With panel shipments increasing across the board last month, AU Optronics Corp (AUO, 友達光電) yesterday said that its consolidated revenue last month reached NT$37.92 billion (US$1.26 billion), up 36.7 percent from February and 20.6 percent from a year earlier, a company statement showed.
“March revenue increased by more than NT$10 billion compared with the previous month and recorded the highest monthly sales in the past 30 months,” AU Optronics said in the statement.
Consolidated revenue in the first quarter totaled NT$94.24 billion, down 5.2 percent quarter-over-quarter, but up 16.2 percent year-on-year, the company said.
AU Optronics, the nation’s No. 2 flat-panel maker, said shipments of large-sized panels (10 inches or larger) last month rose 34.4 percent from February to 10.59 million units because of rising orders ahead of China’s Labor Day holiday next month.
Shipments of small and medium-sized panels (under 10 inches) grew 33.5 percent to 12.39 million units during the same period.
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
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
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