Tue, Apr 14, 2015 - Page 14 News List

Taiwan Business Quick Take

Staff writer, with Agencies

AVIATION

TNA cash dividend approved

Local airliner TransAsia Airways Corp (TNA, 復興航空) yesterday said the board has approved a proposal to distribute a cash dividend of NT$0.1 per share for shareholders. The distribution is based on TNA’s net profit for last year of NT$304.91 million (US$9.73 million), or NT$0.55 per share. In a separate filing with the Taiwan Stock Exchange, TNA said the board has approved the issue of a maximum of 50 million common shares via a private placement and to issue corporate bonds worth as much as NT$1.5 billion to replenish operational capital, repay bank loans and buy fixed assets. The board also approved the company’s proposal to buy four Airbus A321-200 planes from Airbus SAS, rather than six as originally planned. An airplane leasing company will buy the other two planes, it said. TNA still plans to buy two Airbus A330-300 airplanes as planned.

STOCK EXCHANGE

Listed firms’ revenue rises

Taiwan’s listed companies made a total of NT$6.71 trillion (US$214.09 billion) in the first quarter of this year, up 3.5 percent from a year ago, driven by the nation’s semiconductor, electronics and construction industries, the Taiwan Stock Exchange said in a statement yesterday. However, Taiwan’s cement, chemical, gas and electricity industries showed signs of a decline in sales in the first three months of the year, according to their filings with the Taiwan Stock Exchange, the statement said.

SMARTPHONES

HTC’s US market share grows

Taiwanese smartphone maker HTC Corp (宏達電) saw its market share in the US rebound slightly in the three months ending in February, its first gain in more than two years. The Taoyuan-based company was ranked the fifth-largest smartphone vendor in the US, with a 3.8 percent share from December last year to February, up 0.1 of a percentage point from the September-to-November period, according to a report published on Thursday last week by market research firm comScore Inc. It was HTC’s first gain over a three-month period since comScore released US smartphone market share figures regularly from the July-to-September period of 2012, when HTC had a market share of 12 percent. Apple Inc remained the top smartphone vendor in its home market, but its share dropped by 0.1 of a percentage point to 41.7 percent in the three months ending in February, while second-placed Samsung Electronics Co fell 1.1 percentage points to 28.6 percent. LG Electronics Inc was a distant third, with its market share expanding by 0.7 of a percentage point to 8.3 percent, followed by Motorola Mobility in fourth with a 5.1 percent share, comScore said.

TECHNOLOGY

MediaTek targets developers

Taiwanese chip designer MediaTek Inc (聯發科) has launched a new development platform to help developers commercialize their products or services using Internet of Things (IoT) technology. The MediaTek LinkIt Assist 2502 platform is designed for advanced developers looking for a professional environment in which they can design and prototype the software and hardware for consumer-ready wearables and IoT devices. The new module-based approach makes it easier to get access to MediaTek chipset technology and simplifies final hardware design for developers, the Hsinchu-based company said.

Comments will be moderated. Keep comments relevant to the article. Remarks containing abusive and obscene language, personal attacks of any kind or promotion will be removed and the user banned. Final decision will be at the discretion of the Taipei Times.

TOP top