ELECTRONICS
Delta revenue edges higher
Delta Electronics Co (台達電) yesterday posted revenue of NT$22.67 billion (US$743.23 million) for last month, an increase of 2.48 percent year-on-year. However, revenue contracted 1.95 percent on a monthly basis compared with NT$23.12 billion in October. A revenue breakdown showed that the power electronics segment continued to bring in the bulk of revenue, 51 percent, down slightly from 53 percent the previous month. The infrastructure segment remained the second-most important business, contributing 35 percent to overall revenue, while the automation segment increased slightly by contributing 14 percent. Aggregate revenue totaled NT$245.73 billion from January to last month, up 13.86 percent year-on-year.
RETAIL
PChome launches e-coupons
PChome Online Inc (網路家庭) yesterday announced it is to cooperate with Contact Digital Integration Co Ltd (康太數位), also known as 17Life, to launch sales of electronic coupons on its e-commerce platform. Through a collaboration between 17Life and Shin Kong Mitsukoshi Department Store Co (新光三越百貨), the coupons can be used to purchase more than 300 products, ranging from food, hotel reservations, spa treatments, tour tickets and experimental courses, PChome said, adding that customers can also complete the transactions with Pi coins, the company’s online payment system. PChome said it aims to expand the usage of coupons to restaurant chains including Wowprime Corp (王品) and McDonald’s Corp, as well as buffet companies, hotels and resorts.
RETAIL
Revenue hits record high
Kuobrothers Corp (創業家兄弟) yesterday posted record high revenue of NT$541.46 million for last month on the back of Double 11 Singles’ Day sales. Apple Inc’s second-generation AirPods were a hit during the annual shopping event, while sales of toilet paper, heaters, and seasonal food and beverage products also surged, the company said. Kuobrothers said the implementation of Line Corp’s Messaging API system in the second half of this year has allowed it to obtain more insight into customers’ shopping preferences. The company said the conversion rate of orders received via its Line account increased 3.5 times on Nov. 11.
TELECOMS
Hsinchu 5G test completed
Chunghwa Telecom Co (中華電信), the nation’s biggest telecom, yesterday said that it has completed testing of the nation’s first 5G small-cell network in Hsinchu County’s Nanliao Fishing Port in collaboration with Nokia Oyj. The outdoor 5G network deployment is part of the government’s smart city program, the company said. The 5G network can be utilized for remote energy management of streets lights and other functions, such as traffic flow management, the company said in a statement.
EQUITIES
Shares buoyed by Wall St
The TAIEX yesterday closed higher after US markets posted gains at the end of last week following the release of strong job data in Washington, dealers said. The electronics sector remained the engine pushing the market higher, led by semiconductor and optoelectronics shares, but ongoing uncertainty over global trade limited the upward momentum, they said. The TAIEX closed up 51.13 points, or 0.44 percent, at 11,660.77 on turnover of NT$120.351 billion, Taiwan Stock Exchange data showed.
SEEKING CLARITY: Washington should not adopt measures that create uncertainties for ‘existing semiconductor investments,’ TSMC said referring to its US$165 billion in the US Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) told the US that any future tariffs on Taiwanese semiconductors could reduce demand for chips and derail its pledge to increase its investment in Arizona. “New import restrictions could jeopardize current US leadership in the competitive technology industry and create uncertainties for many committed semiconductor capital projects in the US, including TSMC Arizona’s significant investment plan in Phoenix,” the chipmaker wrote in a letter to the US Department of Commerce. TSMC issued the warning in response to a solicitation for comments by the department on a possible tariff on semiconductor imports by US President Donald Trump’s
The government has launched a three-pronged strategy to attract local and international talent, aiming to position Taiwan as a new global hub following Nvidia Corp’s announcement that it has chosen Taipei as the site of its Taiwan headquarters. Nvidia cofounder and CEO Jensen Huang (黃仁勳) on Monday last week announced during his keynote speech at the Computex trade show in Taipei that the Nvidia Constellation, the company’s planned Taiwan headquarters, would be located in the Beitou-Shilin Technology Park (北投士林科技園區) in Taipei. Huang’s decision to establish a base in Taiwan is “primarily due to Taiwan’s talent pool and its strength in the semiconductor
An earnings report from semiconductor giant and artificial intelligence (AI) bellwether Nvidia Corp takes center stage for Wall Street this week, as stocks hit a speed bump of worries over US federal deficits driving up Treasury yields. US equities pulled back last week after a torrid rally, as investors turned their attention to tax and spending legislation poised to swell the US government’s US$36 trillion in debt. Long-dated US Treasury yields rose amid the fiscal worries, with the 30-year yield topping 5 percent and hitting its highest level since late 2023. Stocks were dealt another blow on Friday when US President Donald
UNCERTAINTY: Investors remain worried that trade negotiations with Washington could go poorly, given Trump’s inconsistency on tariffs in his second term, experts said The consumer confidence index this month fell for a ninth consecutive month to its lowest level in 13 months, as global trade uncertainties and tariff risks cloud Taiwan’s economic outlook, a survey released yesterday by National Central University found. The biggest decline came from the timing for stock investments, which plunged 11.82 points to 26.82, underscoring bleak investor confidence, it said. “Although the TAIEX reclaimed the 21,000-point mark after the US and China agreed to bury the hatchet for 90 days, investors remain worried that the situation would turn sour later,” said Dachrahn Wu (吳大任), director of the university’s Research Center for
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