Reported about 1 year ago
The Taipei International Food Expo 2024 will kick off on June 26, with the Taichung City Government Agricultural Bureau showcasing 'Taichung Leading Freshness' in collaboration with 16 participating units, presenting the finest local agricultural products from Taichung to visitors. The expo is known as Taiwan's most international food professional exhibition, attracting industry professionals and consumers from around the world. This participation marks Taichung's first appearance since the pandemic, featuring over 80 local high-quality agricultural products for visitors to explore and aligning with the theme of 'Future Food, Food Safety, Sustainability' advocating UN Sustainable Development Goals.
Source: YAHOO
Reported about 1 year ago
Horng Kai (5244) will attend the Automotive Lighting Expo (ALE) in Shanghai for the ninth consecutive year, showcasing the iCLed integrated with various sensor solutions. The company's CEO, Tseng Zhi-Hong, is optimistic about the global ambient lighting market surpassing $6.2 billion by 2027, with the Chinese market showing significant growth. Expecting better performance in the second half of the year, Horng Kai remains confident in its outlook, emphasizing its leadership in automotive ambient lighting technology. The Shanghai Auto Light Expo will be held from June 26 to 28, where Horng Kai will demonstrate their expertise in automotive lighting solutions with iCLed and the latest EVO platform.
Source: YAHOO
Reported about 1 year ago
Gaoli (8996) held a shareholders' meeting on June 20, 2024, and announced that due to the increasing demand for liquid cooling in servers, related products have become a significant source of revenue besides plate heat exchangers and thermal energy products. The company is considering establishing a third production base overseas, possibly in Thailand, to meet the growing demand. Gaoli's revenue and profit surged last year, driven by the rising need for server cooling solutions in the era of AI advancements. The company's advanced heat treatment and recovery technologies anticipate a significant revenue increase, with plans to strengthen supply chains and expand production capacity.
Source: YAHOO
Reported about 1 year ago
資策會執行長卓政宏透露，資策會持續以第三方能量協助台灣產業數位轉型及創新，目前第三方服務的營收占比已達6成。資策會將擴大內部策略性投資，成立晶片安全聯合檢測實驗室與生成式AI專業技術研究室，推動產業創新發展。
Source: YAHOO
Reported about 1 year ago
In response to the bullish stock market in Taiwan hitting new highs on June 20, 2024, financial analysts are positive about high-priced stocks such as Ginko (3293) and Largan Precision (3008). With strong capital momentum, these stocks are favored for their potential gains. Ginko is anticipated to maintain a positive outlook for its operations in the coming 2-3 years, driven mainly by licensing in Southeast Asia and ongoing license applications in Europe and America. As for Largan Precision, the introduction of Apple Intelligence with advanced AI capabilities is expected to boost demand for hardware upgrades, benefiting suppliers like Largan Precision in the supply chain.
Source: YAHOO
Reported about 1 year ago
In order to achieve the 2050 net-zero goal, Taiwan's Ministry of the Interior is implementing carbon reduction measures in the construction industry with a 'public sector first' approach, causing private sector buildings across the nation to also start taking action. By 2026, all new public buildings must achieve Building Energy Grade 1 or equivalent to nearly zero-carbon buildings before the regulations extend to private constructions. President Lai Ching-te emphasized the seriousness of the net-zero goal, with the Ministry pushing for legislative changes to enforce carbon reduction practices in all new private buildings as well.
Source: YAHOO
Reported about 1 year ago
Qihong (3017) is dedicated to promoting air-cooled 3D VC systems, with expected 10% revenue growth in the second quarter driven by demand for standard servers and mass production in Vietnam. Additionally, Qihong is actively advancing its liquid cooling system, expecting to commence shipping in 2025 with a market share of 10%. With increasing demand and production capacity in China and Vietnam, Qihong's 3D VC products are projected to significantly contribute to second-quarter revenue. Forecasts indicate Qihong's Q2 revenue may reach NT$16.85 billion, a 10% quarterly increase and 13% annual increase, with an EPS of around NT$4.5. Production of GB 200 server components will begin in the second quarter, with full-scale shipments slated for 2025, securing a position in the CSP industry's liquid cooling supply chain.
