Compal Electronics Inc (仁寶電子), the nation's second-largest notebook computer maker, said last month's sales rose 65 percent from a year ago to NT$20 billion (US$588 million), according to a Taiwan Stock Exchange statement. Sales rose from NT$12.2 billion in July last year.
Shares of Compal Electronics, whose stock has slid 27 percent this year, added NT$0.10, or 0.3 percent, to close at NT$31.80.
Compal Electronics said on Monday that it may spend as much as NT$4 billion (US$117 million) to buy back 100 million shares.
The Taipei-based company plans to buy the shares for as much as NT$40 each, it said in a filing to the Taiwan Stock Exchange. The buyback started yesterday and last through Oct. 9.
Quanta Computer Inc (廣達電腦), the world's largest notebook computer maker, said last week it plans to buy back as many as 20 million shares for as much as NT$65 each.
The company said yesterday its July sales declined 9 percent from a year ago to NT$23.0 billion (US$675 million). Sales dropped from NT$25.2 billion in July last year.
Powerchip Semiconductor Corp (
Powerchip, Taiwan's largest memory-chip maker, plans to buy the shares for as much as NT$30 each, the company said in a filing to the exchange late Monday.
Stephen Garrett, a 27-year-old graduate student, always thought he would study in China, but first the country’s restrictive COVID-19 policies made it nearly impossible and now he has other concerns. The cost is one deterrent, but Garrett is more worried about restrictions on academic freedom and the personal risk of being stranded in China. He is not alone. Only about 700 American students are studying at Chinese universities, down from a peak of nearly 25,000 a decade ago, while there are nearly 300,000 Chinese students at US schools. Some young Americans are discouraged from investing their time in China by what they see
Taiwan Transport and Storage Corp (TTS, 台灣通運倉儲) yesterday unveiled its first electric tractor unit — manufactured by Volvo Trucks — in a ceremony in Taipei, and said the unit would soon be used to transport cement produced by Taiwan Cement Corp (TCC, 台灣水泥). Both TTS and TCC belong to TCC International Holdings Ltd (台泥國際集團). With the electric tractor unit, the Taipei-based cement firm would become the first in Taiwan to use electric vehicles to transport construction materials. TTS chairman Koo Kung-yi (辜公怡), Volvo Trucks vice president of sales and marketing Johan Selven, TCC president Roman Cheng (程耀輝) and Taikoo Motors Group
MAJOR DROP: CEO Tim Cook, who is visiting Hanoi, pledged the firm was committed to Vietnam after its smartphone shipments declined 9.6% annually in the first quarter Apple Inc yesterday said it would increase spending on suppliers in Vietnam, a key production hub, as CEO Tim Cook arrived in the country for a two-day visit. The iPhone maker announced the news in a statement on its Web site, but gave no details of how much it would spend or where the money would go. Cook is expected to meet programmers, content creators and students during his visit, online newspaper VnExpress reported. The visit comes as US President Joe Biden’s administration seeks to ramp up Vietnam’s role in the global tech supply chain to reduce the US’ dependence on China. Images on
New apartments in Taiwan’s major cities are getting smaller, while old apartments are increasingly occupied by older people, many of whom live alone, government data showed. The phenomenon has to do with sharpening unaffordable property prices and an aging population, property brokers said. Apartments with one bedroom that are two years old or older have gained a noticeable presence in the nation’s six special municipalities as well as Hsinchu county and city in the past five years, Evertrust Rehouse Co (永慶房產集團) found, citing data from the government’s real-price transaction platform. In Taipei, apartments with one bedroom accounted for 19 percent of deals last