Reported 11 months ago
On June 24, 2024, at 4:10 pm, Cathay United Bank in Taipei was awarded the Second Edition Elderly-Friendly Award in the banking service category for its outstanding performance in providing heartwarming and convenient services tailored for the elderly. The bank has been actively promoting elderly-friendly financial services such as priority call services, friendly counters with seats equipped with magnifying glasses, enlarged forms, and more to cater to the needs of senior customers. Additionally, they offer home services for customers with mobility issues and have trained 66 employees to become 'Elderly Financial Planning Consultants.' The bank also focuses on creating a dementia-friendly environment and has initiatives like direct phone lines for the elderly and a smart customer service assistant named 'Wallet-Kun' for voice-activated banking assistance. Cathay United Bank continues to enhance their services to be customer-centric and elderly-friendly, striving to be a trusted financial partner for all customers.
Source: YAHOO
Reported 11 months ago
Since acquiring the management rights from its major shareholder in June 24, 2024, Huajian (2530) has seen a transformation in operations, not only issuing dividends for three consecutive years but also expanding its projects beyond Taipei City to include high-speed rail stations. With an estimated completion of total housing units reaching NT$41 billion in the next three years, Huajian is poised for growth in the railway economy. The company is on track for success with recent completed projects and upcoming developments, highlighting a positive outlook for the future.
Source: YAHOO
Reported 11 months ago
After the market surged past 23,000 points, there was a short-term correction. Public banks pointed out that investors are becoming cautious at current high levels, with the quarter-end approaching. The strategy now is to focus on weeding out weaker investments and keeping the stronger ones. Despite a 1.89% drop on the 24th, financial stocks rose, indicating a strong stance and steady financial stocks' role in stabilizing the market during corrections.
Source: YAHOO
Reported 11 months ago
In response to achieving global net zero emissions by 2050, the semiconductor industry plays a vital role, aiming to develop professionals who can assist in carbon reduction and contribute to the industry's growth while meeting carbon neutrality goals. Through a joint effort between SEMI International Semiconductor Industry Association, GESA Green Energy and Sustainable Development Alliance, and ITRI Industrial Technology Research Institute, the 'ITRI × SEMI Net Zero Sustainable Professional Talent Training' program is designed based on the Carbon Emission White Paper released by the Semiconductor Climate Coalition in 2023. The 36-hour course covers global net zero trends, ESG operational performance, practical application of mainstream carbon management digital platforms, and other key issues, aligning with SCC's carbon reduction pathway and featuring international and local experts. Participants who complete the full series and pass certification exams will receive dual certificates from ITRI and SEMI, with course hours being eligible for director and supervisor training credits.
Source: YAHOO
Reported 11 months ago
雷虎科技及雷虎生技於股東會後介紹新產品，並表示將參加美國AUSA展，爭取無人機訂單。雷虎科董事長展望營運表現樂觀，計劃拓展海外客戶、與國內廠商合作，並積極參與國防部無人機標案。此外，雷虎科已租用廠區擴大生產。
Source: YAHOO
Reported 11 months ago
Provided by Fubon Futures analyst Cao Fukai, Huang Yanhong summarized on June 24, 2024, at 4:10 PM, with Taiwan stocks continuing their upward trend by 748 points last week. The technical aspect displayed a large deviation. After the short-term rise of Taiwan stocks, margin financing hit a new high of 315.2 billion yuan. Attention should be paid to possible high-level adjustment selling pressure in shipping futures in the short term. Key international financial events this week include the first presidential debate for the 2024 election in the United States and the release of the latest PCE report by the U.S. Department of Commerce on Friday, where the market forecasts a slowdown in the core PCE annual growth rate from 2.8% in April to 2.6%. The current slowdown in the U.S. core PCE indicates a possible first round of rate cuts occurring in September. Observing the news, as the peak season approaches, various shipping companies have announced price increases. However, with the ceasefire agreement in Ha, leading to a decline in the main contract of the Shanghai-Europe Line Transportation, affecting the stock performance of the top three container shipping companies. Despite the stabilization of the Shanghai-Europe Line Transport contract, shipping index futures are still consolidating at a high level, leaning towards weakness in the short term. Technically, the shipping index spot price has been oscillating at a high level since the 11th, still facing resistance above if it fails to break the previous high, and therefore, technical operations should be carried out in line with the trend. Taiwan Futures Exchange's shipping futures are designed as small-sized contracts, with an original margin of 15,000 yuan per lot, facilitating traders to use futures more flexibly as a hedging or trading auxiliary tool.
