Reported about 1 year ago
Celebrating Abundance collaborates with HOMEE AI to enhance their online e-commerce channel operations by using the AI SaaS software, 'HOMEE AI,' to simulate a variety of curtain types and measurements in real-life spaces on the platform, allowing consumers to purchase curtain products on the HOMEE mall, empowering home design and home decor shopping with AI digital transformation experience. This move aims to solve online curtain shopping pain points, deepen their online e-commerce layout, and improve the overall value chain services to boost operational efficiency positively. The collaboration is set to launch officially in the third quarter of this year in the Americas.
Source: YAHOO
Reported about 1 year ago
BDMC Chairman, Xie Bilian, highlighted on 10th June 2024 that the Vietnamese government amended its film law in 2022 to support filming by foreign companies in Vietnam and established a film development fund to sponsor the industry. The Vietnamese film 'Mai,' which premiered during the Lunar New Year, broke box office records with over 7 million viewers and showed in 200 theaters in the US, Canada, and Europe, becoming the highest-grossing Vietnamese film in these regions. This success underscores the growth of Vietnam's film market, paving the way for potential global prominence.
Source: YAHOO
Reported about 1 year ago
The Japanese Yen has been in a state of super depreciation against the US Dollar for nearly three months, with market attention on whether the Bank of Japan will take action to intervene against the Yen at its policy meeting on June 14. Foreign banks analyze that if the Bank of Japan intends to intervene, it may reduce bond purchases, boost Japanese government bond yields, and raise interest rates again, to curb the depreciation trend of the Yen. Details on potential measures and their implications are discussed, considering the impact on inflation, consumption, business profits, exports, and the overall economy of Japan.
Source: YAHOO
Reported about 1 year ago
In order to promote sound industrial administrative management, the Ministry of Economic Affairs initiated a nationwide factory check and operational survey from June 1 to July 10, 2024. Taoyuan City, as an important industrial hub, had 12,257 factories participate in the survey, with city officials dispatching inspectors to ensure data accuracy. The city government will provide guidance if any factory ceases operations, relocates, or changes registration details, urging the businesses to make relevant changes or announcements. With dynamic factory information being crucial for national economic development, the survey not only aims to correct factory registration basics but also requires data on business income and expenses, production and sales volumes, technology transactions, and research and development expenses for industry development and industrial planning. The City Government also reminds businesses to conduct self-inspections, referring to the new laws on factory hazardous material declaration and public liability insurance for industrial accidents.
Source: YAHOO
Reported about 1 year ago
Grintimate, the company leading in global patented liquid static pressure bearing technology, introduced the GRC-060 liquid static pressure flat grinding machine in 2019 to assist the precision machining industry in upgrading. Equipped with self-developed liquid static pressure spindle and rotary worktable, the machine significantly reduces vibration and wear, improves operational precision, extends equipment lifespan and stability, making it the best tool for precision grinding. Despite recent fluctuations in the international economy, Grintimate's outstanding performance reflects continual innovation and cutting-edge technology, featuring exclusive liquid static pressure bearing technology, high-speed spindle, rotary worktable, and sliding track module. Their tools cater to precision machining of hard and brittle materials, mirror grinding, and contribute to industry competitiveness and energy efficiency in alignment with the current trend of carbon reduction and industrial upgrade efforts.
Source: YAHOO
Reported about 1 year ago
The growth in the layout of green energy industries such as solar energy and energy storage has led to full order books for mechanical and electrical giants. Companies like Shihlin Electric (1503), Chengxing Electric (1513), Yulik (1514), and Huacheng (1519) have order amounts ranging from 10 to 40 billion NT dollars, with visibility extending at least until the end of 2026. Market optimism suggests that these companies will achieve record revenues and profits in the coming year.
Source: YAHOO
Reported about 1 year ago
NVIDIA, led by Huang Renxun, claimed the top spot on the 2024 Fortune 100 Best Leadership Companies List, surpassing Microsoft. NVIDIA's stock split 1:10 took effect on July 7, with the stock price slipping by 0.35% on July 10. The ranking, based on factors like strategic clarity, leadership consistency, and focused action, highlights Huang Renxun's exceptional leadership. While stock performance was not a criterion, companies leading the list tend to outperform financially. This year, among the top 25 companies, there were more tech firms than healthcare companies as the AI trend rises.
