Asustek Computer Inc (
The company told analysts on Sept. 16 that its sales of notebook computers may rise to 6 million units next year from a projected 4 million this year, Kirk Yang (
Yang maintained a "buy" rating on the stock, with a target price of NT$103 a share in the next 12 months.
Shares of Asustek rose 2.31 percent to NT$84.4 yesterday.
Asustek aims to sell 4.2 million notebook PCs this year to become the world's fourth-largest contract laptop maker, exceeding Inventec Co's (
Quanta Computer Inc (
Asustek deputy financial director David Chang (張偉明) said the company's management "discussed some internal projections" with analysts, but he declined to confirm the figures quoted in analysts' reports.
Asustek said half of the 6 million notebooks it expects to sell next year may be shipped under its own brand name, up from the 2 million projected for this year, Ellen Tseng (
Shares of Inventec rose 0.92 percent to NT$16.5, Compal was up 3.78 percent to NT$32.95 and Wistron rose 0.89 percent to NT$34, while Quanta fell 1.34 percent to NT$51.5.
Shares of contract chipmaker Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) came under pressure yesterday after a report that Apple Inc is looking to shift some orders from the Taiwanese company to Intel Corp. TSMC shares fell NT$55, or 2.4 percent, to close at NT$2,235 on the local main board, Taiwan Stock Exchange data showed. Despite the losses, TSMC is expected to continue to benefit from sound fundamentals, as it maintains a lead over its peers in high-end process development, analysts said. “The selling was a knee-jerk reaction to an Intel-Apple report over the weekend,” Mega International Investment Services Corp (兆豐國際投顧) analyst Alex Huang
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) is expected to remain Apple Inc’s primary chip manufacturing partner despite reports that Apple could shift some orders to Intel Corp, industry experts said yesterday. The comments came after The Wall Street Journal reported on Friday that Apple and Intel had reached a preliminary agreement following more than a year of negotiations for Intel to manufacture some chips for Apple devices. Taiwan Institute of Economic Research (台灣經濟研究院) economist Arisa Liu (劉佩真) said TSMC’s advanced packaging technologies, including integrated fan-out and chip-on-wafer-on-substrate, remain critical to the performance of Apple’s A-series and M-series chips. She said Intel and Samsung
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Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) has approved a capital budget of US$31.28 billion for production expansion to meet long-term development needs during the artificial intelligence (AI) boom. The company’s board meeting yesterday approved the capital appropriation plan for purposes such as the installation of advanced technology capacity and fab construction, the world’s largest contract chipmaker said in a statement. At an earnings conference last month, TSMC forecast that its capital expenditure for this year would be at the higher end of the US$52 billion to US$56 billion range it forecast in January in response to robust demand for 5G, AI and
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