Stocks rose for a third day. Chi Mei Optoelectronics Corp (
Taiwan Semiconductor Manu-facturing Co (TSMC,
The TAIEX rose 7.74, or 0.1 percent, to 5,945.20. Futures due in November added 0.6 percent to 5,943. About five stocks declined for every four that gained.
"Flat panel makers have showed resilience despite falling product prices," said Mike Shiao (
``The latest sales figures are better-than-expected,'' he said.
AU Optronics, the world's third-largest maker of flat-panel displays used in computers and televisions, gained 2.8 percent to NT$37. Last month's sales rose to NT$12.8 billion (US$288.8 million). Rival Chi Mei Optoelectronics climbed 4.6 percent to NT$36.40. Sales last month rose to NT$8.5 billion.
Quanta Computer, the world's biggest notebook computer maker, fell 0.9 percent to NT$57.50. TSMC, the world's largest supplier of made-to-order computer chips, lost 0.2 percent to NT$47.80.
Elsewhere, Asustek Computer Inc (華碩電腦), the nation's largest maker of boards that connect the chips in personal computers, fell 0.7 percent to NT$77.
The stock was downgraded to "sell/low risk" from "buy" at Citigroup Inc on concern worldwide computer sales growth will be cut by half to 7 percent next year.
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) secured a record 70.2 percent share of the global foundry business in the second quarter, up from 67.6 percent the previous quarter, and continued widening its lead over second-placed Samsung Electronics Co, TrendForce Corp (集邦科技) said on Monday. TSMC posted US$30.24 billion in sales in the April-to-June period, up 18.5 percent from the previous quarter, driven by major smartphone customers entering their ramp-up cycle and robust demand for artificial intelligence chips, laptops and PCs, which boosted wafer shipments and average selling prices, TrendForce said in a report. Samsung’s sales also grew in the second quarter, up
On Tuesday, US President Donald Trump weighed in on a pressing national issue: The rebranding of a restaurant chain. Last week, Cracker Barrel, a Tennessee company whose nationwide locations lean heavily on a cozy, old-timey aesthetic — “rocking chairs on the porch, a warm fire in the hearth, peg games on the table” — announced it was updating its logo. Uncle Herschel, the man who once appeared next to the letters with a barrel, was gone. It sparked ire on the right, with Donald Trump Jr leading a charge against the rebranding: “WTF is wrong with Cracker Barrel?!” Later, Trump Sr weighed
LIMITED IMPACT: Investor confidence was likely sustained by its relatively small exposure to the Chinese market, as only less advanced chips are made in Nanjing Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) saw its stock price close steady yesterday in a sign that the loss of the validated end user (VEU) status for its Nanjing, China, fab should have a mild impact on the world’s biggest contract chipmaker financially and technologically. Media reports about the waiver loss sent TSMC down 1.29 percent during the early trading session yesterday, but the stock soon regained strength and ended at NT$1,160, unchanged from Tuesday. Investors’ confidence in TSMC was likely built on its relatively small exposure to the Chinese market, as Chinese customers contributed about 9 percent to TSMC’s revenue last
LOOPHOLES: The move is to end a break that was aiding foreign producers without any similar benefit for US manufacturers, the US Department of Commerce said US President Donald Trump’s administration would make it harder for Samsung Electronics Co and SK Hynix Inc to ship critical equipment to their chipmaking operations in China, dealing a potential blow to the companies’ production in the world’s largest semiconductor market. The US Department of Commerce in a notice published on Friday said that it was revoking waivers for Samsung and SK Hynix to use US technologies in their Chinese operations. The companies had been operating in China under regulations that allow them to import chipmaking equipment without applying for a new license each time. The move would revise what is known
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