financial Supervisory Commission for their outstanding contributions to meeting the financial needs of enterprise clients in Taiwan, in line with national industrial development policies. Central Bank received awards in categories such as small and medium enterprise loans, financing for small and new businesses, financing for the e-commerce industry, and loans for six key strategic industries. The bank excels in digital development, using AI and big data to drive financial technology innovation and respond to the government's inclusive finance and sustainable policy initiatives. Central Bank's innovative digital loan platforms resulted in significant growth in loans to small and medium enterprises, small and new businesses, and e-commerce companies, showcasing their commitment to supporting the growth and sustainability of Taiwan's financial sector.
Source: YAHOO
Reported 8 months ago
Chia Fu (1540) currently has orders worth 400 million NT dollars in hand, with visibility into the first quarter of next year, and is aiming for growth in revenue and profit this year. The company's annual shareholder meeting approved a cash dividend of 1.1 NT dollars per share, with a payout ratio of 84.62%. Chia Fu is adapting to the mainland China's cancellation of the ECFA early harvest list by focusing on large-scale gate-type, custom machines with three to five axes, and intelligent integration. The company's chairman, Lin Sheng-ming, stated in the shareholder report that the operational goals for this year include selling 50 cutting center machines and 30 computer lathes, providing customer-oriented services and solutions, strengthening team collaboration and execution, optimizing production processes, and enhancing research and development capabilities to improve product added value and streamline production costs.
Source: YAHOO
Reported 8 months ago
On June 25, 2024, it was reported that Taiwan's Financial Supervisory Commission established the RWA Tokenization Working Group, tapping into traditional finance's journey towards blockchain. S&P Global Ratings' analysis highlighted the rapid growth in tokenized public bonds on public blockchains like Ethereum, exceeding $1 billion, noting benefits including liquidity risk management for money market funds, profitability for on-chain enterprises, and new efficiencies and innovations for the asset management industry. Tokenized bonds offer advantages such as liquidity management for funds, revenue generation for on-chain businesses, and potential innovation support for asset management, despite short-term operational challenges faced by institutions integrating traditional systems with blockchain.
Source: YAHOO
Reported 8 months ago
Matson Food collaborates with Dawson Organic Farm located in Sixty Stone Mountain in Hualien, to introduce a new 'Golden Needle Flower Relaxing Tea and Golden Needle Flower Noodle Gift Box' to the market, featuring organic high mountain Golden Needle flowers cultivated by Dawson for nearly 40 years. The gift box includes unique offerings like Taiwan's signature dishes 'Three-Cup Chicken' and 'Ginger and Sesame Oil', creating a Taiwan-themed gift suitable for both personal use and gifting. The product will be showcased at the Taipei International Food Expo from June 26 to 29.
Source: YAHOO
Reported 8 months ago
Asia Cement held its shareholders' meeting on June 25, 2024, with Chairman Hsu Hsueh-tung reporting an earnings per share of NT$3.28 for 2023 and approving a NT$2.1 dividend, yielding a dividend rate of 4.7%. Hsu emphasized the company's continuous profitability over 62 years since going public, with dividends exceeding NT$60. Asia Cement's strategy includes focusing on its core business, expanding into non-core businesses and financial investments, with subsidiaries like Chiahui Power playing a key profit role. Despite the challenging cement market in Mainland China, Asia Cement's subsidiary in Taiwan achieved record operations, providing strong support to the parent company. Hsu remains optimistic about the Mainland market and the company's future development direction.
Source: YAHOO
Reported 8 months ago
Junfeng Industrial (4584), known for developing and manufacturing key components for fluid, gas, and pneumatic automation industries, reported a 23.34% increase in May revenue of 1.08 billion NTD compared to the same period last year, with total revenue from January to May reaching 5.06 billion NTD, a significant 28.84% growth from last year. The company anticipates continued growth in tire demand and a rebound in the medical market in 2024, which could drive Junfeng Industrial's next wave of expansion. With a strong performance in the first quarter and positive outlook for tire, medical, and automotive industries, the company is also expanding manufacturing operations to meet increasing demands and enhance market competitiveness.
