Wed, Mar 14, 2012 - Page 11 News List

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Staff Writer, with Agencies

No date for energy price hikes

The Ministry of Economic Affairs (MOEA) is mulling plans to increase electricity prices, but has no timetable for doing so, Bureau of Energy Deputy Director-General Wang Yunn-ming (王運銘) said yesterday.

The issue was raised after Taiwan Research Institute (台灣綜合研究院) president Wu Tsai-yi (吳再益), who is also an independent board member of Taiwan Power Co (台電), said on Monday that the ministry was considering raising electricity prices twice this year, which would result in an overall 20 percent hike.

The proposal has been submitted to the Cabinet for approval, Wu was quoted as saying in local media.

The last electricity price increase was in October 2008.

Local server shipments stall

Shipments of servers in Taiwan slumped 12.8 percent year-on-year to 19,608 units in the fourth quarter of last year, as a weak macroeconomy prompted corporation curtailed IT spending and because of short supply of hard-disc drivers, market researcher IDC said in a report yesterday.

Compared with the third quarter, shipments rose 7.4 percent, IDC said.

Total revenues, however, grew 0.2 percent annually to US$91.02 million last quarter as government agencies and telecoms companies purchased more medium and high-end servers, it said.

“Global economic weakness and short supply of hard disc supply will continue to overshadow Taiwan’s server market in the first half of 2012,” IDC analyst Leon Kao (高振偉) said in the report.

Hewlett-Packard, Dell and IBM were the top three suppliers of mainstream x86 severs, while local brands Asustek Computer Inc (華碩) and Acer Inc (宏碁) ranked No. 4 and No. 5 respectively, the report showed.

TPK board approves payouts

TPK Holdings Co Ltd (宸鴻), which supplies touch modules to Apple Inc, yesterday said its board approved the delivery of NT$20 per share in cash dividends and NT$3 per share in stock dividends to its shareholders.

That represented a 50-percent payout ratio based on last year’s net income of NT$11.34 billion (US$384 million), or NT$46.12 a share.

The board also agreed to allocate NT$628 million in employee bonuses and NT$69.63 million in compensation for board members. The decision still needs shareholder approval in its annual meeting on May 16.

Powerchip grace period goes on

Memorychip maker Powerchip Technology Corp (力晶科技) said yesterday its creditor banks had agreed to extend the grace period for debt repayments for another year, a stock exchange filing showed.

The Hsinchu-based company owes five syndicated loans valued at NT$46.6 billion, held by most domestic and foreign banks in Taiwan.

Acer posts sales increase

Acer Inc, one of the world’s leading personal computer vendors, reported on Monday its unconsolidated sales increased 38 percent from a month earlier to NT$37.54 billion last month, and the figures were up 34 percent from the previous year.

In the first two months of this year, the firm’s unconsolidated sales totaled NT$64.74 billion, up 5.41 percent.

NT dollar up on TAIEX rebound

The New Taiwan dollar increased against the US dollar yesterday, adding NT$0.034 to close at NT$29.528, as the local bourse rebounded, lifting demand for the local currency, dealers said.

Turnover totaled US$720 million during the trading session.

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