Taiwan’s Top 20 International Brands for 2012 Valued at Over NT$370 B.
(2012/11/20)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
Cross-Strait Financial Prospects Boosts Foreign Shareholding of Taiwanese FHCs
(2012/11/20)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
Cheng Uei’s Consolidated Gross Profit Margin in Q3 Recovers
(2012/11/16)Taipei, Nov.16, 2012 (CENS)--The Taiwan-based connector supplier Cheng Uei Precision Industry Co. saw consolidated gross profit margin in the third quarter rebound to 11.51%, a new high in 2012. Driven by Apple products, the firm is expected to see profits and gross profit margin in the fourth quar
Taiwanese Contract Assemblers to Ship 42 M.-44 M. LCD TVs in 2013: WitsView
(2012/11/15)Taipei, Nov. 15, 2012 (CENS)--Taiwanese TV contract assemblers are expected to ship 42- 44 million LCD TVs in 2013, a 10% to 14% year-on-year (YoY) increase, according to Witsview. TPV Technology Ltd. and Unihan Corp. are expected to enjoy 40% to 70% shipment growth in 2013, the market research
Taiwan’s Auto-Parts Makers Report Good Results in Oct.
(2012/11/15)Taipei, Nov. 15, 2012 (CENS)--Global demand for auto parts in the fourth quarter, the traditional high season, is expected to be strong, especially amid bad weather in North America. Tong Yang Industrial Co., Ltd., a major auto-parts supplier in Taiwan, announced registered revenue of NT$1.15 b
Taiwan Trade-Promoting Group Visits East Europe
(2012/11/15)Taipei, Nov. 15, 2012 (CENS)--With economic growth cooling in China and sagging demand in the U.S. and West Europe, the Ministry of Economic Affairs (MOEA) and Taiwan External Trade Development Council (TAITRA) jointly organized a trade promoting group early this month to go to East Europe includi
Cathay Life Leads in FYP Revenues for First 10 Months
(2012/11/15)Taipei, Nov.15, 2012 (CENS)--With growing sales of investment-oriented insurance policies, Cathay Life in Taiwan achieved FYP (first year premiums) in October of NT$17.6 billion (US$586.67 million), the highest among rivals for the third consecutive month, with a total of NT$230.5 billion (US$7.68
Cheng Shin and Kenda Both Hit Record Revenues in First 3 Qtrs.
(2012/11/15)Taipei, Nov.15, 2012 (CENS)--Taiwan’s two major tire makers both achieved historical-high consolidated revenues in the first three quarters, with Cheng Shin Rubber Co.’s increasing 13% year on year (YoY) to NT$98.8 billion (US$3.29 billion), and Kenda Tires Co.’s growing 10% from a year earlier. I
Acer Sees Non-combined Revenue Plunge 29.91% YoY in Oct.
(2012/11/14)Taipei, Nov. 14, 2012 (CENS)--Slowing its restocking pace to control its inventory levels in response to market uncertainty after the launch of Windows 8, Acer Inc., one of the world’s top five PC brand vendors, saw its non-combined revenue for October decline by 29.91% year on year (YoY) to NT$25
Papermaker YFY’s Revenues in 2012 to Challenge US$1.83 B.
(2012/11/13)Taipei, Nov.13, 2012 (CENS)--The major fine-paper maker Yuen Foong Yu Paper Mfg. Co., Ltd. (YFY) saw its No.5 and No.6 household paper-making machines and bio-pulp plant in Yangzhou (Jiangsu Province, China) come online in the third quarter, with 50% of capacity utilization currently and expected t
Asus’ Oct. Revenues up 5.3% to NT$35.6 B.
