Reported 8 months ago
Securities News Center summary on June 23, 2024, at 4:10 pm: Shareholders' meetings: Uni-President, China Steel, Greatland, Nangang, China Gas, Lealea, Intelligent Gaming, Kuhua, EasyCard, and Taichung Mint, among others. Ex-dividend and ex-rights: Fand Yung, Chong Yue, Silergy, Heshengtang, China Bao Ke, Macronix, Chong Yue, Lianqiang, Cheng Uei, and Rui Yi, among others. Domestic and foreign investor conferences: Yangming, Foxconn, and Inventec. Stock watchlist: Shuttle, Jima, Tungtai, Sitron, O-HUI, Xindeng, Medico-Dental, Yuanta Futures, Deli Film, and Tong Jie, among others. Stocks to dispose: Everscreen, Superbly. Reduction in margin loans by 1% and increase in margin call deposits by 1%: Truly. New stock subscription computer drawing: Adata, with more reports from Commercial Times on the Zhubei Technology Copper Gongyuan District’s environmental impact assessment passing, Taiwan's PCB output estimated to break 800 billion, and Hode Energy accelerating green energy with a prosperous outlook next year.
Source: YAHOO
Reported 8 months ago
Tai Wei (3064) recently announced its transition from a game machine manufacturer to developing online games, gradually stepping away from its original video lottery terminal (VLT) gaming and system business. Tai Wei, previously focused on VLT gaming and systems with main clients being Italian amusement arcade operators, decided to cease VLT development in 2024 due to limited market prospects and shift its research and development entirely towards online gaming. By utilizing its video processing and cross-platform development technologies, Tai Wei has successfully developed and internationally certified various online video games, entering markets in Southeast Asia, Europe, and the United States. The company also launched 'Call Me' convenience service software, which integrates big data analysis to enhance queuing efficiency in medical facilities and restaurants. Tai Wei aims to reduce costs and focus on high-growth potential areas through this strategic adjustment, adapting its sales model to partnerships and profit-sharing arrangements for custom design services or subcontracting game machine and online game manufacturing. With a year-over-year revenue growth of 44.67% totaling 47 million NTD in the first five months and a first-quarter net profit after tax of 13 million NTD with earnings per share of 1.01 NTD, surpassing the previous year's 0.04 NTD, Tai Wei is looking at a promising future direction.
Source: YAHOO
Reported 8 months ago
Market optimism prevails as the golden period of property delivery continues, combined with the potential for new product promotions and technology themes, providing further momentum for leading glass-ceramic companies like Crown Ceramics and Kaiser. Despite a temporary slowdown and slight revenue decline in May, industry experts are positive about the future prospects of glass-ceramic enterprises, expecting continued growth in the second half of the year propelled by property transactions and new business opportunities in the semiconductor technology sector.
Source: YAHOO
Reported 8 months ago
The Taiwan International Medical and Health Care Exhibition 2024 (Medical Taiwan 2024), held from June 20 to 22 at the Taipei Nangang Exhibition Center, showcased the new face of the medical industry. Various themed pavilions, such as the 'Smart Healthcare Pavilion' and the 'Telemedicine and Smart Medical Equipment Pavilion,' displayed futuristic medical device technologies like telemedicine and precision diagnostics. Notable exhibits included Japan's wearable devices for swallowing difficulties and back support wearables. Vice President Hsiao Mei-chin pledged to enhance regulations to keep up with digital transformation and AI advancements, fostering new opportunities for Taiwan's medical industry to thrive. Industry integration of medical care and technology is expected to bring systemic changes, with AI becoming a smart medical companion. The exhibition also featured AI solutions for elderly care, health monitoring, and intelligent diagnostics, boosting disease precision and patient care efficiency.
Source: YAHOO
Reported 8 months ago
NVIDIA CEO Jensen Huang is spearheading the next industrial revolution by leveraging digital twins, key stakeholders in the tech industry like TSMC, Quanta, and Delta Electronics are utilizing NVIDIA's Omniverse platform to create digital twins of their factories. This technology allows for real-time monitoring, adjustments in factory operations, and training of robots within physical factories. The implementation of digital twins is rapidly advancing, with advancements such as NVIDIA's cuLitho collaborating with TSMC and Synopsys to enhance wafer yield and production speed in semiconductor manufacturing.
