Reported about 1 year ago
During the shareholders' meeting held on June 25, 2024, Jian Han Technology, a manufacturer of internet equipment, announced plans to achieve double revenue and profit growth in 2024. The chairman, Li Guangyi, mentioned that despite facing challenges internally and externally, the company has made significant breakthroughs in research and development, business, and manufacturing, aiming to deliver impressive results. With a focus on developing new product lines and expanding into the small and medium-sized enterprise market with innovative products supported by in-house cloud platforms, Jian Han Technology has won new contracts and is building a new factory in Vietnam to accommodate the growing operations. The meeting concluded with re-election of directors, and the company's 2023 operating performance and financials were also reviewed.
Source: YAHOO
Reported about 1 year ago
桃園市長張善政出席亞東工業氣體二氧化碳回收設備啟用典禮，強調亞東工業氣體觀音廠為半導體產業重要供應來源，新設備可回收9成以上製程產生的二氧化碳，提升高純度電子級氫氣產量，促進ESG永續發展。
Source: YAHOO
Reported about 1 year ago
In Taipei on June 25, 2024, the Gretai Securities Market (GTSM) celebrated its 30th anniversary, focusing on constructing various capital markets like the emerging stock board, the growth stock board, and the innovation stock board to assist businesses at different growth stages to enter the capital market sequentially. GTSM actively supports innovative enterprises through services such as establishing internal control systems, handling stock matters, offering management courses, and legal consultations, among others. The GTSM also aims to enhance market functions, shorten IPO processes, boost industry clusters in sectors like semiconductors and biotech, and promote emerging industries in alignment with national industrial policies.
Source: YAHOO
Reported about 1 year ago
During the Bankers' Association of the ROC's 'National Bank CEO Contact Meeting' and recognition ceremony on June 25, 2024, Hua Nan Bank received awards for its outstanding contributions to the New Southbound Policy credit scheme, top-tier loans for the six core industries, and special awards in those categories. General Manager Huang Junzhi accepted the awards, praising the bank's efforts to support government policies and promote strategic industries and credit to New Southbound countries, leading to continued recognition and achievements. The bank has also excelled in individual industries like information technology and cybersecurity, positioning itself as a leader among national banks in these areas.
Source: YAHOO
Reported about 1 year ago
Grant Thornton Taiwan's Senior Manager, Chia-Yi Lai, points out that the 'Global Minimum Taxation System' is a new tax issue that multinational corporations will face in the coming years. This system is a response to aggressive tax avoidance by corporations and countries offering tax incentives, leading to significant tax base erosion worldwide. The system aims to prevent profit shifting to low-tax jurisdictions and tax rate competition among nations. Under this system, large multinational groups with consolidated revenues exceeding 7.5 billion euros in two out of four years will face a minimum effective tax rate of 15% in each tax jurisdiction. Failure to meet this rate will result in top-up taxes under the Global Anti-Base Erosion Rules. While facing challenges in calculating effective tax rates and evaluating tax incentives, multinational corporations are advised to prepare early for this new global tax mechanism to navigate the evolving international tax landscape successfully.
Source: YAHOO
Reported about 1 year ago
On June 25, 2024, at 4:10 PM, Mega Bank, in collaboration with the Paper Windmill organization, held an anti-drug campus tour event at Shilin Elementary School in Taipei to promote drug education. The event marked the milestone of Mega Bank Foundation's support for the 'Youth Anti-Drug Drama Project' of the Paper Windmill. Since 2012, the Paper Windmill has been conducting anti-drug tours on campuses across Taiwan, with Mega Bank Foundation sponsoring around 100 performances benefiting 60,000 students and teachers. The initiative aims to raise awareness among students about the dangers of drugs and advocate for a drug-free environment through engaging theater performances.
Source: YAHOO
Reported about 1 year ago
Chi-Mei Food is showcasing eight dietary themes at the Taipei International Food Show from June 26 onwards at Nangang Exhibition Center, offering various innovative dishes for free tasting. With a focus on a new dietary lifestyle, Chi-Mei Food emphasizes value redefinition in food, avoiding preservatives and MSG to lighten the burden on the body and uphold environmental sustainability. The brand's commitment to strict product development and food safety has earned them international recognition and awards. Recognizing the modern trend towards diverse and functional diets, Chi-Mei Food introduces themes like 100% additive-free, selected ingredients, and concepts of light health preservation and traditional treat evolution. Collaborations with popular bubble tea brands have resulted in unique and delicious products. Additionally, ventures with a local hospital have led to specialized dietary solutions tailored to elderly and special-needs individuals.
