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Monday, July 21, 2014
Amid upbeat sentiment about Taiwan Semiconductor Manufacturing Co.'s (TSMC, 台積電) high-end technology processes, several foreign brokerages have raised their forecasts for the contract chip maker's earnings.
Several foreign brokerages have raised their target prices on shares of Largan Precision Co. (大立光) to more than NT$3,000 (US$100) after the Taiwan-based smartphone camera lens supplier reported a new high in net profit for the second quarter of this year.
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.
Sunday, July 20, 2014
Taiwan -- Matmo status upgraded to typhoon
The Central Weather Bureau (CWB) announced yesterday that July 21 will be a key date for determining whether typhoon alerts will be issued on land and sea, as the tropical depression known as Matmo (麥德姆) was upgraded to typhoon status yesterday with no further sign of course alteration.
The Chinese Taipei team for the 2014 FIBA Asia Cup secured a second place win yesterday, a team milestone as it is the best result Chinese Taipei has ever secured in the bi-annual basketball tournament.
MP & Silva abruptly terminated a contract to distribute Taiwan's professional baseball games in the local media, citing a breach of contract by the league.
The unemployment rate in Taiwan has dropped to 3.8 percent and will continue to decrease, said President Ma Ying-jeou yesterday.
Taiwan won one gold medal and three silvers Saturday at the just-concluded 26th International Olympiad in Informatics (IOI), which was held for the first time in Taiwan.
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.
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