Source: YAHOO
Reported 11 months ago
Starting from 2015, Taiwan Cooperative Bank has been actively practicing corporate social responsibility by donating recycled computers to schools and family support centers in remote areas. The initiative aims to help disadvantaged groups improve their digital skills, reduce the urban-rural digital gap, and achieve sustainable resource reuse. By meticulously preparing and testing each donated computer, the bank ensures their effectiveness and stability for long-term use, contributing to environmental sustainability. As of June 2024, the bank has donated a total of 364 recycled computers, reducing approximately 167.44 metric tons of carbon emissions. Through these donations, Taiwan Cooperative Bank not only provides needed hardware support to underprivileged families but also helps children access equal education and multi-faceted development opportunities, ultimately promoting environmental sustainability and narrowing the digital divide between urban and rural areas.
Source: YAHOO
Reported 11 months ago
Taipei, July 2nd marked the start of a series of self-organized investor conferences held by four listed companies at the Taiwan Stock Exchange, with Ruantaicai (8463) taking the lead, followed by Dalukuo (1432) on the 11th, Ruantaquan (2915) on the 23rd, and Yuzhan (8271) on the 26th. The Taiwan Stock Exchange aims to enhance transparency in financial information and provide investors with better access to corporate information, requiring all listed companies in the country to hold or participate in at least one investor conference annually. As of now, a total of 1,199 investor conferences have been conducted by domestic listed companies (excluding the Innovation Board) this year.
Source: YAHOO
Reported 11 months ago
Franklin Templeton's investment team emphasizes the importance of 'active stock selection' amidst frequent record highs in US stocks, with many quality companies currently undervalued due to short-term factors masking their long-term growth potential. While economic strength and moderate inflation favor stock and bond market performance, Franklin recommends 'active selection' and 'dynamic balanced allocation' strategies to navigate the challenges of high stock valuation and narrow bond spreads. By adopting a dynamic asset allocation approach, Franklin aims for a balanced stock layout, pursuit of bond market returns with quality, and competitive and consistent yield opportunities.
Source: YAHOO
Reported 11 months ago
Taiwan Futures Exchange held its shareholders' meeting on June 24, 2024, passing a dividend distribution of 3.35 yuan per share along with other proposals. The meeting also included the election of 11 board directors and 3 supervisors. The exchange reported a net profit of 3.052 billion yuan last year, with an earnings per share of 5.59 yuan. The exchange chairman outlined five key business focuses for the second half of the year, including the introduction of micro TAIEX futures and small ETF futures, market surveillance enhancements, overseas investment attraction, and sustainable development efforts in line with the 2050 net-zero transition goal.
Source: YAHOO
Reported 11 months ago
Yi Group launched the high-end luxury brand 'Dawn' series investment layout, with the first 'Dawn-Listening to Green Island' setting foot in Xiaoliuqiu, Pingtung. Following Yi Group's Yi Cultural Tourism and Yi Hotel, the company plans to invest 3 billion in the next three years in the high-end luxury brand 'Dawn' series. The 'Listening to Green Island' is expected to operate in the fourth quarter of next year, with additional 'Dawn' series branches planned for Renyitan in Chiayi, Chishang in Taitung, and Alishan in Chiayi.
Source: YAHOO
Reported 11 months ago
During his visit to China on June 24, 2024, Polish President Andrzej Duda met with Chinese President Xi Jinping before the introduction of tariffs on Chinese electric cars in Europe. China announced a unilateral visa-free policy for Polish citizens on the same day. President Xi emphasized the importance of enhancing cooperation in various fields and ensuring a fair and non-discriminatory business environment for Chinese enterprises in Poland.
Source: YAHOO
Reported 11 months ago
Established in 2003, Campro Precision Machinery has been dedicated to providing high-quality CNC machine tools. In 2023, their NTM-308S composite processing machine and NU 1250 upright five-axis tool machine won the Taipei International Machine Tool Show's 'Research and Development Innovation Product' award, showcasing their excellent technological strength. Emphasizing customer needs, they offer comprehensive solutions, with the brand 'CAMPRO' marketed globally, symbolizing their efficient work ethic. Actively adapting to market demands, Campro provides ESG-optimized equipment to enhance industry value. They focus on digitalization, introducing tools like ERP systems, PDM, MES, and MTTS to reinforce after-sales service efficiency and ensure product quality consistency. Smart manufacturing achieves plant visualization and data analysis, aiming to improve production efficiency. Their digital transformation aims for comprehensive digital management, streamlining internal processes, with hopes to extend to the supply chain and clients, ultimately enhancing product quality and production efficiency. Additionally, they focus on modular design and electromechanical integration in R&D, developing high-value machine tools to boost market competitiveness. By pushing ESG-optimized equipment and using advanced technologies like electromechanical integration simulation, Campro reduces trial-and-error costs and resource waste during product development and manufacturing, ultimately striving towards green manufacturing and sustainable development.
