Reported about 1 year ago
HUHEI Life recently held a 'Family Day' event welcoming employees' families and caregivers for fun activities and games at the sports field. Over the past 12 years, HUHEI Life has been providing innovative services for caregivers and established the 'Breathing Academy' to support thousands of caregivers in relieving stress and gaining energy. The company focuses on creating a 'friendly caregiving workplace' by offering resources for employees' well-being and family support. Through activities like sports competitions and painting, the Family Day event aimed to provide a platform for relaxation and expression. CEO Xu Xizhang emphasized the importance of employees' mental and physical health by offering various benefits, including health check-ups, stress-relief massages, and learning incentives. The event also included family counseling services, showcasing the company's comprehensive care for employees and their families. By addressing caregiving issues, providing caregiver leave and courses, HUHEI Life aims to support employees in their dual roles and prevent them from leaving their jobs due to family responsibilities. The involvement of numerous caregivers at the Family Day event reflects the company's commitment to creating a supportive and compassionate workplace environment, as praised by the Secretary-General of the Republic of China Family Caregiver Care Association, Chen Jingning.
Source: YAHOO
Reported about 1 year ago
Wistron continues to expand its 5G O-RAN applications, actively injecting resources into expanding vertical applications and diverse fields of 5G communication, including disaster backup, smart factories, maritime domains, etc. On June 17, during the Open RAN Summit in Taipei, it was revealed that Wistron's 5G O-RAN has been implemented in maritime applications at Yang Ming Shipping, promoting the development of domestically produced 5G low-orbit satellite cargo ships, further expanding communication fields and technical applications. Wistron aims to establish a Taiwan O-RAN network ecosystem through forward-looking technology and a complete supply chain resource, enhancing global market competitiveness.
Source: YAHOO
Reported about 1 year ago
PwC Taiwan's '2024 Taiwan Financial Industry Corporate Leaders In-depth Interview Special Issue' reveals that Taiwan's financial industry leaders are equally worried about overall economic uncertainty and inflation, both ranking at 56% as the 'main threats' as voted by the leaders. Geopolitical conflicts follow with a lesser percentage. The survey, conducted every two years, includes insights from 11 financial leaders such as the Chairman of Yuanta Securities, Chairman of Mega Financial Holding, CEO of Cathay Financial Holdings, and Chairman of MasterLink Securities. The leaders express concerns about the global economy while remaining confident in revenue growth, attributing this confidence to the belief that interest rates have peaked, inflation and geopolitical risks have eased, but they view economic uncertainty and inflation as primary threats.
Source: YAHOO
Reported about 1 year ago
In recent years, with the variety of financial products available, many investors lack effective management tools to understand their overall asset status, often leading to confusion about their total returns. To tackle this issue, Yuanta Securities has introduced the 'EagleEye' app, which integrates securities, discretionary accounts, trusts, warrants, bonds, domestic and foreign options, providing investors with a comprehensive view and allocation of their investments. This app eliminates the need for cumbersome Excel sheets, allowing investors to easily manage their portfolios in one place. With real-time updates on portfolio performance, investors can adjust their investment strategies effortlessly, ensuring they don't miss out on opportunities and enhancing their digital asset management experience.
Source: YAHOO
Reported about 1 year ago
In response to the debate on whether to subsidize Taiwan Power, different opinions exist - Germany, Japan and even nuclear power leader France have all adopted financial subsidy policies. Following the Russia-Ukraine war, international energy prices soared, prompting various countries to implement subsidy policies and restrict electricity price hikes. Scholars suggest that if Parliament cuts subsidies for Taiwan Power, everyone will lose in the end. The Economic Institute Director and others agree that subsidizing is a short-term policy tool to address Taiwan Power's significant losses, but they urge adjustments in electricity pricing structure to ensure industrial usage reflects the actual costs and not repeatedly subsidize export industries like semiconductors.
Source: YAHOO
Reported about 1 year ago
Taiwan Semiconductor Manufacturing Company's (TSMC) advanced packaging process factory (P1) in the Jia Yi Science Park was halted due to the discovery of historical relics during construction. TSMC immediately initiated the preparation for the second factory (P2). The incident affected the original production plan, bringing attention to the impact on advanced packaging production capacity planning. Authorities have approved the rescue excavation of the site according to cultural heritage laws. The Jia Yi Science Park is crucial in TSMC's strategy, with plans to introduce new 3D packaging technologies and cater to the evolving AI chip market. TSMC's advanced packaging capacity is expected to increase, with the Jia Chi factory's completion by 2026 being closely watched.