Source: YAHOO
Reported about 1 year ago
Recently, the combination of AI and robots, known as 'AI robots,' has become a major technological focus. Leading controller manufacturer Bao Yuan CNC (4587) has a strong presence in the Asian market for industrial robot controllers and aims to ship over 10,000 units of multi-axis high-end robot controllers. These controllers will be used in various applications such as welding robots, polishing robots, spraying robots, CNC machine feeding robots, plastic machine feeding robots, and handling robots, positioning the company as a leader in advanced robot controllers in Taiwan. With expertise in combining robotics and AI, Bao Yuan CNC's technology has been successfully applied in areas like defect detection in manufacturing, reaching an accuracy rate of over 98.5%. As the company enters 2024, it marks the beginning of Bao Yuan's expansion into AI robot controller development, providing a wide range of AI robot controllers for manufacturing purposes in industrial and consumer sectors. These products are not conceptual prototypes but built on the foundation of selling thousands of high-quality industrial robot controllers annually, aiming to strengthen Taiwan's position in the global competition of AI robotics.
Source: YAHOO
Reported about 1 year ago
Japan's official report for the first quarter of this year (January to March) showed a revised economic contraction less severe than initially estimated due to an upward revision in capital spending and inventory data, which market analysts believe will provide mild support for a potential rate hike by the Bank of Japan this year. Despite the prolonged weakness of the yen and uncertain prospects for the automotive sector this quarter, analysts anticipate a rebound in the Japanese economy following the bottoming-out in the first quarter of the year. The Bank of Japan is expected to scale back its bond purchases at this week's meeting to slow the monthly pace of purchases by around 6 trillion yen and could raise the benchmark interest rate range to 0.15-0.25% in July, leading to a rise in Japanese bank stocks and a weakening yen exchange rate against the US dollar.
Source: YAHOO
Reported about 1 year ago
雷虎科技參與2024年歐洲台灣形象展Taiwan Expo，展示最新的戰術型無人機地面站TB-1系列，此產品針對無人機操作者設計，配合雷虎的微型短程偵察無人機TM-450 TETTRON和TM-450 Hornet大黃蜂使用。TB-1地面站採一體成型設計，操作感覺優秀，具備觸控螢幕、特製UI介面等功能，結合自主開發的GCS軟體可管理無人機飛行任務，展示未來將推出更具競爭力的無人機產品，計畫進軍歐美無人機市場。
Source: YAHOO
Reported about 1 year ago
Yuan Ning Enterprise in Xinfeng Township, Hsinchu County, after developing the 'membrane compressor' and participating in the 'CO2 recovery, methanol reforming research project' in 2023, is now applying 'hydrogen recovery and purification technology' from industrial processes to fuel cell power generation with successful results. Yuan Ning has been approved by a reputable chemical factory in southern Taiwan for their hydrogen recovery purification equipment. Yuan Ning's diversification efforts are showing promising results in the industry. Chairman Feng Tianan emphasized the capabilities and characteristics of special gas compressors, especially the success of the membrane compressor in handling special gases. Additionally, Yuan Ning is the authorized distributor for SAUER Compressors in Taiwan and is progressing well in various hydrogen supply equipment development projects, aligning with the government's 2050 carbon neutrality goal.
Source: YAHOO
Reported about 1 year ago
As of June 10, 2024, at 4:10 PM, it is expected that Taiwan Power Company's resilient grid project will accelerate in the face of power shortages, along with the U.S. infrastructure driving demand for transformers, leading to positive revenue for Huacheng and Star Electric. After nearly two months of adjustment, the stock prices of the electrical giants Huacheng (1519) and Star Electric (1503) have finally rebounded, each returning to their respective monthly and weekly lines. Huacheng's EPS for the first quarter has risen to a record high of 2.29 yuan, and self-reported EPS from January to April is 3.69 yuan. Huacheng, the only domestic producer of large 500kV transformers, is investing 880 million yuan in a new plant to increase transformer production capacity. Star Electric is expanding into the green energy sector by operating solar power plants and energy storage systems in Japan, Australia, and other countries, with a strong financial performance expected for the first quarter.
