Reported 11 months ago
In order to address the post-epidemic labor shortage, the Labor Department in Taiwan announced on June 25, 2024, that they will relax restrictions for overseas students staying in Taiwan through three measures. These measures include allowing overseas students to work in mid-level technical positions in the hospitality industry, eliminating the cap on the number of overseas students, and opening up applications for personal work permits to facilitate permanent residency applications. The goal is to increase the number of overseas laborers by 200,000 by 2030, with various initiatives to attract and retain overseas talent.
Source: YAHOO
Reported 11 months ago
According to the report, in May, national banks saw an increase of 123.6 billion yuan in housing loans, setting a record high for single-month increment. This surge brought the housing loan balance to 10.38 trillion yuan, marking a new high that has continued for the past 16 months. The increase was mainly attributed to factors such as the New Youth Safety Loan program and the conversion of construction loans to separate housing loans.
Source: YAHOO
Reported 11 months ago
In June 25, 2024, AI chip giant NVIDIA faces competition as eight major tech companies, including Intel and AMD, establish the UALink alliance to challenge NVIDIA's dominance in the AI field. With a combined market value of 7.6 trillion USD, the alliance aims to set new interconnection technology standards for AI data center networks, posing a threat to NVIDIA's leading position. While the alliance's impact is significant, it may take until 2026 for its first product to launch, potentially lagging behind NVIDIA's new Rubin GPU architecture. Time to Market is crucial in seizing the AI market, as pointed out by industry experts.
Source: YAHOO
Reported 11 months ago
As global tensions rise and concerns about supply chain disruptions persist, the semiconductor industry is experiencing a major investment expansion period, known as the 'Great Navigation Era.' However, challenges such as water and power shortages, political changes, environmental controversies, and public backlash continue to create obstacles for these investment plans. Semiconductor chips are crucial for entering the era of artificial intelligence (AI), and as countries around the world ramp up semiconductor construction, various issues arise that are difficult to tackle. Taiwan, Vietnam, South Korea, and Japan each face unique obstacles in their semiconductor industry development, ranging from energy supply concerns to infrastructure inadequacies and political opposition.
Source: YAHOO
Reported 11 months ago
South Korea's Finance Minister, Yoon Jae-nam, and Japan's Finance Minister, Toshimitsu Motegi, met in Seoul on June 25, 2024, to discuss strengthening the currency swap agreement that reached 100 billion US dollars to enhance financial stability between the two countries. The agreement aims to address the ongoing depreciation of the Japanese yen and Korean won. Following the 1997 Asian financial crisis, Japan and South Korea began using a currency swap agreement in 2001, which was reinstated last year after an 8-year hiatus and is set at a maximum of 100 billion US dollars. Both sides emphasized the need for vigilant policy actions to support economic growth and ensure financial stability.
Source: YAHOO
Reported 11 months ago
On June 25, 2024, Sanyang Industrial Chairman Wu Ching-yuan revealed the company's new three-year plan focusing on innovation and expansion, aiming to achieve breakthroughs in both the motorcycle and automobile business. The plan includes increasing the annual export volume of the self-owned brand SYM by over 10%, reaching a global sales target of one million vehicles, and striving to enter the top four in the market with Sanyang Hyundai. Sanyang achieved impressive results last year including market share growth in Taiwan's motorcycle market, significant sales increases for Hyundai cars, and high operational performance. The company plans to expand its market share in Taiwan's motorcycle industry, intensify efforts in electric vehicle markets, and target one million vehicle sales internationally within three years.
Source: YAHOO
Reported 11 months ago
GreTai Center has successfully promoted sustainable development bonds by actively providing case counseling, aligning market systems with international standards, and expanding the range of products to build a thriving sustainable development bond market. From the establishment of green bond regulations in 2017 to the end of 2023, Taiwan's bond issuance has grown at a compound annual rate of 39%, ranking seventh in the World Federation of Exchanges. GreTai plans to support government and businesses in enhancing sustainable competitiveness and continue to grow the sustainable development bond market with five measures, including supporting green building policies, assisting small and medium-sized enterprises in entering the market, and facilitating the issuance of bonds for carbon-intensive industries.