Source: YAHOO
Reported about 1 year ago
Professor Zhang Shijie from the Risk Management and Insurance Department of National Chengchi University discussed on June 20, 2024, at 4:10 PM the importance of effectively guiding life insurance companies in long-term investment into significant domestic public infrastructure, with recent legislative amendments allowing the mutual fund industry to raise Real Estate Investment Trusts (REITs). The move aims to expand investment targets domestically and increase participation from life insurance and pension funds, potentially providing a diverse investment choice and benefits for various investors.
Source: YAHOO
Reported about 1 year ago
President Lai Ching-te marked his one-month inauguration by announcing the establishment of three major commissions, showing his commitment to Taiwan's political and economic development. Data from the Directorate-General of Budget, Accounting and Statistics revealed that Taiwan's household wealth Gini coefficient in 2021 outperformed advanced countries like Australia, the UK, France, Germany, and Japan. The article discusses the possibility of Taiwan achieving a wealthy and equal society by drawing inspiration from the Nordic Model adopted by countries like Finland, Sweden, Denmark, Netherlands, Iceland, and Norway, known for their high-income levels and low wealth disparity. President Lai's focus on innovative industries and inclusive economic growth aligns with this vision, aiming to improve income equality and address issues like housing prices and income disparities.
Source: YAHOO
Reported about 1 year ago
中貿聖佳國際拍賣有限公司在2024年春季拍賣會取得滿意成績後，即將展開新一輪的拍品徵集活動。徵集包括書畫、現代藝術、瓷器、古籍、金銅佛像、影像藝術、珠寶、古錢幣等多種類型，並將在台北舉行專家評估與諮詢服務。中貿聖佳自1995年成立以來，積極拓展市場，秉持公平、公正、公開的原則，為全球藝術愛好者提供高品質的拍賣平臺。
Source: YAHOO
Reported about 1 year ago
Novatek (stock code: 3006) experienced a surge in stock price with increased trading volume on June 20, 2024, breaking through the limit-up price of 105.5 yuan at one point but faced profit-taking selling pressure towards the end, closing up 9.26% at 105 yuan with a trading volume of 33,700 shares. Analysts believe that the global memory giants' active deployment of High Bandwidth Memory (HBM) has reduced the supply of DDR4, leading to a rise in niche memory prices starting in the second quarter, expecting Novatek's operations to turn from losses to profits in 2024 due to anticipated price hikes and increased shipments, attracting market capital in advance. Analysts estimate that Novatek's revenue for the year is expected to grow by over 20% with a gross profit margin rebounding to 10% in the first half and to 15%-20% in the second half, driven by the simultaneous increase in price and volume of memory-related products.
Source: YAHOO
Reported about 1 year ago
Fubon Securities and Oomii Inc. held a signing ceremony for a listing guidance agreement, with Fubon Securities Chairman Cheng Ming-Qi and Oomii Inc. Chairman Chen Tai-Guo signing the agreement. Through the listing guidance program, Fubon Securities will introduce capital market funds to assist Oomii Inc. in advancing towards its next-stage goals, including integrating the digital cloud AR industry supply chain, and attracting innovative AR talents. Oomii Inc. aims to become a company with integrated technology service capabilities in the digital cloud AR industry, with plans to expand internationally, leveraging the power of the capital market. Chen Tai-Guo expressed that Oomii Inc. focuses on AR/MR intelligent wearable device solutions and has received certifications for its technologies. The company plans to expand its products into the U.S., Japan, and Taiwan markets to seize international AR business opportunities.
Source: YAHOO
Reported about 1 year ago
To curb confusion in ETF marketing, fund management and consultancy firms have recently received new regulations requiring influencers endorsing fund sales to possess either a good conduct certificate, analyst license, salesperson license, or fund management and consultancy license. Firms must investigate the influencers' sales records in the last three months for any improper conduct, with some firms changing cooperation plans and intending to host seminars or invite experts to promote proper investment practices. The regulations define influencers as those who regularly post information online for profit, with measures in place for certification and periodic evaluations lasting five years to comply with the new rules.
