Demand up in Taiwan
Workforce demand in Taiwan is projected to increase by 40,768 people by July 31 from the April 30 level, representing a drop in growth compared with the same period of last year and of 2011, according to the results of a Council of Labor Affairs (CLA) survey released yesterday. The projected net growth for next month from the April level declined by 8,309 people, compared with a rise of 49,077 in the same period last year, the survey showed. Employers in the manufacturing sector expect to hire 24,400 more employees next month than they did in April, while those in the services sector expect to hire 16,300 more, according to the survey, which was conducted between April 22 and May 10.
Inotera profit rises again
DRAM chipmaker Inotera Memories Inc (華亞科技) on Monday posted its second monthly net profit on rising prices, boding well for the company to swing back to profit this quarter. Net proft was NT$1.06 billion (US$35.5 million), or NT$0.2 per share, last month, up from NT$1.125 billion, or NT$0.21 per share, in April, while revenue for last month grew 20.64 percent to NT$4.15 billion, the highest level since April 2010, the company’s stock exchange filing showed. Inotera chairman Charles Kau (高啟全) said in April that the second quarter would be “much better” than the first quarter in terms of chip price and profitability.