Source: YAHOO
Reported 11 months ago
Reported by Yuan Yanshou in Taipei on June 25, 2024, at 4:10 pm, the food giant BGF (1215) held a shareholders' meeting, achieving a record high profit in 2023 with an earnings per share (EPS) exceeding 7 yuan for the first time, and approved a dividend of 5.5 yuan. BGF mentioned that due to the downward trend in meat prices, the second quarter will be tougher this year. With the new instant food and soup production lines expanded last year expected to start operation in the first half of this year, the production volume of instant foods is set to double, further boosting revenue and profit growth.
Source: YAHOO
Reported 11 months ago
The manufacturing sector continues to thrive driven by opportunities in AI and other emerging technologies, with a business climate index of 99.73 in May, marking a six-month consecutive increase. The economic research institute of Taiwan revealed that the manufacturing sector reached its peak in 25 months, while the service and construction industries also showed a positive trend. The overall economic growth is expected to be over 3%, supported by strong AI exports and domestic demand, particularly in consumption and real estate sectors.
Source: YAHOO
Reported 11 months ago
Following last year's surge in revenue from India as Acer's top single-country source, this year's commercial PC market in India shows growth, while the consumer PC market continues to recover. Acer's Pan-Asia operations general manager Hou Zhiyuan is optimistic about the full-year performance in India, especially as subsidiary companies entering the Indian market have achieved success. Acer is expected to achieve a new high performance in the third quarter in India, with Canalys data showing Acer ranking second in the Indian PC market in the first quarter with over 470,000 shipments, surpassing 25% year-on-year growth and increasing market share by over four percentage points, reaching over 16%.
Source: YAHOO
Reported 11 months ago
In Taipei International Food Processing Machinery Exhibition at Nangang Exhibition Hall from June 26th onwards, Rheon from Japan, a 30-year expert in filling equipment, will showcase various new filling machines and demonstrate the 'hands-on' process of food and bakery production. With the impact of COVID-19, the global frozen bakery products market is expected to grow at a compound annual growth rate of 8.21% from now until 2027. To address challenges like preventing issues with frozen bread products during reheating, De'en, the Taiwan's top brand for automatic molding and filling machines, introduces innovative technologies such as the 'air-free' bread filling technology in its new CN511 filling machine to create thin-skinned, filling-rich bread satisfying consumers' taste buds.
Source: YAHOO
Reported 11 months ago
On June 25, 2024, former Deputy Governor of the People's Bank of China and former Deputy Managing Director of the International Monetary Fund (IMF), Zhu Min, stated that China has entered the ranks of high-income countries, with a shift in consumption patterns from basic necessities to luxury, development-oriented, and service-oriented consumption. Zhu emphasized the challenges posed by aging populations leading to reduced consumption of products, highlighting the importance of encouraging consumption among the age group of 22 to 60, who are the future main consumers in Chinese society. He also suggested a shift towards a more service-oriented economic structure and the provision of personalized services in healthcare, education, entertainment, and tourism.
Source: YAHOO
Reported 11 months ago
Nvidia briefly became the world's most valuable company last week but experienced a sharp drop in stock prices following three trading days, losing about $430 billion in market value and dropping to the third-largest company behind Microsoft and Apple. Despite this, analysts are optimistic about Nvidia's potential for the next two years, projecting a stock price of up to $200 in the next 12 months. Although Nvidia's stock price fell by 6.68% to $118.11 on June 24, it rebounded by 3.5% on June 25, driven by the upcoming shipment of the new Blackwell chips. Analysts believe this will lead to another growth cycle for Nvidia and its partners. With strong support from seven moats including visionary leadership, high barriers to entry in the chip market, and dominant market share, analysts recommend buying Nvidia shares at a low point.
