Reported 8 months ago
Compiled by Huang Yanhong from South China Futures Advisory Department on June 19, 2024, at 4:10 PM. The semiconductor industry is predicted to enter a golden age in the next decade, especially with the expansion of automotive electronics and big data solutions, further driving innovation and growth in semiconductor technology. Utilizing Taiwan Futures Exchange's Semiconductor 30 Futures (SOF) provides trading opportunities with high volatility, strategic trading operations, and risk management tools for traders in the industry sector. With rapid advancements in AI and other digital technologies, the semiconductor industry showcases significant growth potential, with global semiconductor output expected to increase by 16% in 2024, and memory and logic semiconductor output projected to continue growing at a rate of 12.5% until 2025. Recent developments like Apple's AI system phone launch and Nvidia's stock split have maintained strong performance, with Nvidia surpassing Microsoft's market value and becoming the world's largest company by market capitalization, driving the Nasdaq Index to new highs. Analyzing the Nasdaq Index from a technical perspective, the index experienced oscillation and consolidation near the monthly line by the end of May, but after about a week of digesting selling pressure, it rebounded, crossed various moving averages, continued upwards along the 5-day moving average, frequently hitting new highs. Hence, the 5-day moving average can be seen as a support level, and as long as the index doesn't break below this support, there is a chance for continuous upward movement. In addition, FarEasTone establishing a 5G Metaverse accelerator, MassKo Biomedical receiving investment cooperation from Japanese companies, and the introduction of AR HUD for electric vehicles are covered, showing innovation and collaboration in various industry sectors.
Source: YAHOO
Reported 8 months ago
The leading Taiwanese home furnishing brand Euro Group, with the motto 'Life Starts with Ideas,' is investing 3.3 billion in constructing an international logistics center in the Sha Lun Industrial Park in Taoyuan. This center will be equipped with state-of-the-art automation production equipment, green and renewable energy facilities to create a differentiation competitive edge and provide high-quality living for consumers. The new smart factory will upgrade production processes with fault prediction, precision compensation, intelligent digital setting, and intelligent scheduling. By implementing automated warehousing systems, computerized inventory management, and database control systems, they aim to enhance inventory management, manpower integration, work efficiency, and uphold a zero-carbon emissions commitment through energy-saving and renewable energy equipment along with creating a conducive work environment for employees.
Source: YAHOO
Reported 8 months ago
Benefiting from new process assistance from Intel and other manufacturers, the recycled wafer industry leader, Zhongsha, is set to thrive. With Intel's successful production of the 20A process, the supply chain is beginning to provide recycled wafers, with potential future expansion to diamond discs aiding Intel's PowerVia crystal back power supply technology. As the industry moves towards 2 nanometers, Zhongsha, a recycled wafer manufacturer in Taiwan, is expected to excel alongside major American and Taiwanese companies as the demand for advanced technology increases.
Source: YAHOO
Reported 8 months ago
The EU will start imposing tariffs on electric vehicles from Mainland China starting July 4, prompting strong dissatisfaction from China. Vice Premier of China's State Council Ding Xuezhang criticized the EU's move as typical protectionism, not beneficial to the EU's green transition, and emphasized China's firm determination to safeguard its legitimate interests. Suggestions were made for China to consider raising temporary tariffs on imported large-displacement gasoline vehicles to 25%. The article also discusses the potential retaliation actions from China in response to the EU's tariff increase on Chinese electric vehicles, highlighting the impact on global climate change cooperation and trade relations between the two regions.
Source: YAHOO
Reported 8 months ago
On June 19, 2024, the Taiwan stock market hit a historical high, with 38 Taiwan Stock Exchange-traded funds (ETFs) also reaching new highs. Among the top ten Taiwan Stock Exchange prototype ETFs in the past month, semiconductor ETFs dominated, with the New Taiwan Semiconductor 30 ETF (00904) showing the best performance, followed by the Fubon Technology ETF (0052) and the Fubon Taiwan Semiconductor ETF (00892). Analysts highlighted the strong performance of technology stocks and the semiconductor industry, recommending investments in semiconductor or technology ETFs to capitalize on the bullish trend of the Taiwan stock market.
