Taipei, Dec. 11, 2012 (CENS)--Mainly thanks to simmering market demand for new PCs running on Windows 8, Compal Electronics Inc. and Inventec Corp., two of Taiwan’s largest laptop contract manufacturers, both saw their revenue surge in November from October. Compal reported combined revenue of N

Taipei, Dec.10, 212 (CENS)--Simplo Technology Co., Ltd., maker of battery packs and modules in Taiwan, saw revenues in November up 1.5% from October to NT$5.76 billion (US$192 million), a new historical high for the seventh consecutive month. However, based on Simplo’s financial forecast with NT$16

Taipei, Dec. 7, 2012 (CENS)--Nanya Technology Corp. and Inotera Memories Inc. saw their revenue rise for the second month in November, but PowerChip Semiconductor Corp. (PSC) failed to stop its revenue from further declining in the meantime. After seeing its revenue fall under the NT$2 billion

Taipei, Dec. 7, 2012 (CENS)--Due to weak private spending and price drops of vegetables, the annual growth of Taiwan’s consumer price index (CPI) declined to 1.59% in November, the lowest of its kind since May, according to the Directorate General of Budget, Accounting & Statistics (DGBAS). In

Taipei, Dec.7, 2012 (CENS)--With abundant sales of commercial fitness equipment, the world’s fourth largest fitness and gym equipment maker Johnson Health Tech Co. Ltd.’s three subsidiaries in Spain, Japan, and Italy are likely to turn losses into gains in 2012, said K.C. Lo, chairman of the firm.

Taipei, Dec. 6, 2012 (CENS)--Taiwan’s foreign exchange reserves increased US$1.74 billion from a month earlier to a record high of US$400.956 billion in November, exceeding US$400 billion again in 14 months, according to the central bank here. A senior official at the central bank indicated tha

Taipei, Dec. 6, 2012 (CENS)--Mainly driven by Apple Inc.’s hot-selling iPhones and iPads, Taiwan’s Largan Precision Co., Ltd., Apple’s contract supplier of camera modules, and TPK Holding Co., Ltd., Apple’s largest supplier of touch panels, both saw revenues hit record highs in November. Largan,

Taipei, Dec.5, 2012 (CENS)--Wintek Corp., a Taiwan-based supplier of touch panels, saw consolidated revenues in November down 13.21% month on month (MoM) to NT$7.356 billion (US$245.2 million); however, due to rising shipments of mid-sized one glass solution (OGS) products, the firm’s operations an

Taipei, Dec.5, 2012 (CENS)--Teco Electric & Machinery Co., Ltd., a major maker of household appliances and motors in Taiwan, saw earnings per share (EPS) in the first nine months of NT$1.22 (US$0.04) to lead Taiwan’s top four household appliance makers, thanks to rising sales of motors and inverter

Taipei, Dec. 4, 2012 (CENS)--In a recent interview with Forbes Magazine, Taiwan Semiconductor Manufacturing Co. (TSMC) Chairman and Chief Executive Officer (CEO) Morris Chang pointed out that 2012 is a good year for the company, but the company will perform much better in 2013, 2014 and 2015. I

Taipei, Dec. 4, 2012 (CENS)--Taiwan’s 38 domestic banks witnessed combined pretax profits hit a record high of NT$214.9 billion (US$7.16 billion) in the first 10 months, up sharply 19% YoY and exceeding the full-year gains of NT$200 billion (US$6.67 billion) recorded in 2011, according to Financial

Taipei, Dec.4, 2012 (CENS)--Hewlett-Packard Company (HP), a U.S.-based NB vendor, saw procurement in Taiwan in 2012 decline for the first time 10% year on year. G.K., Hsiao, HP’s general manager of international procurement in Asia, said expected rebound in global PC shipments in 2013 will likely d

Taipei, Dec.3, 2012 (CENS)--Despite uncertain climate in solar power, Delta Electronics Corp’s honorary chairman Bruce Cheng said that due to expected growth in component sales, the firm will challenge double-digit growth in revenues in 2013, Delta saw gross profit margin in the third quarter h

Taipei, Nov.30, 2012 (CENS)--Shihlin Electric & Engineering Co. (SEEC), one of Taiwan’s major manufacturers of heavy electric machinery, saw exports of such items surge 60% year on year (YoY), also driving its overall business up over 10% annually. The firm aims to expand overseas market of heavy-e

