■ Index to drop Quanta
Taiwan Stock Exchange Corp and FTSE International Limited (FTSE) announced yesterday that as Quanta Display Inc (廣輝電子) will be acquired by AU Optronics Corp (友達光電), the world's third-largest maker of liquid-crystal-display (LCD) panels, Quanta's stock will be removed from the TSEC Taiwan 50 Index, effective from next Wednesday.
Quanta Display's vacancy will be filled by Largan Precision Co (大立光), as the nation's leading maker of camera lenses has the 51st highest market capitalization among listed companies in Taiwan, the stock exchange said.
Largan is now included in the TSEC Taiwan Mid-Cap 100 Index, and its position in the index will be filled in by Kinki Co (中國砂輪), a grinding wheel maker, the exchange said.
As Quanta is also included in the TSEC Taiwan Technology Index, the company will be deleted there also, the exchange said.
■ TV station for kids to debut
Nickelodeon Networks Asia and Taiwan's Eastern Broadcasting Co (東森電視) have joined forces to debut "YoYo Nick," a three-hour localized Nickelodeon-branded programming block for kids in Taiwan to be aired on Monday.
Children will be able to enjoy the Mandarin-language versions of Nickelodeon's popular animations on Eastern Broadcasting's dedicated children's channel, YoYo TV.
■ NT rises against greenback
The New Taiwan dollar gained more ground against its US counterpart, advancing NT$0.017 to close at NT$32.897 on the Taipei foreign exchange market.
Turnover was US$680 million.
SEMICONDUCTOR SERVICES: A company executive said that Taiwanese firms must think about how to participate in global supply chains and lift their competitiveness Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday said it expects to launch its first multifunctional service center in Pingtung County in the middle of 2027, in a bid to foster a resilient high-tech facility construction ecosystem. TSMC broached the idea of creating a center two or three years ago when it started building new manufacturing capacity in the US and Japan, the company said. The center, dubbed an “ecosystem park,” would assist local manufacturing facility construction partners to upgrade their capabilities and secure more deals from other global chipmakers such as Intel Corp, Micron Technology Inc and Infineon Technologies AG, TSMC said. It
People walk past advertising for a Syensqo chip at the Semicon Taiwan exhibition in Taipei yesterday.
NO BREAKTHROUGH? More substantial ‘deliverables,’ such as tariff reductions, would likely be saved for a meeting between Trump and Xi later this year, a trade expert said China launched two probes targeting the US semiconductor sector on Saturday ahead of talks between the two nations in Spain this week on trade, national security and the ownership of social media platform TikTok. China’s Ministry of Commerce announced an anti-dumping investigation into certain analog integrated circuits (ICs) imported from the US. The investigation is to target some commodity interface ICs and gate driver ICs, which are commonly made by US companies such as Texas Instruments Inc and ON Semiconductor Corp. The ministry also announced an anti-discrimination probe into US measures against China’s chip sector. US measures such as export curbs and tariffs
The US on Friday penalized two Chinese firms that acquired US chipmaking equipment for China’s top chipmaker, Semiconductor Manufacturing International Corp (SMIC, 中芯國際), including them among 32 entities that were added to the US Department of Commerce’s restricted trade list, a US government posting showed. Twenty-three of the 32 are in China. GMC Semiconductor Technology (Wuxi) Co (吉姆西半導體科技) and Jicun Semiconductor Technology (Shanghai) Co (吉存半導體科技) were placed on the list, formally known as the Entity List, for acquiring equipment for SMIC Northern Integrated Circuit Manufacturing (Beijing) Corp (中芯北方積體電路) and Semiconductor Manufacturing International (Beijing) Corp (中芯北京), the US Federal Register posting said. The
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