Reported 11 months ago
Due to inventory adjustments in the European market, touch panel manufacturer Fu Ching Tang (3623) had a 26.36% decrease in revenue in the first five months of 2024. In response to rising material prices, the company plans to increase the prices of resistive touch panels by 20%-50%. With new orders in the second half, they are expected to turn losses into profits. The company also introduced price adjustments and new products, focusing on improving profitability and revenue growth in the coming months.
Source: YAHOO
Reported 11 months ago
On June 23, 2024, at 4:10 PM, Taipei Caesar Park Hotel combined its ESG concept with green travel, showcasing the hotel's emphasis on social responsibility and environmental sustainability. Inspired by the last trip of a departing couple, the concept aimed to overturn the negative perception of farewells and promote the idea that every stage of life can be made beautiful through travel and environmental protection, leading to the message 'Travel Makes the World Better.' Deputy Marketing and PR Manager Chiu Pei-fang of Taipei Caesar Park Hotel expressed the hotel's dedication to eco-friendly travel and green sustainability, highlighting initiatives like water resource recycling and reduction in disposable item usage to minimize carbon footprint. The hotel's participation in the ESG video competition showcases its commitment to ESG education and sustainability efforts.
Source: YAHOO
Reported 11 months ago
In an interview on June 23, 2024, at 4:10 pm, Chairman Wang Jiahuang of VisEra emphasized the company's focus on technological superiority and global expansion to adapt to the changing semiconductor supply chain globally and the rise of mainland Chinese factories. Wang stated that VisEra, with its advanced technology, is strategically positioned to address the increasing demand for testing interfaces in China, where the semiconductor industry is progressing from upstream IC design to packaging and testing. Despite mainland China lacking access to advanced semiconductor equipment, Chinese factories have been utilizing intermediate processes to gradually advance to higher-level chip production. VisEra maintains a competitive edge with its focus on high-end technology and advanced processes, and continues to cooperate with high-tier logic chip customers in China. Through its quick delivery services and global layout, VisEra ensures customer satisfaction and stays ahead in the ever-changing semiconductor market landscape.
Source: YAHOO
Reported 11 months ago
Due to the impact of industries such as technology, real estate, and tutoring reducing recruitment, college graduates in China are facing an increasingly challenging job market. As of mid-April, over half of college graduates had not secured employment. Only 47.8% of graduates received job offers, a decrease of 2.6 percentage points from the same period in 2023. Factors such as increased government regulation in various industries have contributed to the decline in job opportunities for graduates. The demand for stable jobs in state-owned enterprises is increasing, while interest in private enterprises is waning among graduates.
Source: YAHOO
Reported 11 months ago
According to Paulsen Perspectives, an investment strategy team, Walmart's signal for a recession, developed by Jim Paulsen, has successfully predicted two economic downturns in the past. Although the signal has risen to its highest level since 2020, it indicates a soft landing for the US economy rather than a recession. Walmart's signal compares Walmart stock prices with the S&P Global Luxury Index to track changes in consumer shopping patterns, showing that when the economy slows down and the risk of recession increases, consumers prefer cheaper goods over expensive ones. The signal has proven accurate in the past, and if it continues to rise, investors will need to start worrying about the risk of recession.
Source: YAHOO
Reported 11 months ago
Provided by Yuanta Futures analyst Kao Ping-hung and compiled by Huang Yen-hung on June 23, 2024, the afternoon statement after the June Fed meeting observed a gradual clarification of the U.S. monetary policy direction towards loosening, with an expected rate cut in September, leading to loose funds being injected into the financial market, pre-reflected in the stock market. Despite Japan's strong exports, the yen remains weak, with May exports reaching a new high since November 2022, growing by 13.5% year-on-year for the sixth consecutive month, surpassing economists' expected 12.7%. However, due to a significant increase in imports causing a trade deficit, the yen depreciation hinders export-oriented inflation from becoming consumption-oriented inflation, leading to domestic price increases. Although BOJ Governor Haruhiko Kuroda believes in an early interest rate hike due to weak consumption, the yen continues to weaken. International exchange rate fluctuations further impact stock and bond market volatility; investors interested in currency fluctuations may consider trading currency futures introduced by the Taiwan Futures Exchange.
Source: YAHOO
Reported 11 months ago
Chen Feng-Feng, General Manager of China Trust Securities Investment Advisory, analyzed the market on June 23, 2024, at 4:10 pm: With the Taiwan stock market surging steadily since February, reaching over 23,000 points in June, key tech stocks like TSMC, Foxconn, and MediaTek are leading the way. Companies issuing corporate bonds are abundant, possibly due to market positions. The recent volatility in the Taiwanese and US stock markets has been influenced by NVIDIA's AI supply chain. Investors need to watch for leverage changes in positions and market conditions to navigate current risks and opportunities.
Source: YAHOO
Reported 11 months ago
The Ministry of Commerce in Mainland China has canceled 134 items from the ECFA early harvest list that enjoyed zero tariffs, affecting Taiwanese tool machinery and component industries. In response, companies like Eastern United, Yujia Group, Taichung Precision Machinery, Yongjin, Cheng Tai Group, Gaofeng, Longzetech, and Shangyin, who have factories in China, are speeding up their investments. This move is due to the potential market opportunities post-recovery. The impact includes vertical CNC lathes, horizontal CNC lathes, CNC surface grinders, closed-die forging machines, and workholding fixtures and components for metal cutting. Companies are adjusting their production strategies and looking to shift certain products to their factories in China.