Source: YAHOO
Reported 11 months ago
To excel in the chip war, countries like Japan and South Korea are investing heavily in infrastructure and technology introduction, competing in various fields from an industrial perspective. Both countries aim to develop new-generation technology and application products through semiconductor advancement to further drive the overall industry and technology ecosystem upgrade. Japan, with a strong semiconductor industry background, is particularly focusing on smart cars, smart home appliances, robots, and green energy sectors for future development. South Korea plans to establish a massive semiconductor cluster in Yongin City, with aims to create around 3.5 million job opportunities by 2026 and increase its global market share in other chips and processors from 3% to 10% by 2030.
Source: YAHOO
Reported 11 months ago
In the wave of AI, the combination of 'AI + camera' is becoming a new development trend for smartphone camera modules. Benefiting from the rise of Generative AI, the AI storm has also reached the smartphone sector. With more high-end products having a higher number of lenses, TrendForce predicts a slight increase in global smartphone camera lens shipments in 2024, up by 3.8% from 2023. The trend is towards smartphones with '49-64MP main lenses' and converging towards three rear lenses, with brands focusing on camera performance upgrades to drive consumer upgrades.
Source: YAHOO
Reported 11 months ago
In an editorial dated June 25, 2024, the National Development Council is currently focused on planning the four-year national development plan (2025-2028), aiming for balanced industrial growth while emphasizing semiconductor and artificial intelligence (AI) development. However, the editorial emphasizes the importance of annual economic development plans alongside the four-year plans, highlighting the need for flexibility to adapt to changing economic circumstances. Recommendations include reinstating annual economic development plans and goals, integrating national development plans with annual governance plans, and refraining from setting annual goals without corresponding plans.
Source: YAHOO
Reported 11 months ago
南科前四月營業額達5,703.09億元，年增24.39％，預估全年營業額再創新高；高軟園區前四月營業額32.5億元，創八年新高，受益於NVIDIA超級電腦中心設置。南科積體電路產業及高軟園區亦因AI需求增加而蓬勃發展，展望營運成長。
Source: YAHOO
Reported 11 months ago
Despite a 50% decrease in electric vehicle revenue in the first quarter, Viomi saw unexpected orders for low-orbit satellites with a growth of over 200% and increasing shipments of wire harnesses, which helped compensate for the EV revenue shortfall. With successful diversification, Viomi is expected to outperform the first half of the year in the second half. The company's revenue mix is projected to improve, with a strong performance anticipated for wire harnesses and low-orbit satellite orders continuing into the second half of the year.
Source: YAHOO
Reported 11 months ago
Taiwan Integral, a leading soft packaging manufacturer in Taiwan, has been focusing on developing and producing green environmental packaging with various equipment and technologies in recent years. By introducing new eco-friendly materials and technologies, they aim to diversify green packaging applications to meet the market's urgent need for sustainability. Taiwan Integral offers recyclable, biodegradable, and aluminum-free high barrier packaging, which not only reduces environmental pollution effectively but also boasts high efficiency and quality. Through the use of eco-friendly printing and bonding processes, they minimize energy consumption, air, and water pollution, striving to have minimal impact on the environment. With continuous efforts in environmental technology and high-quality product supply, Taiwan Integral has gained wide recognition and trust from customers worldwide, particularly in food, beverage, and medical cosmetic markets.
Source: YAHOO
Reported 11 months ago
据报道，2024年6月25日晚间，ChatGPT开发商OpenAI向大陆用户发出通知，从7月9日起将阻止来自非支持国家和地区的API流量。这意味着OpenAI将终止对大陆API服务。为此，阿里云百炼和百度智能云纷纷推出替代方案，如大模型替代和大模型普惠计划，以争取用户支持。
Source: YAHOO
Reported 11 months ago
Recently, the Taiwanese stock market has been experiencing high-level volatility, leading the Financial Supervisory Commission (FSC) to closely monitor the liquidity and capital adequacy ratios of the financial industry. As of the end of the first quarter, banks, securities firms, and insurance companies have shown strong financial metrics exceeding regulatory requirements, ensuring stable liquidity and capital adequacy. The FSC conducts periodic stress tests to assess the risk resilience of banks and continuously monitors the financial health of the market. Securities firms are required to maintain a capital adequacy ratio above 150%, while insurance companies are keeping their risks under control, with a focus on ensuring liquidity and adequate capital reserves.
