Stocks advanced for a second day yesterday. Compal Electronics Inc (
The TAIEX added 4.19, or 0.1 percent, to 5,998.08. The index gained 0.2 percent yesterday.
About six stocks rose for every five that fell. Futures due this month advanced 0.3 percent to 6,007.
Shipments from the nation's four notebook computer makers that use the chipset -- Compal Electronics, Inventec Co (
"Demand for notebook computer remains healthy and new technology is a positive factor," said Liu Juming, a fund manager at Ta Chong Investment Trust Corp (
Consumers are buying more products using Intel's new wireless Centrino chipset codenamed Sonoma, which was introduced in January to provide faster Internet connection, the agency said.
Compal Electronics, the world's second-biggest notebook computer maker, jumped 2.2 percent to NT$29.75. Quanta Computer, the biggest, rose 0.8 percent to NT$53.90. Inventec rose 0.3 percent to NT$15.10.
Wistron, controlled by Acer Inc, was unchanged at NT$17.90.
China Development Financial Holding Corp (
The company's president, Angelo Koo (
KGI fell 0.7 percent to NT$14.10. President Securities gained 1.4 percent to NT$17.65.
Koo has been seeking to take over both brokerages along with Grand Cathay Securities Corp (
Intel Corp chief executive officer Lip-Bu Tan (陳立武) is expected to meet with Taiwanese suppliers next month in conjunction with the opening of the Computex Taipei trade show, supply chain sources said on Monday. The visit, the first for Tan to Taiwan since assuming his new post last month, would be aimed at enhancing Intel’s ties with suppliers in Taiwan as he attempts to help turn around the struggling US chipmaker, the sources said. Tan is to hold a banquet to celebrate Intel’s 40-year presence in Taiwan before Computex opens on May 20 and invite dozens of Taiwanese suppliers to exchange views
Application-specific integrated circuit designer Faraday Technology Corp (智原) yesterday said that although revenue this quarter would decline 30 percent from last quarter, it retained its full-year forecast of revenue growth of 100 percent. The company attributed the quarterly drop to a slowdown in customers’ production of chips using Faraday’s advanced packaging technology. The company is still confident about its revenue growth this year, given its strong “design-win” — or the projects it won to help customers design their chips, Faraday president Steve Wang (王國雍) told an online earnings conference. “The design-win this year is better than we expected. We believe we will win
Quanta Computer Inc (廣達) chairman Barry Lam (林百里) is expected to share his views about the artificial intelligence (AI) industry’s prospects during his speech at the company’s 37th anniversary ceremony, as AI servers have become a new growth engine for the equipment manufacturing service provider. Lam’s speech is much anticipated, as Quanta has risen as one of the world’s major AI server suppliers. The company reported a 30 percent year-on-year growth in consolidated revenue to NT$1.41 trillion (US$43.35 billion) last year, thanks to fast-growing demand for servers, especially those with AI capabilities. The company told investors in November last year that
Power supply and electronic components maker Delta Electronics Inc (台達電) yesterday said it plans to ship its new 1 megawatt charging systems for electric trucks and buses in the first half of next year at the earliest. The new charging piles, which deliver up to 1 megawatt of charging power, are designed for heavy-duty electric vehicles, and support a maximum current of 1,500 amperes and output of 1,250 volts, Delta said in a news release. “If everything goes smoothly, we could begin shipping those new charging systems as early as in the first half of next year,” a company official said. The new
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