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ASE Technology projects 10% revenue growth in 2025
ASE Technology projects a 10% revenue increase in 2024, driven by investments in advanced packaging. COO Tien Wu highlights AI’s role in semiconductor growth.
2025/06/25 12:00
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Inventec reports 25% revenue growth, expands AI investment
Inventec Corp. held its 114th shareholders meeting, highlighting strong server business performance and AI investment plans. The company reported a 25.55% revenue increase and a 58.33% profit growth, emphasizing ESG integration and new ventures for competitiveness.
2025/05/28 14:00
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Coupang reports 67% revenue surge driven by Taiwan market
Coupang reports a 67% revenue boost in Q1, driven by Taiwan’s market and the WOW Membership. Founder Bom Kim highlights increased spending and product expansion.
2025/05/07 20:00
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Taiwan sees 2.2x growth in performance tax after pandemic
The Ministry of Finance reports a 2.2-fold increase in entertainment tax revenue from professional performances in 2024, driven by post-pandemic event growth.
2025/04/28 17:42
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Chip maker TSMC to maintain 3-5% salary increase trend
TSMC plans to implement routine salary adjustments in late April, with expected increases of 3% to 5%. The move follows a record profit year, highlighting TSMC’s commitment to rewarding employees.
2025/04/08 12:59
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Taisun plans 5% salary hike, cash dividends in 2024
Taisun Enterprise plans to innovate in consumer foods, diversify its grain business, and expand internationally, aiming for double-digit growth in 2024.
2025/03/17 21:00
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Hon Hai reports record NT$152.7B profit for 2024
Hon Hai reports record-breaking 2024 financial results with NT$152.705 billion net profit. Revenue grew 11% to NT$6.859615 trillion, driven by cloud networking.
2025/03/14 16:00
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Evergreen Marine posts strong 2024 financial results
Evergreen Marine Corp. reports strong 2024 financial results with a 67.53% revenue increase and a 294.64% net profit rise. The company plans a NT$32.5 per share dividend, aiming for long-term stability in the global shipping market.
2025/03/14 10:00
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Taiwan Railway announces first fare hike in 30 years
Taiwan Railway Corp. announces a 26.8% fare increase, the first in 30 years, affecting routes like Taipei to Xinzuoying. New fares aim to boost revenue.
2025/02/05 23:00
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Taiwan Railway eyes 26.8% fare hike to offset losses
Taiwan Railway Corp. plans a fare hike to address a NT$13.79 billion loss. The board will discuss a 26.8% increase to boost revenue by over NT$4 billion.
2025/02/05 11:49
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TSMC to reveal Q4 earnings amid strong revenue growth
TSMC will discuss its Q4 earnings and strategic plans on Jan. 16, following a 34% revenue increase in 2024. Key topics include AI demand, Arizona plant progress, and 2025 capital expenditures.
2025/01/16 10:44
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Evergreen Marine surprises with 20-month bonus payout
Evergreen Marine surprises employees with a 20-month year-end bonus amid fluctuating shipping market conditions. Learn about the company’s financial growth.
2024/12/31 10:56
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Taiwan to raise transit fees by 35% starting March 2025
The Civil Aeronautics Administration in Taiwan will increase transit route service fees by 35% to NT$13,500 per flight starting March 2025. This aims to boost revenue by NT$600 million. Flights landing or taking off from Taiwan are not affected.
2024/12/13 15:55
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ETMall to cut 200 jobs amid rising costs and losses
Eastern Group’s ETMall will cut 200 jobs by year-end to address rising costs and losses. Operational costs rose by NT$130 million, impacting revenue.
2024/12/03 09:08
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Hon Hai’s Q3 revenue hits NT$1.85T milestone
Hon Hai Precision Industry Co. reports a 41% quarterly revenue increase, reaching NT$1.85 trillion. CFO David Huang credits operational scale. Chairman Young Liu is optimistic about Q4 growth.
2024/11/14 16:59
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Starlux Airlines to list shares on Oct. 25 at NT$20 each
Starlux Airlines will list on Oct. 25, offering shares at NT$20. Public subscription runs Oct. 15-17. The airline saw a 65% revenue increase in early 2024.
2024/10/14 13:35
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Formosa Plastics Group raises employee salaries by 3%
Formosa Plastics Group is navigating economic challenges with a 3% salary increase for employees, despite a significant drop in revenue and profit in 2023. Learn about their strategic focus on AI transformation and innovation.
2024/07/17 15:20
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Taiwanese chain Bafang Yunji to open new subsidiary in Texas
Bafang Yunji is expanding its U.S. presence with a new Texas subsidiary and a $7.2 million investment, aiming to increase its store count and strengthen operations.
2024/07/10 10:43
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TSMC’s new Japan Plant ignites local economy and nightlife
The opening of TSMC’s new plant in Kikuyo, Japan, has revitalized the local economy and nightlife, with customers spending up to 1 million yen daily. The community’s transformation has garnered international attention, boosting sales in various industries and reshaping Kumamoto’s nightlife. TSMC’s significant investment in the project is expected to increase production capacity and potentially lead to the establishment of additional factories in the area.
