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
Reported about 1 year ago
With the Apple Worldwide Developers Conference (WWDC) kicking off on June 11th, Taiwan stock market is focusing on fundamentally strong, low-priced Apple concept stocks such as AU Optronics (2409), Innolux (3481), and Delta Electronics (2308) among others, which have already attracted institutional buying interest last week. The highlight of this conference is expected to be the developments in generative AI, with experts predicting potential growth in Apple's industry chain and AI smartphone sector for the second half of the year. The market is shifting its attention towards stocks with growth potential, especially those related to Apple, after a surge in AI stocks post-Computex. Market experts are looking forward to Apple's advancements in AI at the WWDC, particularly in generating AI, which could impact the market significantly. However, caution is advised as some analysts view expectations on Apple stocks as possibly overrated.
Source: YAHOO
Reported about 1 year ago
Market expectations for a Fed rate cut in September have diminished, causing the US dollar index to strengthen and break 105, potentially leading to pressure on the New Taiwan Dollar post-holiday opening. Positive US non-farm payroll data last week surpassed expectations, reducing the likelihood of a Fed rate cut; as a result, major Asian currencies faced depreciation pressure. Analysts highlight the significance of Taiwan stock market performance in determining the post-holiday TWD trend, as post-Dragon Boat Festival market movements may see the TWD testing key psychological levels amid global factors impacting its value.
Source: YAHOO
Reported about 1 year ago
As global environmental awareness and ESG concepts rise, Shun Hui Machinery Co., located in Luzhu District, Taoyuan City, has seen a significant increase in orders for custom-made 'belt-type' single and double filter cloth sludge dewatering machines and 'plate-frame' filter presses. These machines are suitable for various industries including food processing for filtration dewatering of flour, sugar, beverages, and other related industries, as well as industrial wastewater sludge dewatering for papermaking, electroplating, ceramics, glass, steel, leather, chemical, paint, and other industries generating sludge. Shun Hui's sludge dewatering machines feature a closed design, European and American imported filter belts, multiple dewatering designs for high efficiency, low moisture sludge cake, low noise, energy-saving, and space-saving characteristics, making them a high value environmentally friendly and energy-saving equipment option.
Source: YAHOO
Reported about 1 year ago
Due to declining demand from mainland China and losses incurred at the mainland base, Formosa Plastics Group formulated a strategy for global sales and product transformation. The company successfully seized opportunities in markets like India, Southeast Asia, Australia, and the Middle East, while expanding operations in the US and Europe with high-value products. They are prioritizing investments in Taiwan and the US to support market growth and upgrade to high value products, focusing on digital transformation, energy transition, circular economy, and new business development amid changing global industrial trends. Formosa Plastics Group is transitioning towards high-value products and sustainable solutions to combat increasing competition from mainland China.
Source: YAHOO
Reported about 1 year ago
In Taipei on June 10, 2024, market optimism prevails for the recovery of the paper industry in the second half of the year. Rong Cheng (1909) and Zheng Long (1904) both saw revenue growth in May, attributing this positive trend to anticipated demand during the 5-6 month e-commerce festival and as a prelude to the second half of the year. Rong Cheng reported a May revenue of 4.347 billion NT dollars, a 7.22% year-on-year increase, with operating profit of 106 million NT dollars and consecutive profits for four months. Zheng Long's May revenue reached 3.838 billion NT dollars, a 6.29% year-on-year increase, the highest single-month performance since May 2022. Analysts note that the upcoming 618 e-commerce festival and inventory replenishment demand from downstream customers have driven deliveries from paper mills, boosting performance. Additionally, the paper industry is transitioning towards inventory equilibrium, with prices poised to increase in June due to major factories raising prices, signaling positive growth prospects for the second half of the year.
Source: YAHOO
Reported about 1 year ago
At COMPUTEX 2024, HOMEE AI, known for its pioneering 3D AI interior designer, emerged as a standout at InnoVEX. President Lai Ching-te personally encouraged HOMEE AI, which then partnered with industry, government, and academia to hold an AI summit, promoting the application of AI technology in industries and digital transformation. HOMEE AI showcased its 3D AI space design technology and physical furniture, attracting visitors from home and abroad. The release of the new international platform service HOMEE CASA marks their determination to expand into the international market. Founder and CEO Du Yuwei stated that technology should serve both industry and consumers, emphasizing HOMEE AI's intelligent spatial AI technology expanding into the field of architectural AI. Du Yuwei thanked the government for its support of startups, promising to continue research and development to promote Taiwan's high-quality software technology internationally. HOMEE AI's HOMEE CASA service combines various technologies like 3D, LLMs, Agent Swarm, and 3D Gaussian splatter method to create digital avatars based on real environments, offering services to businesses and consumers. Furniture retailers can integrate for free via Shopify, providing a one-stop service from design to purchase, enabling personalized setups. As a member of NVIDIA Inception, HOMEE AI has recently been featured on the NVIDIA AI Map and invited to numerous international tech exhibitions to showcase its global leading AI interior design solution. They are committed to revolutionize the spatial computing industry, offering better space design services to homes and businesses, becoming a significant player in the spatial computing sector.