Source: YAHOO
Reported 8 months ago
The 23rd '2024 Toys and Household Goods Creative Design Competition' organized by the Taiwan Toy and Household Goods Research and Development Testing Center will soon take place with the theme 'Co-Creation of the Future, Setting Sail with Children's Hearts'. It invites high school, vocational school, college, and graduate students from across the country to design new creative toys for children aged 0-14, infants, the elderly over 50, and cute cats and dogs. Participants have the chance to showcase their design talents and compete for over NT$600,000 in total prize money. Winning entries may also be recommended to participate in the 'Golden Pin Design Award' for greater exposure. Businesses can utilize these masterpieces to enhance market competitiveness. For more details, visit the official website of the 2024 Toys and Household Goods Creative Design Competition.
Source: YAHOO
Reported 8 months ago
According to the report by Weng Yulan from Taipei, Taiwan's PC market is experiencing a modest recovery this year, with Acer benefiting from the active home PC market in the first half of the year, gaining a good market share growth. Acer expects a stronger performance in the second half due to the traditional peak season and the emerging trend of commercial PC upgrades. Acer's market share in Taiwan has slightly increased, ranking second. The company is prepared to launch nearly 20 new AI-ready PC models to drive growth and compete in the upcoming upgrade trend, as well as releasing new products like laser LED projectors and Mini PCs, expecting them to be significant drivers of Acer's overall shipment growth in Taiwan for the year. Acer also anticipates the market reaction to new processor platforms and stresses the importance of software applications in driving new usage demands in the AI PC market.
Source: YAHOO
Reported 8 months ago
Morgan Stanley analysts have indicated that NVIDIA's Blackwell AI GPU requires 2-3 times longer testing time, leading King Yuan Electronics (2449) to increase capital expenditure to seize opportunities, with profit potential prompting a target price increase to 140 NTD; conversely, the market's expectations for Advanced Semiconductor Engineering's (3711) AI testing business are deemed too high, resulting in a downgrade to 'Neutral'. The report also highlights that despite increased testing expenditure forecasts by Advanced Semiconductor Engineering, the prospects for securing NVIDIA AI GPU testing orders still remain uncertain. In contrast, King Yuan Electronics is expected to maintain a high market share in the AI GPU testing business, with significant revenue growth anticipated in the fourth quarter of 2024.
Source: YAHOO
Reported 8 months ago
Taipei, June 25, 2024 - Creative and Lihwang are actively developing advanced processes and expanding cooperation partners with a promising business outlook. Creative secures a 3nm custom server CPU project from a US CSP cloud service provider, expected to contribute revenue starting from the second half of next year. Lihwang is introducing embedded non-volatile memory components into the most advanced processes, entering the early development stage of 2nm, potentially boosting future royalty income growth. Both companies are focusing on advanced processes and packaging technologies, paving the way for new revenue sources in the automotive sector. Lihwang is positioning itself in the 2nm IP market through continued collaboration with TSMC, aiming to introduce IP to more customers as TSMC enters mass production of 2nm chips in 2025.
Source: YAHOO
Reported 8 months ago
Uni-President Securities has launched the '113th Quantitative Trading Strategy Summer Internship Program' from July 8 to September 6, with applications closing on June 28. The company aims to deepen financial product trading and market-making through digital technology and nurture potential quantitative trading talent by providing opportunities to develop and implement trading strategies. Exceptional interns may be hired as full-time traders post-graduation, with exclusive mentorship and research opportunities offered. Uni-President Securities is committed to sustainable development and talent cultivation, promoting quality education and reducing inequality in line with SDGs, and will continue organizing industry-academic cooperation activities to enhance students' financial knowledge. Applications are reviewed on a rolling basis, welcoming passionate students interested in quantitative trading to seize the opportunity and apply early.
Source: YAHOO
Reported 8 months ago
Cathay United Bank released its first 'Anti-Fraud Behavior Investigation Report', revealing that 75% of respondents received fraudulent messages within three months, with 31% falling victim, indicating one in three people got scammed. Investment fraud affected nearly 30% across all age groups, while online shopping scams were more prevalent among young and middle-aged adults, with older individuals falling prey to impersonation scams and fake police scams. Despite significant losses, many victims do not report to the authorities, citing reasons such as the belief that reporting won't help recover money, fear of being seen as 'foolish' or 'greedy', and the hassle of reporting.
