Thursday, April 24, 2014
Sales generated by the world's flat panel sector in March rose 18 percent from a month earlier, according to a survey released on Wednesday by market advisory firm DisplaySearch.
Aiming at the mid-range smartphone market in Taiwan, HTC Corp. (宏達電) on Wednesday announced launch dates for two new flagship Desire phones — the 4G-compatible HTC Desire 816 and 610.
Thanks to developed nations' economic recoveries, the local manufacturing sector is expected to grow 3.1 percent this year, up 0.89 percentage points from last year, the government-sponsored Industrial Technology Research Institute (ITRI, 工業技術研究院) said yesterday.
Preferring Inotera Memories Inc. (華亞科技) to Nanya Technology Corp. (南亞科技), two foreign brokerages on Wednesday respectively raised target prices for Inotera to NT$36 and NT$41.
The U.S. dollar rose against the New Taiwan dollar Wednesday, gaining NT$0.023 to close at the day's high of NT$30.326 after moving in a narrow range ahead of the release of manufacturing activity data in the United States, dealers said.
Shares in Taiwan closed lower Wednesday after briefly breaching 9,000 points as the bellwether electronics sector came under pressure from investors pocketing earlier gains, dealers said.
Chinese manufacturing activity improved slightly in April as domestic demand showed “mild improvement,” HSBC said Wednesday, but it warned the world's second-largest economy was still showing signs of weakness.
Eurozone business activity hit a near three-year high in April as a modest economic recovery gained momentum and began creating jobs, a closely watched survey showed on Wednesday.
Former U.S. Federal Reserve Chairman Ben Bernanke said he could have done a better job in helping people understand the action the central bank took during the financial crisis.
Japanese railway and hotels giant Seibu Holdings jumped nearly 11 percent on its return to the Tokyo stock market Wednesday, a decade after it was de-listed following a major accounting scandal.