Among the nation's top 5,000 enterprises, China Steel Express Corp (
For three consecutive years, from 2000 to 2002, MediaTek had topped the list of best-performing companies, according to the CCIS.
As a result of rising shipment fares and the recovery in the steel and raw-materials sectors, China Steel Express' revenues jumped 74.6 percent from NT$5.8 billion in 2002 to NT$10.1 billion, with NT$2.6 billion in after-tax profits, last year.
According to the information-service company, Princo made a comeback after weathering some stormy waters in 2000. The rebound in the economy last year boosted prices of the company's optoelectronics products, as well as its expansion plans, and Princo's revenues quickly surged 132 percent to hit NT$10.6 billion last year with a net profit of NT$3.3 billion.
As Taiwan suffered its worst-ever recession in 2001, seeing a negative 2.18 percent growth in GDP, the average revenues of the nation's top 5,000 enterprises declined by 6 percent, and that of the top 500 by 5 percent.
Before 2000, revenues of the nation's top enterprises had seen an average growth of 10 percent per year, said Jill Shen (
"Fortunately, we began to see businesses rebounding steadily after they stopped bleeding last year," Shen said yesterday.
On the top 5,000 list, Hon Hai Precision Industry Co (鴻海精密) was the biggest private manufacturer, with NT$327 billion in revenues last year, while Cathay Life Insurance Co (國泰人壽) had the highest revenues, at NT$474 billion.
In the services sector, the International Bills Finance Corp (
Chinese Petroleum Corp (CPC,
The CCIS study ranked Taiwan Semiconductor Manufacturing Co (台積電) and Cathay Financial Holding Co (國泰金控) as the companies with the most assets in the manufacturing and financial-service sectors, respectively.
Kaohsiung Hitachi Co (
BUSINESS UPDATE: The iPhone assembler said operations outlook is expected to show quarter-on-quarter and year-on-year growth for the second quarter Hon Hai Precision Industry Co (鴻海精密) yesterday reported strong growth in sales last month, potentially raising expectations for iPhone sales while artificial intelligence (AI)-related business booms. The company, which assembles the majority of Apple Inc’s smartphones, reported a 19.03 percent rise in monthly sales to NT$510.9 billion (US$15.78 billion), from NT$429.22 billion in the same period last year. On a monthly basis, sales rose 14.16 percent, it said. The company in a statement said that last month’s revenue was a record-breaking April performance. Hon Hai, known also as Foxconn Technology Group (富士康科技集團), assembles most iPhones, but the company is diversifying its business to
Apple Inc has been developing a homegrown chip to run artificial intelligence (AI) tools in data centers, although it is unclear if the semiconductor would ever be deployed, the Wall Street Journal reported on Monday. The effort would build on Apple’s previous efforts to make in-house chips, which run in its iPhones, Macs and other devices, according to the Journal, which cited unidentified people familiar with the matter. The server project is code-named ACDC (Apple Chips in Data Center) within the company, aiming to utilize Apple’s expertise in chip design for the company’s server infrastructure, the newspaper said. While this initiative has been
GlobalWafers Co (環球晶圓), the world’s No. 3 silicon wafer supplier, yesterday said that revenue would rise moderately in the second half of this year, driven primarily by robust demand for advanced wafers used in high-bandwidth memory (HBM) chips, a key component of artificial intelligence (AI) technology. “The first quarter is the lowest point of this cycle. The second half will be better than the first for the whole semiconductor industry and for GlobalWafers,” chairwoman Doris Hsu (徐秀蘭) said during an online investors’ conference. “HBM would definitely be the key growth driver in the second half,” Hsu said. “That is our big hope
The consumer price index (CPI) last month eased to 1.95 percent, below the central bank’s 2 percent target, as food and entertainment cost increases decelerated, helped by stable egg prices, the Directorate-General of Budget, Accounting and Statistics (DGBAS) said yesterday. The slowdown bucked predictions by policymakers and academics that inflationary pressures would build up following double-digit electricity rate hikes on April 1. “The latest CPI data came after the cost of eating out and rent grew moderately amid mixed international raw material prices,” DGBAS official Tsao Chih-hung (曹志弘) told a news conference in Taipei. The central bank in March raised interest rates by