Source: YAHOO
Reported about 1 year ago
Securities News Center on June 20, 2024, 4:10 PM. Shareholders' Meetings: CHB, TEBC, HNCB, MFG, Fubon, SBC, CUB, Pacific, Mega, KPC, GYT, TMC, FarEasTone, etc. * Ex-Dividend/Ex-Rights: Poya, CIG, Yuanta Futures, FENC, Unizyx, LEC, etc. * Investor Conferences: MFG, TEEM, Systek, LGG * Stock Focus: NYE, MWE, SY, Grand Hyatt, Yiding, JH, LJ, DTC, YH, GH, TMC, ABC, Holitech, HQ, HSC, SHS, Double Crane, SQ, BT, YWEI, NFR, KY, LEC, JH, HYY * Disposal of Stocks: Sincere, BD, BT, WR, WR4, and more. Commercial Times reports that Quanta will showcase 5G network and AI capabilities, with housing prices in over 73 administrative districts in Taiwan surging over 10% annually, optimistic about economic recovery, unaffected by the pandemic, with the Australian Central Bank planning to end QE as early as February next year.
Source: YAHOO
Reported about 1 year ago
On June 20, 2024, analysts are optimistic about TSMC's revenue in the second half of the year, as the company seizes opportunities in high-end mobile display chip market while launching a 22nm embedded high-voltage (eHV) technology platform. TSMC's advanced solutions are expected to drive the development of high-end smart phones and mobile device displays, with energy consumption reduced by 30% compared to the 28nm eHV process. With TSMC's revenue picking up significantly after entering the second quarter, market outlook is positive for a double-digit growth in Q2 due to strong revenue performance in April and May.
Source: YAHOO
Reported about 1 year ago
In Taipei, the real estate market is currently avoiding the anti-speculation measures, making developers and sales agents more confident in promoting projects in the second half of the year. According to a recent survey by the 'Living and Building' magazine, there are at least eight mega projects in the northern Taiwan metropolitan area with total sales exceeding a billion NT dollars in the second half of the year. Notable among them is the 'Nangang Train Yard Redevelopment Project' in Taipei with an asset value exceeding 100 billion NT dollars. Experts believe that with the avoidance of new housing speculation measures and the relatively stable decisions from the Central Bank's board meeting, developers are gearing up for a strong push in the third quarter.
Source: YAHOO
Reported about 1 year ago
On June 20, 2024, the US Federal Reserve hinted at a rate cut this year, with possibilities of cuts in September and December. As US inflation continues to slow down, indicating a soft landing for the economy, the market is moving towards a looser environment. Investment experts are optimistic about the performance of stocks and bonds, with Taiwan's stock market expected to be positively impacted. Various sectors including AI, semiconductors, and others are recommended for investment focus in the second half of the year. Factors such as the timing of the Fed rate cut, industry news post-Computex, and the recovery of the Chinese market post-bottoming out are being closely watched.
Source: YAHOO
Reported about 1 year ago
Chen Xinwen/Taipei reported on June 20, 2024, at 4:10 pm, Kafu Securities held a shareholder meeting and approved the distribution of earnings of NT$1.5 per share, including NT$1 in cash dividend and NT$0.5 in stock dividend, marking the second consecutive year of dividend distribution. Following the meeting, a board of directors was immediately convened, and Taiwan Depository & Clearing Corporation's legal representative Lin Binghui was reelected as the chairman. Lin stressed Kafu's commitment to sustainable development by establishing a Sustainability Development Committee in March, incorporating ESG into operational evaluation metrics and obtaining a new version of cybersecurity certification. The company's net profit after tax in 2022 was NT$130 million, with earnings per share (EPS) of NT$2.17, showing a 22% growth from the previous year. The platform has gained over 20,000 new customers so far in 2024, with a total of over 275,000 customers and fund deposits nearing NT$140 billion. Kafu's mobile app has amassed over 140,000 downloads, ranking among the top 100 in the finance category on both Apple Store and Google Play. Chairman Lin highlighted Kafu's continuous growth in customer base and fund deposits due to initiatives such as a fee-free lifetime policy for all fund purchases, regular investment plans, and a dedicated fund management app. The company's retirement planning platform, despite facing challenges from COVID-19, the Russia-Ukraine conflict, and global central bank interest rate hikes, has persevered and is now entering a positive phase, with new projects set to be announced in early July.
