Reported 7 months ago
The semiconductor industry reports that due to TSMC's dominant position in 3nm FinFET process and overwhelming demand, upstream IC design companies are starting to raise prices. This is driven by the limited capacity and the news of Samsung's 3nm GAA generation facing low yields. Major tech giants like Nvidia, AMD, Intel, Qualcomm, MediaTek, Apple, and Google are moving towards TSMC's 3nm process, while upcoming products like Snapdragon 8 Gen 4 are already seeing a 25% price increase. TSMC's advancements in 3nm are expected to impact the market significantly, with discussions on whether these increased costs will be passed on to consumers or absorbed differently by brands.
Source: YAHOO
Reported 7 months ago
New Life Insurance made significant reforms to their business system by launching a performance competition month in May, resulting in their sales team securing over 10 billion in new contract premiums in just 28 days from May 15 to June 11. The competition involved reducing guaranteed salaries while increasing commission rates, with some agents earning over 10 million in just 28 days and 500 receiving rewards exceeding a million. The reform aims to boost agent productivity, increase cash flow, enhance contract service margin value, and reduce hedging costs, marking the best performance since 2008 financial crisis.
Source: YAHOO
Reported 7 months ago
Taiwan Mobile showcased the first 5G smart rail application integration platform in Taiwan in Kaohsiung on June 12, 2024. With 300 5G ecosystem partners, the company aims to expand in Taiwan and internationally, focusing on seizing 5G private network business opportunities. The project involves implementing 5G private network, AI, IoT, and big data in Kaohsiung Light Rail for transportation integration applications, AI detection, passenger flow management, fare evasion detection, AR interactive experiences, and city tour guidance, using 4.8-4.9GHz dedicated frequency and 3.5GHz commercial spectrum. There are potential plans for large-scale exportation of this 5G rail solution, with expectations that Taiwan's 5G private network will see significant growth within the next 2 to 3 years.
Source: YAHOO
Reported 7 months ago
German optical technology leader Zeiss announced on June 12, 2024, that its first Taiwan innovation center built in Hsinchu Science Park with an investment exceeding 300 million yuan will be officially completed on the 18th. The center's first phase will introduce cutting-edge semiconductor inspection and analysis solutions for electronics, optics, and 3D X-ray microscopes, combining artificial intelligence (AI) and exclusive related technologies to enhance testing quality, improve production efficiency, and yield. The center will focus on advanced semiconductor solutions and aims to significantly improve microscope operational processes, providing more precise material and defect analysis for the semiconductor industry, thereby promoting substantial transformation momentum.
Source: YAHOO
Reported 7 months ago
Guo Yaxin on June 12, 2024, at 4:10 PM reports that with the junior high entrance exam results out, many parents can relax and start planning a relaxing trip for their children while avoiding the busy Dragon Boat Festival and summer holiday seasons. Highlighting the risks of traveling abroad, New Value Insurance reminds people to plan comprehensive travel insurance. In response to the high number of Taiwanese traveling to Japan and South Korea, the company has designed a 'Japan-Korea Travel Project' which enhances coverage for flight delays and even compensates for credit card misuse. Until June 30, customers can avail this special offer by applying through the New Value Insurance website. Furthermore, the company offers limited-time activities for those who purchase overseas travel insurance, providing eSIM cards or discounts for Japan or South Korea trips, aimed at ensuring a secure and pleasant travel experience.
Source: YAHOO
Reported 7 months ago
The 23rd '2024 Toy and Household Creative Design Competition' organized by the Taiwan Toy and Household Goods Research and Development Center (TCC) is set to take place, focusing on the theme 'Future Collaboration, Igniting Children's Hearts.' High school, vocational school, college, and graduate students nationwide are invited to participate in designing new creative toys for children aged 0-14, infant and child products, the elderly over 50, and adorable cats and dogs. With over 600,000 NT dollars in total prizes, the registration deadline is October 13th, 2024, offering a platform to showcase design talent and a chance to compete in the Golden Pin Design Award. The competition also includes the '2024 Excellent Toy and Infant Products Selection,' open to both students and designers to submit products for recognition, with registration closing on July 31st, 2024. Don't miss this opportunity to shine and bring your creativity to life on a grand stage. Visit the official competition website for more details and registration information.