Source: YAHOO
Reported about 1 year ago
At the shareholder meeting of IC design company Chipbond (6462) held on June 25, 2024, Chairman Luo Senzhou announced the group's focus on silicon intellectual property with subsidiaries XinDing (6695) and AnGuo (8054) expected to achieve breakeven or turn profitable this year. Following AnGuo's merger with StarPlus Semiconductor, Chipbond has also acquired IP companies like Dryad and the well-established Japanese Curious, aiming to leverage their accumulated silicon IP technology. Chipbond is incorporating Die-to-Die (D2D) PHY IP into AI server chips using TSMC's 5-nanometer process and CoWoS packaging, with silicon verification in progress for 3-nanometer. Luo Senzhou highlighted the trend of chiplet stacked packaging for competitive AI chips and mentioned the company's transition towards a pure IP model next year, considering possible division of fingerprint recognition-related businesses. Chipbond plans to introduce products from its 5 to 6 unlisted subsidiaries in the second half of this year along with potential IPOs in the future, while focusing on high-speed interface IPs like DDR and PCIe, anticipating a continued effort in this strategic direction.
Source: YAHOO
Reported about 1 year ago
Yuanta Bank has launched a new 'Overseas Bond Digital Trading' service, allowing customers to trade bonds through the Yuanta mobile banking app 24 hours a day. The service provides investors with easy access to global bond markets, allowing them to achieve personal financial goals. Yuanta Bank also lowered the purchase threshold for some bonds to $1,000 USD to make bond investment more accessible, reflecting the growing interest in overseas bond trading. The bank recommends increasing overseas bond positions under the trend of interest rate cuts to reduce portfolio volatility and potentially gain capital gains when long-term U.S. bond yields fall. In addition to the new service, Yuanta Bank is offering a discounted transaction fee promotion for purchasing overseas bonds through the app until September 30, aiming to diversify investment portfolios.
Source: YAHOO
Reported about 1 year ago
With the Paris Olympics approaching in July 2024, stocks related to the Olympics concept have become a hot topic in the market. Giant Manufacturing (9921) is slowly resolving inventory issues, seeing improved prospects in operations by tapping into the fitness equipment market. Meanwhile, leading shoemaker Pou Chen (9904) is benefiting from the resurgence in footwear business momentum and is optimistic about the industry's recovery with the Olympics effect. The stock rally for Olympic-related sectors has begun, with textile and clothing, shoemaking, and sports equipment stocks taking the lead. Giant Cycling's shareholder meeting indicated that the most severe inventories in the U.S. market have started ordering, primarily focusing on mid-range products. Additionally, Pou Chen expects a promising second-quarter revenue growth, with its May revenue hitting a new high since January 2023. Both companies are looking forward to a positive business development trend, spurred by the upcoming Olympics, as well as events like the Copa America and Euro Cup, indicating potential gradual recovery in the industry.
Source: YAHOO
Reported about 1 year ago
According to S&P Global Mobility data, new electric vehicle registrations in the US surged by 14% in April, but Tesla's share of new registrations fell below 50%. Additionally, Tesla recalled over 20,000 Cybertrucks due to wiper and trunk trim issues. While overall electric vehicle sales in April showed double-digit growth, surpassing the 7.3% increase in the overall light vehicle market, Tesla's performance was disappointing. This drop in market share is attributed to competition from traditional automakers offering electric cars, like Toyota's bZ4X with a 646% year-over-year registration increase and Ford's Mustang Mach-E with a 287% increase. The NHTSA highlighted safety concerns with Tesla's recalled models. Despite a strong April for electric vehicle sales, it indicates a turbulent year ahead for the electric vehicle market in 2024.