Source: YAHOO
Reported 8 months ago
PwC released the latest '2024 Hopes and Fears Survey' on June 25, 2024, which surveyed 56,600 employees in 50 countries and regions. The survey showed that globally 49% and in Taiwan 36% of employees expect generative AI to help increase salaries. Employees who use generative AI daily believe even more strongly, with over 70% expecting a salary increase. However, the survey also indicated a trend of employees focusing on self-development and considering leaving their current companies, marking the third year of the global 'Great Resignation'. Approximately 28% of respondents are 'highly likely' to leave their current company, higher than in 2023 and 2022. The report also highlighted that as workloads increase, employees are using generative AI to boost efficiency, with 82% globally and 90% in Taiwan expecting significant efficiency improvements, and over 70% of respondents globally and in Taiwan believing generative AI will enhance creativity and increase salaries.
Source: YAHOO
Reported 8 months ago
In order to address the long-term occupational hazards faced by collective meal providers and catering industry workers, Jin Changtian Enterprise has successfully developed the 'Versatile Stir-Fry Machine,' which simulates a chef's flexible wrist and the continuous flipping motion of the JCT-30 fried rice machine. It will make its debut at the Taipei Food Machinery Exhibition, featuring live demonstrations of the stir-fry machine in action. With over 30 years of experience, Jin Changtian Enterprise has established a solid presence in the food, pharmaceutical, chemical, and other machinery processing industries through innovation and research and development, offering automation planning services to enhance work efficiency and productivity.
Source: YAHOO
Reported 8 months ago
According to a survey by 591 New Projects, over 103 projects across Taiwan were sold out within six months in the first half of the year, double the number compared to the same period last year. The market frenzy, driven by a rising stock market, has led to a surge in the number of quickly sold-out projects this year. Areas like Hsinchu and Taichung saw over 20 projects sold out in six months, while New Taipei, Taoyuan, and Tainan each had more than ten projects sold out, doubling the figures from the same period last year. However, with government scrutiny on the new Qingan mortgage, the sixth wave of housing market regulations by the central bank, and restrictions on second-home loans, the sustainability of the hot housing market remains uncertain.
Source: YAHOO
Reported 8 months ago
Guanglung (8916), an outdoor functional apparel factory, held a financial briefing on June 25, 2024, announcing a return to growth trajectory starting from the second quarter as clothing shipments pick up. The down and home textile departments have shown outstanding performance due to factors like rising raw material prices and strong demand from key clients. With all business units showing improvement, revenue is expected to surpass the same period last year, turning positive. Guanglung's accumulated consolidated revenue for the first five months of this year was NT$3.081 billion, a 7.9% annual decrease. Benefiting from non-operating foreign exchange and disposal of investment equity, net profit for the first quarter reached NT$149 million, a 55.9% annual increase, setting a new high for that period with earnings per share (EPS) at NT$0.98. To meet customer demands and the recovering economy, Guanglung continues overseas expansion, recently expanding with a new plant in Vietnam to meet home textile customer needs, planning to add 14 new production lines that will come online gradually in the second half of this year, with potential orders from major global home and Japanese household brands. In terms of sustainable development, Guanglung has attained international certification for B-type enterprises this year and received recognition in corporate governance evaluations, ranking in the top 5% of over-the-counter companies and medium-sized market capitalization companies, highlighting its achievements in corporate governance and sustainability. Looking ahead at Guanglung's operations in 2024, the market predicts revenue contributions from new customers and operational momentum from new plant and capacity investment, estimating double-digit growth for the full year.
Source: YAHOO
Reported 8 months ago
聯準會理事鲍曼在演讲中表示，预计2024年不会有降息行动，将预期降息时间改为2025年。另外，美国财长表示美国经济未出现衰退迹象，预计明年通胀将放缓，助长期降温。最新数据等待发布，投资人将特别关注個人消費支出物價指数等信息。
Source: YAHOO
Reported 8 months ago
Investment experts believe that the upward trend of AI driving industries remains unchanged, and as multiple buying interests restart, stocks such as Delta Electronics and Inventec can be considered for their promising operational capabilities. Delta Electronics holds a leading position in both the AC and DC power supply markets and is expected to benefit from the AI server trend. On the other hand, Inventec is set to benefit from the PCB industry's annual compound growth rate and is expected to see significant revenue growth in the server sector. Both companies are anticipated to experience substantial revenue growth in the coming years, driven by the increasing demand for AI-related technologies.
Source: YAHOO