Listed firms performing well
The consolidated sales of all the nation’s listed companies totaled NT$2.349 trillion (US$78.25 billion) last month, up 10.37 percent year-on-year, statistics released by the Taiwan Stock Exchange on Friday show.
Among the 809 listed enterprises, 542 of them posted an increase in sales, compared with 267 that recorded a decline.
In the first six months of this year, consolidated sales of all listed companies amounted to NT$13.26 trillion, up 5.37 percent year-on-year.
Of the 809 listed firms nationwide, 524 saw revenues grow, while 285 saw earnings decline, statistics showed.
Major industries that showed growth include the semiconductor, glass and pottery industries, as well as the automobile sector.
By contrast construction and construction material, optoelectronics and telecommunication and communications sectors suffered a decline.
Fubon wins Taipei project
Fubon Life Insurance Co (富邦人壽) on Friday won a superficies right project from Taipei City Government for NT$1.401 billion, the company said in a statement.
The project is located in Beitou District (北投), near the New Beitou MRT Station, Fubon Life said.
It consist of five small plots of land with a total area of 1,041.43 ping (3,442.73m2), the company added.
Fubon Life said the 70-year leasehold project could generate stable rental yields, as it plans to build a hotel with hot spring facilities that may create rental yields of 4 percent a year.
4G to fuel smartphone boom
Worldwide smartphone shipments are to continue growing this year, spurred on by the growing promotion of 4G Long-Term Evolution (LTE) networks, market researcher TrendForce Corp (集邦科技) forecast on Friday.
A total of 1.20 billion smartphones are expected to be shipped this year, up 29 percent from a year ago, with China’s growing 4G Time Division LTE in particular generating growth momentum in smartphone shipments and smartphone specifications upgrades, TrendForce said.
Other factors expected to boost shipments are the release of Apple Inc’s new iPhone later this year, economic recovery across the globe, and increased demand for entry-level and mid-range smartphones, the researcher said.
Macronix sues Spansion
Memorychip producer Macronix International Co (旺宏電子) said on Wednesday that it has filed a new patent infringement complaint in Germany against Spansion Inc, the firm’s subsidiaries and some of its customers.
Hsinchu-based Macronix said that it petitioned a German court for monetary compensation from Spansion and an injunction against certain products that have infringed on its patents.
The patents in question cover aspects of non-volatile memory devices, including flash memory, Macronix said in a statement.
Phones to aid memory sector
The global memory storage industry could get a boost from solid demand for smartphones in the second half of the year, when the supply of DRAM chips is expected to remain tight, DRAMeXchange has forecast.
The research house predicted that the average contract price of DDR3 4GB DRAMs will top the US$33 quoted for this month and the next, up from the US$30.5 quoted for the second half of last month.
Strong demand will likely keep DRAM prices high in the third quarter, DRAMeXchange said.
Ghost Month spurs car sales
Domestic car sales rose more than 40 percent in the first 10 days of this month, compared with the same period a month earlier, as car dealers’ sought to spark buying interest with the launch new models, statistics showed on Saturday.
Analysts said consumers are also rushing to purchase big-ticket items like cars that, due to superstitions, are generally avoided during Ghost Month, which this year falls from July 27 to Aug. 24.
In the first 10 days of the month vehicle sales totaled 8,135 units, up 41 percent year-on-year, according to the statistics.
Hotai Motor Co (和泰汽車), the local sales agent for Japan’s Toyota Motor Corp, remained the nation’s biggest car supplier during the 10-day period with sales of 2,795 units, up 63.6 percent month-on-month and 10.6 percent annually.
DEVELOPING TALENT: The electronics contractor is looking to recruit people to work in core tech fields and emerging industries like electric cars and robotics Hon Hai Precision Industry Co (鴻海精密), the world’s largest contract electronics maker, has launched a recruitment drive, offering a monthly salary of no less than NT$45,000 (US$1,485) to university graduates. For those with a master’s degree, the starting pay would be NT$52,000 per month at the minimum, while doctorate degree holders would receive at least NT$60,000 a month, Hon Hai said a statement issued early this week. The latest recruitment drive is aimed at attracting talent in core technology fields — artificial intelligence, semiconductors and next-generation mobile communications — and emerging industries — electric vehicles, digital healthcare and robotics, the
MRT TRAVEL FALLS: In February, ridership on the Taipei MRT System fell 8.96 percent from an average of 2.01 million per day in January Scooter sales jumped 13 percent last month as more commuters turned to two-wheelers to avoid public transportation amid the COVID-19 pandemic, the latest statistics showed. Sales expanded to 74,493 units last month, compared with 65,913 units in February, statistics released on Wednesday by Kwang Yang Motor Co (光陽工業) and the Ministry of Transportation and Communications showed. In the first quarter, aggregate sales slid 0.51 percent year-over-year to 186,627 units, from 187,580 units, data showed. Kwang Yang, the nation’s biggest scooter manufacturer, continued to lead the market by selling 24,136 vehicles last month, growing 6.12 percent from 20,785 units in the previous month, while
Asustek Computer Inc (華碩), the nation’s leading PC vendor, yesterday launched its first dual-screen gaming laptop powered by Intel Corp’s latest central processing units (CPUs). The PC manufacturer’s announcement closely followed the US chipmaker’s unveiling of its 10th Generation Core H-series, the fastest commercial mobile processors with speeds of up to 5 gigahertz. Although Asustek’s Zephyrus Duo 15, the highlight of its Republic of Gamers line, is not the company’s first laptop with two screens, it is its first designed specifically for gaming. Nestled between the primary display panel and the keyboard, the secondary display, which Asustek calls the ScreenPad Plus, is angled
NO ILL EFFECT: Last month’s data mainly reflected deals made in February, when the spread of COVID-19 was still relatively mild in Taiwan, housing brokers said Housing transactions in the six special municipalities totaled 19,824 units last month, up 7.8 percent from a year earlier, brokers said, citing government data. Last month’s data mainly reflected deals made in February, when the pinch of the COVID-19 pandemic was not yet evident, they said. Taoyuan posted the largest improvement, with housing transactions soaring 36.6 percent year-on-year to 3,676 units, local government data showed. Taiwan Realty Co (台灣房屋) attributed the pickup to the completion of two presale residential projects in the municipality. Houses in Taoyuan have increasingly gained in popularity in the past few year years due to relatively affordable home prices and