Reported 11 months ago
After Hsueh Yuan, a major packaging equipment manufacturer, went public, they participated in the Taipei International Food Machinery Exhibition for the first time with smart automatic feeding systems and efficient energy-saving labeling machines. With interest from foreign buyers, they are actively negotiating deals during the exhibition. Similarly, transmission component manufacturer Chiko also experiences an increase in orders, particularly from the semiconductor and electronics industries. Both companies aim for revenue and profit growth this year, actively seeking orders at the exhibition to expand their market presence.
Source: YAHOO
Reported 11 months ago
The 13th edition of the 'Taiwan Service Industry Evaluation' organized by Business Times, a prestigious service industry assessment in Taiwan, will be held on July 3 at the Grand Hyatt Taipei, aiming to recognize 30 major industries and 360 outstanding enterprises with gold awards, fostering the sharing of successful experiences within the domestic service industry. With a focus on the aging society and the global trend of 'fair treatment of guests,' this year's evaluation emphasizes 'friendly service,' with a record number of 49 professional mystery shoppers making a total of 1740 visits. The evaluation highlights the importance of treating both service providers and consumers with respect, in line with current societal expectations.
Source: YAHOO
Reported 11 months ago
On June 26, 2024, at 4:10 PM, He Yi (1709) gained momentum by riding the green energy and environmental protection themes, collaborating with Guangyu Engineering under Chongyang Group to target a yearly reduction of 1500 tons of carbon dioxide, resulting in a surge in buying, pushing the stock price to the limit of 23.5 yuan, hitting a new high for the year. With 2,316 buy orders and a high trading volume of 18,505 lots, the stock is worth watching. In the first five months, the revenue was 4.698 billion yuan, a 14.1% year-on-year increase. The revenue structure is dominated by the alkylated benzene and resin sectors, accounting for almost 80% and 15%, respectively; the current annual production capacity is 125,000 tons of alkylated benzene, 25,000 tons of nonyl phenol in Taiwan, and a joint venture in mainland China with a 40,000-ton production capacity at a nonyl phenol plant in Jiangsu operated by Changchun; and a hydrogenated petroleum resin production capacity of 24,000 tons. Economic Daily News also reported on New Tang raising MCU prices, Grand Pacific optimistic about Q1 next year, Huang Xiaoyu of Da Cheng stating prices won't return, and Honghai's achievements in automotive cultivation and optimistic operations.
Source: YAHOO
Reported 11 months ago
New Vision (4909), a network communication factory, has decided to dispose of its subsidiary, Fidin (Guangzhou) Electronics, in anticipation of a profit of about 280 million NTD. The disposal will be completed in five phases starting from the end of this year. New Vision established Fidin (Guangzhou) Electronics in a third country in 2003 to serve customers in mainland China. Due to rising competition and challenges in the electronic industry, Fidin has been facing losses. With the increasing market competition, New Vision decided to sell 100% of the shares of Fidin to avoid further losses and adverse impacts on its own operations. This move is expected to contribute around 2.9 NTD per share to New Vision's earnings.
Source: YAHOO
Reported 11 months ago
Yahua's low earth orbit satellite share increased to 20% last year, with the company optimistic about the growth potential of low earth orbit satellites due to the expansion of satellite chain services globally. The company's focus on low earth orbit satellites, automotive, and AI fields was highlighted at the shareholders' meeting, with expectations for continued growth in these areas. Yahua anticipates a rise in demand for low earth orbit satellites in 2024, as the number of satellites in satellite chain layouts continues to increase, leading to unprecedented coverage density and expanding opportunities in this sector.
Source: YAHOO
Reported 11 months ago
Far East Harbor (5607) welcomed NVIDIA and AMD, two AI chip giants, to set up in the Taoyuan Air Cargo Free Trade Port Phase 2 Value-Added Zone, with a logistics provider leasing an entire building as a global shipping center. With the booming AI market, air cargo volumes for AI servers in May and June increased significantly, and NVIDIA has forecasted even more shipments for July, expecting quarterly growth in the second half of the year. This has boosted Far East Harbor's market share at Taoyuan Airport to over 52%, breaking the 50% mark, with a potential 10% year-on-year growth in revenue and cargo volume for Far East Harbor anticipated for this year.
Source: YAHOO
Reported 11 months ago
Located in the Fengtian Industrial Park in Dapi Township, Yunlin County, the '良作工場農業文創館' of Xiangpu Industrial Co., Ltd. has been selected for the third time as an international highlight tourism factory. It was congratulated and awarded by the Tainan Branch of the Industrial Park Administration Bureau of the Ministry of Economic Affairs. The factory focuses on promoting agricultural and environmental education, integrating the food chain, and aims to become a leading innovative agricultural and food enterprise in the Asia-Pacific region by 2030.