Source: YAHOO
Reported about 1 year ago
Advantech (6176) announced a dividend of NT$10 per share with an ex-dividend date of June 24th, while RichWave (4915) announced a dividend of NT$4 per share with an ex-dividend date of June 20th. Both companies are experiencing increased demand in the second quarter from the gaming and AIoT sectors, leading to an improved product portfolio and higher profit forecasts. RichWave is expected to see a 20% increase in earnings this quarter, with an EPS of over NT$1.55, while Advantech is focusing on maximizing profits with the appointment of a new chairman. Forecasts suggest a positive outlook for the overall revenue growth of laptops and tablets, especially with the anticipation of increased customer demand in the upcoming quarters.
Source: YAHOO
Reported about 1 year ago
In Taipei on June 10, 2024, at 4:10 p.m., Jia Dian Precision reported a record-breaking May group consolidated revenue of 562 million NTD, a 62% year-on-year growth, with total revenue for the first five months around 2.51 billion NTD, a 20% increase from the same period last year. Jia Dian expects a strong shipment momentum in the second quarter, particularly in photomask carriers and wafer carriers with steady shipments and growth in mature and advanced processes, projecting an upward trend in operations throughout the year. With expansions in the global market, focus on expanding production capacity remains essential for Jia Dian this year. Operations in Kunshan and Chongqing factories in China are accelerating to meet market demands and challenges. The company also highlights its US subsidiary's service to major semiconductor manufacturers and plans to establish an important backup production site in Japan by 2026 given the similar work culture and infrastructure. Taiwan remains a crucial supply chain development base for AI and advanced manufacturing, with Jia Dian playing a significant role in these advancements. Overall, as Taiwan maintains efficiency and low costs, Jia Dian's future expansion plans will likely stay domestic, with steady growth in photomask carriers, expanding market share in wafer carriers, and promising trends in advanced packaging and aerospace support.
Source: YAHOO
Reported about 1 year ago
According to officials from the US and Saudi Arabia on June 10, 2024, the Biden administration is set to forge a historic Defense Treaty with Saudi Arabia, signaling US commitment to assist in defending the kingdom, with hopes to encourage Riyadh to establish diplomatic relations with Israel. The success of this diplomatic effort hinges on Israel’s commitment to the establishment of a Palestinian state, and the swift resolution of the Gaza conflict. The treaty marks a significant shift in the Biden administration’s foreign policy, particularly in light of Biden's past criticisms of Saudi Arabia for the murder of journalist Jamal Khashoggi. This agreement, which would be the first legally binding joint defense treaty for the US since the revision of the US-Japan security pact in 1960, also signifies the first time the US has entered such an agreement with an authoritarian state.
Source: YAHOO
Reported about 1 year ago
After the Dragon Boat Festival, experts suggest that the Taiwan stock market traditionally faces a slump in the 'may and june' period; however, with events like Taipei International Computer Show (COMPUTEX) and Apple's WWDC taking place, the AI trend continues to drive potential for electronics stocks in the second half. Investment managers advise adding to Taiwan stock ETFs or funds on dips, as historical data shows higher chances of a market rise before the festival and a correction afterward. Industries like AI, semiconductors, and networking are highlighted for investment opportunities post-festival, with expectations set on the continued bullish trend and positive prospects for Taiwan stocks in the future.
Source: YAHOO
Reported about 1 year ago
On June 10, 2024, ZhiGuanTech specializes in 3D printing integrated services and equipment sales, collaborating with BMF to provide clients with ultra-high precision rapid prototyping and processing of small batches of precise plastic parts. Their 3D printing system offers customers cost-efficient options compared to traditional molding methods, with global-leading printing accuracy up to 2 micrometers, precise tolerance control, and various printing materials available. The company is set to launch their Longtan plant in Q4 next year.