2024/02/17 14:33
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Taipei Zoo admission fees to rise starting April
Taipei Mayor Chiang Wan-an announced that ticket prices for Taipei Zoo will increase from April 1. The current standard entrance price is NT$60, with discounted tickets at NT$30. However, starting April 1, non-Taipei residents will pay NT$100 per ticket, while student discounts will be raised to NT$50 regardless of residency. Children under 12 and elderly Taipei residents will still have free admission. Group tickets for organizations purchasing for more than 30 people will have a preferential price of NT$70 per person. The increased prices will contribute to improved animal welfare initiatives, and Taipei Zoo expects the price adjustment to increase the city’s revenue by about NT$41 million. The zoo recently underwent an evaluation by the Association of Zoos and Aquariums, with funds raised from the revised ticketing primarily going towards enhancing animal welfare and strengthening international relations and exchanges.
2024/02/07 12:06
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Supermicro stock soars after surpassing financial forecasts
Supermicro, the U.S.-based server and computer manufacturer, experienced a stock price surge of over 10% during after-hours trading on Jan. 29. This increase followed the release of the company’s financials for the October-December 2023 period, which exceeded market expectations. Supermicro upgraded its full-year revenue outlook for the 2024 fiscal year from US$10-11 billion to US$14.3-14.7 billion. The current quarter’s sales estimate is US$3.7-4.1 billion, with an adjusted earnings per share of US$5.20-US$6.01. Net sales for the company have more than doubled from US$1.8 billion in the same period last year to $3.66 billion, surpassing the market estimate of US$3.42 billion. Supermicro CEO Charles Liang attributed the company’s success to winning new partners and the increasing demand for its optimized AI computer platforms and comprehensive IT solutions.
2024/01/30 17:46
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LINE Pay soars 195% in market debut, hits NT$1030
LINE Pay, a mobile payment provider, had a successful over-the-counter market debut in Taipei, with shares soaring 195% from the listing price of NT$348 to a record high of NT$1030. The company’s financial documents reveal a capital of NT$600 million and earnings per share of NT$8.04 in 2022. LINE Pay’s revenue for 2022 reached NT$3.62 billion, demonstrating consistent growth over the past four years. With over 500,000 payment locations and more than 7 million active users out of 12 million customers in Taiwan, LINE Pay predicts that its revenue will increase to NT$4.78 billion in 2023. Notably, nearly half of the population in Taiwan are LINE Pay users. In terms of revenue share in 2023, transaction fee income accounted for 83%, financial promotion collaborations for 12%, and marketing product sales for 5%, according to LINE Pay’s statement.
2024/01/26 17:23
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TSMC leads market surge amid global downturn
Taiwan Semiconductor Manufacturing Co. (TSMC) leads Taiwan’s stock market with expectations of over 20% annual revenue increase. TSMC’s stock price stabilizes, opening at NT$580, raising market capitalization to NT$15.03 trillion. In contrast, major U.S. indices closed negatively on Wednesday. TSMC’s American Depositary Shares (ADR) decreased by 1.34%, closing at $100.17.
2024/01/04 15:04
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FamilyMart Taiwan sees fresh food sales jump 10% annually
FamilyMart, a leading convenience store chain in Taiwan, has experienced significant growth in its fresh food sales, with an annual increase of at least 10% over the past three years. In 2022 alone, revenue from fresh foods reached NT$25 billion, accounting for over 30% of the company’s total revenue. Huang Cheng-tien, FamilyMart’s Fresh Foods Operations Manager, considers fresh foods a crucial strategic asset and has launched branded products targeting various market segments and trending categories. The focused brands, such as ’uno pasta’ for Italian pasta and ’minimore’ for desserts, have yielded impressive results, with pasta sales growing by 20% annually and dessert sales in 2022 skyrocketing by over 40%. FamilyMart has also made significant efforts to cater to health-conscious consumers, implementing structural reforms since 2016 that encompass ingredients, equipment, packaging, and processes. These reforms have contributed to the success of products like the tuna onigiri, which saw a 19% sales growth in 2022. Additionally, FamilyMart has collaborated with renowned restaurants and chefs, including Din Tai Fung, resulting in the sale of over 20 million co-branded items. These collaborations aim to create differentiated products by incorporating key ingredients from partners, such as a spicy sauce by Din Tai Fung used in unique offerings like grilled rice balls and fried noodles. In the first half of this year, FamilyMart’s fresh food revenue grew by an impressive 20%. The company’s General Manager, Hsueh Tung-tu, strives to attract more customers by offering unique products, following the motto "What others don’t have, we have; what others have, we excel in."
2023/12/20 15:32
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Robust growth spurs Taiwan dining firms’ market entry
Three major food service companies in Taiwan, Jhu Jian Group, Family International Gourmet Co., Ltd., and Mercuries F&B Co., Ltd., are set to list on the emerging stock market next week. Jhu Jian Group will join the Pioneer Stock Board on Dec. 21 and plans to transition to the emerging stock market trading by Jan. 2, 2024. The group’s revenue has already surpassed that of the previous year, with projections indicating an expansion to 175 outlets by year’s end. Family International Gourmet Co., Ltd. will also list on Dec. 21, with a robust year-over-year revenue increase of 28.4% in the first eleven months. Mercuries F&B Co., Ltd. will enter the emerging stock market on Dec. 22, reporting an impressive revenue increase of 10.82% in the first eleven months. These listings reflect the strong recovery and growth in Taiwan’s food and beverage sector.
2023/12/15 17:47