Source: YAHOO
Reported 11 months ago
In the highly competitive real estate market, companies are adopting innovative marketing strategies to attract buyers and boost sales. For example, companies like Le Yang Real Estate are collaborating with trendy brands like Ten Thousand Coffee from New York and promoting new housing projects like 'Wenxin O'live' near the subway. By focusing on generating buzz and public interest through events like concerts, celebrity endorsements, art exhibitions, and unique collaborations, these companies are able to increase demand and create a unique selling proposition in the market.
Source: YAHOO
Reported 11 months ago
On June 23, 2024, at 4:10 PM, the chairman of the Stock Exchange Lin Xiuming will personally hold a press conference titled 'Strengthening the Value of Taiwan's Capital Market and Enhancing International Competitiveness,' attracting considerable market attention. Despite the overall growth of the Taiwan stock market, there are still undervalued stocks, emphasizing the importance of fundamental analysis. The Stock Exchange aims to improve corporate governance and sustainability disclosures to enhance company value and investor confidence, as well as collaborate with international institutions to promote high-quality enterprises globally. This strategic focus seeks to attract more investment, invigorate market liquidity, and enlarge the market scale.
Source: YAHOO
Reported 11 months ago
The first 'Young and Environmental-Friendly ESG Campus Film Competition for Sustainable Businesses' awards ceremony took place on June 20, 2024, with two gold, silver, and bronze awards each, nine top-quality awards, twelve honorable mentions, five internet popularity awards, and two best promoting schools. A total of 236 teams with 2,124 student and teacher video teams participated, showcasing ESG concepts and values creatively. The key to winning was highlighted as having an eye-catching start to grab the judges' attention. The judges were impressed by the professional standards of the winning films and encouraged continued creativity and effort in expressing deeper insights and values through innovative approaches.
Source: YAHOO
Reported 11 months ago
The Taiwan Machinery Association estimates that the annual export value of Taiwan's machinery equipment will decrease by 110-140 million US dollars due to China's suspension of 134 items from the ECFA early harvest list starting from June 15, 2024. This will result in a 4%-5% decline in market share in China. The industry suggests that the government should offer individual guidance or subsidy resources to companies affected by the change, especially those in power transmission and hydraulic components manufacturing sectors facing increased export competition pressure. The industry is also impacted by significant currency devaluation compared to neighboring countries like Japan and South Korea, urging the government to align the depreciation of the New Taiwan Dollar with competing currencies and expedite Taiwan's participation in regional economic organizations like RCEP and CPTPP to mitigate the challenges. Additionally, they recommend expanding both overseas exports and domestic market demand, offering incentives to upgrade manufacturing equipment for energy efficiency. However, some manufacturers lacking government support may face closures and layoffs, creating a potential exodus from the industry.
Source: YAHOO
Reported 11 months ago
Chinese Trust Bank offers up to 5% LINE POINTS cashback for purchases made in Japan, Korea, Thailand, and Singapore with the LINE Pay credit card, while Agoda co-branded card offers up to 7% A-gold cashback in Japan and Korea. Taiwan Cooperative Bank's FlyGo card provides up to 5% cashback for selected travel expenses. Other banks like Mega Bank and Cathay United Bank also offer attractive cashback incentives for overseas spending. Additionally, First Bank offers exclusive travel services for platinum cardholders, including discounts and high-value travel insurance.
Source: YAHOO
Reported 11 months ago
On June 23, 2024, the Design Department of National Taipei University of Technology achieved great success in the 2024 Golden Pin Design Award. Senior students Jiang Jiaying and Lin Shaoyu's graduation work 'Ecotrapod Innovative Breakthrough in Wave Dissipation' stood out and received the 'Golden Pin New Talent Best Design Award' and the 'Golden Pin New Talent Circular Design Special Award,' showcasing the department's excellence in environmental sustainability and innovative design fields. Their project focuses on sustainable oceans and waste recycling design, replacing or reducing the use of cement with a new type of wave dissipation product made from a recycled slurry and waste oyster shells. The innovative design features bio-porous helical surfaces for structural strength efficiency and habitats for algae, fish, and crustaceans. Collaborators such as C-Cube, Lotos, and Everplast acknowledge the students' creativity in redesigning wave dissipation blocks and ecological bricks for fish ponds, aiming to integrate circular materials into a flourishing ecological coexistence in the future.
Source: YAHOO
Reported 11 months ago
As AI-related themes continue to drive the market, Central Leasing suggests using the 'Central Leasing Mother-Child Fund Lock-In Feature' to combine thematic equity funds with stable bonds, utilizing the automatic profit-locking mechanism to overcome market fears. With AI expected to enter a 10-year growth cycle, the 'Mother-Child Fund' offers a strategic approach for trend investing. Introduced by Taiwan's first online fund platform, the feature has seen a 94% success rate for contracts held over 360 days, demonstrating its effectiveness. The platform now offers six major thematic trend mother-child funds, focusing on various sectors such as AI, biotech, and sustainability, aiding investors in seizing market opportunities.
Source: YAHOO
Reported 11 months ago
The Taiwan stock market halted its three-day rally on June 21, closing at 23,253.39 points. Despite the short-term excess, a moderate correction is seen as beneficial for the continuation of the bullish trend. Fifteen stocks, including Evergreen Marine (2618) and AU Optronics (3481), showed opening lows and received increased holdings from major institutions on the 21st. With positive technical indicators like the KD index and successful turnover of bullish chips, buying interest is evident and stock prices are expected to strengthen. Various experts suggest that recent market movements are normal and advise monitoring sectors for any diverging strengths. Several stocks like Evergreen Marine, AU Optronics, MediaTek, China Airlines, and TSMC closed higher on the 21st and received increased buying demand from major institutions, positioning them well in the market.
Source: YAHOO
Reported 11 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 11 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 11 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 11 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 11 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 11 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 11 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 11 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 11 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