ELECTRONICS
Phone boosts HTC revenue
HTC Corp (宏達電) yesterday reported consolidated revenue of NT$6.89 billion (US$225.2 million) for last month, rising 8.38 percent from a year earlier and 52.1 percent from the previous month on back of increasing sales of its latest HTC U11 flagship handset. Last month’s revenue was the highest level since December last year, company data showed. In the first six months of the year, HTC’s revenue totaled NT$30.67 billion, down 18.96 percent from a year earlier, according to a company filing with the Taiwan Stock Exchange.
PANEL MAKERS
AUO posts NT$28.57bn
LCD panel maker AU Optronics Corp (AUO, 友達光電) yesterday reported revenue of NT$28.57 billion for last month, up 4 percent annually and 1.8 percent monthly, as increasing shipments of small panels offset the decline in large panel shipments. AUO said shipments of large panels for televisions and PCs fell 1.3 percent from the previous month to 9.03 million units, while those of small panels rose 3.1 percent to 13.15 million units. In the second quarter of the year, revenue totaled NT$84.41 billion, up 5.4 percent annually, but down 4.7 percent quarterly, AUO said.
ELECTRONICS
Brinno revenue hits record
Brinno Inc (邑錡), which designs and produces photography equipment, last month saw its monthly revenue increase by a double-digit percentage for the 10th month in a row, thanks to robust performance in its brand-name and design manufacturing businesses. The company yesterday reported record-high revenue of NT$63.21 million for last month, up 88 percent annually. In the second quarter of the year, revenue doubled to NT$174 million from a year earlier, the company said in a press release.
CHIPMAKERS
Epistar revenue up 6.25%
Epistar Corp (晶電), the nation’s largest LED chipmaker, yesterday said increased orders for blue-and-white LED chips used in lighting products boosted last month’s revenue to the highest level since April last year. Revenue was NT$2.24 billion, up 6.25 percent from a year earlier and 1.09 percent from the previous month, Epistar said in a statement. Revenue in the April-to-June period totaled NT$6.64 billion, up 15.86 percent from the previous quarter and the highest in the past nine quarters, the company said.
OPTICAL SENSORS
Controllers help PixArt
Hsinchu-based chip image sensor maker PixArt Imaging Inc (原相科技) yesterday said revenue last quarter grew 17.36 percent from the previous quarter to NT$1.295 billion on rising demand for optical sensors used in video game console controllers. Meanwhile, Novatek Microelectronics Corp (聯詠), which supplies chips that control flat-panel displays, and Parade Technologies Ltd (譜瑞), a leading display and interface chip supplier, both saw revenue for last quarter increase by 8.12 percent and 10.55 percent to NT$11.81 billion and NT$2.599 billion from the previous quarter respectively.
FINANCE
Cathay offers Android Pay
Cathay United Bank Co (國泰世華銀行) has become the latest local lender to work with Google to offer Android Pay digital wallet services. The company made the announcement yesterday at a promotional event in Taipei, unveiling several other perks for consumers available until the end of this year.
UNCERTAINTY: Innolux activated a stringent supply chain management mechanism, as it did during the COVID-19 pandemic, to ensure optimal inventory levels for customers Flat-panel display makers AUO Corp (友達) and Innolux Corp (群創) yesterday said that about 12 to 20 percent of their display business is at risk of potential US tariffs and that they would relocate production or shipment destinations to mitigate the levies’ effects. US tariffs would have a direct impact of US$200 million on AUO’s revenue, company chairman Paul Peng (彭雙浪) told reporters on the sidelines of the Touch Taiwan trade show in Taipei yesterday. That would make up about 12 percent of the company’s overall revenue. To cope with the tariff uncertainty, AUO plans to allocate its production to manufacturing facilities in
Taiwan will prioritize the development of silicon photonics by taking advantage of its strength in the semiconductor industry to build another shield to protect the local economy, National Development Council (NDC) Minister Paul Liu (劉鏡清) said yesterday. Speaking at a meeting of the legislature’s Economics Committee, Liu said Taiwan already has the artificial intelligence (AI) industry as a shield, after the semiconductor industry, to safeguard the country, and is looking at new unique fields to build more economic shields. While Taiwan will further strengthen its existing shields, over the longer term, the country is determined to focus on such potential segments as
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
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