Source: YAHOO
Reported about 1 year ago
As artificial intelligence (AI) continues to advance, it is reshaping the energy conservation and carbon reduction industry, altering the generation, distribution, and pricing models of electricity. Companies like Compresses are specializing in energy efficiency and promoting 'deep energy conservation' within the AI energy sector. By assisting enterprises in achieving energy efficiency certifications and providing guidance towards decarbonization, Compresses ensures that public utility systems maintain optimal operation post-improvements, leading to sustained energy savings. Through the innovative use of AI, Compresses has successfully helped hundreds of projects achieve an average energy saving rate of approximately 30-40%. Leveraging over 30 years of expertise, experience, and the EMSS AI energy monitoring system, Compresses identifies energy-saving opportunities, optimizes energy consumption, and prioritizes conservation efforts. By effectively managing energy systems like air compression, enterprises can significantly reduce energy costs, as demonstrated by a local petrochemical plant that saved 210 million NTD annually by managing its air compression system efficiently. For more information, contact Compresses Energy Technology at compresses.com.tw or (02) 2601-6589, email: [email protected].
Source: YAHOO
Reported about 1 year ago
Despite the latest U.S. nonfarm payroll data exceeding expectations, expectations of slowing inflation lead to the market believing the Federal Reserve will cut rates this year. The yield on the U.S. 10-year Treasury has dropped from its peak of 4.7%, driving a strong rebound in investment-grade corporate bonds. With the likelihood of the Federal Open Market Committee holding rates steady in June, positioning in investment-grade corporate bonds now could provide high interest returns in the short term, with potential capital gains in the medium to long term from the rate cuts. The article also discusses the benefits of long-term investment-grade bonds and higher-yielding financial bonds during times of rate cuts.
Source: YAHOO
Reported about 1 year ago
Yean-Fung Precision's General Manager, Chen Min-chih, has developed a groundbreaking diamond-grade 'pneumatic impact wrench' that subverts tradition, catering to diverse industries such as machinery, electronics, medical, aerospace, transportation, and defense. The company's precision investment casting industry, combined with advanced technology and equipment, not only produces traditional mechanical hardware but also actively explores aluminum alloy-related businesses, including the diamond-grade 'pneumatic impact wrench, bicycle specialty tool accessories, and muscle cars,' showcasing a comprehensive and diversified operation. Chen Min-chih, Yean-Fung Precision's Chairman, emphasizes the company's vital role in Taiwan's core industries, with products boasting high practicality and originality, holding ISO 9001:2000 certification and gaining favor in the domestic and international markets, particularly in Europe and the US. The diamond-grade 'pneumatic impact wrench' is noted for its durability and efficiency, manufactured using a different method than traditional forging, utilizing vacuum suction to precisely create the hammer mechanism, ensuring superior lifespan and strength. Employing computerized control from order placement, production planning, cost calculation, process control, to shipment, Yean-Fung Precision enhances efficiency and accumulates experience for reference, facilitating education to pass on the knowledge to new employees. The company's product range is extensive, covering various industry sectors such as general hardware components, mechanical parts, pneumatic tool components, sports equipment parts, nail gun parts, bicycle parts, food parts, cast iron/stainless steel pots, X-shaped aluminum alloy ring phone cases, and bicycle chain breakers/cassette tool sets. For more information, visit Yean-Fung Precision's website at: http://www.yean-fung.com.tw.
Source: YAHOO
Reported about 1 year ago
Taiwan's National Development Fund has agreed to allocate billions of dollars to the Ministry of Science and Technology to boost investment in AI startups as a silver bullet solution. The Ministry plans to create a virtual AI ecosystem park to construct an AI industry ecosystem, aiming to stimulate the formation of the ecosystem. With the government focusing on AI innovation and applications like smart transportation and healthcare, the goal is to position Taiwan as a global AI hub, emphasizing collaboration and investment in AI startups to enhance the industry ecosystem.
Source: YAHOO
Reported about 1 year ago
Taipei, June 10, 2024, 4:10 PM - Winway Technology's consolidated revenue in May reached 355 million, a 24.24% decrease from the previous month and an 8.86% drop from the same period last year. The decline was attributed to delayed material arrivals affecting shipments, but the accumulated revenue for the first five months of the year hit a new high of 1.898 billion, maintaining optimism for the year's growth despite setbacks. Winway, a semiconductor test interface solution provider, emphasizes its deployment across various AI, HPC, and 5G applications, showcasing advancements and contributing to high-speed testing interface opportunities in the market, especially in AI-driven technologies showcased at COMPUTEX 2024 and VOICE 2024. The company also highlights its establishment of a High-speed Measurement/Simulation Lab in the Hsinchu TAIYO Technology Park and recent participation in industry events to expand its presence in North America, in response to evolving market demands.
