Reported about 1 year ago
Mainland China's crude steel production in May reached 93.6 million tons, up 3.87% annually, indicating an oversupply risk in the steel market. Despite positive signs like reduced social steel inventories in April and May along with government policies to stimulate the economy, recent increase in production capacity of mainland Chinese steel mills has led to the emergence of an oversupply crisis. This excess capacity is expected to flow into foreign markets, potentially destabilizing the Asian and global steel markets.
Source: YAHOO
Reported about 1 year ago
蘋果於WWDC 2024中將展示AI領域發展，郭明錤提出七大問題，預測可能的AI服務和合作，但指出手機銷量提升可能性低，主要著墨於AI功能應用和iOS 18升級。他關注市場對Apple的正向態度、手機趨勢、換機需求、業務收益提升、具體AI服務、合作優勢，以及大語言模型進展，指出長遠投資有助硬體與服務，但短期內營收利潤獲益有限。
Source: YAHOO
Reported about 1 year ago
Ande Life Insurance's Blood Donation Alliance braved the elements to hold a public blood donation event with insurance broker partners Lidee, Leishan, and Dascheng on June 6th at a mobile blood donation vehicle in Taipei City Park. This is Ande Life Insurance's second year collaborating with insurance brokers, aiming to spread passion and love through practical actions. Since 2016, Ande Life Insurance has held annual blood donation events, encouraging employees to volunteer and donate blood. In 2023, the company formed the 'Ande Life Insurance Blood Donation Alliance' with broker partners to call for more businesses to give back to society through public welfare activities. This year, they continued this spirit by partnering with multiple broker partners. General Manager of Ande Life Insurance, Zhang Zhijie stated that with recent news of blood shortages, they were honored to work with broker partners once again to contribute to blood donation public welfare in Taiwan. The Alliance aims to increase public participation willingness through the collective strength of corporate partners to support public welfare blood donations and help more people in need. The Taipei event raised a total of 116 bags of blood, and Ande Life Insurance has also integrated the people-oriented spirit of the insurance industry by introducing new underwriting rules in 2023. Customers purchasing investment-type insurance can provide a blood test report meeting donation standards within a year for higher coverage limits based on age, with those under 35 being eligible for a maximum of 20 million NT dollars. This helps policyholders build personal risk protection while contributing to societal public welfare. Ande Life Insurance will continue to host blood donation events with broker companies, aiming to attract more partners annually and spread the spirit of giving back to society across Taiwan.
Source: YAHOO
Reported about 1 year ago
As of June 10, 2024, financial institutions in Taiwan had varying investment strategies in the first four months, with banks and securities firms consistently increasing their holdings in Taiwan stocks by a total of nearly NT$1.5 trillion, while life insurers reduced their holdings by nearly NT$1.95 trillion during the same period. Banks have been increasing their stock market investments since November last year, reaching a new high in holdings and unrealized gains. Securities firms have also been supporting Taiwan stocks with significant increases, while life insurers have been capitalizing on the bullish market to realize profits by selling stocks due to rising US dollar rates and other market conditions. Overall, Taiwan's stock market has seen positive growth, with banks and securities firms boosting their holdings while life insurers have been reducing theirs.
Source: YAHOO
Reported about 1 year ago
After the European Parliament elections, populist and far-right parties have significantly expanded, with analysts predicting a more influential role in policy-making in the next five years. The polarization in Parliament may pose challenges for legislation on climate, immigration, and defense, while the chip policy is expected to remain unchanged. The rise of far-right parties could lead to shifts in how contentious issues are approached, with a focus on immigration control and a potential resistance to climate policies. The European Parliament may continue to prioritize high-tech and green industries, enforcing the European Chips Act and adopting a tough stance on imports from mainland China amid changes in industrial strategies and potential challenges in Ukraine support due to member states' relationships with Russia and China.
Source: YAHOO
Reported about 1 year ago
Trend Micro Taiwan's General Manager, Andy Hung, discusses the challenges CISOs face in gaining trust from boards of directors due to communication gaps. A study involving 2,600 IT leaders globally, including in Taiwan, revealed that while 98% of respondents were confident in their company's cybersecurity resilience, there was a disconnect between cybersecurity and business strategies. CISOs need to quantify the value of their cybersecurity strategies to bridge the trust gap and improve communication with boards, ultimately creating cybersecurity benefits for the organization.
Source: YAHOO
Reported about 1 year ago
Hitachi Group of Japan plans to train 50,000 employees to become 'GenAI professionals' by 2027, utilizing generative AI to develop new services in IT and railway sectors. Hitachi is partnering with tech giants like Google, Microsoft, and NVIDIA to integrate the latest technologies for applying generative AI. The company aims to increase its productivity by deploying AI resources from development to marketing stages, investing approximately $21 billion in generative AI by the 2024 fiscal year to seize growth opportunities and enhance competitiveness in the evolving AI market projected to reach $211 billion globally by 2030.
