Saturday, May 11, 2013
Panasonic said Friday it had logged another eye-watering net loss in the year to March, coming up US$7.5 billion short, but pledging to turn a profit over the next 12 months.
Japan's Nippon Steel and Sumitomo Metal Corp., the world's second-biggest steelmaker, on Friday posted a US$1.2 billion net loss in its fiscal year to March.
Friday, May 10, 2013
Struggling Japanese electronics giant Sony on Thursday said it booked its first annual net profit in five years, offering a glimmer of hope for the former market leader.
Taiwan Semiconductor Manufacturing Co. (TSMC), the world's largest contract chip-maker, said yesterday it will allocate US$1.5 billion (NT$44.3 billion) in 2013 to boost its capability in research and development (R&D).
Profit-taking dragged down shares of Pegatron Corp., one of Taiwan's leading contract notebook computer makers, yesterday, but a sales outlook for the second half of this year remains upbeat, dealers said.
Mortgage giant Fannie Mae earned a record US$58.7 billion from January through March, benefiting from a one-time accounting move that allowed the company to lower its tax liability.
Thursday, May 9, 2013
Shares of UMC yesterday surged by NT$0.50, or 4.31 percent, closing at a seventh-month high of NT$12.01, following the release of encouraging first-quarter results.
MediaTek Inc., one of Taiwan's leading integrated circuit (IC) designers, said Wednesday that its consolidated sales for April hit a 39-month high on the back of solid demand from China.
Shares of Acer Inc., one of the world's leading personal computer makers, moved higher Wednesday morning after the company reported a day earlier that it turned a profit in the first quarter, dealers said.
Taiwanese computer maker Acer Inc. said Wednesday that it is aiming for single-digit growth in shipments in the current quarter after returning to profitability in the first quarter.