Source: YAHOO
Reported about 1 year ago
Google announced a partnership with the Institute for Information Industry (III) and National Taipei University (NTPU) to cultivate cybersecurity talent, aiming to train 2,000 professionals by 2025. III plans to train 500 talents by the end of 2024, while NTPU aims to train 1,500 by next year. This initiative addresses the global shortage of cybersecurity professionals, estimated at 4 million by 2023 with an annual growth rate of 12.6%. Google.org donated $1 million to support the 'NICS Taiwan Cybersecurity Project,' and Google introduced the Google Taiwan Cybersecurity Talent Development Program with the aim of offering the 'Google Cybersecurity Certificates' for free to participants upon completion of the program, which covers essential cybersecurity topics and tools such as Linux, SQL, Python, and communication skills. The program has flexible scheduling and takes about 4 to 6 months to complete, benefitting both professionals and industry advancement.
Source: YAHOO
Reported about 1 year ago
Zhen Ding (4958) and Advantech (2395) signed a strategic cooperation agreement in Shenzhen on June 17, 2024, to establish a comprehensive strategic partnership to promote the digitalization, intelligence, and green development of the PCB industry. The initial cooperation will focus on Advantech's smart manufacturing solutions, production safety management systems, and smart energy management solutions to help Zhen Ding's factories and parks achieve digital transformation and low-carbon development. This collaboration signifies a strategic upgrade for both parties, aiming to jointly construct the PCB industry ecosystem and advance digital transformation processes.
Source: YAHOO
Reported about 1 year ago
On June 17, 2024, at 4:10 p.m., Lixin International (5202) opened at 19.4 yuan, oscillating around the flat plate for about an hour after opening, before a large single order pushed it up, hitting the limit up and closing at 21.15 yuan. The trading volume for the day surged to 1570 shares, a 60% increase from the previous day. Lixin International's revenue for May was 10 million yuan, a year-on-year decrease of 29.14%, with accumulated revenue for the first five months reaching 59.8 million yuan, a 9.37% increase from last year. The company specializes in OCR optical recognition technology, integrating artificial intelligence functions and technologies into existing products. Its main products include AI-OCR document recognition systems, GenAI-OCR enterprise document recognition systems, and electronic signature solutions.
Source: YAHOO
Reported about 1 year ago
H3C and Sharp have signed a strategic cooperation memorandum of understanding (MOU) to collaborate in expanding overseas markets, focusing on the Asia-Pacific region, including Taiwan, Japan, and Southeast Asia. They aim to seize opportunities in the IT/OT service, ESG, and AIoT markets, particularly in smart retail, new energy, and smart building sectors. Through resource integration and leveraging Sharp's global brand awareness and customer resources, the alliance seeks to enhance market competitiveness by providing more valuable solutions, benefiting from each other's strengths, and creating a win-win situation.
Source: YAHOO
Reported about 1 year ago
In a report from Kaohsiung on June 17, 2024, recent fluctuations in the international price of nickel, a key raw material for stainless steel, have dropped below $18,000 per ton on the 14th. At the same time, the quoted price for Indonesian stainless steel coils to Taiwan has been revised downwards, making it difficult for domestic stainless steel factories to sustain prices. Rising shipping costs due to geopolitical tensions are also impacting stainless steel demand, leading industry players to fear an interruption in the continuous price hikes seen in stainless steel this year by the end of June. The stainless steel market has been seeing gradual increases in prices due to the surge in nickel prices. However, this upward trend may face a pause as nickel ore prices have started to decline recently, dropping by as much as 18.78% in less than a month. This, along with reduced demand, is causing concerns for the stainless steel industry, affecting exports due to ongoing geopolitical risks. Red Sea crisis continues to raise shipping costs, leading traders to be cautious in taking orders. Looking ahead, maintaining current price levels may be the optimal scenario.
Source: YAHOO
Reported about 1 year ago
On June 17, 2024, at 4:10 PM, nearly 7,000 graduates were bid farewell by Yangming University and NCTU with the theme of 'beyond' as the main focus. The ceremony featured a blend of different cultures, with medical graduate Hong Chen-hao delivering a speech in Taiwanese dialect, and Ukrainian student Maria Lenotieva expressing gratitude for Taiwan and the universities' support during the Russo-Ukrainian war. Speakers included Lin Ching-yung, founder and CEO of Graphen AI, ex-US Secretary of Labor Elaine Chao and her father James Chao, and renowned author Dr. Hou Wen-yung, who shared insights on achieving global vision, precision, and networking for a successful life. They encouraged graduates to remain humble, grateful, and resilient in facing challenges and contributing to society.