Source: YAHOO
Reported about 1 year ago
Securities News Center on June 10, 2024, 4:10 pm *Shareholder Meetings: Zhenhua Electric, Dongge Yacht, Taiwan Airlines, Jingyan, etc. *Ex-dividend/Ex-rights: Weiyung, Taiwai Investment Control, World Fitness-KY, etc. *Domestic and International Investor Relations Events: Mega Financial Holding, Phoenix, Taishin Financial, Shin Kong Financial, Chang Bo Science, Weiyung, Fubon Financial, E.SUN Financial, Shen Long, Qiqi, Winbond, etc. *Highlighted Stocks: Tainan, Xiangyao, Lianshangfa, Infunite, OTC, Xunzhou, Shengtai, New Rising, Creativity, Sunda, Jia Biqi, He Chun, Guangsheng, Chansen, Meidical-DR, Tai Kin Pang-DR, Vietnam Control-DR, Minghui-DR, Ton Fang Youyou-DR, Shengquan, Micro Port, Shuanghong, Shuanghong 4, Lianshang, Qingteng, Shenghui, Full Spectrum, Yongsheng, Jing Chen Ke, Science and Technology, Hui Zhi, Junhua, Kangquan Telecom. *Resumption of original margin ratio and original margin percentage: Micro-End. *Reduced margin ratio by 1% and increased margin percentage by 1%: China Best-KY, Guangsheng, Cheng Tai, Ruishe Light Electronics, Donyou, and more reports from Business Times on US recovery strong, impacting global economy, day trading tax cut passed, boosting Taiwan stocks, race to the end of the year for golden stock, return of the king for Largan Precision sparks price war.
Source: YAHOO
Reported about 1 year ago
Taiwan's stock market rally has benefitted the finance sector, with Fubon Financial Group announcing a record-high post-tax profit of 16.02 billion NTD in May and a 594.3 billion NTD profit for the first five months of 2024, surpassing its competitors. Cathay Financial Holdings also reported significant growth, with a 78.8 billion NTD profit in May and a 588.1 billion NTD profit for the first five months. Both financial giants are expected to challenge profits exceeding 600 billion NTD in June, largely driven by strong stock market performance and increased profits from subsidiaries like Fubon Life and Cathay Life. Fubon Securities and Cathay Securities also saw profit increases in May, contributing to the overall success of the finance sector in Taiwan.
Source: YAHOO
Reported about 1 year ago
During an interview with KPMG Taiwan Chairman Chen Junguang on June 10, 2024, he highlighted the company's approach to digital transformation, focusing on enhancing internal capabilities before external services. The strategy involves enabling employees with digital skills, gradually incorporating AI for administrative tasks, and strengthening service quality and risk management. To keep up with global digital trends, Chen emphasized the importance of talent cultivation, employee empowerment, and continuous innovation to optimize work processes. KPMG is implementing various strategies like the 'Have Fun, Make Impact' initiative and the transformation project 'KPMG Future is Now' to boost digital transformation efforts and employee experiences. Additionally, they are developing AI skills among employees to improve productivity and provide better services to clients.
Source: YAHOO
Reported about 1 year ago
On June 10, 2024, Associate Professor Chien-Ting Yin from the Department of Computer Science at Chung Yuan Christian University led students to participate in the 8th International Conference on Medical and Health Informatics held in Yokohama, Japan. The students excelled, with Lu Li-Ting and Chang Yi-Jou winning first place in the Student Essay Prize Competition's university category, Peng Kang-Hsuan and Hsu Ying-Chi ranking second in the same category, Yen Chia-Pin and Yang Tzu-Fang ranking third, and Master's student Chang Nai-Yuan achieving first place in the Master's category. In recent years, CYCU's CS department has been focusing on artificial intelligence and big data, offering various courses and support for students to participate in national and international competitions, applying their knowledge to AI-related fields, and enhancing students' technical innovation and research spirit.
Source: YAHOO
Reported about 1 year ago
Hsinchu County Government, in collaboration with 'StarFab Accelerator,' has launched the 'Hsinchu AIoT Accelerator' for its third year, attracting over 50 startup proposals in the past two years with successful matches for 15 teams and companies. The county recently held the 'AI Smart Hsinchu: Innovation for Sustainable Bright Spots' event to explore AI trends, practices, and resources. This initiative aims to foster AI and IoT industry research, development, and talent cultivation by leveraging the county's technological advantages, connecting startups with established enterprises, and supporting their international expansion efforts.