Source: YAHOO
Reported about 1 year ago
As of June 10, 2024, South Korea's exports to the US in the first five months of the year surpassed those to China by $610 million, raising the possibility of the US becoming South Korea's largest export market for the first time in 22 years. This trend follows the US overtaking China as South Korea's largest export market in December last year. Data from various South Korean agencies revealed that from January to May, exports to the US totaled $53 billion, exceeding exports to China which amounted to $52.69 billion. The surge in exports to the US in the automotive and semiconductor industries drove the record high $11.4 billion exports in April. However, China reclaimed the top spot in May with imports totaling $11.4 billion due to demand for electronics and chips, while the US maintained a strong import figure of $10.9 billion. The overall growth in South Korea's exports to the US since 2017 has steadily increased, reaching $115.71 billion in 2023, with exports accounting for 18.3% of the total, surpassing the sum of ASEAN countries at 17.3%. On the other hand, South Korea's exports to China have declined since reaching a historical high in 2021, mainly due to China's slow economic recovery and enhanced self-sufficiency in the supply chain. The report also highlighted concerns over the growing trade surplus with the US, suggesting diversifying the import pipelines for energy and agricultural products and reducing dependence on the US market to alleviate potential risks.
Source: YAHOO
Reported about 1 year ago
As the Russia-Ukraine war escalates and tensions rise between Europe and China, European countries are increasingly wary of the national security threats posed by Chinese industries. With 16% of Sweden's wind power owned by Chinese enterprises, concerns are mounting over energy risks. Despite reassurances from Swedish officials that laws in Sweden and the EU can handle potential threats, the involvement of Chinese state-owned enterprises like CGN Group has raised security alarms. The investments have also faced scrutiny for their economic risks, including complex ownership structures, lack of financial transparency, and substantial debts.
Source: YAHOO
Reported about 1 year ago
In financial news, 14 listed financial holding companies reported a combined monthly net profit of 52.649 billion USD in May, more than double compared to the same period last year, marking a new high in monthly profits and attributing the growth to the bullish stock market and lively investment atmosphere. The three major engines of banks, life insurance, and securities under the financial holdings all contributed to the significant double-digit profit growth year-on-year. With ten companies already accumulating over 10 billion USD in net profit and the top performers like Fubon Financial, Cathay Financial Holdings, and more, the financial sector is expected to continue this positive trend throughout 2024.
Source: YAHOO
Reported about 1 year ago
With the demand for office space increasing and current supply unable to meet the needs, the commercial office market in Taipei and New Taipei has seen a rise in pre-sale purchases as businesses secure properties earlier. The transaction price per unit has become a leading indicator in the office market. Notable pre-sale cases include 'TAIPEI ONE' in Taipei City and 'Far Glorious' in New Taipei City. The increasing trend of pre-sale purchases signals a growing interest in securing office spaces before completion, with some properties already fully sold even before completion.
Source: YAHOO
Reported about 1 year ago
Taipei - On June 10, 2024, at 4:10 PM, Godson Technology (stock code 3558) showcased its first 2U/2S dual-processor rack server SR710 equipped with the new generation XeonR 6 processor from Intel at COMPUTEX 2024, indicating its entry into the server market. The chairman of Godson, Cai Wenhe, stated that by 2025, the company's Computing products, mainly servers, will account for 50% of the company's operations, showing great optimism for the future of the server sector. With a focus on network equipment and solutions, Godson expanded into the server product line after introducing the first SmartNIC designed with Intel XeonR D processors. The SR710 rack server is designed based on the Open Compute Project's Modular Hardware System (DC-MHS) architecture, featuring the new XeonR 6 processors. Cai mentioned that the company has invested about 6 to 7 years into server planning and R&D until now, with plans for Computing products to constitute 50% of the business by the end of 2025.
Source: YAHOO
Reported about 1 year ago
Experts in academia and industry believe that production control can provide integration benefits for small and medium-sized enterprises and deliver synergies for large corporations aiming at sustainable operations. With the increasing trend of global industrial transformation, carbon neutrality, corporate succession, and sustainability, the era of Taiwanese companies operating independently is coming to an end. Collaboration through industrial control models is becoming a crucial solution, allowing companies to optimize resource allocation and maximize efficiency in the face of evolving industrial supply chains. The establishment of an 'industrial fund' and embracing collaborative approaches like mergers and acquisitions or overseas expansions can help businesses adapt to the changing landscape. Collaboration between enterprises, particularly through production control, is seen as vital for enhancing competitiveness and overcoming obstacles to transformation.
Source: YAHOO