Source: YAHOO
Reported about 1 year ago
IP大廠M31與英特爾合作，在北美市場戰略中擴大先進製程IP，客製化服務受到青睞。M31除權息並持續投入研發，全球市占率有望擴大至15％以上，與Arm逐步退出市場情勢對應。未來將積極開發晶片設計、高速傳輸介面IP等領域，並預計在下半年進行20A節點IP開發，力求拉大與競爭者的差距，預期先進製程營收比重將達50％～60％。
Source: YAHOO
Reported about 1 year ago
Following a recent $50 million investment from major shareholder Yen Horng Liang at the beginning of June, Gogoro announced on June 25 that it has received an investment from Castrol, a subsidiary of BP Group, with a total expected investment of $50 million, approximately NT$1.624 billion. Castrol Holdings, a subsidiary of Castrol, will subscribe to Gogoro's common stock with $25 million, acquiring about 5.72% shares in the first stage of investment. The second stage involves $25 million worth of convertible bonds, with the investment dependent on the completion status of certain transactions in their business cooperation. Castrol CEO Zhou Binbin stated that two-wheel vehicles are an important part of Castrol's global product line, highlighting the strategic significance of diversifying Gogoro's product line through investment and ensuring customers stay ahead in embracing new opportunities.
Source: YAHOO
Reported about 1 year ago
Hedge Optics mentioned on June 25, 2024, that their visibility for orders extends to October. With Mainland China suspending the ECFA early harvest list, the operational impact on Hedge Optics is limited. They are cautiously monitoring the second half of the year and aim for better revenue and profits this year compared to last year. The company revealed plans for business expansion and diversification to overcome challenges in the market.
Source: YAHOO
Reported about 1 year ago
In recent years, under the 'Defense Self-sufficiency' policy advocated by former President Tsai Ing-wen in Taiwan's Defense White Paper, Taiwan's defense capabilities have significantly increased. However, the implementation of military product certification by the Ministry of National Defense has faced challenges, leading to delays and dissatisfaction among both civilian enterprises and military contractors. There is a need to revise and improve the military product certification process to enhance Taiwan's defense industry supply chain and achieve practical defense self-sufficiency.
Source: YAHOO
Reported about 1 year ago
Yuking-KY (6957) was listed on June 25, 2024, at the issuance price of 138 per share and closed at 300, up by 162, or 117.39%. Yuking is optimistic about the second half of the year with new products in trial production, order shipments, production optimization in Suzhou, and plans to expand storage in the U.S. The company aims to enhance future operational momentum by providing comprehensive solutions in commercial display racks and improving efficiency. Yuking's revenue and net profit have reached new highs, with continued efforts in expanding customer base, enhancing automation, and developing AI technology for electric bed components.
Source: YAHOO
Reported about 1 year ago
On June 25, 2024, Central Bank was awarded four major prizes by the Financial Supervisory Commission for their outstanding contributions to meeting the financial needs of enterprise clients in Taiwan, in line with national industrial development policies. Central Bank received awards in categories such as small and medium enterprise loans, financing for small and new businesses, financing for the e-commerce industry, and loans for six key strategic industries. The bank excels in digital development, using AI and big data to drive financial technology innovation and respond to the government's inclusive finance and sustainable policy initiatives. Central Bank's innovative digital loan platforms resulted in significant growth in loans to small and medium enterprises, small and new businesses, and e-commerce companies, showcasing their commitment to supporting the growth and sustainability of Taiwan's financial sector.
Source: YAHOO
Reported about 1 year ago
Chia Fu (1540) currently has orders worth 400 million NT dollars in hand, with visibility into the first quarter of next year, and is aiming for growth in revenue and profit this year. The company's annual shareholder meeting approved a cash dividend of 1.1 NT dollars per share, with a payout ratio of 84.62%. Chia Fu is adapting to the mainland China's cancellation of the ECFA early harvest list by focusing on large-scale gate-type, custom machines with three to five axes, and intelligent integration. The company's chairman, Lin Sheng-ming, stated in the shareholder report that the operational goals for this year include selling 50 cutting center machines and 30 computer lathes, providing customer-oriented services and solutions, strengthening team collaboration and execution, optimizing production processes, and enhancing research and development capabilities to improve product added value and streamline production costs.
Source: YAHOO
Reported about 1 year ago
On June 25, 2024, it was reported that Taiwan's Financial Supervisory Commission established the RWA Tokenization Working Group, tapping into traditional finance's journey towards blockchain. S&P Global Ratings' analysis highlighted the rapid growth in tokenized public bonds on public blockchains like Ethereum, exceeding $1 billion, noting benefits including liquidity risk management for money market funds, profitability for on-chain enterprises, and new efficiencies and innovations for the asset management industry. Tokenized bonds offer advantages such as liquidity management for funds, revenue generation for on-chain businesses, and potential innovation support for asset management, despite short-term operational challenges faced by institutions integrating traditional systems with blockchain.