Source: YAHOO
Reported about 1 year ago
Since the scandal involving test data fabrication erupted last week, Toyota's stock price has plummeted over 5% in a week, resulting in a market value loss of over $15 billion. Other automakers like Mazda, Honda, Suzuki, and Yamaha were also implicated in the test data fabrication case, causing a widespread decline in Japanese automotive stocks last week. Fortunately, on June 10th, there was a rebound with Toyota's stock price rising by 1.7%, Honda by 2.4%, Suzuki by 1.2%, and Yamaha by 0.5%, except for Mazda's continued decline by 0.1%. Investigations have been launched by the Japanese Ministry of Land, Infrastructure, Transport, and Tourism into Toyota and other mentioned automakers on suspicion of test data fabrication, specifically in impact tests. Toyota has temporarily halted the shipment and sales of three Japanese-made vehicles, including Corolla Fielder, Corolla Axio, and Yaris Cross, and issued public apologies and admissions of non-compliance with regulations. This scandal and recall follow a series of similar incidents in the Japanese automotive industry over the past year, severely tarnishing Toyota's brand image.
Source: YAHOO
Reported about 1 year ago
Fuhsing Technology (2405) reported a revenue of 149 million NT dollars in May, marking a year-on-year and month-on-month growth, leading to a total revenue of 731 million NT dollars for the first five months of the year with a 5.55% annual increase. The company showcased a full range of products at COMPUTEX, focusing on edge computing, automation, IoT, and smart medical demand, and announced plans to expand in AI PC product lines. Fuhsing's revenue momentum increased due to mid to high-end mini PC models and core quasi-system product shipments, as well as new product launches in the first quarter. The company is looking to continue growth in the second quarter and the second half of the year by expanding its AI PC and industrial-grade Edge PC product lines. Fuhsing believes that its efforts will positively impact overall operations, positioning itself well in the market.
Source: YAHOO
Reported about 1 year ago
During the shareholders' meeting, Hond Energy approved a cash dividend of 4.0258 yuan per share and a stock dividend of 0.255 yuan per share. Chairman Xie Yuanyi mentioned their recent inclusion in the MSCI Global Small Cap Index, indicating international recognition of their strength and financial performance. With substantial land inventory, they are developing solar energy and energy storage facilities. Hond Energy aims to enter the deregulated electricity markets of Japan and Australia, offering a variety of solutions from renewable energy development and operation to electricity sales and charging services.
Source: YAHOO
Reported about 1 year ago
Benefiting from the increased demand for advanced semiconductor processes, Advanced Semiconductor Engineering (1560) reported a May revenue of 613 million NT dollars, a 13.07% increase from the previous month and a 12.36% increase from last year, achieving double growth on a monthly and yearly basis. Analysts predict that due to strong memory customer demand and the rise in demand for 3-nanometer technology, the company's revenue in 2024 will grow quarter by quarter, surpassing the 6.9 billion NT dollars revenue in 2022. ASE is actively promoting the high-end diamond disks needed for advanced semiconductor processes, accounting for around 35% of revenue with a share of below 5-nanometer processes reaching 50%. With a diversified customer base covering wafer foundries, American and Japanese memory factories, American IDM factories, and collaborations expanding to diamond disks, the company is expected to contribute to revenue growth by 2025. By positioning itself in the supply chain with recycled wafers and diamond disks, ASE is well-prepared to expand its supply capabilities as Intel's CEO, Pat Gelsinger, plans to establish advanced wafer foundry and packaging technologies in Taiwan. *【Warrant investments involve risks. The information provided is for reference only and does not constitute an invitation, solicitation, or any other form of recommendation. Readers are advised to exercise caution】.
Source: YAHOO
Reported about 1 year ago
Quanta Bio Technology Co., Ltd. has developed unique cultivation methods and formulas based on microbial technology to provide customized products according to customers' needs. The company's microbial technology applications range from traditional agriculture, forestry, fisheries, and animal husbandry to environmental fields such as organic waste reuse and waste resource recycling, covering multiple aspects of people's daily activities. Its environmentally friendly innovative solutions based on microbial technology have been recognized by well-known domestic enterprises, jointly promoting corporate social responsibility (ESG) and achieving the United Nations Sustainable Development Goals (SDGs). Quanta Bio's recent development of the 'Oil Wash' equipment has become a focus of attention in the catering industry, offering customers a new environmentally friendly solution for kitchen grease removal, aiming to achieve energy savings and carbon reduction goals.
