Powerchip Semiconductor Corp (力晶半導體), the nation’s second-largest computer memory chipmaker, said yesterday it had changed its name to Powerchip Technology Corp (力晶科技), effective immediately.
The Hsinchu-based company said in a filing to the Taipei Stock Exchange that the name change had been approved by shareholders at the annual general meeting on May 26 and approved by the Hsinchu Science Park Administration on Monday.
The company said it would still trade its shares on the over-the-counter GRETAI Securities Market under the code number 5346.
“This new name will not affect the substance of our company. Our legal entity will remain the same except for this name change,” Powerchip said in a separate statement.
Powerchip said last week that its revenue skyrocketed 440.09 percent to NT$8.14 billion (US$250.4 million) last month from a year earlier and soared 423.27 percent to NT$33.96 billion in the first five months.
The global DRAM market is expected to grow 78 percent this year thanks to strong PC demand and rising DRAM prices, market researcher Gartner said last Thursday.
Meanwhile, Rexchip Electronics Corp (瑞晶電子), a DRAM joint venture between Tokyo-based Elpida Memory Inc and Powerchip, said yesterday that revenue last month grew 126.63 percent year-on-year to NT$4.59 billion and increased 164.01 percent to NT$21.37 billion between January and last month.
Smaller memory chipmaker Winbond Electronics Corp (華邦電子) also posted increases of 109.29 percent year-on-year, with last month’s revenue reaching NT$2.86 billion, an increase of 112.35 percent year-on-year to NT$12.59 billion in the first five months of this year.
Starlux Airlines Co (星宇航空) today unveiled a long-haul network expansion plan at a shareholders’ meeting in Taipei, including direct flights to Barcelona, Spain, and Zurich, Switzerland, as well as a service connecting Taipei, Sydney and New Zealand. Starlux is to become the first Taiwanese carrier to offer non-stop services to the two European cities, while the inaugural oceanic route is expected to expand transit opportunities within the Australia-New Zealand market, Starlux said. Flight services to Chicago, Dallas, Washington and New York are under evaluation, the airline added. Prior to the shareholders’ meeting, the airline earlier this year announced that it would be
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