Source: YAHOO
Reported about 1 year ago
According to the latest 'RMB Internationalization White Paper' released by the Bank of China on June 10, 2024, the yuan's global payment share reached 4.14% by the end of last year, a significant increase of 2.23 percentage points from January 2023. Nearly 60% of overseas financial institutions are considering increasing RMB assets, and over 80% of enterprises believe that the yuan's status in the next decade will be on par with the Japanese yen and British pound, indicating the steady progress of the internationalization of the yuan. The white paper, based on a questionnaire survey involving 3,777 domestic and foreign companies and overseas financial institutions conducted by the Bank of China in January this year, details the ongoing deepening of RMB internationalization, attributed to regional integration, trade and financial cooperation between China and related regions, and China's firm trade position globally and regionally.
Source: YAHOO
Reported about 1 year ago
Taipei - On June 10, 2024, at 4:10 pm, process automation sensor manufacturer Hundate and precision machinery metal processing parts manufacturer Shisuo are both targeting opportunities in the AI industry and actively expanding their presence. Hundate has ventured into the AI industry with its sensor for server water cooling systems, gradually increasing production since the fourth quarter; Shisuo is collaborating with customers to develop heat management solutions to enter the AI field. The article also discusses the trend towards liquid cooling systems to meet the demands of fast GPU processors in the AI era.
Source: YAHOO
Reported about 1 year ago
Li Shuhui/Taipei reported on June 10, 2024, at 4:10 pm. Bearing factory Sigurd (1582) benefited from the low-orbit satellite product shipments, surveillance monitor base driven by AI PC leading to product combination optimization, along with the traditional peak season effect, the second quarter revenue is expected to exceed the standard, challenging nearly 20% quarter-on-quarter growth. Maintaining a high profile in the third quarter, analysts estimate that Sigurd's EPS this year is expected to challenge 7 yuan, earning over half of the stock's capital for the second consecutive year.
Source: YAHOO
Reported about 1 year ago
Fubon Financial Group has committed to having all its domestic and international operating locations run on 100% green energy by 2040. To expand its green energy footprint, it recently signed a green energy procurement contract with Star Power for a total of 4.39 million kWh with six subsidiaries including Fubon Life, Taipei Fubon Bank, Fubon Insurance, Fubon Securities, Fubon Asset Management, and Fubon Futures. This initiative marks the first instance in Taiwan's financial industry of extending green energy deployment to outlying islands. Fubon continues to work towards its net-zero vision by progressively reducing its carbon footprint through concrete actions like this, demonstrating its commitment to sustainability and environmental responsibility.
Source: YAHOO
Reported about 1 year ago
In an article by Hsu Chun-yang on June 10, 2024, at 4:10 p.m., it is reported that Taiwan Shun Cheng’s top needle technology, focusing on the single product of 'top needle,' has held a strong presence in the mechanical parts industry for over 40 years. The company has achieved international-level quality for Taiwan's top needles, which are on par with Japan and Germany in terms of quality but priced relatively lower. Its outstanding performance has earned admiration from Taiwan's manufacturers and astonishment from international counterparts. Taiwan Shun Cheng has become the leading brand for high-precision top needles in Taiwan.
Source: YAHOO
Reported about 1 year ago
With the chemical industry facing challenges in recent years, Taiwan Rubber (2103) is reshaping its product structure and focusing on the medical equipment sector, seizing the opportunity for new materials in the environmental protection trend, particularly in products like infusion bags. By entering the medical industry, the company is expected to expand its product range and output next year. Taiwan Rubber is shifting from PVC to thermoplastic elastomers (TPE) for products like infusion bags, aligning with the growing trend of environmental regulations favoring TPE. The company is also developing materials for hygiene products such as elastic films and non-woven fabrics for items like diapers and masks, with plans to invest further in high-value TPE products and research for medical applications.
Source: YAHOO
Reported about 1 year ago
Leiying Technology Co., Ltd., listed as a rising star, specializes in laser measurement tool positioning technology, focusing on the development and manufacturing of products like ultrasonic drivers, ultrasonic amplitude measurement tools, and non-contact laser measurement tools. The company provides smart measurement technology for the machine tool industry and semiconductor industry, offering solutions for wafer cutting measurement and manufacturing. Additionally, Leiying also excels in lightweight composite material technology, developing products such as carbon fiber, aluminum alloy, and steel and cast iron alloy heterogeneous joint products. Their main products include thermoplastic impregnated plastic carbon fiber tapes, carbon fiber and metal heterogeneous joint modification agents, and laser-assisted mechanical arm automatic tape wrapping machines, with service applications covering various lightweight areas in different industries.
