Reported 12 months ago
Peng Weilin/Taipei reported on June 30, 2024, at 4:10 PM that the demand for advanced packaging processes of CoWoS led to the stock price trend of equipment leader Unimicron (3131), which has surged from NT$533 to a record high of NT$1,395 this year, more than 1.5 times increase. TSMC is planning to set up 2 CoWoS plants in Chiayi, but one plant had to stop due to archaeological findings, while the second plant has been expedited. There are also rumors about a possible CoWoS expansion to Pingtung, drawing attention to CoWoS equipment concept stocks. Unimicron stated at the shareholders' meeting that the demand for advanced CoWoS packaging is strong, and major customers hope to increase capacity preparation, aiming to enter the high-bandwidth memory supply chain for American memory factories. South Korean manufacturers have also shown interest, and orders are visible until 2026; insufficient capacity subsystems will be outsourced. Unimicron's revenue in the first five months was NT$1.537 billion, a 14.07% increase. Analysts believe that its second-half revenue will surpass the first half, with a growth of over 20% for the whole year. * [Warrant investment involves risks. Information in this section is for reference only and does not constitute an invitation, solicitation, or any other advice or recommendation; readers are advised to make careful considerations.]
Source: YAHOO
Reported 12 months ago
Since last year, the AI wave has inspired the continuous surge of US stocks, leading to a strong market trend that has pushed the S&P 500 index up by 15% in the first half of this year. While most analysts are optimistic about the US stock market's continuation of an upward trend in the second half of the year, the concentration of gains in a few tech stocks and the variables brought by the US presidential election in the second half remain concerns. Despite the impressive performance in the first half of this year, where the S&P 500 index hit 31 historic closing highs, there are worries about over-concentration in a few tech giants contributing to nearly 60% of the total gains.
Source: YAHOO
Reported 12 months ago
Taichung report by Liu Zhushong, June 30, 2024, 4:10 pm: Yong Hong Aerospace (6618), a thermoplastic carbon fiber composite material plant, is partnering with a drone systems integrator to establish a drone company. By leveraging Yong Hong's expertise in composite materials, the company aims to enter the global drone industry. Shareholders, including Singapore government's investment company, are optimistic about the long-term development of drones. The company plans to set up the drone company soon, focusing on military and commercial drone research and production. Yong Hong Chairman Wu Jiaxing stated that the company's technology advantages in carbon fiber composite materials can be applied to drones for sustainable development in line with ESG circular economy principles. In addition to entering the drone market, Yong Hong is actively exploring collaborations with customers in the new energy vehicles and high-speed rail sectors to expand into new markets.
Source: YAHOO
Reported 12 months ago
As the property market in Taiwan sees strong purchasing momentum in the first half of the year, developers in central Taiwan remain optimistic that the trend will continue into the second half. Companies like Shin Kong Construction, Fu Wang, Fu Hwa Innovation, Feng Chien, Shun Tien, Kun Yue, Dacheng, and Fu Yu are seizing the opportunity and rapidly launching new projects to capitalize on the once-in-a-decade property market boom. The total estimated sales of these upcoming projects exceed 200 billion NTD, showcasing a vibrant real estate market in central Taiwan.
Source: YAHOO
Reported 12 months ago
On June 28, 2024, the Asia Business Association announced the winners of the 2024 Asia Corporate Social Responsibility Awards, with Huang Nanzhou, Chairman of Yushan Financial Holding and Bank, winning the Responsible Business Leadership Award. This marks him as the first enterprise leader to win the award seven years in a row, recognizing Yushan's long-term commitment to corporate social responsibility. The awards, held for over ten years, acknowledge companies from over 19 Asian countries with strong ESG performance, covering various aspects of leadership, impact, crisis management, environmental protection, human resources, welfare, and governance to measure the comprehensive results of corporate social responsibility efforts.
Source: YAHOO
Reported 12 months ago
The 2024 Asian Biotech Summit will take place from July 24 to 28, with 50 companies recommended by global venture capital participating in the investment peak forum to showcase their technologies, including Taiwanese companies like Panion Medical, Immunity Works founded by the father of antibodies Zhang Ziwen, Xin Yuan founded by generic drug king Chen Zhiming, and Anchen Biotech. The forum will focus on fields like new drug development and digital healthcare, where outstanding startups from various countries will present, featuring topics like ADCs, new antibodies, and AI applications in clinical trials and drug development, promising significant investment opportunities.
