Taipei, Aug. 9, 2012 (CENS)--While many machine-tool makers in Taiwan reported brisk shipments in July, some of their domestic peers in the industry saw their July revenues contract from a year earlier for failing to fill orders in time. Tongtai Machine & Tool Co., Ltd. scored revenue of NT$40

Taipei, Aug. 9, 2012 (CENS)--ICP Electronics Inc., a Taiwan-based supplier of industrial computers, predicts revenue to grow 10%~20% in the second half over the first half, with revenue in fourth quarter expected to rise over the third quarter, according to the firm’s chairman B.D. Guo. Guo p

Taipei, Aug. 9, 2012 (CENS)--Sampo Corporation, Sanyo Electronic (Taiwan) Co., Ltd, and E-Life Mall Corporation, distributors of home appliances in Taiwan, saw booming revenues in July, attributing the feat to hot sales of energy-saving air conditioners and liquid crystal display (LCD) TVs. Acc

Taipei, Aug. 8, 2012 (CENS)--Dampened by a slack global economy, Taiwan’s annual LCD TV shipment by contract manufacturers is estimated to drop, for the first time ever, by 13-16% year on year to only between 37 million and 38 million units this year, according to WitsView, a global market research

Taipei, Aug. 8, 2012 (CENS)--Immune to sluggish market demand for laptops, Taiwan’s top two battery pack and module makers, namely Simplo Technology Co., Ltd. and Dynapack International Technology Corp., both scored banner revenues in July. Simplo, now the world’s largest maker of battery packs

Taipei, Aug. 8, 2012 (CENS)--With over NT$6 billion (US$200 million) in dividends, Cathay Life insurance Co. of Taiwan saw profits hit NT$2.84 billion (US$94.67 million) in July. Cathay Financial Holdings Co., parent of Cathay Life, posted NT$4.4 billion (US$146 million) in profit in July to ac

Taipei, Aug. 7, 2012 (CENS)—Solar-equipment maker Motech Industries Inc. had net loss of NT$2.23 billion (US$74.5 million at US$1:NT$30) last quarter and net loss of NT$3.22 billion (US$107 million), or NT$7.34 per share, in the first half this year, both setting record highs in the company’s histo

Taipei, Aug. 7, 2012 (CENS)--Despite slowing orders due to the economic downturn, several machine tool maker sin Taiwan including Taiwan Takisawa Ltd., Awea Mechantronic Co., Goodway Machine Corp., Kao Fong Machinery Co., and Falcon Machine Tools Co. still saw profits grow year on year (YoY) in the

Taipei, Aug. 6, 2012 (CENS)--Some 22,743 projectors were sold in Taiwan in the second quarter of the year, down 11.9% year-on-year (YoY) and 11.6% quarter-on-quarter (QoQ), according to statistics released by IDC Taiwan, local subsidiary of the global provider of market intelligence, which attribut

Taipei, Aug. 6, 2012 (CENS)--Influenced by the lingering European debt crisis, Taiwan’s domestic banks witnessed the lending/deposits ratio rise to 78% at the end of May. Compared to the end of last year, a total of 30 domestic banks posted an uptrend in the said ratio; and of which, 15 saw the

Taipei, Aug. 6, 2012 (CENS)--Taiwan’s sales of new powered two-wheelers (PTWs) dropped the third consecutive month in July, down 13% year on year (YoY), pushing the annual growth rate from positive to negative to make realizing the 600,000 unit goal difficult. Despite downturns in the domestic

Taipei, July 31, 2012 (CENS)--Amid the faltering global economy, Formosa Plastic Group’s affiliates in Taiwan have geared up to upgrade their product mixes to boost profitability with higher-profit products prepared for economic turnarounds in the years to come. For example, Formosa Plastics Cor

Taipei, July 30, 2012 (CENS)--Acer Inc., a well-known PC maker globally, saw laptop shipments in Europe exceed Hewlett-Packard (HP) in the second quarter, returning to lead in Europe the first time since the third quarter of 2010. Asus, Taiwanese PC vendor Asustek's brand, rose to No.4 in the glob

Taipei, July 25, 2012 (CENS)--Personal computer (PC) shipments in Asia/Pacific (excluding Japan) region (APEJ) grew 1% quarter-on-quarter (QoQ) in the second quarter, but declined 1% year-on-year (YoY) to reach 30.7 million units, according to preliminary results of International Data Corporation's

Taipei, July 25, 2012 (CENS)--Shipping 27.51 million units of various PCs to command a 10.9% share of the EMEA (Europe, the Middle East and Africa) market in the second quarter of this year, Asus, the brand owned by Taiwan’s PC vendor, Asustek Computer Inc., effectively outpaced Dell to become the