Source: YAHOO
Reported 8 months ago
Organized by Hua Nan Bank, Taiwan Bank, First Bank, and Cooperative Bank, the joint credit agreement for National Giant Co., Ltd. amounting to 38.5 billion New Taiwan Dollars was signed on June 21. The purpose of this credit is to repay existing loans and enhance mid-term operational working capital. Hua Nan Bank will manage the credit line, with other financial institutions like Mega Bank, Agricultural Bank, Land Bank, Chang Hwa Bank, and Shin Kong Bank participating. The oversubscribed syndication initially set at 30 billion NT Dollars surpassed expectations and closed at 38.5 billion NT Dollars, reflecting strong support and recognition from the financial industry towards National Giant's performance and future prospects. National Giant is the only global supplier holding a leading position in the top three passive component products - resistors, capacitors, and inductors, providing electronic components and comprehensive services. Over the years, through innovation and acquisitions, it has expanded into niche markets and global sales channels to maximize operational efficiencies. With the increasing demand for passive components in various areas like AI, 5G/IoT, electric vehicles, and others, the recent factory establishment at the South Science Park in Qiaotou reflects National Giant's continuous investment in Taiwan. This joint credit agreement will further support the company's operational growth, global expansion, and enhance international competitiveness.
Source: YAHOO
Reported 8 months ago
The implementation of the 'actual payment for actual support' insurance policy has been extended until October, with adjustments made by the Life Insurance Association and the Insurance Bureau proposing five major complementary measures, including exempting four insurance types from the main policy restrictions, continuing existing insurance policies, requiring policyholders to sign a declaration form, and streamlining the claims process. These proposed changes will be submitted to the Financial Supervisory Commission for approval.
Source: YAHOO
Reported 8 months ago
This article focuses on the generous donation made by Iris Medical Group, showcasing their commitment to the 'S' part of ESG, while also expressing gratitude towards Taiwan's military and police force. The story begins with a child waiting for his firefighter father to come home for dinner, highlighting the role of the military and police as guardians of families and society. Director of Marketing at Iris Medical Group, Chai Jia-zhi, mentioned that Chairman Chang Ru-shan was deeply moved after watching the video and was impressed by the dedication of the students who even traveled to the company's headquarters in Tainan to interview the chairman. This helped the students gain a better understanding of Iris' efforts in public service.
Source: YAHOO
Reported 8 months ago
AI interviews are becoming increasingly common, where job seekers interact with machines instead of humans. To prepare for AI interviews, experts recommend understanding the company background and position requirements, practicing common interview questions, and ensuring a suitable environment. While AI interviews offer benefits like flexibility in time and cost savings by eliminating the need for physical spaces and reducing human biases, they lack in flexibility and emotional connection compared to traditional interviews. Despite the drawbacks, AI interviews streamline recruitment processes, increase candidate numbers, and provide convenience for both employers and job seekers.
Source: YAHOO
Reported 8 months ago
The article discusses a creative concept titled 'Just Do It!' by students from the National Taiwan University of Arts, focusing on the importance of proper waste disposal and recycling in daily life. Through engaging dialogue and rap elements, the students presented the message in a lively and memorable manner. Judges praised the students' heartfelt effort and creativity, suggesting improvements in the video's introductory aspects for future projects. The students expressed gratitude for the opportunity to participate in promoting sustainability and environmental issues, aligning with Taiwan's continuous pursuit of environmental sustainability both in the public and private sectors.
Source: YAHOO
Reported 8 months ago
In an investment outlook for the second half of 2024, HSBC Bank anticipates improvements in the global economic cycle, expanding corporate earnings, and central bank rate cuts, providing abundant investment opportunities in cash, quality bonds, and stocks. Particularly in Asia, including Taiwan, South Korea, India, and Japan, where earnings growth surpasses global estimates, the prospects for AI development are seen to extend for at least another decade. Deutsche Bank also remains optimistic about stock market growth, especially in tech-heavy markets like Taiwan and South Korea. The bullish sentiment is supported by the rapid expansion of AI demand and the upsurge in semiconductor industries in the region.
Source: YAHOO
Reported 8 months ago
Yageo (2327), a major passive component manufacturer, reported a record-breaking revenue of NT$10.712 billion in May, benefiting from strong demand from AI applications. US-based foreign investors have raised their rating to 'add' and increased the target price. With the recovery in the IT sector, Yageo anticipates entering a period of replenishment with relatively low inventory levels, leading to higher capacity utilization rates compared to last year. The company is optimistic about the development of AI applications, as major AI players whose stock prices have surged 3-4 times are important clients of Yageo, driving strong demand for a variety of products.