Source: YAHOO
Reported 11 months ago
In the fierce technological battle, companies and countries are all focusing on cultivating and competing for talented individuals in order to excel in the semiconductor industry. The quality and quantity of talent have become crucial factors in the competition. Companies like Huawei and TSMC are emphasizing the importance of talent development, with Japan, South Korea, and Vietnam also ramping up efforts to nurture talent in the semiconductor field. The shortage of talent due to aging populations is a common challenge faced by Taiwan, South Korea, Japan, and China, with strategies including both internal development and international collaboration to strengthen their talent pools.
Source: YAHOO
Reported 11 months ago
As of June 26, 2024, 4:10 PM, the Taiwan stock market has been bullish, particularly driven by AI and technology themes. Nine popular Taiwan stock ETFs, mainly focusing on high dividend and technology themes, have seen significant trading volume. Notable ETFs include those covering high dividend and technology growth. Analysts attribute the popularity of these ETFs to the strong performance of the Taiwan stock market, especially in the technology sector, and the recent dividend distribution of several ETFs that attracted investors looking to participate in the market while diversifying risks. Looking ahead, analysts suggest that in the AI era, technology stocks are expected to outperform the overall market, making technology-related themes the focus of the Taiwan stock market.
Source: YAHOO
Reported 11 months ago
Economic Affairs Minister Guo Zhihui proposed the idea of bringing in foreign talent to Taiwan, including foreign students, to fill the projected 500,000 manpower gap by 2040, especially in high-level manufacturing and service industries. Through the concept of 'borrowing arrows with thatched boats,' Guo aims to attract foreign talent to work in Taiwan and even have international students study in Taiwan, ultimately benefiting both the individuals and Taiwan's industries.
Source: YAHOO
Reported 11 months ago
The recent surge in interest in Fan-Out Panel Level Packaging (FOPLP) has led to discussions about changing substrate materials, with concerns about substrate warping as integrated circuits (IC) become larger. Industry insiders note that while glass can overcome warping and has better electrical properties, it also has drawbacks such as fragility and difficulty in processing. Intel is at the forefront of using glass substrates, with AMD and Samsung also looking to adopt the technology. Glass substrates offer better chemical and physical properties compared to current substrates and can increase interconnect density by 10 times. Intel has stated that glass substrates can increase chip area in a single package by 50%, allowing for more Chiplets. The OPE can be reduced by 50%, improving lithographic focus depth. Samsung has announced plans to enter the semiconductor glass substrate market by 2025, with AMD evaluating glass substrate samples to potentially enhance their HPC products' competitiveness.
Source: YAHOO
Reported 11 months ago
Fubon Futures analyst Cao Fukai mentions that as of 4:10 PM on June 26, 2024, the gold price is still above the half-year line and continues to fluctuate at high levels. While short-term outlook indicates that the recent rise in the U.S. dollar is unfavorable for gold prices, in the long term, gold prices remain inversely related to real interest rates, suggesting a long-term upward trend amid the beginning of interest rate cuts cycle. Investors without positions may consider waiting for a pullback near the half-year line to hold a small amount of long positions. Technically, gold price fell significantly last Friday but managed to hold the uptrend line since June 7; a consolidation here could lead to further upward movement, while breaking below could signal a bearish trend. Internationally, US manufacturing PMI exceeded expectations at 51.7 while Eurozone and Japan PMIs fell, indicating relative strength in the US economy supporting the US dollar and hindering gold's bullish trend continuation.
Source: YAHOO
Reported 11 months ago
Chairman Ye Guanting of Golden Three Mugs announced plans to launch new business projects in the second half of 2024 to expand operations. The chain restaurant group Golden Three Mugs debuted on the OTC market with a reference price of 168 yuan per share on June 26, surging 28.08% to 208 yuan at opening, and further climbing to 334.5 yuan, nearly doubling and becoming the sole tourism stock with a price over 300 yuan, surpassing competitors like Doufu, Wang Pin, Wa Cheng, and Jinhua to crown the stock king. With strong post-pandemic restaurant market recovery and internal resource integration, the company saw a 30% revenue increase and 90% net profit increase last year, boasting an EPS of 10.54 yuan and leading in profitability within the restaurant group. Despite AI's influence on the market, Golden Three Mugs attracted attention with its significant price surge on its debut OTC trading day, only trading 167 shares but standing out due to its established brand, strong revenue, high liquor margins, and room for imagination.