Source: YAHOO
Reported 8 months ago
Sun Binxun/Taipei report on June 19, 2024, at 4:10 p.m., the chairman of An Tai Bank, Yu Yuqi, stated during the shareholder meeting that the bank will focus on both business development and financial stability in the second half of the year, emphasizing three core points: optimizing asset portfolio, channel operations, and deepening risk management. The shareholders approved a cash dividend of 0.38 yuan per share, continuing the tradition of 14 years of consecutive dividend payouts. Yu mentioned strategies to balance business growth, enhance brand value, and strengthen risk governance and human capital to ensure sustainable growth and improve customer experience.
Source: YAHOO
Reported 8 months ago
On June 19, 2024, 4:10 PM, Ding Jia Energy Co., Ltd., specializing in hydrogen purification and recovery as well as hydrogen safety management, with a team of experts from ITRI, has secured the SEMI S2 certification. Their electrochemical hydrogen purification and recovery equipment can purify and recycle process emissions for reuse or power generation, emphasizing environmental protection, energy conservation, and carbon reduction benefits. In 2023, they also introduced the DHC convective hydrogen remover, which safely converts hydrogen into water vapor at room temperature without the need for electricity, thus avoiding the danger of hydrogen accumulation and explosion. For more details, refer to the Business Times article covering topics like the Taiwanese stock funds, Far EasTone establishing a 5G metaverse accelerator, and the ongoing support for TSMC’s dominance.
Source: YAHOO
Reported 8 months ago
法商Schneider Electric宣布與NVIDIA合作，推出AI資料中心參考設計，重新定義資料中心生態系中部署和運行AI的基準，成為產業革新的重要里程碑。施耐德電機將針對NVIDIA加速運算叢集推出尖端資料中心參考設計，致力於提供必要的工具和資源，幫助基礎設施導入AI解決方案，並確保設備可靠運行，以推動各產業的創新和數位轉型。
Source: YAHOO
Reported 8 months ago
Guo and Tian/Taipei report on June 19, 2024, at 4:10 PM. Property Hoarding Tax 2.0 is set to be implemented next month, with a 4.8% heavy tax on developers' luxury houses and unsold properties, prompting a quick sale of such properties. Real estate agents have noted a rise in transactions of luxury properties held by developers for over five years since the approval of the Property Hoarding Tax 2.0. Developers are rushing to sell these properties to reduce holding costs before the new tax policy takes effect.
Source: YAHOO
Reported 8 months ago
Persimmon Garden Agricultural Biotechnology Co., Ltd. is pioneering the use of their self-developed 'SES ultra-energy-saving agricultural produce drying technology/equipment,' which can dry natural fruits and vegetables for over 8 hours while preserving their nutrients and color, allowing them to be stored for over a year at room temperature. This innovation, which meets the definition of 'raw food,' eliminates the need for salt, colorings, flavorings, and additives, making it a boon for the pet industry. By significantly reducing drying time and minimizing browning effects, this technology is a game-changer for producing nutritious dry ingredients for various pets quickly and efficiently. The company aims to widely promote this patented equipment to support the global goal of net zero carbon emissions by 2050.
Source: YAHOO
Reported 8 months ago
In Taipei, on June 19, 2024, at 4:10 PM, the Taiwan Stock Exchange Board approved the listing applications of WeLiSi (6988), JSTJ (6958), Tainew Pharma (6838), and Kangpei* (6919). Following the regular stock release procedure, these four companies are expected to be listed for trading before the end of this year. WeLiSi will be listed on the Innovation Board and is currently not traded on the OTC market, while the other three will be listed on the main board. Kangpei* and Tainew Pharma applied for listing as technology companies.