Source: YAHOO
Reported 7 months ago
On June 12, 2024, at 4:10 PM, textile industry leader Ru-Hung held its shareholders' meeting, where chairman Hung Chen-Hai, optimistic about future operations, stated that monthly revenue could exceed 3 billion NT dollars until the end of the year without any slow season. Additionally, Hung officially retired and stepped down from the board, with Vice Chairman Wang Shu-Wen taking over as chairman. Looking ahead, Ru-Hung aims to focus on product innovation, manufacturing enhancement, sustainability, talent development, and plans to expand production facilities globally. The incoming chairman, Wang Shu-Wen, expressed the importance of leveraging new technologies like AI to enhance product design and manufacturing efficiency, foreseeing advancements with the new board comprised of strong academic backgrounds and AI experts.
Source: YAHOO
Reported 7 months ago
On June 12, 2024, at 4:10 p.m., Taiwan, to combat fraud and financial crimes, encourages financial institutions to adopt innovative technologies like digital identity verification, AI, data sharing, and privacy-enhancing techniques to reduce fraud risks. With the rapid development of generative AI technology, fraud cases and financial losses globally are on the rise, making Taiwan a 'fraud island.' Measures like the 'Anti-Fraud New Four Laws' recently passed by the Executive Yuan aim to strengthen responsibilities of online advertisement platforms and financial institutions and increase penalties for fraud. Through various AI applications focusing on analyzing transaction data, identifying fraudulent patterns, enhancing identity verification, and real-time monitoring of transactions, financial institutions aim to prevent fraud effectively. Cooperation such as the 'Eagle Eye Fraud Recognition Alliance' formed by banks and government units and technologies like 'Far EasTone Copilot Fraud Prevention Assistant' incorporating Azure OpenAI's latest applications are being utilized to combat financial fraud effectively.
Source: YAHOO
Reported 7 months ago
During the shareholder meeting on June 12th, Ruixuan's Chairman Wu Chunfa expressed optimism for the company's performance in 2024, with a year-on-year revenue growth of over 30% in the first five months. The company's Vietnamese factory is expanding and profitable, with plans for further expansion by the end of this year or early next year. Ruixuan also approved a cash dividend of 0.542 yuan per share, conducted a cash reduction of approximately 8.12%, and re-elected Wu Chunfa as Chairman.
Source: YAHOO
Reported 7 months ago
During Parade Technologies' shareholders' meeting on June 12, 2024, it was emphasized that the company is actively expanding in the automotive sector, particularly in the electric vehicle (EV) field, aiming to become a new growth engine. Parade Technologies' high-speed signal transmission chips for automotive grades have been adopted by multiple car manufacturers, showcasing future potential for increased adoption in the automotive market. The company foresees long-term growth in the automotive sector, with a focus on high-speed signal transmission technology for AI computing market opportunities in data centers and edge computing.
Source: YAHOO
Reported 7 months ago
China's National Bureau of Statistics revealed on June 12 that in May, the Consumer Price Index (CPI) remained at a 0.3% year-on-year increase, in line with the previous month but lower than the expected 0.4%. The Producer Price Index (PPI) in May saw a year-on-year decrease of 1.4%, as forecasted, marking the 20th consecutive month of negative growth. Experts worry that the continuously weak demand signals ongoing deflationary pressures. The CPI was mainly dragged down by non-food prices, while food prices remained flat. Economists predict that CPI will stay low in the third quarter but may increase in the fourth quarter due to various factors. Despite a slight improvement in PPI, concerns about deflation persist, with market analysts estimating China's annual CPI rate at only 0.7%, far from the official 3% goal. Calls for more policies to boost demand continue among experts and economists to combat the deflationary pressures.
Source: YAHOO
Reported 7 months ago
The government may review the new youth housing loans in collaboration due to criticism on its impact on housing prices. The Ministry of the Interior has expressed hesitancy to continue subsidizing interest rates for the loans given the recent interest rate hike by the central bank. Various opinions exist among departments, with the Ministry of Finance Deputy Minister Ruan Qinghua emphasizing the need to find consensus on handling the issue. Public sector banks are considering stricter measures to prevent misuse of the loans, with concerns raised regarding potential abuse of the new youth housing loans. Collaboration and thorough assessments will be conducted to ensure proper usage of the loans.
