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Taiwan shares are closed today (31). There are nine major pre-market news, including the financial industry’s pre-tax surplus of 646.3 billion yuan on November 1, which continues to reach a record high; Goodix Touch IC will increase the price by 30% Thailand is evaluating whether the increase will continue and Hon Hai is optimistic about the boom in demand for cloud products and has spent 860 million yuan to establish a new company to expand production. The following are important financial news to watch out for.
The three financial industries earned a record 646.3 billion yuan before taxes on November 1.
The FSC announced yesterday (30) that the pre-tax surplus of banking, securities and insurance (three financial industries) for the first of November of this year (2020) reached 646,303 million yuan, which was not only a growth of nearly 4% compared to 621.541 billion yuan in the same period last year, It exceeded 634.1 billion yuan for the whole of last year and continued to hit a record high. However, interest rate cuts in the banking sector have affected interest rates, causing profitability to fall. The record momentum is primarily driven by the securities and insurance sectors. Read the full text …
Great Touch IC lack of Goodix price rises by 30%
Goodix, a Chinese integrated circuit design company, issued a price increase notice. The touch IC GT9 series will be increased by 30% from January next year. Because the two major driver chip manufacturers Duntai (3545-TW) and Goodix almost dominate the Chinese touch IC market. The legal entity is optimistic about the high probability that Duntai will follow up on the price increase. To this, Duntai replied yesterday (30) that the market supply is really scarce and the cost is increasing, and is evaluating whether to increase the price. Read the full text …
Hon Hai cloud product demand is increasing by 860 million yuan to establish a new company to expand production
Hon Hai (2317-TW) announced yesterday (30) that through its subsidiary Shenzhen Fugui Precision, it invested 200 million RMB (approximately 860 million Taiwanese dollars) to establish Haining Unified Electronics. This is reported to be primarily in response to servers and Netcom. When the demand for cloud products is booming, the existing production capacity is fully loaded, so the expansion plan is launched. Read the full text …
Dali Guangming Year 1/7 Kaifa Talk focuses on new customers and the progress of the introduction of high-end lenses
Largan, 3008-TW will hold a legal meeting on January 7, 2021. In addition to earnings figures for the fourth quarter of 2020, it will also release its operating outlook for next year. The market is concerned about Largan High-end optical lenses are designed by customers and the progress of the introduction of new customers. Read the full text …
Taiwan’s December Manufacturing PMI is the fastest expansion in the past 4 years
The China Economic Research Institute announced yesterday (30) that the Purchasing Managers Index (PMI) of Taiwan’s manufacturing industry expanded for 6 consecutive months in December, and the index continued to increase by 0.1 percentage point to 61.3%, the fastest expansion since March 2017. Among them, the new orders index rose to 69.4%, not only an increase of 4.6 percentage points from the previous month, but also the performance of fastest expansion ever. Read the full text …
The Ministry of Economy has announced that the terms of “large electricity users” will be calculated using the total bill method.
The Ministry of the Economy is expected to announce today (31) the “Administrative measures for electricity users above a certain contractual capacity to install power generation equipment with renewable energy”, commonly known as clauses for large electricity users. The built-in capacity of the contract is around 10% of green electricity The Ministry of Economy will reportedly release the version that will calculate the obligation based on the total bill. Read the full text …
Three important amendments to the law announced by the Ministry of Economy
The Investment Review Committee of the Ministry of Economy issued yesterday (30) the amendments to articles 3, 4 and 6 of the “Measures for Investment Permits for People in the Continental Area” and related interpretation orders, which will strengthen the review of investment permit measures to avoid investment in land. Cross-border multi-level investment methods bypass censorship, or investment in land in Taiwan may be subject to the decision-making instructions of the mainland party, the government, and the military. Read the full text …
Launch of TSMC’s new plant coach in Arizona, with Rick Cassidy serving as CEO and General Manager
Foundry leader TSMC (2330-TW) is responsible for leading the Arizona plant manager yesterday (30). The company announced that from now on, the current Senior Deputy General Manager of the Office of Corporate Strategy, Rick Cassidy, will serve concurrently as CEO of TSMC Arizona. General Manager. Read the full text …
TSMC’s 525 yuan rewrites the closing high and the market value rises to 13.61 trillion yuan.
Foundry leader TSMC (2330-TW) swept the consolidation trend yesterday (30). The stock price opened lower and rose. It recovered to 525 yuan. In addition to leveling out the all-time high, it also rewrote a new closing high, with a market value of 13 Trillion from 613.4 billion yuan, write new. Read the full text …
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