Source: YAHOO
Reported about 1 year ago
Matson Food collaborates with Dawson Organic Farm located in Sixty Stone Mountain in Hualien, to introduce a new 'Golden Needle Flower Relaxing Tea and Golden Needle Flower Noodle Gift Box' to the market, featuring organic high mountain Golden Needle flowers cultivated by Dawson for nearly 40 years. The gift box includes unique offerings like Taiwan's signature dishes 'Three-Cup Chicken' and 'Ginger and Sesame Oil', creating a Taiwan-themed gift suitable for both personal use and gifting. The product will be showcased at the Taipei International Food Expo from June 26 to 29.
Source: YAHOO
Reported about 1 year ago
Asia Cement held its shareholders' meeting on June 25, 2024, with Chairman Hsu Hsueh-tung reporting an earnings per share of NT$3.28 for 2023 and approving a NT$2.1 dividend, yielding a dividend rate of 4.7%. Hsu emphasized the company's continuous profitability over 62 years since going public, with dividends exceeding NT$60. Asia Cement's strategy includes focusing on its core business, expanding into non-core businesses and financial investments, with subsidiaries like Chiahui Power playing a key profit role. Despite the challenging cement market in Mainland China, Asia Cement's subsidiary in Taiwan achieved record operations, providing strong support to the parent company. Hsu remains optimistic about the Mainland market and the company's future development direction.
Source: YAHOO
Reported about 1 year ago
Junfeng Industrial (4584), known for developing and manufacturing key components for fluid, gas, and pneumatic automation industries, reported a 23.34% increase in May revenue of 1.08 billion NTD compared to the same period last year, with total revenue from January to May reaching 5.06 billion NTD, a significant 28.84% growth from last year. The company anticipates continued growth in tire demand and a rebound in the medical market in 2024, which could drive Junfeng Industrial's next wave of expansion. With a strong performance in the first quarter and positive outlook for tire, medical, and automotive industries, the company is also expanding manufacturing operations to meet increasing demands and enhance market competitiveness.
Source: YAHOO
Reported about 1 year ago
The 23rd '2024 Toys and Household Goods Creative Design Competition' organized by the Taiwan Toy and Household Goods Research and Development Testing Center will soon take place with the theme 'Co-Creation of the Future, Setting Sail with Children's Hearts'. It invites high school, vocational school, college, and graduate students from across the country to design new creative toys for children aged 0-14, infants, the elderly over 50, and cute cats and dogs. Participants have the chance to showcase their design talents and compete for over NT$600,000 in total prize money. Winning entries may also be recommended to participate in the 'Golden Pin Design Award' for greater exposure. Businesses can utilize these masterpieces to enhance market competitiveness. For more details, visit the official website of the 2024 Toys and Household Goods Creative Design Competition.
Source: YAHOO
Reported about 1 year ago
According to the report by Weng Yulan from Taipei, Taiwan's PC market is experiencing a modest recovery this year, with Acer benefiting from the active home PC market in the first half of the year, gaining a good market share growth. Acer expects a stronger performance in the second half due to the traditional peak season and the emerging trend of commercial PC upgrades. Acer's market share in Taiwan has slightly increased, ranking second. The company is prepared to launch nearly 20 new AI-ready PC models to drive growth and compete in the upcoming upgrade trend, as well as releasing new products like laser LED projectors and Mini PCs, expecting them to be significant drivers of Acer's overall shipment growth in Taiwan for the year. Acer also anticipates the market reaction to new processor platforms and stresses the importance of software applications in driving new usage demands in the AI PC market.
Source: YAHOO
Reported about 1 year ago
Morgan Stanley analysts have indicated that NVIDIA's Blackwell AI GPU requires 2-3 times longer testing time, leading King Yuan Electronics (2449) to increase capital expenditure to seize opportunities, with profit potential prompting a target price increase to 140 NTD; conversely, the market's expectations for Advanced Semiconductor Engineering's (3711) AI testing business are deemed too high, resulting in a downgrade to 'Neutral'. The report also highlights that despite increased testing expenditure forecasts by Advanced Semiconductor Engineering, the prospects for securing NVIDIA AI GPU testing orders still remain uncertain. In contrast, King Yuan Electronics is expected to maintain a high market share in the AI GPU testing business, with significant revenue growth anticipated in the fourth quarter of 2024.
Source: YAHOO