Source: YAHOO
Reported 8 months ago
CHENG YI 公司推出的 CNC 内孔车刀具有耐用性强、30秒快速换刀的设计，提升了生产线的高效运转。通过引入德国五轴磨床生产设备和全球领先品牌的技术，他们力求提供解决方案。该产品不仅在耐用性方面领先于国内企业，还超越了国际大品牌，成为生产线的理想助手，解决了刀具更换过程中的繁琐问题。
Source: YAHOO
Reported 8 months ago
Tigerair Taiwan Chairman Chen Han-ming announced that the airline's performance in the first quarter of this year exceeded expectations, achieving a new high in profit, surpassing industry averages in key ratios, and clearing all accumulated losses from the pandemic period. With the optimistic outlook on travel demand and expected significant profit increase this year, the company is planning to apply for a transfer to the main board in the second half of the year after being listed on the emerging board for a year. Tigerair Taiwan is currently the leader in the aviation sector with a strong route network and strategic operational enhancements.
Source: YAHOO
Reported 8 months ago
The Industrial Zone Manufacturers' Association held its 9th and 13th joint board of directors and supervisors' meeting at the Grand Hotel in Kaohsiung on June 19, 2024. Former Vice Premier of the Executive Yuan, Shen Rongjin, was appointed as the Chief Consultant during the meeting. The association's Chairman, Lai Bao-si, expressed gratitude for the support received during his term and highlighted the focus on achieving carbon neutrality and smart transformation to enhance competitiveness among member factories. Various agenda items were approved during the meeting, including financial reports, the appointment of Shen Rongjin, amendments to the constitution, and election procedures for board members and supervisors.
Source: YAHOO
Reported 8 months ago
On June 19, 2024, US May Consumer Price Index (CPI) stayed flat compared to April, with a 3.3% year-on-year increase, lower than economists' forecast of a 0.1% monthly increase and 3.4% annual increase. Market expectations for a Fed rate cut in September rose to 70% according to Fed fund futures. Once the Fed cuts rates, it will bring a bullish market to the bond market, with long-term bonds being the most advantageous. Investment-grade bonds are in a historically significant discount position, creating a prime opportunity for bond purchases. KGI Funds suggests that cooling inflation and rising rate cut expectations will benefit bond investments across various credit ratings. It is recommended that investors take advantage of the current relatively high yields before the interest rates start to decline.
Source: YAHOO
Reported 8 months ago
Taipei, 19 June 2024, 1:10 PM - Taiwan Calcium Titanate Technology Corporation focuses on developing third-generation calcium titanate solar cell technology, providing integrated solutions for materials, processes, equipment, and applications. Their calcium titanate solar panels can be made into semi-transparent films by adjusting material formulas, exhibiting high transparency characteristics suitable for both power generation and lighting applications in areas such as building materials like glass curtain walls and agricultural photovoltaic systems. The recent successful integration into self-powered IoT applications is expected to promote the development of smart cities and smart homes. In other news, Taiwan's 73 administrative districts experience an over 10% annual increase in housing prices, with expectations for a strong year-end performance in the stock market and economic recovery post-pandemic, as Australia's central bank plans to phase out quantitative easing as early as February next year.
Source: YAHOO
Reported 8 months ago
Recent positive developments for MediaTek (2454) have driven its stock price to a historic high of 1,485 NTD on June 19, 2024, with a 54.6% increase since the end of April. Samsung is set to use MediaTek's Tianji 9300+ processor in their flagship Galaxy Tab S10, and MediaTek's subsidiary, Dafatech, has invested in Jiyang. MediaTek's May revenue reached 42.151 billion NTD, a 33.53% annual increase, and the total revenue for January to May amounts to 217.637 billion NTD, a 39.9% annual increase. With the trend of AI development, MediaTek is focusing on integrating generative AI into its end products, with plans to release the latest Tianji 9400 chip in the fourth quarter. The international news also pointed out that Samsung, faced with rising chip manufacturing costs, will use MediaTek's Tianji 9300+ processor for the first time in the Galaxy Tab S10 flagship tablet.