Source: YAHOO
Reported about 1 year ago
台北報導，微型泵閥公司科際精密（4568）通過股東會通過超額配息2.5元，預期今年營收將回到2022年或略增，獲利預估優於去年，法人預估今年EPS有望翻倍至3元以上。公司在家電、醫療及車用腰托三大領域有成長，帶動第一季EPS回升至0.50元，合併前五月營收年增16.03％。其中家電事業營收預計占比將回升至50％。在醫療領域，公司預計今年第四季可開始出貨。
Source: YAHOO
Reported about 1 year ago
Minister of Economic Affairs Lin Ching-Wang officially retired on June 15, with Executive Yuan appointing Industry Development Bureau Director Lien Chin-Chang as the new minister. Minister of Economic Affairs Guo Zhihui hopes to utilize Lien Chin-Chang's capabilities to oversee various cross-sector tasks, especially in promoting renewable energy, green electricity trading, ensuring stable power supply, and helping industries transition towards net zero by 2050. Amid recent power outages, the ministry plans to release monthly power supply data from July to December to reassure the public. Minister Guo emphasizes the adequacy of electricity supply and aims to address concerns regarding aging power distribution lines to ensure a comfortable summer for consumers.
Source: YAHOO
Reported about 1 year ago
Taiwan S Investment expects that AI technology has initiated the 4th wave of more than a decade-long semiconductor bull market, projecting over 1.8 times revenue growth potential until 2032, focusing on the semiconductor industry growth opportunities. They are launching Taiwan's first active global semiconductor fund 'Taiwan S Global Key Semiconductor Fund' on July 1, emphasizing the potential of semiconductor enterprises for investors. The fund offers A.C.T.3 advantages: Active Management, Chain strategy, and accomplished Team, all geared towards maximizing investment potential.
Source: YAHOO
Reported about 1 year ago
KSC held its shareholder meeting on June 20, 2024, passing a dividend of 1 NT dollar and completely electing new directors, including third-generation successors Lü Weicheng and Sheng Lüande. The company reported challenges in sales due to shrinking market conditions compared to 2022, particularly in exports to Korea. Despite this, the company managed to turn a profit in the past year, with a net income of 4.33 billion NT dollars. The meeting marked a clear transition to the next generation of leadership within the company, with notable developments in land development projects and joint ventures making headlines as well.
Source: YAHOO
Reported about 1 year ago
According to a report released by the Financial Supervisory Commission on June 20, 2024, 108 financial institutions in Taiwan have utilized AI, with 29 of them employing generative AI systems. The Commission announced the immediate implementation of the 'Guidelines for the Use of AI in the Financial Industry,' with each financial industry association expected to establish self-regulatory norms based on these guidelines. The directive emphasizes the need for accountability, emergency shutdown mechanisms, and minimal data collection when training AI using customer information. The guidelines are intended to assist financial institutions in responsibly using AI, with potential penalties for violations in the future.
Source: YAHOO
Reported about 1 year ago
Pharmigene announced on June 20, 2024, its acquisition of Emergent BioSolutions' aseptic drug plant in Kon-Town, Maryland, for $30 million USD (approximately NT$960 million). This move enhances Pharmigene's global Contract Development and Manufacturing Organization (CDMO) capabilities and signifies its strong presence in the U.S. The acquired plant spans 86,900 square feet with 4 aseptic drug production lines supporting various processes. Pharmigene plans to expand its market globally beyond the U.S., leveraging the plant's production capacity and regulatory certifications. The acquisition is expected to boost Pharmigene's revenue and solidify its position as a leader in the biopharmaceutical industry.
Source: YAHOO
Reported about 1 year ago
Recently, there has been a surge in investments in AI-related stocks, particularly in U.S. technology stocks, driving them to consecutive gains. Analysts note that the U.S. fundamentals remain strong, especially leading up to the U.S. election, making U.S. stocks an optimistic choice. Funds focus on relatively undervalued, high-quality assets within the U.S. market to mitigate inflation and high interest rate impacts. Opportunities in AI applications across various sectors like technology, healthcare, and core consumer goods are expected to maintain growth. While risks persist in the market due to factors like inflation and geopolitical tensions, the rise in tech stock prices reflects a growth in company profits, making them not necessarily overvalued. Diversified investments through funds are recommended for individuals to align with their risk tolerance and capitalize on the ongoing AI trend.
Source: YAHOO