Source: YAHOO
Reported about 1 year ago
The US-China trade confrontation in June 10, 2024, led to adjustments in the international political and economic landscape, sparking a trend of localization in the US. Companies like Zhenghan, I-Wei, Tai Fu, and Polar Star, who have set up production bases in the US, emerged as big winners. In the wake of the US's 'Biological Security Act,' US-China biotechnology gradually decoupled, reshuffling the industry. This shift has prompted companies to invest in on-site production, showing promising future prospects for those with established facilities in the US. Tai Fu's CDMO services in the US have garnered attention and inquiries from many clients, as the company's FDA-approved facilities provide capacities for efficient drug development and market entry acceleration. I-Wei, on the other hand, acquired Magnifica in 2013, specializing in generic drugs and 505(b)2 products, and is attracting collaborations for drug development. By adopting a dual-report strategy in China and the US, I-Wei's heart-failure drug HH-001 passed GMP inspection in Jiangsu, China, and is expected to drive significant revenue growth in the upcoming quarters. Yian expanded by establishing a US subsidiary and acquiring US medical device companies, aiming to seize innovative medical device CDMO opportunities.
Source: YAHOO
Reported about 1 year ago
The Wi-Fi Alliance launched Wi-Fi 7 product certification in 2024, with the gradual opening of the 6GHz frequency band globally driving momentum. Wi-Fi 6 dominated the market last year, reaching around 70% penetration globally, but Wi-Fi 7 is expected to rapidly climb in the next year or two. With a forecasted product penetration rate of 5% to 10% this year, network communication manufacturers are gearing up for the increased demand for higher-speed wireless networks due to AI, AR/VR, and high-quality video streaming needs. Companies like Accton, Wistron, Gemtek, WNC, and Arcadyan are expected to benefit from the Wi-Fi 7 market growth, with products such as routers, APs, gateways, smartphones, and PCs being the first wave of upgrades to the new standard.
Source: YAHOO
Reported about 1 year ago
Taiwan Xin Ting conveyor is efficient and cost-effective, aligning with the new trend of energy-saving and carbon reduction. With a team of elite mechanical engineers, Xin Ting specializes in designing and developing various automated packaging conveyors to improve production efficiency and market competitiveness. The company offers customized conveyor solutions to reduce handling costs, increase productivity, and enhance work efficiency, while also meeting the trend of energy-saving and carbon reduction. With a focus on professional service and high-quality, reliable conveyor systems, Xin Ting aims to boost productivity and competitiveness for small and medium-sized enterprises by providing tailored automation solutions and efficient after-sales services.
Source: YAHOO
Reported about 1 year ago
A recent study by TrendForce indicates that after experiencing a low capacity utilization in the lithium battery industry chain in the first quarter of 2024, market demand has rebounded since March, leading to a rise in lithium battery production and prices by April. While May saw stable battery demand and prices, there is an expected short-term decline in battery material procurement demand in June. The study also forecasts that lithium prices may face downward pressure, with lithium and energy storage battery material costs weakening by the end of the second quarter, resulting in stable to slightly lower battery prices.
Source: YAHOO
Reported about 1 year ago
Major markets like the US, Japan, and Taiwan have been performing well this year, but Japanese stocks are still undervalued compared to other markets. With structural reforms and policy efforts attracting capital inflows, Japanese stocks are now becoming the top choice for value investors. Factors like Japan's exit from long-term deflation, increases in wage adjustment, capital expenditure, and mergers and acquisitions activities, have revitalized the overall economy. Additionally, significant corporate governance reforms and tax benefits are contributing to the positive outlook on Japanese stocks, with an emphasis on long-term investment strategies.
Source: YAHOO
Reported about 1 year ago
第2屆台中精機盃CNC多軸機技能競賽結果揭曉，共有45組菁英選手參賽，車銑複合組由勞動部勞動力發展署中彰投分署與大甲高工等隊伍勇奪前三名，而五軸機組則由勤益科大等隊伍囊括前三名。獎金高達10萬元，由台中精機董事長與虎尾科大校長親自頒發，以鼓勵優秀選手持續精進，為台灣精密機械加工產業培育人才。
Source: YAHOO
Reported about 1 year ago
Xin Neng Gao's main business operation has shown significant improvement, with hopes of turning profitable quarter by quarter this year and striving for a profit in the second half. The company, specializing in lithium battery cells, is venturing into the energy storage market in collaboration with partners like Tianyu and Jieming New Energy, expecting to contribute to revenue next year. With increasing shipments of medical and IoT products, the company's gross profit margin continues to improve, narrowing its operating losses with a goal to achieve profitability in the latter part of the year.
Source: YAHOO
Reported about 1 year ago
At the global annual tech event COMPUTEX and InnoVEX held from June 4 to June 7 in Taipei, InnoVEX 2024 focused on AI, smart mobility, semiconductor applications, and green technology, attracting over 400 startups from 30 countries, setting a record in participating countries. Chang Gung University, along with the Taiwan University System Research and Industrialization Platform, showcased two highlight research teams' technologies at InnoVEX 2024, aiming to connect international industry-academic collaboration opportunities. The university presented a smart ball assistive system for assessing physical functions, successfully commercialized and used by special education schools, and the establishment of a B5G communication demonstration base for next-generation technology in smart campuses, smart healthcare, and energy conservation.
Source: YAHOO