Source: YAHOO
Reported about 1 year ago
UMC, a major IC designer, has secured a large order from LG Display, indicating a promising future in OLED driver IC market. They are expected to expand into more Apple product lines, including supplying OLED driver ICs for the upcoming iPhone 16. Ilitek, a touch IC supplier, is experiencing remarkable growth in smartphone shipments with predictions of delivering 1.5 to 2 million touch panels in H1. Both companies are benefiting from the increasing adoption of touch technology by Apple, Microsoft, and Google. Foreign reports suggest Ilitek's laptop products will see accelerated growth in H2, with the AI PC segment as a potential driver for structural changes and continued positive performance over the next few years.
Source: YAHOO
Reported about 1 year ago
In response to carbon taxation and to deepen their advantage in green operations, a precast concrete factory of domestic building materials announced on June 17, 2024, that the entire group has collaborated with upstream suppliers like Taiwanese sand and gravel manufacturers to obtain the 'Scope 3' international certification in carbon inventory verification from DNV, an internationally accredited greenhouse gas inspection agency. This certification is expected to significantly aid in securing orders from technology plants and green building clients. The boundary of this carbon inventory verification includes all branches of the domestic building materials industry in Taiwan, 28 concrete plants across Taiwan, and important related enterprises such as HP, Taipei Port Trade, Guoyu Building Materials, and Guoxing Cement. This achievement in certification aims to enhance the group's carbon competitiveness and operational advantage, satisfying the needs of advanced technology plants as well as aiding the entire construction industry in transitioning towards low-carbon buildings.
Source: YAHOO
Reported about 1 year ago
On June 17, 2024, National Tsing Hua University held its 2024 graduation ceremony, where President Gao Wei-Yuan encouraged students to have confidence, believe in themselves, and bravely make their next life choices. Renowned international star Dr. Lin Qingxia, who gave a speech at the ceremony, rare shared her past struggles with self-doubt and insecurity and shared her insights on happiness with the graduates. She emphasized the importance of taking hobbies seriously and continuous learning for happiness. Tsing Hua University graduated a total of 5,295 students this year, with 2,337 receiving bachelor's degrees, 2,615 receiving master's degrees, and 343 obtaining doctoral degrees. Lin Qingxia advised graduates to pursue their dreams early, find inner happiness, and spread happiness to make the world beautiful. Overall, the event aimed to inspire graduates to follow their passion and value self-discovery for a fulfilling life.
Source: YAHOO
Reported about 1 year ago
Ding Ji (6585) is accelerating its operations in 2024, with momentum in shipments of medical, automotive, mobile, and explosion-proof niche products. The company's revenue is steadily advancing, especially with strong demand for medical products leading to the signing of a four-year long-term contract with customers, potentially doubling shipments. Ding Ji has successfully expanded into the U.S. niche market, increasing revenue contribution from 22.9% in 2022 to 31.86% last year. Furthermore, their high-function film used in mobile phones has penetrated the Apple iPhone supply chain, boosting its electronics revenue. The company anticipates significant growth in the automotive sector and expects a surge in orders for explosion-proof products and electronics components. Besides focusing on Europe, Southeast Asia, and emerging markets expansion, Ding Ji aims to broaden its product applications towards high value-added and diversified materials. Another company, Ba Guan (1342), is facing challenges in revenue growth due to slowing visibility in outdoor and medical product orders. Despite this, the firm's defense and aerospace product orders remain robust, forecasting over 50% growth in defense products and a 30% annual increase in aerospace product shipments. Ba Guan specializes in processing and selling TPU functional fabric products and components, mainly used in high-end medical, aerospace, rescue, and outdoor industries, targeting markets in the Americas, Europe, and Asia. The global aviation industry's prosperity is driving strong demand for aircraft manufacturers.
Source: YAHOO
Reported about 1 year ago
Yanghua (3622) benefited from Taiwan Power Company’s robust grid plan, resulting in increased performance in the second quarter, particularly in the production of cable terminal boxes and connectors. With an order production cycle of approximately 3-4 months, Yanghua's visibility extends to the end of the third quarter, expecting the second quarter to be the peak of the year. May's consolidated revenue surged to 223 million Yuan, marking a 95.61% monthly growth and a 57.73% yearly growth, attracting foreign and individual investors and driving stock prices to a record high. Yanghua's main electrical products enjoy significant market share in Taiwan's major cable factories, and outlook remains positive for the foreseeable future.
Source: YAHOO
Reported about 1 year ago
Institutional investors intervened, causing 16 lagging stocks like Largan Precision to rebound strongly. Despite a 25% increase in the Taiwan stock market and a market value surge exceeding 14.7 trillion NTD this year, around 350 of the listed stocks have faced declining market value and lagging stock performance. With positive operational fundamentals emerging, former stock champions such as UMC and Largan Precision led the rebound, and a total of 16 listed stocks received institutional support on the 17th, resulting in significant price hikes. The TWSE will hold a press conference next Monday (24th) to announce measures to boost Taiwan's market value, with companies facing continual declines this year likely to draw attention. Industry experts emphasized the importance of stock prices aligning with fundamentals and suggested keeping an eye on stocks with improving fundamentals for strategic investment opportunities.
