Saturday, October 18, 2014
Although smartphone camera lens supplier Largan (大立光) Precision Co. reported better-than-expected earnings for the third quarter on Thursday, its share price faced heavy downward pressure on the local main board throughout Friday trading, dealers said.
Taishin International Bank (台新銀行) recently became the first bank in Taiwan to concurrently team up with four third-party payment service providers, as the bank readies itself to make headway in the payment business.
Asustek Computer (華碩電腦) recently posted better-than-expected consolidated revenues of NT$123.93 billion for the third quarter, a 17.8-percent sequential growth rate and a 4.13-percent increase from the same quarter in 2013.
Having seen sales impacted by U.S. anti-dumping measures, Solartech Energy (昇陽光電) and Tainergy Tech (太極能源) are currently expanding their overseas capacities in Malaysia and Vietnam, respectively.
The U.S. dollar rose against the Taiwan dollar Friday, gaining NT$0.011 to close at NT$30.421, as foreign investors moved their funds out of the country, pushing up demand for the U.S. currency, dealers said.
Shares in Taiwan, and especially high-tech heavyweights, took a beating Friday amid investor fears of volatility in global equity markets and lingering food safety concerns at home, dealers said.
A department store yesterday announced brisk sales on its annual promotional discount, as consumers load up kitchen and cooking products during its annual promotional sales drive season that kicked off on Thursday.
Friday, October 17, 2014
Taiwan's HTC Corp. (宏達電) unveiled the Nexus 9 tablet computer in the United States Wednesday, the first tablet running on Google Inc.'s latest Android 5.0 operating system, codenamed Lollipop.
Following in the steps of local peers, Shinkong Life Insurance (新光人壽) is poised to increase its investments in commercial real estate markets in major cities across Vietnam, Myanmar, mainland China and elsewhere.
As more Asian insurers increase capital deployment to the global real estate market in the next five years, Taiwanese and mainland Chinese insurance giants are expected to be more active given the dull market at home.