Source: YAHOO
Reported 8 months ago
China Airlines and EVA Air's cargo businesses are seeing further growth driven by AI opportunities, with China Airlines potentially challenging its previous high of 24.9 NT dollars and EVA Air aiming to break its previous high of 38.5 NT dollars. With the summer approaching, airline stocks for China Airlines (2610) and EVA Air (2618) are on the rise. China Airlines achieved a record high revenue of 48.644 billion NT dollars in the first quarter, with EPS of 0.51 NT dollars. The board of China Airlines approved a dividend of 0.69 NT dollars, the second-highest since 1995, implying a dividend yield of around 2.9%. The demand for air cargo is growing due to AI products, with a focus on high-value and high-efficiency goods, and EVA Air is benefiting from the increasing demand, particularly from Asia to North America for servers and e-commerce products.
Source: YAHOO
Reported 8 months ago
Using an old TV show format, the team presented a fun and engaging way to educate viewers on environmental issues, encouraging them to take action to protect the Earth and participate in environmental activities. The team expressed gratitude for the judges' recognition, feeling honored and surprised to win an award. The team also acknowledged the excellent works of other students and the opportunities for learning from them.
Source: YAHOO
Reported 8 months ago
Taiwan Futures tested the support of the 10-day moving average at 22,678 points on the night of the 21st, rebounding after low buying interest emerged, but still breaking below the 5-day moving average in the short term. Amid a global tech sell-off, including NVIDIA and TSMC facing profit-taking pressure, the market shows signs of fund inflows into traditional and financial stocks, similar to the US market trend. The outlook depends on whether key stocks break below the 5-day moving average and the flow of funds into financial and small-cap stocks.
Source: YAHOO
Reported 8 months ago
Starting from July this year, Taiwan's Ministry of Interior will promote the 'Low Carbon Building Assessment Certification' to target the carbon emissions during the construction phase of buildings, with the aim of achieving overall net zero buildings. The greenhouse gas emissions in the residential and commercial sector account for approximately 19.85% of the national total emissions, with 70% coming from buildings' energy use and the remaining 30% from the construction phase. The Ministry has introduced measures to quantify carbon emissions in buildings and promote low-carbon construction practices while addressing concerns about cost implications of such initiatives.
Source: YAHOO
Reported 8 months ago
On June 23, 2024, at 4:10 pm, HSBC Automotive's Assistant Manager Mao Zhirong expressed that although many people perceive spray painting as environmentally harmful, through the continuous efforts and unwavering spirit of HSBC Automotive, they are dedicated to promoting ESG. By having students create a video, they showcase HSBC Automotive's commitment to environmental protection and employee health. In recent years, HSBC Automotive has been advancing in digital transformation, upgrading spray painting business, energy efficiency transformation, and utilizing solar power generation, demonstrating their strong focus and active participation in sustainable operations.
Source: YAHOO
Reported 8 months ago
In the past year, Taiwan's stock market has risen by over 6,000 points, leading to the strongest capital market in 35 years and a boom in the pre-sale housing market. With over 13,000 pre-sale houses traded in a single month and a total transaction amount exceeding 200 billion NT dollars, the average total price of pre-sale houses in seven major cities has soared to a historic high, surpassing 20 million NT dollars in New Taipei City and nearing 20 million NT dollars in Hsinchu. This surge is attributed to increased purchasing power, driven by the rise in stock market capital supporting the real estate market.
Source: YAHOO
Reported 8 months ago
In the aftermath of the OPEC+ production policy extension on June 23, 2024, which is expected to support oil prices, concerns over geopolitical risks in the Middle East, particularly disruptions in oil supply from key oil-producing countries like Iran, persist. As the US experiences a surge in summer oil demand, driven by AI computing, data center operations, and other digital service providers requiring substantial electricity, leading to an increase in oil prices, institutional investors remain cautiously optimistic about the future of oil prices and energy stocks. Various investment firms concur that the ongoing supply issues in non-OPEC+ countries and the extension of the production policy by OPEC+ will lend support to oil prices, while the risks of supply disruptions from important oil-producing nations need continued attention. The positive outlook for oil prices is further supported by increased oil demand from countries like China, the US, and Asia, along with advancing AI technologies driving the semiconductor industry's reliance on power, benefiting electrical components stocks and power companies. With strong cash flows and improved asset quality, energy stocks continue to be seen as investment-worthy, with companies expected to increase dividend payouts and engage in shareholder-friendly policies such as stock buybacks. This positive sentiment in the energy sector is also reinforced by the strategic importance and growth potential of the semiconductor industry, highlighting the key driving forces for future growth.