Taipei, Nov.30, 2012 (CENS)--TransAsia Airways, a mid-sized Taiwanese Airline, will start to fly its newly-acquired A330-300 planes to Hokkaido, Japan at the end of 2012. Institutional investors say lower fuel cost will enable the firm to see profits up slightly in the fourth quarter to post a prof

Taipei, Nov.29, 2012 (CENS)--A report from ITIS (Industry & Technology Intelligence Service) shows Taiwan’s display industry seeing slowing growth in 2012, with production value this year up 0.6% slightly to NT$1.4 trillion (US$46.67 billion), among which large-sized panels and color filter both s

Taipei, Nov. 28, 2012 (CENS)—Asia’s syndicated loan value showed a sizable annual drop of 26% to US$199 billion in the first three quarters and the number of cases declined to 676 from 845, according to the statistics released by Thomson Reuters Basis Point Corp., a global provider of information o

Taipei, Nov.28, 2012 (CENS)--Taiwan’s major manufacturers of elevators and escalators Yungtay Engineering Co. and Golden Friends Corporation (GFC) are seeing rising sales this year over last year, due to Chinese government’s promotion of building affordable apartments in Beijing. The two firms are

Taipei, Nov. 27, 2012 (CENS)--Taiwan's exports to several emerging markets have clearly grown this year, and prospects look even brighter, according to Chao Yuen-chuan, President and CEO of Taiwan External Trade Development Council (TAITRA), the semi-official trade promoter. These markets inclu

Taipei, Nov.27, 2012 (CENS)--Taiwan’s industrial production index grew for the fourth consecutive month in October at 4.56% year on year (YoY), the highest growth since June 2011 (except Chinese New Year). A representative of the Ministry of Economic Affairs (MOEA) said that due to continuous growt

Taipei, Nov.27, 2012 (CENS)--Rechi Precision Co. Ltd.’s chairman J.X. Liu pointed out that the firm will ship more than 12 million compressors in 2013, up 10% year on year (YoY). Institutional investors predict the firm’s EPS (earnings per share) in the fourth quarter will improve from the third, c

Taipei, Nov. 26, 2012 (CENS)--Taiwan’s life insurance agents totaled 188,591 as of the end of October, up 3,351 over the end of last year for the sharpest increase in a decade, according to the statistics compiled by The Life Insurance Association of the Republic of China. The number of agents h

Taipei, Nov. 23, 2012 (CENS)--Chimei Innolux Corp., the largest maker of thin film transistor-liquid crystal display (TFT-LCD) panels in Taiwan, posted positive profit margins in the third quarter, and expects to turn profitable in 2013, according to company chairman Tuan Hsing-chien. The compan

Taipei, Nov. 23, 2012 (CENS)--Amid market uncertainty, Taiwan’s major fastener manufacturers and upstream suppliers have felt different market climates, and hence see mixed business prospects in the fourth quarter of this year. Among them, Tycoon Group Enterprise Co. has witnessed strong custome

Taipei, Nov.21, 2012 (CENS)--Rechi Precision Co. Ltd., a maker of compressor in Taiwan, will hold an annual conference for its global suppliers on Nov. 25, with the world’s top air-conditioner makers including Gree Electric Appliances Inc., Midea Group, and Hisense Kelon Electrical Holdings Company

Taipei, Nov. 20, 2012 (CENS)--Taiwan’s domestic banks held deposits of NT$28.05 trillion (US$935 billion) as of the end of August, up 5.8% year on year, with term deposits accounting for NT$12.72 trillion (US$424 billion) or 45%, according to the statistics released by the Financial Supervisory Com

Four of 10 Gold Award winners are 3C products Most observers and insiders agree that, while eying Apple as real-world example, Taiwanese entrepreneurs, enterprises on the island and overseas have little option but to invest in innovation to upgrade global competitiveness, for relying on being OE

Taiwan’s fastener industry recorded a production value of NT$31.5 billion in the second quarter of this year, up 5% over the previous quarter, according to the latest report issued by the Metal Industries Research & Development Centre (MIRDC). MIRDC statistics show that the island’s fastener exp

Taiwan’s top 20 international brands have lost a bit of their value in 2012, according to “The Best Taiwanese Brands 2012” survey as reported by the Interbrand Corp., a brand consulting firm based in the U.K. The survey indicates that the top 20 are worth NT$370.52 billion this year, down 2.7% from

Thanks to the currency clearing memorandum that Taiwan and mainland China signed in late August, Taiwanese banks are preparing to handle renminbi (RMB)-based financial transactions when the memorandum becomes effective at the end of the year. Insiders say that the memorandum paves the way for a