Taipei, July 25, 2012 (CENS)--Taiwan’s industrial production index in June decreased by 2.44% year on year (YoY) to 128.59, with manufacturing production index declining by 2.31% to 131.39 in the month, both dropping for the fourth consecutive month, according to statistics released by the Ministry

Taipei, July 23, 2012 (CENS)--Pihsiang Machinery Manufacturing Co., Ltd., one of the world's leading makers of healthcare electric scooters and an aggressive player in electric vehicle (EV) development and production, saw its June revenue record an annual growth of 51% hit a four-year monthly high

Taipei, July 19, 2012 (CENS)--Worldwide PC shipments totaled 87.5 million units in the second quarter of 2012, a decline of 0.1% from the same period of previous year; and Taiwan-based Acer regained its No. 3 position during the period by replacing Dell of the U.S., according to preliminary results

Taipei, July 18, 2012 (CENS)--Johnson Health Tech, a Taiwan-based fitness equipment maker, announced emphasizing both channel and branding strategies in the second half of the year, during which new products under its “Vision Fitness” brand will be launched to target the high-end household fitness

Taipei, July 17, 2012 (CENS)--With sales of some high-interest insurance policies to be ceased in the second half of the year, the life insurance industry in Taiwan saw its first year premium (FYP) revenues soar to NT$133.4 billion (US$4.43 billion) in June, the highest monthly record in history.

Taipei, July 12, 2012 (CENS)--At a time when many of Taiwan’s machine tool makers are underperforming on weak demands in mainland China, the biggest export destinations for Taiwan’s machine tools, AWEA Mechantronic Co., Ltd. and Goodway Machine Corp. saw their revenue hit new highs in June. Be

Taipei, July 11, 2012 (CENS)--Chunghwa Telecom Co., Ltd. scored net earnings of NT$2.4 billion (US$85 million at US$1:NT$29) in June , a decrease of 44% from the same month of last year, and NT$0.32 per share, a 42.9% slip from the same month of last year. In the meantime, Taiwan’s No.1 telecom

Taipei, July 11, 2012 (CENS)--Polaris Research Institute, a private economic think tank in Taiwan, lately lowered prediction on Taiwan’s economic growth this year to 2.5%, sharply down by 1.38 percentage points from 3.88% predicted at the end of March, with the forecast being the lowest among count

Taipei, July 10, 2012 (CENS)--United Microelectronics Corp. yesterday announced that its revenue for June edged up 0.9% from a month earlier to a 13-month high of NT$9.2 billion (US$320 million at US$1: NT$29), and its revenue of NT$27.6 billion (US$952 million) for the second quarter represented a

Taipei, July 10, 2012 (CENS)--MediaTek Inc. saw its revenue for June rise 2.52% from a month earlier, to NT$7.8 billion (US$270 million at US$1:NT$29), capping the downtrend since April. The company’s revenue for the second quarter was NT$23.4 billion (US$808 million), surging 19.5% from a quar

Taipei, July 9, 2012 (CENS)--With Yang Ming Marine Transport Corp., a Taiwan-based ocean cargo carrier, to buy five brand new containerships of 14,000 TEUs (twenty-foot units), CSBC Corp., Taiwan, the largest shipbuilder on the island, has shown intense interest in vying for the huge business oppor

Taipei, July 9, 2012 (CENS)--Benefiting from the growing demand for light-emitting diode (LED) TV and new production orders from its clients, Unity Opto Technology Ltd., a Taiwan-based LED packaging company, saw its global sales revenue in June hit a two-year monthly high of NT$7.1 billion (US$236.

Taipei, July 9, 2012 (CENS)--Makalot Industrial Co., Ltd, a major garment maker in Taiwan, reported combined revenues of NT$1.021 billion (US$ 34 million) in June, for a monthly growth of 1.28%. Institutional investors say the low season is usually in May and June and the peak season starts in the

Taipei, July 9, 2012 (CENS)--Taiwan’s consumer price index (CPI) showed an annual growth of 1.77% in June, which will be highest of its kind since July 2011if excluding January of this year and last December as the former witnessed commodity price hike during Chinese New Year and the latter saw pri

Taipei, July 5, 2012 (CENS)--Amid reports that some customers are considering leaving Taiwan Semiconductor Manufacturing Co. (TSMC) and seek other foundries for high-end foundry capacity, the company’s chairman and chief executive officer (CEO), Morris Chang, said the company will supply high-end f