The nation’s major telecoms on Tuesday posted robust revenue for last year, as growth in mobile 5G subscriptions helped boost average revenue per user (ARPU).
Chunghwa Telecom Co (中華電信) reported that revenue expand 3 percent annually to NT$216.74 billion (US$7.12 billion) last year, surpassing the company’s high-end projection of NT$214 billion.
Net profit rose 2.1 percent to NT$36.52 billion last year, beating its estimate of NT$36.04 billion and reaching its highest level in about four years, it said.
Photo: AFP
Earnings per share (EPS) rose to NT$4.71 last year from NT$2.1 in 2021.
“Rises in ARPU for the mobile and fixed-line businesses helped boost the company’s net profits,” Chunghwa Telecom chairman Sheih Chi-mau (謝繼茂) said in a statement. “Additionally, 5G-based information-and-communications projects also helped.”
Last month, mobile ARPU rose 5 percent annually, the 21st month of increases, which Chunghwa Telecom attributed to a rise in 5G subscribers. The company did not disclose its number of 5G subscribers.
Taiwan Mobile Co (台灣大哥大) said that revenue last year expanded 10 percent year-on-year to an all-time high of NT$172.21 billion.
The firm’s e-commerce subsidiary Memo.com Inc (富邦媒體), one of its major growth engines, saw revenue soar 17 percent to more than NT$103.44 billion last year.
Net profit rose 0.36 percent to NT$11.03 billion from 2021. EPS edged higher to NT$3.91 from NT$3.9 a year earlier, it said.
“The upgrade to 5G services and exclusive mobile packages helped boost the company’s mobile ARPU 1.8 percent annually to NT$662 million in December, for 19 months of increases,” Taiwan Mobile chief financial officer George Chang (張家麒) said in a statement.
As a result, mobile service revenue expanded 3.3 percent annually last month to NT$394.4 billion, hitting the highest level in three years, Chang said.
Far EasTone Telecommunications Co (遠傳電信) said that revenue last year increased 4.5 percent from a year earlier to NT$89.15 billion, after mobile service revenue climbed 2.9 percent to NT$49.82 billion in the year and growth in 5G mobile users drove up its ARPU 3.6 percent from a year earlier.
Net profit rose 5.3 percent to NT$9.61 billion from NT$9.12 billion in 2021, with EPS expanding from NT$2.8 to NT$2.95, the firm said.
SEMICONDUCTOR SERVICES: A company executive said that Taiwanese firms must think about how to participate in global supply chains and lift their competitiveness Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday said it expects to launch its first multifunctional service center in Pingtung County in the middle of 2027, in a bid to foster a resilient high-tech facility construction ecosystem. TSMC broached the idea of creating a center two or three years ago when it started building new manufacturing capacity in the US and Japan, the company said. The center, dubbed an “ecosystem park,” would assist local manufacturing facility construction partners to upgrade their capabilities and secure more deals from other global chipmakers such as Intel Corp, Micron Technology Inc and Infineon Technologies AG, TSMC said. It
People walk past advertising for a Syensqo chip at the Semicon Taiwan exhibition in Taipei yesterday.
NO BREAKTHROUGH? More substantial ‘deliverables,’ such as tariff reductions, would likely be saved for a meeting between Trump and Xi later this year, a trade expert said China launched two probes targeting the US semiconductor sector on Saturday ahead of talks between the two nations in Spain this week on trade, national security and the ownership of social media platform TikTok. China’s Ministry of Commerce announced an anti-dumping investigation into certain analog integrated circuits (ICs) imported from the US. The investigation is to target some commodity interface ICs and gate driver ICs, which are commonly made by US companies such as Texas Instruments Inc and ON Semiconductor Corp. The ministry also announced an anti-discrimination probe into US measures against China’s chip sector. US measures such as export curbs and tariffs
The US on Friday penalized two Chinese firms that acquired US chipmaking equipment for China’s top chipmaker, Semiconductor Manufacturing International Corp (SMIC, 中芯國際), including them among 32 entities that were added to the US Department of Commerce’s restricted trade list, a US government posting showed. Twenty-three of the 32 are in China. GMC Semiconductor Technology (Wuxi) Co (吉姆西半導體科技) and Jicun Semiconductor Technology (Shanghai) Co (吉存半導體科技) were placed on the list, formally known as the Entity List, for acquiring equipment for SMIC Northern Integrated Circuit Manufacturing (Beijing) Corp (中芯北方積體電路) and Semiconductor Manufacturing International (Beijing) Corp (中芯北京), the US Federal Register posting said. The
RSS