Source: YAHOO
Reported 11 months ago
Concerns over food safety have been making headlines in Taiwan, where people prioritize both enjoying food and ensuring safety and health. Lunhua Linde, also known as Lunhua Gases, showcased the diverse applications of food-grade gases at the FoodTech Taipei event from June 26th to 29th, aiming to promote healthy eating, diverse ingredients, and clean sustainability. With Taiwan's food industry ranking as the eighth largest manufacturing sector and showing steady growth despite the pandemic, Lunhua Linde's high-quality gases and international equipment technology are set to enhance the nation's culinary landscape.
Source: YAHOO
Reported 11 months ago
European aerospace giant Airbus announced a reduction in profit and aircraft delivery forecasts for this year due to supply chain issues, leading to a significant drop in its stock price by over 12% to 130.5 euros, a seven-month low. This adjustment includes lowering the estimated pre-tax profit from 65-70 billion euros to around 55 billion euros, reducing free cash flow forecasts from 40 billion to 35 billion euros, and decreasing expected aircraft deliveries from nearly 800 to a maximum of 770. Airbus attributes the adjustments to challenges in the supply chain, delaying the expansion of A320 production targets until 2027, and facing additional cost pressures in its space system division. The company will release its half-year financial report on July 30, acknowledging the impact of commercial and technological challenges on its business.
Source: YAHOO
Reported 11 months ago
Fullsun Technology (5222), known for having the purest military stocks, reported revenue of 116 million in May 2024, a 4.88% increase from the previous year, and a cumulative revenue of 501 million from January to May, showing a significant 14.77% growth. With current orders worth around 1.25 billion, upcoming peak season for defense unit shipments, and a 30% increase in foreign orders, the company is expected to achieve record-high revenue and profits this year. Fullsun specializes in high-frequency, high-power amplifiers, and microwave technology modules, developing key components used in Taiwan's national defense. It is the first in Taiwan to provide solid-state PA and is now focusing on GaN ultra-high-frequency power SSPA development to replace TWT in the future. Its development aligns closely with Taiwan's defense policy emphasizing 'defense autonomy', with a comprehensive focus on microwave technology research and timely investment in defense applications. The company's main revenue comes from defense units, including an expected 30% growth from strategic cooperation with Israel. The defense industry, being less affected by economic cycles due to the global necessity of strengthening national defense forces, is highlighted by Taiwan's defense procurement spanning 20 years. Fullsun is poised to capitalize on this by expanding its manufacturing facilities. After nearly 25 years of dedicated efforts, Fullsun has become a strategic partner for the Taiwanese defense, particularly with the government's recent focus on defense autonomy. Its wireless microwave technology aligns with the defense strategy of 'asymmetric warfare' involving anti-missile, anti-landing, and drone applications, contributing to Taiwan's visible defense capabilities through continued efforts towards defense autonomy.
Source: YAHOO
Reported 11 months ago
GreTai Center plans to assist the Urban Renewal Center in issuing sustainable development bonds to fund the construction of social housing, aiming to achieve net-zero buildings and ensure housing justice in Taiwan. The Urban Renewal Center has already applied for a syndicated loan of 411.9 billion NT with Taiwan Bank, and is seeking to raise 1/3 to 1/2 of the amount through issuing sustainable bonds. The ultimate goal is to achieve an issuance size of over 200 billion NT in the coming years to support the country's urban development and social housing policies.
Source: YAHOO