FSC touts deregulation
Financial Supervisory Commission Chairman William Tseng (曾銘宗) said that a plan to allow wider share price fluctuations in the local bourse to allow daily increases or drops of up to 10 percent, from the current 7 percent, would be unveiled later this month or early next month, as the commission is discussing the matter with the Taiwan Stock Exchange, the GRETAI Securities Market and the Taiwan Securities Association before finalizing the plan.
Tseng made the remark on
Saturday during an interview with Wealth publishing group chairman Hsieh Chin-ho (謝金河) on a business news program on Eastern TV News, the Chinese-language Apple Daily reported.
Tseng also said the commission is planning more deregulation, as well as complementary measures, in a bid to improve local capital markets, the report said.
Semiconductor BB ratio falls
The book-to-bill (BB) ratio for North America-based semiconductor equipment manufacturers, such as Applied Materials Inc, dropped below one — to 0.98 — last month, industry association SEMI said on Friday.
The three-month average of worldwide bookings was US$1.37 billion in orders last month, down 1.1 percent year-on-year, but up 12.3 percent month-on-month, SEMI said in a statement.
As the three-month average of worldwide billings also rose 3.1 percent year-on-year to US$1.39 billion and 17 percent month-on-month, the book-to-bill ratio fell to 0.98 last month from 1.02 in November last year, the association said.
A ratio of 0.98 means that US$98 worth of orders were received for every US$100 of product billed during the month.
A ratio of above one implies a more optimistic outlook, while a ratio of less than one suggests weakness.
AUO to recruit 1,500 workers
AU Optronics Corp (AUO, 友達光電), the nation’s No. 2 LCD maker, plans to recruit 1,500 engineers this year to expand its technology workforce, the company said in a statement on Friday.
The new recruits require backgrounds in the fields of process equipment, display development, electronics and integration testing, the company said.
About 100 engineers from the new hires will be assigned to work in the company’s sixth-generation factory in Kunshan, Jiangsu Province, China, AUO said.
Acer notebook market share up
Acer Inc (宏碁) expects to continue to win more ground from rivals in consumer notebooks in the domestic market amid its efforts to achieve double-digit local sales growth in the first quarter of this year.
In the second half of last year, Acer’s Taiwan market share in consumer notebooks had increased from 18 percent in September to 23 percent in November and 23.9 percent last month, Acer president of Taiwan operations Towny Huang (黃鐘鋒) said on Friday, adding that the figure is expected to hit 25 percent by the end of March.
The company’s local revenue in the fourth quarter of last year grew 5 percent from a year earlier, Huang said.
The company is also bidding for school projects to adopt laptops that run Google Inc’s Chrome operating system, in a move to cash in on the niche computer category, he said.
Low birth rate a concern: NDC
Taiwan’s declining birth rate will soon take a toll on the nation’s workforce, the National Development Council (NDC) said on Tuesday last week, adding that the working population would fall by an average of 180,000 people annually from 2016.
The council estimated that the size of the working population aged between 15 and 64 would reach its peak at 17.37 million people this year and begin to slip next year until 2060, resulting in increasingly large personnel shortages.
The demographic dividend that has helped catalyze the nation’s economic development in the past will also come to an end in about a decade, the council said.
The demographic dividend refers to the period of time when the workforce in a nation accounts for more than two-thirds of the total population.
Due to the impact of declining births and an aging society, the council estimated that the demographic dividend will end in 2028.
Softbank Group Corp plans to keep a stake in the chip designer Arm Ltd, even if it sells a partial interest to Nvidia Corp, the Nikkei reported. The companies are negotiating terms, the newspaper reported, citing sources. Softbank might take a stake in Nvidia after it buys Arm, the report said. Nvidia and Arm might also merge through a share swap, and Softbank would become a major shareholder in the combined company, it said. The two parties aim to reach a deal in the next few weeks, the sources said, asking not to be identified because the information is private. Nvidia is the
MOVING FROM CHINA? The article did not name the company, but Foxconn, Wistron and Pegatron were among firms chosen for a production-linked incentive plan in India An Apple Inc vendor is looking at shifting six production lines to India from China, which could result in US$5 billion of iPhone exports from the South Asian nation, the Times of India reported, citing people familiar with the matter who it did not identify. The establishment of the facility would create about 55,000 jobs over about a year, the newspaper reported, not naming the Apple vendor. It would also cater to the domestic market and expand operations to include tablets and laptops, the newspaper reported. Samsung Electronics Co and Apple’s assembly partners are among 22 companies that have pledged 110 billion
Gold surged to a fresh record on Friday, fueled by US dollar weakness and low interest rates, while silver headed for its best month since 1979. Spot bullion is up more than 10 percent this month, as US real yields lingered near record lows. While the ferocity of rallies in gold and silver cooled in the middle of the week, most market watchers predict there might be more gains ahead. Both metals have added about 30 percent this year, with gold and silver exchange-traded funds boosting holdings to a record, as concern about the fallout from the COVID-19 pandemic fuels demand for
‘ONE-STOCK SHOW’: Turnover hit an all-time high as TSMC continued to determine the local market’s direction and surpassed Visa in market capitalization The TAIEX early yesterday hit an all-time intraday high on the back of soaring Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) shares, before tumbling back to the previous day’s close as the contract chipmaker could not single-handedly prop up the index. The TAIEX rose more than 400 points in the first 20 minutes of trading to hit a record 13,031.7 points, but later pared its gains to close down 0.01 percent at 12,586.73. Turnover was NT$343.252 billion (US$11.63 billion), the highest in the Taiwan Stock Exchange’s history. TSMC continued to dictate the market’s direction, as its early surge by the daily