Contract electronics manufacturer Hon Hai Precision Industry Co (鴻海精密) and contract chipmaker Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) were the top two most-watched Taiwanese stocks by Yahoo Finance app users this year, the Web services company said yesterday.
Yahoo Finance picked this year’s top 10 stocks based on view counts of Taiwanese stocks on its app from Jan. 1 to Dec. 15. All of the top 10 were electronics companies.
Hon Hai founder Terry Gou’s (郭台銘) decision earlier this year to hand over the running of his company to an operations committee, robust sales of the new iPhone 11 series and reports that companies in Apple Inc’s supply chain are gearing up for mass production of AirPods wireless earphones spurred interest in the company’s shares, making it the most popular among local stocks, Yahoo Finance said.
TSMC chairman Mark Liu’s (劉德音) prediction that, aided by its introduction of 7-nanometer fin field-effect transistor process technology, the company would enjoy substantial sales growth next year, despite forecasts of a 12 percent fall in global semiconductor sales, helped TSMC remain in second place on the list, Yahoo Finance said.
Memorychip maker Macronix International Co (旺宏電子) took third place; followed by passive component manufacturers Yageo Corp (國巨) and Walsin Technology Corp (華新科技) in fourth and fifth place; and printed-circuit board makers Unimicron Corp (欣興電子) and Compeq Manufacturing Co (華通電腦) in sixth and seventh place respectively.
Rounding out the top 10 were memorychip suppliers Nanya Technology Corp (南亞科技) and Winbond Electronics Corp (華邦電子), and flat-panel maker Innolux Corp (群創光電).
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INSULATED: The company said it is less exposed to global complications, as it has built a strong footprint worldwide, and has multiple sources of rare earths and raw minerals Merck Group yesterday said it would ramp up production next year at its new flagship facility in Kaohsiung’s Lujhu District (路竹) to satisfy growing demand for advanced semiconductor materials and specialty gases, and to address supply resilience issues amid mounting geopolitical risks. Merck made the remarks during a news conference before the inauguration of its 500 million euros (US$582.1 million) facility, which is also to supply other markets in the Asia-Pacific region, it said. Merck executive board deputy chair and electronics CEO Kai Beckmann told reporters the company adopted a “local-for-local” strategy about seven years ago to address the cycle time of
Two companies wholly owned by the daughter of the founder of Hon Hai Precision Industry Co (鴻海精密) on Monday reported to the Taiwan Stock Exchange that they would dispose of all of the Hon Hai shares they hold. In filings with the exchange, Hong Wei Investment Co (鋐維) said it would sell the 2.771 million Hon Hai shares it holds and Frontier Investment Corp (承鋒投資) said it would sell its 2.409 million Hon Hai shares from tomorrow until Jan. 3 next year. The two companies are wholly owned and chaired by Shirley Gou (郭曉玲), the eldest daughter of Hon Hai founder Terry
RIDING THE WAVE: The race to build AI infrastructure has lifted the valuations of top memory makers, such as Micron, amid dwindling inventories and supply challenges Micron Technology Inc is to spend ¥1.5 trillion (US$9.6 billion) to build a plant in western Japan to make memory chips for artificial intelligence (AI) applications, the Nikkei reported on Saturday. The move comes as Micron seeks to diversify advanced chip production outside of Taiwan, the Nikkei article said, citing people familiar with the matter. The new factory will manufacture high-bandwidth memory (HBM) chips, a key component for working with AI processors such as those made by Nvidia Corp, the report said. Micron would build the facility within the compound of its Hiroshima plant, starting in May next year, with plans to launch