Almost all publicly listed companies have submitted earnings reports for the first six months to the financial authorities as required, the Securities and Futures Bureau under the Financial Supervisory Commission said in a statement.
As of 6pm yesterday, 673 out of 676 companies listed on the TAIEX had finished the procedure, and all 458 companies listed on the Gretai Stock Exchange market had done so, the bureau said.
Oncoprobe Biotech Inc (
The negative evaluation of Oncoprobe Biotech is related to former company chairman Huang Lien-cheng (黃連城), who allegedly violated the Securities and Exchange Law (證券交易法) and has come under investigation by prosecutors.
The Taiwan Stock Exchange Corp and the Gretai Securities Market will review 5 percent of the reports in the next three days.
The bureau's statistics showed that for the first half of the year, the nation's listed companies earned a total of NT$4.51 trillion in revenues, a 28.97 percent increase over the same period last year. TAIEX-listed companies contributed NT$3.11 trillion of that amount, marking 27.88 percent growth, while Gretai-listed firms pitched in NT$523.7 billion, recording 37.92 percent growth.
The statistics further indicated that pretax income for the companies reached NT$662.2 billion during the January-June period, a 114.56 percent jump from last year.
In a note released by HSBC Asset Management Ltd in Taiwan yesterday commenting on the earnings reports, IC designers, manufacturers of thin-film transistor liquid-crystal displays (TFT-LCD), component makers and a few steel and construction companies had the best performance with an average growth rate above 50 percent for the first half of the year.
AU Optronics Corp (
In terms of earnings per share (EPS), MediaTek Inc (聯發科技) topped the chart with EPS of NT$11.67, followed by Elite Semiconductor Memory Technology Inc (晶豪科技) with NT$11.64 and Grand Hall Enterprise Co (關中公司) with NT$7.92.
Meanwhile, amid tightening regulation and a financial scandal involving Procomp Informatics Inc (
Among the rows of vibrators, rubber torsos and leather harnesses at a Chinese sex toys exhibition in Shanghai this weekend, the beginnings of an artificial intelligence (AI)-driven shift in the industry quietly pulsed. China manufactures about 70 percent of the world’s sex toys, most of it the “hardware” on display at the fair — whether that be technicolor tentacled dildos or hyper-realistic personalized silicone dolls. Yet smart toys have been rising in popularity for some time. Many major European and US brands already offer tech-enhanced products that can enable long-distance love, monitor well-being and even bring people one step closer to
Malaysia’s leader yesterday announced plans to build a massive semiconductor design park, aiming to boost the Southeast Asian nation’s role in the global chip industry. A prominent player in the semiconductor industry for decades, Malaysia accounts for an estimated 13 percent of global back-end manufacturing, according to German tech giant Bosch. Now it wants to go beyond production and emerge as a chip design powerhouse too, Malaysian Prime Minister Anwar Ibrahim said. “I am pleased to announce the largest IC (integrated circuit) Design Park in Southeast Asia, that will house world-class anchor tenants and collaborate with global companies such as Arm [Holdings PLC],”
TRANSFORMATION: Taiwan is now home to the largest Google hardware research and development center outside of the US, thanks to the nation’s economic policies President Tsai Ing-wen (蔡英文) yesterday attended an event marking the opening of Google’s second hardware research and development (R&D) office in Taiwan, which was held at New Taipei City’s Banciao District (板橋). This signals Taiwan’s transformation into the world’s largest Google hardware research and development center outside of the US, validating the nation’s economic policy in the past eight years, she said. The “five plus two” innovative industries policy, “six core strategic industries” initiative and infrastructure projects have grown the national industry and established resilient supply chains that withstood the COVID-19 pandemic, Tsai said. Taiwan has improved investment conditions of the domestic economy
MAJOR BENEFICIARY: The company benefits from TSMC’s advanced packaging scarcity, given robust demand for Nvidia AI chips, analysts said ASE Technology Holding Co (ASE, 日月光投控), the world’s biggest chip packaging and testing service provider, yesterday said it is raising its equipment capital expenditure budget by 10 percent this year to expand leading-edge and advanced packing and testing capacity amid strong artificial intelligence (AI) and high-performance computing chip demand. This is on top of the 40 to 50 percent annual increase in its capital spending budget to more than the US$1.7 billion to announced in February. About half of the equipment capital expenditure would be spent on leading-edge and advanced packaging and testing technology, the company said. ASE is considered by analysts