Source: YAHOO
Reported 11 months ago
On June 26, 2024, Taiwan's first 'Fallen Angel' bond strategy fund was listed. Investors can expect prices of these investment-grade bonds to fall but potentially recover within two years, providing better returns and Sharpe ratios than investment-grade bonds, BB-rated bonds, and non-investment-grade bonds. The fund offers a unique opportunity for active investors with strict fundamental analysis to capitalize on companies' credit ratings not continuing to deteriorate. Past statistics show that bonds downgraded from investment-grade to BB+ typically see a significant increase in credit spreads, providing higher annual returns and Sharpe ratios than other bond categories. The fund also focuses on selecting bonds to avoid defaults and may invest in emerging markets. The rise of AI may present opportunities for fallen angels in industries like customer service centers, but only a few companies have been downgraded due to AI's emergence so far.
Source: YAHOO
Reported 11 months ago
In the era of IoT and AI, the internationally recognized computer printing brand DOMINO has incorporated AI into its products through its Taiwan distributor, Tangya, which will showcase a new product for testing the dates on bottled drinks at the 2024 Taiwan International Food and Equipment Exhibition with a testing rate of 99.99%. This equipment primarily focuses on testing bottle cap quality and liquid level to help customers ensure product quality. With CCD cameras for inspection, this equipment can be customized with one to six cameras and can test 600 bottles per minute. Additionally, it offers traceability through coding to prevent counterfeiting, widely used in industries such as pharmaceuticals, construction materials, and food. DOMINO's mature technology and extensive sales experience have established its dominance in the global computer printing market, with a strong R&D team and comprehensive global after-sales service, providing solutions for industries like warehousing, logistics, and printing with products like the G-Series i-Tech thermal inkjet printer known for its high quality and speed in various applications.
Source: YAHOO
Reported 11 months ago
Under Shindah Group, Konica Minolta's Kangtai Technology recently released the new generation Konica Minolta AccurioPress C84hc wide color gamut digital printing equipment. With high saturation, high color rendering, and unique toner technology, it provides finer color reproduction suitable for photography, graphic design, and creative industries. The C84hc features wide color gamut toner technology that can reproduce colors close to RGB display on screens, overcoming traditional CMYK color limitations, especially suitable for accurate color reproduction in fashion catalogs and product photos. The equipment also incorporates AI technology for color monitoring and correction, simplifying processes, reducing manpower, and supporting ESG goals with energy management and eco-friendly consumables, promoting sustainable development in the printing industry and facilitating digital transformation.
Source: YAHOO
Reported 11 months ago
In Taipei on June 26, 2024, at 4:10 PM, Powerchip Technology is assisting Tata Group in constructing India's first 12-inch wafer fab, set to commence construction this year. Powerchip Technology is actively participating in overseas markets and exhibitions, collaborating with Tata Group has opened up new market opportunities. With its advanced technology, including WoW wafer stacking and TSV for heterogeneous integration, Powerchip aims to provide cost-effective AI chip solutions. This collaboration not only enhances their visibility in the North American market but also positions Powerchip for long-term growth and partnerships with startups and established companies.
Source: YAHOO
Reported 11 months ago
Chunghwa Telecom announces a price reduction for 1G and 2G super high-speed broadband internet services starting from July 1. They introduce a new non-fixed 1G/1G symmetric home broadband plan with a promotional total monthly fee of 1,299 yuan, cheaper than the existing 1G/600M plan. The company, with about 68% market share, aims to increase the adoption of speeds above 300Mbps. In addition, Chunghwa Telecom will implement speed limits for exceeding daily data usage for personal and commercial broadband users utilizing 1G symmetric and 2G/1G rates, marking the first-ever speed limitation for broadband users in Taiwan.
Source: YAHOO
Reported 11 months ago
On June 26, 2024, Wang Yuwen, a lawyer at Grandall International Law Firm, pointed out the risks companies face when presenting visions in sustainability reports to stakeholders, aiming to provide insights into future business developments. While listed companies in Taiwan have been following the Financial Supervisory Commission's sustainability action plan since 2023, many unlisted champions also publish sustainability reports to meet global trends and stakeholder demands. However, discrepancies between future aspirations and current obligations in these reports can expose companies to legal risks, urging a thorough risk assessment and action plan implementation based on the SDGs' 17 goals to avoid misinterpretations of company responsibilities.
