Two of the top three largest chipmakers in the world, TSMC and Intel, gave pessimistic signals about the semiconductor industry's fundamentals.» Read More
TAIPEI, Oct 15- Taiwan stocks rose on Thursday, led by gains in Apple Inc's suppliers such as TSMC and Largan Precision ahead of their quarterly earnings reports. Taiwan Semiconductor Manufacturing Co, the world's top contract chip maker, and Largan Precision both jumped more than 2 percent. The Taiwan dollar firmed T $0.363 to T $32.379 per U.S. dollar.
Earnings season has started off with some weak corporate commentaries, despite the fact that most companies so far are beating on the bottom line.
AMSTERDAM, Oct 14- ASML, a major supplier to semiconductor makers, on Wednesday reported a rise in third-quarter earnings that fell short of forecasts and a bigger than expected fall in new orders. ASML's shares were down 6.7 percent at 72.69 euros by 0739 GMT. Analysts polled by Thomson Reuters had forecast net income of 324 million euros on revenues of 1.58...
TAIPEI, Oct 14- Taiwan stocks fell along with other regional bourses on Wednesday, driven by declines in heavyweights such as Taiwan Semiconductor Manufacturing Co. As of 1:12 GMT, the main TAIEX index was down 0.4 percent to 8,532.76 points, after closing at 8,567.92 points in the previous session. The Taiwan dollar firmed T $0.199 to T $32.540 per U.S. dollar.
Equity markets in China got a boost from comments out of the country's central bank that the country's market correction is "almost over."
BRIEF-TSMC SEPTEMBER SALES T $64.51 BLN, DOWN 13.8 PCT ON YEAR@. Taiwan Semiconductor Manufacturing Co Ltd. *Says September sales T $64.51 billion.
*U.S. exports -0.4 pct; to China -17.1 pct. *Exports to Europe -9.4 pct; to Japan -15.1 pct. TAIPEI, Oct 7- Trade-reliant Taiwan on Wednesday effectively wrote off any chances of a global export recovery this year after its September shipments tumbled more than expected, with weakening in all of its major markets, particularly China.
SINGAPORE, Sept 30- Global investors buying the major Asia stock indexes as proxies for the region's economic fortunes are getting less bang for their buck as major exporting firms face earnings pressure amid depressed demand. The indexes that global funds usually buy such as the MSCI Asia ex- Japan index, Japan's Nikkei 225 and the India's Sensex, are...
Asian shares traded mixed on Thursday, with Japan's Nikkei 225 index lagging on its first day of trade following a five-day long weekend.
TAIPEI, Sept 16- Taiwan stocks rose on Wednesday, led by chips and world's largest contract chipmaker Taiwan Semiconductor Manufacturing Co Ltd. TSMC, the most heavily-weighted company in Taiwan's stock market, led gains with a 1.98 percent rise. The Taiwan dollar firmed T $0.208 to T $32.578 per U.S. dollar.
A tumble in Apple shares following the company's highly anticipated product event, reverberated across tech shares in Asia on Thursday.
TAIPEI, Aug 27- Taiwan stocks rose along with other Asian bourses on Thursday as a rally on Wall Street calmed jittery investors, with technology exporters such as TSMC leading the way. Mediatek, Taiwan's biggest chip design house, said its subsidiary plans to acquire Ilitek at T $51 per share. The Taiwan dollar firmed T $0.314 to T $32.451 per U.S. dollar.
BRIEF-TSMC TO CEASE SOLAR MANUFACTURING OPERATIONS@. Aug 25- Taiwan Semiconductor Manufacturing Co Ltd. *Says to cease solar manufacturing operations as of end August.
TAIPEI, Aug 11- Taiwan stocks rose 1.3 percent on Tuesday as investor sentiment was bolstered by gains on Wall Street, with TSMC leading tech heavyweights higher after the world's top contract chip maker posted solid July sales results. Taiwan Semiconductor Manufacturing Co jumped 3 percent, lifting the electronics subindex by 2 percent.
TAIPEI, July 24- Taiwan stocks stabilised from recent losses on Friday, but the gains may be short-lived as investors stayed cautious about the economic and corporate earnings prospects of Taiwan and rest of the world. Taiwan Semiconductor Manufacturing Co and Largan Precision both added about 1 percent. The Taiwan dollar firmed T $0.222 to T $31.230 per U.S....
TAIPEI, July 23- Taiwan stocks fell on Thursday, weighed by Apple Inc's suppliers for a second day after the iPhone maker's fourth-quarter revenue forecast fell short of estimates and it missed some targets for iPhone sales. Declines were led by Apple suppliers, including contract chip maker Taiwan Semiconductor Manufacturing Co, which fell 1 percent, and...
TAIPEI, July 21- Taiwan stocks edged up on Tuesday as investors remained cautious, with some tech exporters trading flat after the island's export orders fell for a third straight month in June. Taiwan Semiconductor Manufacturing Co, the world's No.1 contract chip maker, added 0.7 percent. The Taiwan dollar firmed T $0.142 to T $31.200 per U.S. dollar.
TAIPEI, July 20- Taiwan stocks rose 0.3 percent on Monday, led higher by heavyweights such as TSMC as market sentiment was bolstered by gains in other regional bourses. Taiwan Semiconductor Manufacturing Co, the world's top contract chip maker, jumped 0.7 percent. The Taiwan dollar firmed T $0.195 to T $31.117 per U.S. dollar.
July 16- Intel Corp's move to delay the launch of its next generation chip technology to 2017 may see the company lose ground to rivals Taiwan Semiconductor Manufacturing Co and Samsung Electronics Co Ltd. Intel's shares opened 2.7 percent higher on Thursday it lowered its 2015 capex forecast for a second time, and at least five analysts raised their share...
TAIPEI, July 16- Taiwan Semiconductor Manufacturing Co Ltd, the world's No.1 contract chipmaker, said macroeconomic headwinds will dampen its prospects in the third quarter, even if its main client Apple Inc releases a new iPhone. This is largely due to weak demand in emerging markets, particularly China, for inexpensive smartphones. Pricey new iPhones and...