Source: YAHOO
Reported 12 months ago
Despite the lower-than-expected premium increases for domestic electric vehicle exclusive policies, insurance companies emphasize the need for a more comprehensive coverage for electric cars compared to traditional gasoline vehicles. Apart from mandatory insurances like third-party liability insurance and comprehensive insurance for vehicle damage, additional insurances focusing on the unique risks associated with electric cars, such as battery-related incidents during charging, are recommended. Factors like water damage affecting the battery or malfunctioning components may require additional coverage for claims under natural disaster insurance policies.
Source: YAHOO
Reported 12 months ago
Analysts predict that the Taiwan stock market will continue its bullish trend in the third quarter, fueled by improving fundamentals and market expectations for future innovation and growth. Factors such as the resilience of the U.S. economy, rebounding corporate profits, and the surge in AI demand are contributing to a positive outlook. Recommendations include investing in Taiwan stock funds and ETFs to participate in the upcoming market rally, with a focus on tech stocks driving revenue growth and anticipation for a better economic performance in the second half of the year.
Source: YAHOO
Reported 12 months ago
As the summer heat sets in and electricity bills begin to climb, Panasonic introduces its latest air conditioner series featuring AI frequency control, fast cooling technology, and nanoe health technology to provide efficient cooling while using minimal electricity. The air conditioner actively purifies indoor air, removing harmful substances like PM2.5, allergens, viruses, and mold to create a healthy living environment. With features like 24-hour mold monitoring, antibacterial components, and IoT app control, Panasonic air conditioners offer a comfortable and energy-saving option for households, with current promotions offering cashback, energy-saving subsidies, and tax exemptions to help users save up to NT$12,000.
Source: YAHOO
Reported 12 months ago
Taiwanese Company is actively promoting awareness on traffic safety and fraud prevention among new immigrant families by organizing seminars in collaboration with the Eden Social Welfare Foundation. The company aims to increase understanding of traffic safety and financial fraud risks through various activities, interactive seminars, and real-life examples, with the goal of fostering a safer community environment and educating new residents on these important issues.
Source: YAHOO
Reported 12 months ago
Foldable phones are becoming increasingly popular among consumers, pushing brands to speed up the release of new products to seize opportunities. Samsung will unveil its annual new phones, Galaxy Z Fold6 and Galaxy Z Flip6, on July 10, while Google is set to release Pixel 9 on August 13, two months earlier than usual, with the possibility of introducing Pixel Fold 2. Additionally, Motorola has already launched a budget foldable phone in June, making the foldable phone market in the second half of the year lively. Counterpoint Research forecasts that the foldable phone market will exceed 21 million units this year, with a 34.8% year-on-year increase. The entry of new foldable phone models from various brands is expected to boost related supply chains such as IC design, PA, bearings, and cooling systems.
Source: YAHOO
Reported 12 months ago
As the peak travel season approaches, banks offer two major strategies to help people save money on overseas expenses. The first strategy involves making smart use of credit cards, selecting the most suitable travel card to accumulate rewards and miles. The second strategy emphasizes choosing the right timing and channels for currency exchange to save money. Different banks provide various tips on maximizing rewards, such as cashback and discounts on specific travel expenses, including flights, accommodation, and overseas purchases. Utilizing online services for currency exchange and monitoring exchange rates is also recommended to save time and money while traveling.
Source: YAHOO
Reported 12 months ago
According to statistics from the United States, nearly half of greenhouse gas emissions and energy consumption are related to buildings. As the EU prioritizes environmental issues, it was revealed that buildings contribute 36% of greenhouse gas emissions and 40% of energy consumption. To tackle the challenge faced by modern architecture in balancing housing needs and climate change, architects are turning to wood construction due to its lower carbon footprint, renewable nature, and ability to store carbon. The trend of wooden buildings is gaining momentum globally, with countries like Japan and Sweden leading the way in constructing high-rise wooden buildings to promote sustainability and address climate change concerns.