Source: YAHOO
Reported 11 months ago
On June 26, 2024, Exxon Mobil, a US energy giant, stated that the world's demand for lithium far surpasses current production levels. Rumors of closing out some mainland lithium carbonate futures hedging positions caused a strengthening of bullish forces, leading to a collective surge in mainland lithium mining stocks and futures targets. The main 2407 contract of mainland lithium carbonate futures rose over 6% during trading, closing up 5.11% at RMB 92,600 per ton. Major mainland lithium industry player Tianqi Lithium led the surge in lithium mining stocks, with Tianqi Lithium's mainland and Hong Kong stocks both rising over 6%. Other lithium mining stocks also saw significant gains, with Rongjie Stock surging to the daily limit, and China Minmetals, Tibet Jiuzhi, and Ganfeng Lithium rising by 8.32%, 8.04%, and 7.59% respectively.
Source: YAHOO
Reported 11 months ago
Fuhua Electronics under Tatung Group, along with several domestic companies, formed a strategic alliance to advance Taiwan's presence in international forest carbon credits. Fuhua has developed a forest in Indonesia's West Seram Island, with an area of 144,000 hectares, and is registered with the largest U.S. carbon credit issuance institution, Verra. The alliance signed a carbon credit cooperation memorandum, and other member companies include Jia Ge Foods, Shuangxi Construction, Sanyang Industries, China Steel, Front Wind Power, and Hwa Seung Electronics. Fuhua focuses on carbon credit development and management, benefiting local communities through forest conservation agreements and promoting local economies, biodiversity, and poverty alleviation.
Source: YAHOO
Reported 11 months ago
International manufacturers establishing factories in Taiwan in June 26, 2024, brought demand for green energy procurement, benefiting electricity sales companies. Following inquiries about green energy procurement from Nvidia, Yunbao Energy, Hongde Energy, and Senwei Energy collectively surged to daily limit, with companies stating that demand for green energy far exceeds supply, expecting sales related to electricity to grow significantly this year. With large-scale data centers planned by Nvidia and Apple in Taiwan also procuring green energy, major electricity providers are directly benefiting. Companies in the green energy sector are experiencing increased demand due to inquiries from various clients, making the already insufficient supply of green energy even more in demand.
Source: YAHOO
Reported 11 months ago
On June 26, 2024, the Taiwan stock market experienced high-level volatility. Under the new president's one-month reign, funds vigorously defended the bull market, with green energy and biotech policies leading the charge. The index of listed environmental protection stocks surged by 4.38%, reaching a historical high, while biotech medical stocks also rose by 4.25%. The focus on policy stocks in green energy and biotech sectors has propelled the market forward, with various companies reaching new heights in stock prices. Despite recent tugging between bullish and bearish forces at high levels, strong support from local investors and financial institutions has helped Taiwan's stock market soar by 1,728 points. Green energy and biotech stocks have seen significant gains due to seasonal factors, AI-driven electricity demand, biotech advancements, and the resurgence of the COVID-19 pandemic, leading to a recent surge in performance and index levels.
Source: YAHOO
Reported 11 months ago
Two years after dropping out of Harvard, students founded the startup Etched, which successfully raised $120 million and aims to have Taiwan Semiconductor Manufacturing Company (TSMC) produce more affordable artificial intelligence (AI) chips. Etched is challenging Nvidia's leading position. The company's funding round was led by Primary Venture Partners and Positive Sum Ventures, with investors including legendary figures such as Stanley Druckenmiller and notable tech investor and PayPal co-founder Peter Thiel. Headquartered in Silicon Valley, Etched is developing a chip named Sohu, utilizing the 'Transformer' for training and deploying AI models, similar to OpenAI's ChatGPT core architecture. Despite not being as powerful as Nvidia's general-purpose GPU, Sohu is faster on dedicated tasks by over 10 times, with lower costs and energy consumption. Etched believes that one Sohu server can replace 160 H100 GPUs, providing a more cost-effective, efficient, and environmentally friendly option for businesses in need of custom chips. The company's operational director expressed excitement about their endeavors, emphasizing why they chose to drop out and attract talented individuals.
Source: YAHOO
Reported 11 months ago
According to the recent positive news in the electric vehicle market, related sectors have seen an uptrend, leading to a surge in three overseas stock-type electric vehicle ETFs in Taiwan: Cathay Smart Car (00893), Shin Kong S&P Electric Car (00925), and Fubon Future Car (00895), with gains ranking in the top three among overseas stock ETFs on the 26th, rising between 2.4% and 2.9% in a single day. Tesla, the leader in the US electric car market, is expected to announce second-quarter delivery data next week, boosting market optimism. Additionally, Ford announced a $5 billion investment in electric vehicle startup Rivian, causing Rivian's stock to jump more than 50% after hours and driving related concept stock prices. Fund managers are optimistic about the long-term growth trend of electric vehicles, with expectations for increased affordable electric vehicle models and global sales momentum towards fully autonomous driving.
Source: YAHOO