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.
Intel Corp chief executive officer Lip-Bu Tan (陳立武) is expected to meet with Taiwanese suppliers next month in conjunction with the opening of the Computex Taipei trade show, supply chain sources said on Monday. The visit, the first for Tan to Taiwan since assuming his new post last month, would be aimed at enhancing Intel’s ties with suppliers in Taiwan as he attempts to help turn around the struggling US chipmaker, the sources said. Tan is to hold a banquet to celebrate Intel’s 40-year presence in Taiwan before Computex opens on May 20 and invite dozens of Taiwanese suppliers to exchange views
Application-specific integrated circuit designer Faraday Technology Corp (智原) yesterday said that although revenue this quarter would decline 30 percent from last quarter, it retained its full-year forecast of revenue growth of 100 percent. The company attributed the quarterly drop to a slowdown in customers’ production of chips using Faraday’s advanced packaging technology. The company is still confident about its revenue growth this year, given its strong “design-win” — or the projects it won to help customers design their chips, Faraday president Steve Wang (王國雍) told an online earnings conference. “The design-win this year is better than we expected. We believe we will win
Power supply and electronic components maker Delta Electronics Inc (台達電) yesterday said it plans to ship its new 1 megawatt charging systems for electric trucks and buses in the first half of next year at the earliest. The new charging piles, which deliver up to 1 megawatt of charging power, are designed for heavy-duty electric vehicles, and support a maximum current of 1,500 amperes and output of 1,250 volts, Delta said in a news release. “If everything goes smoothly, we could begin shipping those new charging systems as early as in the first half of next year,” a company official said. The new
SK Hynix Inc warned of increased volatility in the second half of this year despite resilient demand for artificial intelligence (AI) memory chips from big tech providers, reflecting the uncertainty surrounding US tariffs. The company reported a better-than-projected 158 percent jump in March-quarter operating income, propelled in part by stockpiling ahead of US President Donald Trump’s tariffs. SK Hynix stuck with a forecast for a doubling in demand for the high-bandwidth memory (HBM) essential to Nvidia Corp’s AI accelerators, which in turn drive giant data centers built by the likes of Microsoft Corp and Amazon.com Inc. That SK Hynix is maintaining its
RSS