Foreign reserves rise
Foreign-exchange reserves stood at US$436.73 billion at the end of last month, up US$864 million from August, the central bank said yesterday in a statement, attributing the gain to successful investment and management strategies. The latest data also showed that foreign portfolio managers held US$316.2 billion worth of domestic equities and bonds last month, accounting for 72 percent of total foreign-exchange reserves, the central bank said.
Largan revenue improves
Camera lens supplier Largan Precision Co (大立光) yesterday reported revenue of NT$4.95 billion (US$157.79 million) for last month, its highest monthly figure since November last year. Revenue grew 3 percent from the previous month, but fell 10 percent from a year earlier, the firm said in a filing with the Taiwan Stock Exchange. By shipment breakdown, 10 megapixel and above lenses accounted for 60 to 70 percent of its total shipments last month, while 8-megapixel products contributed between 20 and 30 percent, the firm said.
Catcher reports revenue fall
Metal casings supplier Catcher Technology Co (可成科技) yesterday reported revenue of NT$7.72 billion for last month. That was 3.26 percent less than last year’s NT$7.98 billion, but 10.3 percent more than the previous month’s NT$7 billion, the company said in a filing with the Taiwan Stock Exchange. Last month’s revenue marked the company’s highest monthly performance in the past 10 months, company data showed. In the first nine months of this year, Catcher’s revenue contracted 6.5 percent to NT$55.098 billion.
Lextar monthly sales expand
Lextar Corp (隆達), which makes upstream LED chips and provides downstream packaging services, yesterday said its sales last month expanded month-on-month dues to peak season demand for LED backlight units and lighting applications. Sales hit NT$1.24 billion, up 5.15 percent from August, the company said in a statement. However, sales declined 2.82 percent from a year earlier. Accumulated sales in the first nine months of this year fell 1.54 percent annually to NT$10.46 billion, company data showed.
TPK revenue falls 23.6%
Touchpanel maker TPK Holding Co (宸鴻) yesterday reported that third-quarter revenue decreased 23.6 percent to NT$26.17 billion from the previous year, but rose 53.2 percent from the second quarter. That brought revenue in the first three quarters of the year to NT$64.49 billion, down 25.81 percent from the same period last year, due to lower-than-expected demand for tablets and wearable devices.
Chilisin sales improve
Power inductor maker Chilisin Electronics Corp (奇力新) yesterday reported better-than-expected sales for last quarter on the back of rapid growth in electronics products for automobiles and a recovery in China’s smartphone market. Consolidated sales grew 27.1 percent year-on-year and 3.1 percent month-on-month to NT$525 million last month, a record for the company. That helped sales in the third quarter reach NT$1.52 billion, up 21.1 percent from the previous quarter and 25.3 percent from a year earlier, the company said.
POTENTIAL SETBACK: Although Chinese chip designers and foundry firms already have US EDA software, they might be unable to update those programs under new US rules The US’ latest ban on advanced electronic design automation (EDA) software exports to China might hinder Chinese chip companies from accessing advanced semiconductor technology, as they attempt to upgrade to 3-nanometer processes in the next three to five years, market researcher TrendForce Corp (集邦科技) said yesterday. The US Department of Commerce’s Bureau of Industry and Security on Friday announced bans on EDA tools for gate-all-around field-effect transistors (GAAFET), a new-generation semiconductor technology that US chipmaker Intel Corp and Samsung Electronics Co from South Korea are adopting to make 4-nanometer and 3-nanometer chips. The bureau in a statement said that gate-all-around field-effect transistor
WIDENING THE FIELD: Human resources managers must drop prejudices regarding gender, appearance and age to find the best candidates, Micro Technology said The job market for Taiwan’s semiconductor industry remained tight this quarter, as hiring activity slowed from a record high last quarter, a survey released yesterday by online human resource firm 104 Job Bank (104人力銀行) showed. Ongoing labor shortages have prompted local semiconductor firms to recruit more women and foreigners in Taiwan and in Southeast Asia, the job bank said. The talent gap in the first quarter reached 35,000 people per month, a surge of 39.8 percent from the same period last year, as the contactless economy and digital transformation shore up demand for semiconductors, 104 Job Bank said in its annual report
POSITIVE CULTURE: Pursuing 12-inch wafers earlier than peers helped TSMC lead the industry, said a former executive, whose main regret was working for SMIC in China Corporate culture at Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) is what made the chipmaker a leading player in the global industry, a former executive said in an interview with California’s Computer History Museum. “One of the really important reasons that TSMC succeeded” is the culture at the firm, where “if equipment went down at two o’clock in the morning, we just called an equipment engineer,” and the worker would not complain, said former TSMC joint chief operating officer Chiang Shan-yi (蔣尚義). “We didn’t really do anything special, anything great, but we didn’t make any major mistakes,” when compared with competitors, such
Cloud computing equipment company Wiwynn Corp (緯穎科技), which counts Meta Platforms Inc as one of its key customers, is boosting capacity expansion in Malaysia through a new investment of about NT$1.94 billion (US$64.7 million), it said yesterday in a statement filed with the Taiwan Stock Exchange. The investment, which aims to help the company with business development and strategic arrangements, would be made through subsidiary Wiwynn Technology Services Malaysia Sdn Bhd to build a new factory, Wiwynn said in the filing. The announcement came about one-and-a-half months after the company started phase II of its new server printed circuit board assembly (PCBA)