Source: YAHOO
Reported 11 months ago
Several non-life insurance companies are launching exclusive insurance policies for electric vehicles starting on July 1st, with premiums expected to increase by an average of 5-10%. The actual rate hike varies depending on the vehicle type and additional terms, and car owners are advised to calculate the rates on the official websites. Major insurance companies like WangWang Insurance, Cathay Insurance, Shin Kong Insurance, Mingtai Insurance, and Taian Insurance are planning to introduce these exclusive electric vehicle policies. Despite some electric vehicles having higher loss ratios, most remain within acceptable ranges. After the rollout on July 1st, electric vehicles will be required to have their own specific insurance policy and cannot be insured under regular car insurance policies. Insurers predict that the quotes for electric vehicle insurance policies will remain competitive, as rates are adjusted based on the accumulating underwriting data in this emerging market.
Source: YAHOO
Reported 11 months ago
The Bank of Japan (BOJ) released the minutes of its June monetary policy meeting, where discussions on further interest rate hikes and reducing bond purchases took place. This led to speculation that the July meeting could mark a turning point in BOJ's monetary policy, pushing Japan's 10-year bond yield closer to the 1% level. While the BOJ maintained its 0.1% benchmark interest rate in June, concerns over rising costs potentially leading to inflation deviating from forecasts were raised, prompting considerations for adjusting the loose monetary policy. Although there were differing opinions among the board members on the timing of policy normalization, the meeting indicated a plan to announce detailed reduction in bond purchases at the next meeting in July.
Source: YAHOO
Reported 11 months ago
On June 24, 2024, the Stone Resource Center partnered with the Taiwan Stone Mining Products Industry Association to present a theme of 'Aesthetic Earth, Build the Future,' featuring seven natural stone product manufacturers including Hualien Tongda Marble, Qiyu Stone Industry, Dongxing Mingshi, Gaoyang Yishi, Yixun Enterprise, Zhenyi Marble, and Xinying Enterprise at the 2024 Taiwan International Interior Design Expo. The exhibit showcased nearly 70 innovative natural stone products, demonstrating the craftsmanship and creativity applied to create high-quality items like furniture, household goods, and building materials, promoting the versatility and eco-friendliness of natural stone.
Source: YAHOO
Reported 11 months ago
After acquiring a foothold in the US market through mergers, the biotech leader Purzer has also initiated alliances with Taiwanese pharmaceutical companies to compete internationally. Purzer announced on June 24, 2024, that they will be manufacturing the recently approved ophthalmic drug APP13007 from TSC, and together they aim to capture a $1.3 billion ophthalmic post-operative medication market annually in the US. This collaboration combines TSC's drug technology expertise with Purzer's manufacturing capabilities, showcasing Taiwan's strengths in new drug development and exportation.
Source: YAHOO
Reported 11 months ago
In an interview on June 24, 2024, at 4:10 p.m., the Chairperson of the National Science and Technology Center, Wu Cheng-Wen, announced plans to aid the acceleration of digital transformation and smartification for startups and small to medium-sized enterprises, aiming towards international supply chain development. This aligns with the crucial policy of 'Balancing Taiwan.' Wu highlighted the need to balance the rapid development of Taiwan's technology industry and assist traditional industries and various sectors in achieving balanced and rapid growth, emphasizing regional and industrial equilibrium, not just focusing on the technological aspect. Efforts include promoting international cooperation, particularly with countries in the 'New Southbound Policy,' facilitating industry development, and collaboration among small to medium-sized enterprises. Wu also mentioned ongoing efforts to draft an 'AI Basic Law' to encourage AI's safe and ethical application while protecting human rights and privacy.