Source: YAHOO
Reported 8 months ago
南山人壽董事長尹崇堯表示，受美國高利率影響，保單解約率攀升至逾2,000億元，但南山去年保費收入加投資淨收益逾4,600億元，不會有流動性問題。解約金主要來自股市漲勢、ETF熱賣、高利定存吸引資金移轉，南山目前無現金流動性疑慮。南山也公布了CSM（合約服務邊際）的目標，去年達到550億元，今年目標600億元，未來希望每年超過600億元。
Source: YAHOO
Reported 8 months ago
With the EU taking the lead in implementing the Carbon Border Adjustment Mechanism (CBAM), it may reshape global trade patterns and drive various governments to adopt climate change policies and measures. There is a growing trend towards net-zero transformation globally, with Taiwan implementing laws to support companies in reducing carbon emissions by mandating greenhouse gas inventory disclosure and reduction strategies. Companies in Taiwan are advised to adapt and plan for carbon reduction strategies amid the emergence of new regulations and trends to enhance their green competitiveness.
Source: YAHOO
Reported 8 months ago
On June 19, 2024, the central bank in Taiwan auctioned 2-year certificates of deposit amounting to 25 billion NT dollars with an average weighted interest rate of 1.461%, the highest in over 21 years since February 2003. The market remains cautious about inflation, and opinions on future rate hikes vary, causing the auction for certificates of deposit to be lackluster. With only 569 billion NT dollars attracted for bids, the bidding multiple was 2.28 times, lower than the previous 2.71 times, indicating market apprehension towards potential rate hikes in the third quarter.
Source: YAHOO
Reported 8 months ago
Far East Commercial Bank held its shareholders' meeting on June 19, 2024, announcing a dividend distribution of 1.012 NTD per share for 2023, consisting of 0.506 NTD cash dividend and 0.506 NTD stock dividend with a payout ratio of approximately 98%. The bank elected its 12th board of directors, reported a 7% increase in total assets and net worth in 2023, achieved a new record profit of 4.17 billion NTD, and showcased strong performance in wealth management and digital finance. Far East Bank aims to continue its sustainable growth strategies and maintain a strong financial position.
Source: YAHOO
Reported 8 months ago
The 2024 Tang Prize in Biopharmaceutical Science was awarded to scientists Joel F. Habener, Jens Juul Holst, and Svetlana Mojsov for their discovery of GLP-1 (7-37) as an insulinotropic factor and the development of anti-diabetic and anti-obesity drugs based on GLP-1 (7-37), benefiting millions worldwide. This recognition highlights their successful translation of basic research into pharmaceuticals, making significant contributions to human health by elucidating the role of GLP-1 (7-37), a gut hormone, in triggering insulin release and its therapeutic potential in diabetes and obesity treatment.
Source: YAHOO
Reported 8 months ago
Indian equity funds have achieved outstanding investment returns in the first half of the year, with expectations of continuous growth due to Prime Minister Modi starting his third term and the continuation of related policies maintaining market momentum. Positive economic performance in India has led to increased growth forecasts by various institutions, reflecting optimistic views on India's economic prospects. With India becoming a new global manufacturing hub and ongoing investments from international corporations, the Indian stock market is viewed positively for the medium to long term.
Source: YAHOO
Reported 8 months ago
On June 19, 2024, the Taiwan stock market saw a significant increase as funds poured in, with the weighted index closing at 23,209 points and reaching a historical high of 23,275 points during the day. NVIDIA's market value took the global lead, with foreign investments totaling 666 billion NT dollars over two days. The four major AI-weighted stocks, including TSMC, Hon Hai, MediaTek, and Quanta AI, surged, contributing to a collective increase in market capitalization of 1.27 trillion NT dollars. The market value of the top 50 stocks in Taiwan rose to a new high of 4.19 trillion NT dollars, reflecting the market's overall bullish trend.
Source: YAHOO
Reported 8 months ago
On June 19, 2024, despite the negative performance of the Gre Tai Securities Market Index, 12 stocks, including companies like Signen, Sunetics, Zhitong, and New Renaissance, reached historic new highs, predominantly driven by strong business performance that attracted market attention. These small and medium-sized stocks are seen as having a more concentrated and stable shareholder base, offering resilience and growth potential in challenging economic conditions. Among the stocks that reached new highs were companies from various sectors such as technology, biotechnology, and digital cloud services, showcasing the diversity of the market's bullish sentiment.
Source: YAHOO