Source: YAHOO
Reported 7 months ago
GIGABYTE is focusing on AI server business as a significant growth driver, with Chairman Yeh Peicheng emphasizing the long-term prospects of the AI trend. The anticipated GB200 server cabinet is set to be shipped in the fourth quarter or the first quarter of next year. The company's AI server business has been contributing to revenue growth, with expectations of profit benefits. They aim for a record-breaking annual revenue of 200 billion NTD this year, supported by the strong demand in the AI sector.
Source: YAHOO
Reported 7 months ago
In response to the Trust 2.0 policy, the New Bank has been promoting trust education and awareness among the public, particularly focusing on the importance of elderly care trusts. They have held multiple trust seminars in collaboration with the Trust Association, educating people on trust concepts and functionalities to ensure financial security in retirement. The bank emphasizes the significance of financial services for the aging population and continues to provide elderly-friendly services while utilizing trust mechanisms to protect assets and prevent financial fraud, fulfilling their corporate social responsibility.
Source: YAHOO
Reported 7 months ago
As remote work became popular during the pandemic and inflation forced many to leave expensive California, Silicon Valley once quiet saw a resurgence with the rise of AI startups. This led to a new culture of coding day and night, making nap pods in offices a hot commodity again. An AI startup, Exa Labs, inadvertently sparked interest in nap pods by ordering two and ending up with over 100 orders, showing the return of the Silicon Valley startup culture. Even though opinions on nap pods vary among engineers, the all-night coding culture has returned, especially in Hayes Valley, also known as 'Cerebral Valley,' with young engineers convening to write code relentlessly.
Source: YAHOO
Reported 7 months ago
The ongoing Russia-Ukraine war for over two years has seen multiple sanctions imposed by Western countries led by the US on Russia, yet Russia managed to get support from third parties. The US has now decided to extend its reach by announcing an expansion of sanctions on the supply of chips and other goods to Russia, targeting sellers in China, including Hong Kong. These measures are part of the Biden administration's response to Russia evading Western sanctions and curbing its latest actions in the Ukraine conflict, closing loopholes by including US-branded goods and Hong Kong entities reportedly transporting goods to Moscow. The US is also preparing new significant sanctions on financial and non-bank institutions as conduits for Russian military technology acquisition. This comes as President Biden is poised to attend the G7 summit focused on aiding Ukraine and further sanctioning Russia, following discussions on strengthening internal checks within companies involved in selling goods and proposals for sanctions on aiding Russian enterprises like some Chinese firms.
Source: YAHOO
Reported 7 months ago
英業達集團董事長葉力誠在股東會上表示，公司積極擴充全球生產據點，去年在泰國建廠並擴大產能，將持續投入高階技術研發提升毛利率，重點放在車用領域。葉力誠強調英業達是國內第一家生產AI伺服器的公司，並指出公司在積極探索未來性產品，標榜液冷式產品早在多年前就已著手。
Source: YAHOO
Reported 7 months ago
New Cathay Investment Trust has announced that the New Cathay U.S. government 1-3 year bond ETF trust fund (00831B) will cease over-the-counter trading starting on July 18. The decision was made due to the fund's net asset value falling below NT$100 million for the past 30 business days as of May 3, meeting the termination standard for the trust agreement. New Cathay Investment Trust has filed for and received approval to terminate the fund's trust agreement with the competent authority, as stipulated in the rules for securities dealers. Despite the cessation of trading, New Cathay Investment Trust will continue to provide services for investors, who can find further details on the company's website.
Source: YAHOO
Reported 7 months ago
On June 12, 2024, the US government expanded its chip control scope to include Gate-All-Around (GAA) transistor architecture and High Bandwidth Memory (HBM) technologies to prevent China's advancements in artificial intelligence (AI) field. Leading companies like NVIDIA, Intel, and AMD, along with their manufacturing partners TSMC and Samsung, are gearing up to produce chips using GAA technology. The US aims to make it difficult for China to assemble sophisticated computing systems and operate AI models by targeting the GAA transistor architecture and block the commercialization of this emerging technology, although it is unclear if the new measures will restrict China from developing GAA chips independently or limit sales to Chinese tech firms.