(2012/11/12)Taipei, Nov.12, 2012 (CENS)--ASUSTek Computer Inc. (Asus brand), a major Taiwan-based computer vendor, announced recently that its parent company saw revenues in October up 5.3% month on month (MoM) to NT$35.555 billion (US$1.19 billion). Along with revenues from sales of Win 8 models, institution
Export Revenue and ASP of Taiwan-made Bicycles Hit New Highs
(2012/11/12)Taipei, Nov.12, 2012 (CENS)--Taiwan’s export revenues of bikes and parts are estimated to total US$2.65 billion this year, rising about 8%year on year (YoY) from US$2.44 billion, with average selling price (ASP) possibly outstripping US$400, both hitting new highs, predicts the Taiwan Bicycle Expor
Struggling Nanya, Inotera See Oct. DRAM Sales Increase
(2012/11/08)Taipei, Nov. 8, 2012 (CENS)--Nanya Technology Corp. scored consolidated revenue of NT$2.2 billion (US$77.3 million at US$1:NT$29) in October and its affiliated Inotera Memories Inc. had NT$2.9 billion (US$102 million), surging 20.4%and 5.7% from a month earlier, respectively. Both firms saw the
Windows 8 Ups Contract System Assemblers` Shipments in Sept.
(2012/11/08)Taipei, Nov. 8, 2012 (CENS)--Some contract system makers in Taiwan saw sales growth in September, and anticipate even-better results in October, thanks to the Windows 8 effects, according to industry sources. Wistron Corp., a major EMS (electronics manufacturing services) provider, reported cons
Asus` PC Shipments up 12% YoY in Q3 2012
(2012/11/07)Taipei, Nov. 7, 2012 (CENS)--Worldwide PC shipments totaled 87.5 million units in the third quarter of 2012, down 8.3% year-on-year (YoY), according to preliminary results by Gartner Inc. Among the top-5 PC vendors, only the No. 1 Lenovo of China and No. 5 Asus of Taiwan saw YoY sales increases of
Asus Surpasses Acer in NB Shipments in October
(2012/11/07)Taipei, Nov.7, 2012 (CENS)--The top two Taiwanese NB vendors Asus and Acer saw mixed shipment performance in October, with Asus shipping 1.8 million units to lead Acer’s 1.6 million units. In the third quarter, Asus exceeded Acer in NB shipments in the U.S., Asia Pacific, and China. A deputy man
Cellphone Lens Supplier Largan’s Revenue Peaks Again in October
(2012/11/07)Taipei, Nov.7, 2012 (CENS)--Due to speeding pull-in component deliveries for Apple Inc., Largan Precision Co., Ltd., a major supplier of camera lens for Apple’s iPhone 5, saw consolidated revenues in October rise 34% month on month (MoM) to NT$2.416 billion (US$80.53 million), hitting a historical
Taiwan Cement Group’s Profits in 2012 to Challenge US$333 M.
(2012/11/06)Taipei, Nov.6, 2012 (CENS)--With coming traditional high season and growing cement price and output, Taiwan Cement Co. (TCC), an affiliate of Taiwan Cement Group, expects to see rising profits in the fourth quarter to tie the first three quarters; while another affiliate China Synthetic Rubber Corp
Asus of Taiwan Posts Highest NB Shipment Growth in Q3 Globally
(2012/11/06)Taipei, Nov.6, 2012 (CENS)--A market research firm IDC’s global NB shipments report in the third quarter shows Lenovo Group Ltd. replacing Hewlett-Packard (HP) to become the world’s largest NB maker; while Taiwan’s Asus Computer Inc. posted the sharpest growth exceeding 10% quarter on quarter (QoQ
Global PC Shipments Drop 8.6% YoY in Q3, 2012: IDC Data
(2012/11/05)Taipei, Nov. 5, 2011 (CENS)--Worldwide personal computer (PC) shipments declined 8.6% from the same period of last year, or year-on-year (YoY), in the in the third quarter of 2012, according to the International Data Corporation (IDC), which are below IDC's August forecast of a 3.8% YoY market cont
Mega Most Profitable Gov’t-linked Bank in First 9 Months