Source: YAHOO
Reported about 1 year ago
The economic momentum in the US has slowed down, with short-term correction pressure on US stocks, but with good fundamental support, the outlook remains positive. AI-related groups with promising operational prospects in the tech sector continue to dominate the market, with Taiwan's stock market benefiting from increasing and deepening industry connections with the US. June marks the significant tech event COMPUTEX in Taipei, where the presence of three semiconductor giants provides a profit boost for Taiwanese factories. With Taiwan's clear advantage in the global AI supply chain, AI applications are expanding rapidly, from cloud to user terminals such as AI PCs and AI phones. This presents an excellent opportunity to invest in Taiwanese funds, particularly in tech funds like the Evergreen Uni-Trend Fund, which has achieved outstanding long-term returns and is currently offering discounted fund subscriptions through Uni-President Securities' official website until September 2024.
Source: YAHOO
Reported about 1 year ago
The impact of the US-China trade war has led to a reshuffle in industries, prompting Taiwan's biotech industry to ride the wave of the US 'Biological Security Act' by setting up factories in the US. Major companies like Bora Biotechnology, Taiyao, and Nanomeditech are making moves, with initial investments starting at around 8 billion NTD, setting a new record for Taiwanese biotech investments in the US. The trend is expected to continue as companies like Bora Biotechnology are leading the charge with significant acquisitions and expansions in the American market.
Source: YAHOO
Reported about 1 year ago
Pingao Enterprises Co., Ltd., located in Douliu, Yunlin, was established in 1977 initially focusing on food packaging machines for OEM services. They later developed their own durable packaging machines under the brand 'XYN,' with speeds now more than doubled compared to before. The machines are used for packaging liquids, powders, and gels, and have gained high praise worldwide for their quality and efficiency. The company has expanded its product range to include various models suitable for different types of food packaging needs. With a strong R&D team, they also offer customized tea and coffee products to meet customer demands. Their new advanced and standardized factory in Douliu provides improved services, catering to the demands of the AI era as they strive for automation and food safety in response to the market. For more information, visit Pingao's official website: http://www.pingaogroup.com/ and the machinery website: http://www.pingaopack.com/.
Source: YAHOO
Reported about 1 year ago
2024年6月10日下午4:10，台北報導指出，建通精密受惠端子客戶備貨需求提升和銅價上漲，5月營收3.23億元，年增率超過六成，今年前五月營收達12.04億元，成長27.4％。建通期待未來持續營運向上攀升，並規劃新煉銅廠計畫進展，預計可挹注營收。
Source: YAHOO
Reported about 1 year ago
In May, the New Taiwan Dollar increased by 1.22 cents or 0.37%, marking its first monthly gain this year. However, the Nominal Effective Exchange Rate (NEER) and Real Effective Exchange Rate (REER) both decreased to 100.64 and 104.34 respectively, hitting near nine-month and near two-month lows as reported by the Taipei Foreign Exchange Market Development Foundation. While the New Taiwan Dollar rebounded, its effective exchange rates dropped due to corrections in the stock market, potentially boosting Taiwan's export price competitiveness. Despite the New Taiwan Dollar outperforming currencies like the Japanese Yen and Chinese Yuan, it lagged behind the Australian Dollar, British Pound, Euro, and Swiss Franc leading to the reduction in NEER and REER metrics.
Source: YAHOO
Reported about 1 year ago
In response to the market demand for emphasizing the aesthetic appeal of precision machinery and tools for processing various parts, Jabez, a well-known control box manufacturer in Taiwan, has launched a series of new European standard combination type electronic control boxes including stainless steel and inclined piano-style varieties, ultra-thin aesthetic streamlined control boxes, and the TEKNOKOL Support Arm system and control panel from Turkey applied in various industries like tooling machines, industrial machinery, semiconductors, medical technology, and AI automation equipment made of aluminum alloys. The company's products aim to enhance both functionality and visual appeal, catering to the evolving needs of the industry.
Source: YAHOO