Soft-World International Corp (智冠科技), makers of The Romance of the Three Kingdoms (三國演義) computer game, led gains by Taiwanese online game stocks amid speculation summer holiday sales will be boosted by promotions.
Soft-World International advanced 7 percent to NT$169, the most since May 21. Gamania Digital Entertainment Co (遊戲橘子), a developer and host of online interactive titles, climbed by its daily limit of 6.9 percent to NT$54, the most since May 27. Chinese Gamer International Corp (中華網龍) advanced 6.9 percent to NT$339.50.
The benchmark Taiex index added 1.77 percent.
The companies are introducing new games and promotions before the summer holidays to attract students. Soft-World will start selling a title based on the classic Chinese novel The Romance of the Three Kingdoms tomorrow, its Web site said. Summer holidays start at the end of this month for most schools in Taiwan.
“Investors expect more students to play games during the summer holidays, so the companies will make more revenue in the next few months,” said Parker Wu (吳年恭), a fund manager at the Agriculture Bank of Taiwan (台灣農業金庫), who helps oversee the equivalent of US$44 million.
Early this month, Soft-World reported a better-than-expected revenue of NT$2.68 billion (US$81.6 million) for the first five months of this year, or a 20 percent growth year-on-year.
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
Chizuko Kimura has become the first female sushi chef in the world to win a Michelin star, fulfilling a promise she made to her dying husband to continue his legacy. The 54-year-old Japanese chef regained the Michelin star her late husband, Shunei Kimura, won three years ago for their Sushi Shunei restaurant in Paris. For Shunei Kimura, the star was a dream come true. However, the joy was short-lived. He died from cancer just three months later in June 2022. He was 65. The following year, the restaurant in the heart of Montmartre lost its star rating. Chizuko Kimura insisted that the new star is still down
While China’s leaders use their economic and political might to fight US President Donald Trump’s trade war “to the end,” its army of social media soldiers are embarking on a more humorous campaign online. Trump’s tariff blitz has seen Washington and Beijing impose eye-watering duties on imports from the other, fanning a standoff between the economic superpowers that has sparked global recession fears and sent markets into a tailspin. Trump says his policy is a response to years of being “ripped off” by other countries and aims to bring manufacturing to the US, forcing companies to employ US workers. However, China’s online warriors
RSS