Source: YAHOO
Reported 8 months ago
The global semiconductor industry is embracing a new era of AI-driven innovation, with SEMICON Taiwan 2024 International Semiconductor Expo set to take place on September 4th. This year's expo, themed 'Breaking Limits: Powering the AI Era', will gather global industry players to explore the endless possibilities of the AI age. With Taiwan's semiconductor supply chain thriving amidst the AI boom, SEMICON Taiwan is expected to host over a thousand exhibitors with 3,600 booths, showcasing Taiwan's leading position in global semiconductor and high-tech development. The event will feature the latest technologies in AI chip manufacturing, green production, heterogeneous integration, wide bandgap semiconductors, silicon photonics, and smart mobility, highlighting the broad applications of semiconductor technology in areas such as smart vehicles. International giants like Applied Materials, KLA, and Tokyo Electron will also be participating, further solidifying Taiwan's core position in the global semiconductor industry.
Source: YAHOO
Reported 8 months ago
Speculation arose in the industry that OpenAI would release the new AI model GPT-5 last year, but halfway through this year, there is still no sight of it. OpenAI CEO Sam Altman emphasized that there is no set timeline for the release of GPT-5, with CTO Mira Murati stating that it will likely be launched by the end of 2025 or early 2026. Following the success of ChatGPT chatbot introduced by OpenAI in late 2022, tech giants like Google, Meta, and Amazon have been investing in AI model development, creating competition for OpenAI. Despite having launched GPT-4 and GPT-4o in the past two years, the highly anticipated GPT-5 with significantly enhanced comprehension and analytical capabilities remains delayed, causing various speculations. GPT-5, internally coded as 'Gobi' and 'Arrakis' at OpenAI, is a multimodal AI model with a whopping 52 trillion parameters, promising advancements from high school to university-level understanding and analysis, and even showcasing doctoral-level problem-solving abilities for specific issues.
Source: YAHOO
Reported 8 months ago
工商時報與開拓環境保護基金會合辦首屆企業永續ESG校園徵影競賽，邀請大專學子透過影音傳達環境保護重要性，並吸引超過2000位師生報名參加，最終評出30組優質得獎團隊。活動得到產學界力挺，強調藉由媒體報導讓ESG議題深入民心，推動成為全民運動的起點。多家知名企業也提出ESG永續命題，共同參與活動，營造更美好的未來。
Source: YAHOO
Reported 8 months ago
Yingwei's Chairman Wang Jiahuang confidently stated that the company, which had invested in AI testing and research many years ago, is poised to exceed 10 billion in annual revenue within three years. Despite the global AI boom since 2023, most companies' AI revenue remains low due to constraints such as limited capacities at upstream chipmaker TSMC and the delayed deployment of edge computing. Wang emphasized Yingwei's focus on high-end products in the AI, HPC (High-Performance Computing), and mobile markets, aligning with the evolving industry landscape and striving to maintain its competitive advantage in test interfaces and advanced packaging technologies.
Source: YAHOO
Reported 8 months ago
In May, traditional insurance agents contributed up to 12.8 billion in new life insurance contract premiums, marking a new high in history. Their year-on-year growth in premiums for the first five months increased by 12%, surpassing bank channels and insurance agents whose growth was 18% and 1% respectively. The share of new premium income through traditional insurance agents rose from 7%-9% to 19%, highlighting their key role in the industry's growth this year.
Source: YAHOO
Reported 8 months ago
The article discusses the concept of practicing environmental sustainability through simple and meaningful consumption choices, using Amod Cake's kitchen as an example amidst the busy urban life. Amod Cake emphasizes its commitment to animal welfare, environmental protection, and social responsibility through product ingredients and operational practices, aiming to create a positive impact on the environment and the world with every small consumer choice. The video conveys Amod Cake's brand values through visual and narrative storytelling.
Source: YAHOO