Monday, July 21, 2014
Securities companies in Taiwan suffered a more-than 17 percent month-on-month decline in net profits in June in the wake of losses incurred by their proprietary operations, according to the Taiwan Stock Exchange (TWSE).
Eyeing the US$5.6 billion indoor lighting business, the Organic Light-emitting Diode Lighting Commercialization Alliance (OLCA) was recently established with a view to facilitating OLED industry development in Taiwan.
Brazil plans to use Japanese technology in building a floating structure and ships for its huge offshore oil development project, media reports said Sunday.
Sunday, July 20, 2014
A move by China Steel Corp. (中鋼), Taiwan's largest steel maker, to leave its domestic wholesale product prices unchanged showed the market has been stabilizing, analysts said Saturday.
Taiwan's machine tool exports rose in June due to strong demand from Turkey and Germany, a local industry group said Saturday.
uncil of Agriculture (COA, 農委會) Minister Chen Bao-ji (陳保基) has solicited investment in the value-added agriculture industry in Taiwan's planned free economic pilot zones (FEPZs) and has aggressively promoted a future U.S.-Taiwan bilateral investment agreement (BIA) during a July 13-19 visit to the United States, a COA spokesman said Saturday.
Shares of smartphone camera lens supplier Largan Precision Co. (大立光) came under pressure Friday morning, extending their losses from a session earlier, although the company reported a record high net profit for the second quarter of the year, dealers said. Many investors preferred to lock in the gains they had built in the stock in recent sessions, hoping that Largan will report bottom line growth for the past quarter, they said.
With global demand on the rise on the back of an economic recovery, Taiwan's export orders for June are expected to continue to rise, growing more than 5 percent from a year earlier, the Ministry of Economic Affairs said Saturday.
Shipments of Taiwan-made cellphones in the second quarter grew by some 30 percent from both a year earlier and a quarter earlier, driven by local brands' intensive efforts to launch new models, a research report said.
A Taiwan-sponsored international trade show of parts and components for automobiles and motorcycles opened in Yangon, Myanmar, featuring 97 exhibitors from eight countries.