Source: YAHOO
Reported about 1 year ago
On June 17, 2024, at 4:10 pm, the Financial Supervisory Commission emphasized that according to the financial holding company regulations, Taiwan New Taiwan Financial cannot recognize New Life Private Equity Fund, even if it wants to recognize New Kin Private Equity Fund. Market speculations suggested a possible merger between Taiwan New Taiwan Financial and New Kin Financial, resulting in a canceled meeting on the 17th. FSC stressed the need for prior approval if there is an intention for a merger, and New Kin Financial emphasized focusing on material company information. Progress towards a merger between the two financial holding companies seems to be quietly advancing.
Source: YAHOO
Reported about 1 year ago
Yuanta Life is hosting a seminar titled 'Trust Pointing Gold, Opening a Wealthy Life' to help customers understand the benefits of insurance fund trusts and how they can ensure the proper use of insurance payouts for minors or individuals with disabilities. By combining insurance and trust services, Yuanta Life aims to provide comprehensive financial protection and prevent misuse of insurance funds, ultimately promoting financial security and fair treatment for all. The seminar received positive feedback from over 60 interested customers, showcasing the company's dedication to promoting insurance protection and financial well-being.
Source: YAHOO
Reported about 1 year ago
Infineon, a semiconductor giant in power and IoT, announced the launch of the 'Advanced Automotive and Wireless Communication Semiconductor Research Partner Development Program' in Taiwan, with an estimated total investment of NTD 1.2 billion. The initiative aims to upgrade the existing wireless communication R&D lab in Taiwan to establish the 'Infineon Advanced Automotive and Wireless Communication Semiconductor R&D Center,' fostering collaborations with local industry partners to develop automotive-grade communication chips and innovative solutions. This expansion is expected to benefit MCU and power management IC manufacturers and enhance Taiwan's visibility in the global semiconductor supply chain, focusing on fostering talent in automotive and wireless technologies.
Source: YAHOO
Reported about 1 year ago
During the shareholder meeting of Evergreen Aviation on June 17, 2024, WealthTek represented by its subsidiary DingChuang Company, acquired four director seats, marking its entry into the drone market. WealthTek's industrial and automotive products group general manager, Xu Meilun, became the new chairman of Evergreen, with former chairman Luo Zhengfang now serving as CEO and general manager. Luo emphasized WealthTek's support in AI drone development, highlighted their strengths in wireless RF PCBs, consumer electronics, sensors, and supply chain capabilities, and mentioned collaborative opportunities in military-grade drones and component production efficiency.
Source: YAHOO
Reported about 1 year ago
Cloud computing and artificial intelligence (AI) have fueled the demand for large data centers, with Malaysia emerging as a powerhouse in Southeast Asia due to its low energy and land costs, as well as favorable policies. Over the past few years, Malaysia has attracted billions of dollars in data center investments, including from tech giants like Google, NVIDIA, and Microsoft. The city of Johor Bahru, adjacent to Singapore, is poised to surpass Singapore and become the largest data center market in Southeast Asia. As the global demand for data centers continues to grow, emerging markets like Malaysia with advantages in energy and land costs are attracting increasing foreign investments.
Source: YAHOO
Reported about 1 year ago
Taiwan stock market saw fluctuation on June 17 with TSMC holding steady, ending with slight decrease of 8.19 points to 22,496.53 points. Taiwan futures closed on Monday with a decrease of 33 points at 22,477 points, marking a reverse price difference of 19.53 points. Foreign investors increased short positions while specific institutional investors reduced their net short positions. Options market showed a bearish sentiment. US market remains extreme, with only Nasdaq showing gains. In Taiwan, industrial stocks performed better while construction and electrical cables experienced the heaviest declines. Semiconductor and AI stocks varied, with TSMC still showing strength and potential for index highs in the short term.
Source: YAHOO
Reported about 1 year ago
Stocks related to pandemic prevention have regained momentum with the resurgence of COVID-19, particularly driven by themes related to the pandemic. Companies like Hengdian Group, ABC-KY, Shenghua Tech, and Yongxin have seen their stocks surge. The biotech and medical sector has experienced a significant increase, with stock indices rising sharply. As concerns grow over the Omicron variant, companies producing masks, cleaning products, rapid test kits, and vaccines have all benefited from the positive market response. Investors have shifted focus towards the healthcare sector amid the rise in confirmed cases, leading to a notable uptrend in stock prices across various companies.
Source: YAHOO