Source: YAHOO
Reported 12 months ago
Although the exclusive insurance policy for electric vehicles was launched on July 1st as scheduled, general car insurance renewals will not be fully implemented until September 1st to avoid unnecessary complications due to operational preparation delays. Several insurance companies like Taiwan Insurance, Shin Kong Insurance, Hua Nan Insurance, and Mingtai Insurance have stated they will introduce exclusive electric vehicle policies starting from July 1st. Rates for electric vehicle insurance are only slightly higher than conventional car insurance, with adjustments ranging from 5% to 10%, and some companies offering rates slightly below those for regular vehicles.
Source: YAHOO
Reported 12 months ago
On June 30, 2024, various ministries were busy trying to fix the new youth housing loan policy, indicating a rushed implementation. The positive signals of steady increases in the real estate and stock markets reflect a prosperous national economy, benefiting industry development and wealth accumulation. However, the rushed introduction of the 'Youth Housing Loan' policy during the previous presidential election led to a surge in property prices, sparking speculation, fraudulent loans, and other issues. The government's generous housing loan subsidies, aimed at helping young people purchase homes, have inadvertently facilitated property speculation instead. As a result, various government agencies are now working to rectify the policy's flaws and prevent further misuse of the housing loans, as the risks of the policy being a double-edged sword become apparent. Similar policy failures in the UK serve as a cautionary example, where the 'Help-to-Buy' scheme ultimately harmed middle-income families.
Source: YAHOO
Reported 12 months ago
The Taiwanese government announced a goal to achieve net zero carbon emissions by 2050 and has set policies to align with international standards. To assist businesses in adapting to the impacts of net zero carbon emissions early, Taiwan Business Bank is organizing three sessions of 'Green Trends Empowerment Transformation Seminars.' The bank provides green financing solutions to help businesses upgrade production equipment, invest in renewable energy, pollution control, and energy-saving equipment. They also collaborate with the Industrial Technology Research Institute to establish a 'Net Zero Carbon Reduction Joint Counseling Platform.'
Source: YAHOO
Reported 12 months ago
A PwC global entertainment and media industry outlook report stated that Taiwan's gaming, eSports, and related industries are projected to reach a value of NT$126 billion (approximately US$3.86 billion) by 2024, with a compound annual growth rate of 4.8% from 2022 to 2027. The report covers areas such as social, casual, traditional console and computer gaming, integrated gaming advertising, and eSports, with the latter showing the highest growth rate of 10.6% from 2022 to 2027. Ticket revenue and broadcasting revenue within eSports are expected to grow significantly, although in terms of absolute value, eSports revenue is still relatively low compared to traditional gaming. Social and casual gaming remain the mainstream market, with an expected market share of NT$27.65 billion in 2024, projected to increase to NT$32.77 billion by 2027.
Source: YAHOO
Reported 12 months ago
Taiwan's largest shopping center development project, D-ONE, held a groundbreaking ceremony on June 30, 2024, with the participation of the Chairman of the First Global Development Company, Yuanshima Eiichi, and Taichung Mayor Lu Shiow-yen among others. With an investment of 26 billion Taiwanese dollars, D-ONE will be the largest department store in Taiwan, featuring a shopping mall, a Broadway-grade cinema, a 5-star hotel, and an A-grade office building, among other facilities. The first phase of the project is scheduled to be completed by the end of 2026, creating numerous job opportunities and positively impacting the local economy.
Source: YAHOO
Reported 12 months ago
With the traditional peak season for Apple's iPhone coinciding with the bullish trend in the stock market, various research institutions have raised their shipment expectations for the new iPhone in the second half of the year, with estimates reaching up to 100 million units. Expectations are high for the iPhone 16's performance, benefiting heavyweight stocks like TSMC, Largan Precision, and Genius Electronic Optical. Analysts are optimistic about the potential impact of AI features on driving iPhone sales, leading to increased stock price predictions for key supply chain companies in Taiwan.
