Soft-World International Corp (智冠科技), makers of The Romance of the Three Kingdoms (三國演義) computer game, led gains by Taiwanese online game stocks amid speculation summer holiday sales will be boosted by promotions.
Soft-World International advanced 7 percent to NT$169, the most since May 21. Gamania Digital Entertainment Co (遊戲橘子), a developer and host of online interactive titles, climbed by its daily limit of 6.9 percent to NT$54, the most since May 27. Chinese Gamer International Corp (中華網龍) advanced 6.9 percent to NT$339.50.
The benchmark Taiex index added 1.77 percent.
The companies are introducing new games and promotions before the summer holidays to attract students. Soft-World will start selling a title based on the classic Chinese novel The Romance of the Three Kingdoms tomorrow, its Web site said. Summer holidays start at the end of this month for most schools in Taiwan.
“Investors expect more students to play games during the summer holidays, so the companies will make more revenue in the next few months,” said Parker Wu (吳年恭), a fund manager at the Agriculture Bank of Taiwan (台灣農業金庫), who helps oversee the equivalent of US$44 million.
Early this month, Soft-World reported a better-than-expected revenue of NT$2.68 billion (US$81.6 million) for the first five months of this year, or a 20 percent growth year-on-year.
SEEKING CLARITY: Washington should not adopt measures that create uncertainties for ‘existing semiconductor investments,’ TSMC said referring to its US$165 billion in the US Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) told the US that any future tariffs on Taiwanese semiconductors could reduce demand for chips and derail its pledge to increase its investment in Arizona. “New import restrictions could jeopardize current US leadership in the competitive technology industry and create uncertainties for many committed semiconductor capital projects in the US, including TSMC Arizona’s significant investment plan in Phoenix,” the chipmaker wrote in a letter to the US Department of Commerce. TSMC issued the warning in response to a solicitation for comments by the department on a possible tariff on semiconductor imports by US President Donald Trump’s
‘FAILED EXPORT CONTROLS’: Jensen Huang said that Washington should maximize the speed of AI diffusion, because not doing so would give competitors an advantage Nvidia Corp cofounder and chief executive officer Jensen Huang (黃仁勳) yesterday criticized the US government’s restrictions on exports of artificial intelligence (AI) chips to China, saying that the policy was a failure and would only spur China to accelerate AI development. The export controls gave China the spirit, motivation and government support to accelerate AI development, Huang told reporters at the Computex trade show in Taipei. The competition in China is already intense, given its strong software capabilities, extensive technology ecosystems and work efficiency, he said. “All in all, the export controls were a failure. The facts would suggest it,” he said. “The US
The government has launched a three-pronged strategy to attract local and international talent, aiming to position Taiwan as a new global hub following Nvidia Corp’s announcement that it has chosen Taipei as the site of its Taiwan headquarters. Nvidia cofounder and CEO Jensen Huang (黃仁勳) on Monday last week announced during his keynote speech at the Computex trade show in Taipei that the Nvidia Constellation, the company’s planned Taiwan headquarters, would be located in the Beitou-Shilin Technology Park (北投士林科技園區) in Taipei. Huang’s decision to establish a base in Taiwan is “primarily due to Taiwan’s talent pool and its strength in the semiconductor
French President Emmanuel Macron has expressed gratitude to Hon Hai Precision Industry Co (鴻海精密) for its plan to invest approximately 250 million euros (US$278 million) in a joint venture in France focused on the semiconductor and space industries. On his official X account on Tuesday, Macron thanked Hon Hai, also known globally as Foxconn Technology Group (富士康科技集團), for its investment projects announced at Choose France, a flagship economic summit held on Monday to attract foreign investment. In the post, Macron included a GIF displaying the national flag of the Republic of China (Taiwan), as he did for other foreign investors, including China-based
RSS