Thursday, April 10, 2014
Shares of AU Optronics Corp. (AUO) moved higher yesterday morning after the Taiwanese flat panel maker reported a 20-percent month-on-month increase in sales for March, dealers said.
In anticipation of a possible influx of Chinese visitors during China's May Day holiday, Taiwan will raise the daily quota for individual Chinese travelers entering the country from 3,000 to 4,000 starting April 16, the National Immigration Agency said yesterday.
A 4-in-1 Mega Show kicked off yesterday, with 1,346 exhibitors setting up 3,665 booths to present auto parts, accessories and equipment at the Taipei World Trade Center (TWTC), making it one of the largest and most diverse automobile shows in Asia.
Led by Taiwan Semiconductor Manufacturing Co. (TSMC,台積電) and other bellwether high-technology stocks, the local market on Wednesday climbed 42.32 points to close at a 34-month high of 8,930.57.
Boosted by the further inflow of foreign capital, the Taiwan dollar on Wednesday rose NT$0.108 to close at a 3-month high of NT$30.162 against the U.S. dollar on the Taipei forex.
The local market is turning its back on negative non-economic factors and investors are shifting their attention back to fundamentals after protesting students announced an end to their occupation of the Legislative Yuan's main chamber, a top finance official said Wednesday.
Wednesday, April 9, 2014
Asustek Computer Inc.'s two latest ZenFone models made their worldwide market debuts in Taiwan yesterday after having been first unveiled at the Consumer Electronics Show in Las Vegas in January.
Taiwanese food and beverage firms were represented at the 19th Food and Hotel Asia (FHA) trade fair that opened Tuesday at Singapore's Expo Convention and Exhibition Center, with a display booth featuring alcoholic drinks, halal food and deep ocean products, an event organizer said.
Consumer confidence in Taiwan remained the lowest in the Greater China region during the first quarter of 2014, according to a survey published in Beijing on Tuesday.
Advanced Semiconductor Engineering Group (ASE, 日月光) and AU Optronics (AUO, 友達) yesterday announced their performance results for March and the first quarter of this year, with both companies recording month-on-month improvements of 22.3 percent and 20.7 percent respectively.