Thu, Jun 11, 2015 - Page 14 News List

Taiwan Business Quick Take

Staff writer, with agencies

CHIPMAKERS

TSMC posts monthly slide

Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday reported that its revenue last month rose by 15.4 percent from a year earlier, but fell 6.9 percent from the previous month to NT$70.155 billion (US$2.25 billion). That brought the world’s largest contract chipmaker’s combined revenue in April and last month to NT$122.68 billion, about 71 percent of the chipmaker’s revenue forecast of between NT$204 billion and NT$207 billion for the current quarter. In the first five months of the year, cumulative revenue grew by 35.7 percent to NT$367.518 billion from the same period last year, TSMC said in a statement.

CHIPMAKERS

ASE monthly sales rise 6.1%

Advanced Semiconductor Engineering Inc (ASE, 日月光半導體) on Tuesday said consolidated sales rose by 16.2 percent from a year earlier to NT$23.36 billion last month and were up 6.1 percent from the previous month. However, sales of the company’s core businesses — including IC packaging and assembly testing — dropped 7 percent year-on-year and 0.6 percent month-on-month to NT$12.499 billion last month. Sales in the first five months of the year increased by 17.29 percent to NT$110.05 billion from the same period last year, ASE said in a statement.

LEASING SERVICES

Chailease sales up 8.49%

Chailease Holding Co (中租控股), the nation’s top leasing services provider, yesterday said that domestic sales increased significantly last month, boosting total sales to 8.49 percent growth from a year earlier to NT$2.978 billion. Sales expanded by 18 percent annually last month in Taiwan and advanced 4 percent in China and Thailand, it said. In the first five months of the year, cumulative sales were 3.8 percent higher than the same period last year at NT$14.43 billion, a company statement said.

AUTOMOTIVE PARTS

Tong Yang profit outlook dim

Tong Yang Industry Co (東陽實業), which makes auto parts such as bumpers and hoods, is forecast to see net profit this quarter drop by 52.1 percent year-on-year to NT$125 million, due to a US$6.7 million antitrust settlement and a NT$74 million foreign-exchange loss, Fubon Securities Co (富邦證券) said in a client note. Tong Yang’s revenue for this quarter is expected to grow just 6 percent year-on-year to NT$5.64 billion due to mild growth in both the aftermarket business in North America and the original equipment manufacturing market in China, Fubon wrote. Tong Yang yesterday said revenue for last month fell by 2.49 percent annually to NT$1.79 billion, with cumulative revenue from January to last month totaling NT$9.32 billion, up 5.27 percent from a year earlier.

ELECTRONICS

Synnex sales fall 10 percent

Synnex Technology International Corp (聯強國際) yesterday said its consolidated sales in the first five months of the year fell 10 percent from a year earlier to NT$117.7 billion, after last month’s sales showed a decrease of 15 percent year-on-year to NT$21.9 billion. Asia’s largest distributor of technology products and electronics components said annual sales grew by 14 percent in the communications business in the first five months. However, overall sales in the same period were dented by strong declines of between 8 percent and 23 percent in other businesses, such as information technology products, consumer electronics and semiconductor components, Synnex said in a statement.

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