Source: YAHOO
Reported 7 months ago
On June 12, 2024, Three-Fu Hua (4755) held a shareholders' meeting, where Chairman Wu Xinhong mentioned that last year, due to the excessive capacity expansion of panel factories in mainland China leading to market supply-demand imbalance and weakening demand from two major panel customers, it affected Three-Fu Hua's performance. However, the current operations have shown signs of improvement with growth expected from industries like semiconductors and contributions from the Vietnamese factory, aiming for overall growth this year. Additionally, Three-Fu Hua's first purified line of TMAH for semiconductors has commenced production and will initially supply to small and medium-sized manufacturers.
Source: YAHOO
Reported 7 months ago
On June 12, 2024, after hitting a short-term low at the beginning of the month, New York oil prices bounced back more than 8%, reclaiming the short and medium-term averages. However, the quarterly trendline has become a downward resistance, nearing the $80 integer level. Therefore, it is advised to view any deep falls as rebounds before breaking the trendline. OPEC's latest report forecasts global oil demand to increase by 2.25 million barrels per day in 2024 and 1.85 million barrels per day in 2025, with economic growth and oil demand predictions remaining unchanged. Market awaits key US and China Consumer Price Index (CPI) data and Federal Reserve (Fed) policy meeting results, with rate cuts aiming to stimulate economic growth, potentially increasing energy demand and driving crude oil demand and prices up. Investors can participate in oil market trends through exchanges offering Brent crude oil futures with a margin of 65,000 yuan per contract and a tick of 100 yuan, with trading covering night sessions to meet global market trading needs.
Source: YAHOO
Reported 7 months ago
With US bond yields rising to around 5% at the end of October last year, Taiwanese investors poured money into long-term US bond ETFs, leading to the growth of single bond ETFs by over a trillion NT dollars this year. Taiwan is now the 11th largest creditor of the US, with $259 billion in US bonds. The trend of investing in bond ETFs continues to heat up, with the highest trading volume on the first day of trading for the newly listed bond ETFs. The overall scale of bond ETFs has grown by over 20% since the end of last year, nearing 2.5 trillion NT dollars, benefiting over 500,000 people. Managers of investment-grade bonds highlight the recent economic growth and interest rate fluctuations in the US market, suggesting good opportunities for investing in fixed interest rate bonds. Market expectations for Fed interest rate cuts and concerns about inflation have led to a fluctuating bond market. Investors holding long-term bond ETFs are advised to accumulate positions on dips, while staying alert to price premiums and discounts.
Source: YAHOO
Reported 7 months ago
The Japanese Yen against the New Taiwan Dollar recently showed a 0.2 increase, targeting the Taiwanese people's love for traveling to Japan and the increasing preference for the yen. Investors are now waiting for the opportunity of long-term appreciation of the yen, making yen-denominated investments more attractive. As inflation persists and mature central banks like the Federal Reserve remain cautious about interest rate cuts, balanced funds are becoming more popular for their potential in market opportunities, especially in the current high-interest-rate environment. Economists believe the yen is undervalued and may appreciate significantly in the long term, with expectations for the Bank of Japan to cut bond purchases and pave the way for a rate hike in July. Wealth management centers suggest considering balanced or bond funds denominated in yen while waiting for yen appreciation, aiming to maximize investment efficiency across stocks, bonds, and currency markets.
Source: YAHOO
Reported 7 months ago
Pure online banks are striving to achieve breakeven in 2025 by expanding new businesses. The three major pure online banks—LINE Bank, Rakuten International Bank, and Tomorrow Bank—have all launched fund sales operations, marking the official start of a fund battle among online banks. These banks are collaborating with various fund providers to offer a wide range of fund options to customers, with a focus on providing convenient and accessible fund purchasing experiences. The market is particularly interested in the possibility of these banks selling overseas fund products in the future, especially in terms of their extensive online banking systems and user engagement strategies.
Source: YAHOO
Reported 7 months ago
鼎泰豐因考量營運成本持續上升，自2024年6月12日起再次調漲價格，其中小籠包每籠從250元調漲至280元，調漲品項共150項，佔比8成，平均漲幅約6％。鼎泰豐表示此次漲價主要是受到人力成本增加的影響，為持續提供高品質服務與餐點，公司不得不調整價格以因應挑戰。公司亦多次加薪以吸引優秀人才，但這也增加了人力成本支出。
Source: YAHOO