Reported about 1 year ago
In order to address the long-term occupational hazards faced by collective meal providers and catering industry workers, Jin Changtian Enterprise has successfully developed the 'Versatile Stir-Fry Machine,' which simulates a chef's flexible wrist and the continuous flipping motion of the JCT-30 fried rice machine. It will make its debut at the Taipei Food Machinery Exhibition, featuring live demonstrations of the stir-fry machine in action. With over 30 years of experience, Jin Changtian Enterprise has established a solid presence in the food, pharmaceutical, chemical, and other machinery processing industries through innovation and research and development, offering automation planning services to enhance work efficiency and productivity.
Source: YAHOO
Reported about 1 year ago
According to a survey by 591 New Projects, over 103 projects across Taiwan were sold out within six months in the first half of the year, double the number compared to the same period last year. The market frenzy, driven by a rising stock market, has led to a surge in the number of quickly sold-out projects this year. Areas like Hsinchu and Taichung saw over 20 projects sold out in six months, while New Taipei, Taoyuan, and Tainan each had more than ten projects sold out, doubling the figures from the same period last year. However, with government scrutiny on the new Qingan mortgage, the sixth wave of housing market regulations by the central bank, and restrictions on second-home loans, the sustainability of the hot housing market remains uncertain.
Source: YAHOO
Reported about 1 year ago
Guanglung (8916), an outdoor functional apparel factory, held a financial briefing on June 25, 2024, announcing a return to growth trajectory starting from the second quarter as clothing shipments pick up. The down and home textile departments have shown outstanding performance due to factors like rising raw material prices and strong demand from key clients. With all business units showing improvement, revenue is expected to surpass the same period last year, turning positive. Guanglung's accumulated consolidated revenue for the first five months of this year was NT$3.081 billion, a 7.9% annual decrease. Benefiting from non-operating foreign exchange and disposal of investment equity, net profit for the first quarter reached NT$149 million, a 55.9% annual increase, setting a new high for that period with earnings per share (EPS) at NT$0.98. To meet customer demands and the recovering economy, Guanglung continues overseas expansion, recently expanding with a new plant in Vietnam to meet home textile customer needs, planning to add 14 new production lines that will come online gradually in the second half of this year, with potential orders from major global home and Japanese household brands. In terms of sustainable development, Guanglung has attained international certification for B-type enterprises this year and received recognition in corporate governance evaluations, ranking in the top 5% of over-the-counter companies and medium-sized market capitalization companies, highlighting its achievements in corporate governance and sustainability. Looking ahead at Guanglung's operations in 2024, the market predicts revenue contributions from new customers and operational momentum from new plant and capacity investment, estimating double-digit growth for the full year.
Source: YAHOO
Reported about 1 year ago
聯準會理事鲍曼在演讲中表示，预计2024年不会有降息行动，将预期降息时间改为2025年。另外，美国财长表示美国经济未出现衰退迹象，预计明年通胀将放缓，助长期降温。最新数据等待发布，投资人将特别关注個人消費支出物價指数等信息。
Source: YAHOO
Reported about 1 year ago
Investment experts believe that the upward trend of AI driving industries remains unchanged, and as multiple buying interests restart, stocks such as Delta Electronics and Inventec can be considered for their promising operational capabilities. Delta Electronics holds a leading position in both the AC and DC power supply markets and is expected to benefit from the AI server trend. On the other hand, Inventec is set to benefit from the PCB industry's annual compound growth rate and is expected to see significant revenue growth in the server sector. Both companies are anticipated to experience substantial revenue growth in the coming years, driven by the increasing demand for AI-related technologies.
Source: YAHOO
Reported about 1 year ago
The European Union antitrust regulators have accused Microsoft of bundling its video conferencing software Teams with products like Office 365 and Microsoft 365, violating fair competition rules and risking substantial fines. Despite Microsoft's efforts to address concerns by changing its sales approach last year, the EU remains wary of unfair competition practices. If found guilty of antitrust violations, Microsoft could face fines as high as 10% of its global annual revenue. Microsoft has the opportunity to appeal and propose stronger solutions to avoid these hefty fines. The EU initiated a formal investigation against Microsoft last year for bundling Teams with other software, triggered by a complaint from Slack's parent company Salesforce. Teams, integrated with Office 365 in 2017, quickly gained popularity during the COVID-19 pandemic due to its video conferencing features.
Source: YAHOO
Reported about 1 year ago
With food safety being a top priority for consumers, Linde (Linde Gas) is presenting the diverse applications of food-grade gases at the FoodTech Taipei 2024 event from June 26 to 29. By using these gases, they ensure the safety and freshness of various food products like fresh fruits, processed goods, desserts, and beverages through processes such as rapid freezing and nitrogen infusion for improved texture. Linde not only offers food-grade gases but also collaborates with customers to provide equipment and solutions covering various food processing needs, ensuring quality and differentiation in the competitive food retail market.
Source: YAHOO
Reported about 1 year 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 about 1 year 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 about 1 year 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 about 1 year 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 about 1 year 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 about 1 year 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 about 1 year 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 about 1 year 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 about 1 year 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 about 1 year 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 about 1 year 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 about 1 year 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 about 1 year 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 about 1 year 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 about 1 year 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 about 1 year 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 about 1 year 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 about 1 year 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