(2012/11/05)Taipei, Nov. 5, 2012 (CENS)--Mega International Commercial Bank posted pretax profits of NT$19.306 billion (US$643.53 million) in the first nine months with earnings per share (EPS) of NT$2.83 (US$0.094), the highest among nine government-linked banks, according to the statistics released by the Mi
LED Maker Lextar Scores Robust Sales in Q3
(2012/11/02)Taipei, Nov. 2, 2012 (CENS)--LED maker Lextar Electronics Corp. saw its consolidated revenue for the third quarter of the year rise 10.9% quarter on quarter and surge 14.9% year on year, to NT$2.8 billion (US$99.7 million at US$1:NT$29), and consolidated after-tax net income post at NT$105 million
Connector Maker Cheng Uei’s Q3 Profits Grow 10 Times Over Q2
(2012/11/02)Taipei, Nov.2, 2012 (CENS)--Taiwan’s connector makers witnessed remarkable growths in the third quarter, with Lotes Co. Ltd. hitting the highest EPS (earnings per share) of NT$3.67 (US$0.12), reaching NT$8.52 (US$0.284) in the first three quarters and likely to challenge NT$10 (US$0.33) in the year
Seven Life Insurers’ Net Worth Rise US$3.33 B. in Q3
(2012/11/02)Taipei, Nov.2, 2012 (CENS)--Benefiting from the 5.74% quarter on quarter (QoQ) growth of the Taiwanese stock market in the third quarter, life insurers in Taiwan including Cathay Life, Shin Kong Life, Fubon Life, Nan Shan Life, China Life, Taiwan Life, and Mercuries Life Insurance saw their net wor
Footwear Maker Pou Chen’s EPS Hit NT$2.87 in First Three Quarters
(2012/11/02)Taipei, Nov. 2, 212 (CENS)--Pou Chen Group, a major maker of footwear in Taiwan, saw robust operating performance with after-tax net profits of NT$8.395 billion (US$279.83 million) in the first three quarters, soaring 80.7% year on year (YoY), with after-tax earning per share (EPS) of NT$2.87 (US$0
Taiwan Cement Sees EPS in Q3 down 16% QoQ
(2012/11/02)Taipei, Nov.2, 2012 (CENS)--Taiwan Cement Group’s three listed subsidiaries saw NT$7.372 billion (US$245.73 million) in net profits in the first three quarters, down 25% year on year (YoY). Institutional investors indicated that, with the coming high season, Taiwan Cement Co.’s (TCC) operation in
ANCMA in Italy Pleads for Official Action Amid PTW Market Woes
(2012/11/02)Besides the often reported financial woes besetting Italy, the largest powered two-wheeler (PTW) market in Europe has also been suffering steadily dropping sales that are threatening its long-established PTW industry, one that may have given the world the iconic Vespa and blueprints for the show-s
Taiwan showcases the latest in motorcycles and electric vehicles
(2012/11/02)Many exciting new products, bikes and concepts were unveiled at the 2012 Taiwan International Motorcycle Industry Show (Motorcycle Taiwan) and Taiwan International Electric Vehicle Show (EV Taiwan) held at the Taipei World Trade Center (TWTC) Exhibition Hall 1 from April 12-15. The joint four-day e
EV Taiwan 2012 Shows Electrifying R&D Work by TARC
(2012/11/02)Without world-class automakers in Taiwan, where operators have always been OEMs for global brands except for the Luxgen line that was launched in the last couple of years by the local Yulon Group to claim to be the first homegrown vehicle built on an SUV platform, literally all the automotive R&D o
Taiwan`s Auto Vehicle Production Value Climbs 11.7% YoY in Q2
(2012/11/02)With increased car exports that offset sagging local new-car sales, Taiwan's auto or transportation vehicle industry production value, including assembled vehicles, auto parts, powered two-wheelers (PTWs), and electric vehicles (including locally-produced Toyota Camry hybrids and electric scooters)