Source: YAHOO
Reported 11 months ago
XINYA Electronics held a shareholder meeting on June 24, 2024, with Chairman Lee Ke-Chu stating a strong financial performance in 2023 with revenue reaching 14.1 billion NTD and net profit of 6.4 billion NTD, marking a 'bumper year.' Looking ahead to 2024, XINYA's revenue and profit are expected to surpass 2023, mainly driven by overseas licensing with the strongest growth in Southeast Asia. The company's overall operations are moving towards positive growth, leveraging AI technology in game art design and programming. XINYA also approved a dividend policy offering cash dividend of 35 NTD and stock dividend of 10 NTD, indicating readiness for future growth by increasing authorized capital to 5 billion NTD. Southeast Asia has seen rapid growth, becoming XINYA's top market in the first five months of the year. Taiwan ranks second in market share.
Source: YAHOO
Reported 11 months ago
In Taipei on June 24, 2024, the Chinese tech giant ByteDance is collaborating with the American chip designer Broadcom to develop a custom ASIC chip for AI acceleration, to be manufactured by TSMC. This partnership helps ByteDance secure high-end chips amidst US-China tensions, following US export restrictions on advanced semiconductors in 2022. Although the chip design is progressing well, it's unlikely that TSMC will start mass production this year. The collaboration aims to reduce procurement costs and ensure a stable supply of high-end chips for ByteDance's AI services, such as the ChatGPT-like chatbot 'DouBao' with 26 million users. Both ByteDance and TSMC declined to comment on the cooperation.
Source: YAHOO
Reported 11 months ago
Due to predictions of a 9% year-on-year iPhone shipment increase to 228 million units next year, industry insiders expect Largan, a major supplier, to benefit significantly, potentially becoming the biggest beneficiary in the camera lens sector. Despite a 439-point drop in the Taiwan stock market on June 24th, with most electronic stocks showing weakness, Largan (3008) and Crystalwise (3406) continued to rise thanks to Apple-related news. Largan's May consolidated revenue increased by 32.73% year-on-year to 3.486 billion NTD, and Crystalwise's May revenue grew by 110.9% year-on-year, despite a 17.1% month-on-month decline. Both companies are expected to perform well with the upcoming launch of new smartphone models and the increasing demand for edge AI technology.
Source: YAHOO
Reported 11 months ago
Chang Hwa Bank responded to the government's urban renewal and buildings for old and dangerous building reconstruction policies by accelerating the pace of urban renewal and reconstruction. After the completion of the renovations at Beimen and Tianjin Street, construction on the completion of the building project began on June 24, 2024. This project marks another milestone in urban renewal, public bank asset utilization, and contributes to overall city development and changing times. The new building will be a modern and timeless structure symbolizing wealth accumulation, aligning with the city's landmarks and aiming to enhance the business district and beautify the cityscape.
Source: YAHOO
Reported 11 months ago
Sheng Hui* (5536), a leading company integrating clean rooms and electromechanical engineering, anticipates a strong performance this year with hand orders exceeding 33 billion yuan, driven by the growth of AI and 5G technologies leading to increased demand in servers, data centers, and semiconductors from major companies, along with the benefits of a diversified supply chain layout. With orders being continuously recognized, Sheng Hui* remains optimistic about its operational outlook for the next two years. The company is actively integrating resources from its subsidiaries and investing in various areas to enhance vertical and horizontal integration, with an estimated investment of around 10 billion yuan.
Source: YAHOO
Reported 11 months ago
In the future of the chip industry, South Korea's perspective differs from that of the United States and its allies. Due to the US strategy to distance itself from 'Made in China,' South Korea, with companies like Samsung and SK Hynix, is feeling the impact, especially with the US's Chip Act resulting in decline in rankings and production. In response, South Korea aims to surpass TSMC and win the 'chip war' by strengthening its semiconductor industry through initiatives like creating the world's largest semiconductor cluster with companies like Samsung and SK Hynix in Icheon.
Source: YAHOO
Reported 11 months ago
Developed by Li Hanmin on June 24, 2024, at 4:10 PM, Xin Cheng Magnesium (6934), an internationally recognized expert in nebulizer solutions, launched on the Emerging Stock Market with a focus on developing medical nebulizers. Their innovative vibrating mesh nebulization technology can nebulize high-value therapeutic drugs, both small and large molecules, including solutions, suspensions, and highly viscous drugs. Their products have obtained medical device approvals in several countries, with their second-generation nebulizer AdheResp Series featuring breath detection and automatic adjustment of nebulization output. Xin Cheng Magnesium's nebulizers have garnered attention from international pharmaceutical companies, with collaborations such as exclusive sales agreements with Abbott and assisting in developing new antibiotic nebulizer drugs. They aim to launch self-developed drug-device combination products to treat rare diseases like cystic fibrosis in the US market by 2027-2028, following the FDA's 505(b)(2) approval process.
Source: YAHOO