Source: YAHOO
Reported 12 months ago
In the July issue of Reader magazine, the concept of personal management is discussed, emphasizing the importance of managing energy efficiently to accomplish tasks effectively. The article draws parallels from the hunting behaviors of bear, salmon, and eagle in utilizing energy wisely. The issue also features a story about Xinjiang writer Li Juan and her works depicting the lives of grassland people, shedding light on Xinjiang and Altai to readers. Additionally, a fascinating science article examines the correlation between the shape of the pupils of land animals and their ecological roles, providing insightful explanations. Reader magazine offers diverse content from renowned writers and media, available for 80 yuan per issue, accessible both in bookstores and online.
Source: YAHOO
Reported 12 months ago
In addition to high dividend ETFs in the Taiwan stock market, ETFs with high growth indicators like 'bright' and 'accumulate' have been leading the market this year, attracting attention. As the stock market continues to rise, investors are choosing to participate in the upward trend through regular investment plans. Statistics show that in the past two years, the top ten performing regular investment ETFs are still dominated by high-growth indicator ETFs. Top performers include NYSE FANG+, Cathay Semiconductor, Fubon Autonomous Vehicle, Yuanta Global AI, Fubon Taiwan Technology, Fubon Taiwan Mid/Small Cap Dynamic Growth 50, Cathay S&P North America Technology, Cathay Taiwan 5G PLUS, CITIC Select Small Value High Price 30, and Yuanta Taiwan Electronic Technology, with returns ranging from 47.4% to 68.5%. Fund managers point out that the current trend in the semiconductor and AI industries is expected to last for the next 5 to 20 years, and investors can continue to participate in the market by regularly investing in market value ETFs.
Source: YAHOO
Reported 12 months ago
The recent airline incident involving extreme turbulence on a Singapore Airlines flight has shed light on the escalating threat turbulence poses to aviation safety, as weather patterns change in response to climate change. With over 100 passengers severely injured and one fatality, this event marks the first commercial airline safety accident caused by severe turbulence in nearly 30 years. Experts warn of the rising frequency of turbulence incidents due to changing weather patterns, emphasizing the need for enhanced monitoring and regulations to safeguard passenger and crew safety.
Source: YAHOO
Reported 12 months ago
The annual Asia Sustainability heavyweight award 'Asian Corporate Social Responsibility Awards (AREA)' took place on June 28th in Ho Chi Minh City, Vietnam, where 81 units were recognized, including 33 Taiwanese companies winning 64 awards, making Taiwan the biggest winner in Asia. The outstanding performance of Taiwanese companies in sustainability once again gained international recognition. The AREA, organized by Enterprise Asia, is considered a golden indicator for ESG and sustainable development practices in Asia, aiming to commend companies dedicated to promoting sustainability and setting new standards for corporate social responsibility. Over the past decade, AREA has covered over 5,000 ESG projects, providing a platform for relentless sustainable efforts of enterprises and organizations to inspire more companies to integrate sustainable business practices into their strategies.
Source: YAHOO
Reported 12 months ago
With the AI trend growing, the performance of American and Taiwanese stocks has been impressive. Investment trusts state that the US economy is resilient, global manufacturing is recovering from inventory woes, and economic data confirms a soft landing. The market remains positive, especially as AI applications expand and benefit from the industry, leading to a favorable outlook for the American stock market. Factors such as the Federal Reserve's interest rate decisions, positive corporate earnings revisions, and increased investment in cloud computing by global players are contributing to the market sentiment, with stocks seen as essential in investment portfolios. The US stock market is entering an earnings growth cycle, with cloud computing expenditures rising significantly this year, attracting investors' focus on companies involved in AI and digital transformation.
Source: YAHOO
Reported 12 months ago
According to the latest statistics released by the Ministry of Finance for the preliminary assessment of comprehensive income tax returns in 2022, Guanshin Village in the Eastern District of Hsinchu City has been crowned the wealthiest village for the fourth consecutive year, with its average comprehensive income skyrocketing from 374.7 million to 461.1 million, a 23% increase. Taipei City's Yongfu Village ranked fourth nationwide with an average income of 3.425 million. The top five income-earning villages are dominated by Hsinchu, showcasing the region's wealth and the continued impact of the Hsinchu Science Park. Hsinchu City took the first and second spot for the richest villages in 2022, with Guanshin Village leading the pack with an average income of 4.61 billion, a 23% increase from the previous year. The ranking further underscores the prosperity concentration in the Hsinchu area.
Source: YAHOO