tech-industry

Taiwan tech companies report large revenue gains as ICT demand continues to surge

Taiwan Excellence pavilion
Business and Economy 
Phillip Charlier 0 Comment , ,

Taiwan PC manufacturer ASUSTek (TWSE: 2357) announced a consolidated group revenue for March 2021 of NT$45.9 billion, a year-on-year increase of 74% due to continuing strong demand for laptop computers. The company reported today, April 9, that group revenue for the first quarter of 2021 was NT$116.2 billion, a year-on-year increase of 64%. ASUSTek said that the company has a positive outlook on PC market demand and an active growth strategy going forward. In the first quarter of 2021, the

Read more

Acer’s February revenue up 80.9% year-on-year

Taiwan Excellence pavilion
Business and Economy 
Phillip Charlier 0 Comment ,

Strong demand for computers has seen Taiwan ICT giant Acer (TWSE:2353) rack up NT$20.32 billion (US$718.06 million) in consolidated revenue for February, 2021, up 80.9% from the same time last year, the company announced today, March 9. Cumulative revenue for the first two months of the year was NT$43.813 billion, a year-on-year increase of 76.8%. Acer reported that its e-sports product revenue in February increased 91.3% year-on-year, while Chromebook revenue increased by 631.3%. Earnings from desktops were up 34.3% from

Read more

Taiwan stocks, company revenues reach record highs: investors hope for bullish Year of the Ox

President Tsai Ing-wen cuts a cake at the Taiwan Stock Exchange
Business and Economy 
Phillip Charlier 0 Comment , ,

The Taiwan Stock Exchange is closed for the Lunar New Year holidays after finishing the Year of the Rat at a record high of 15,802 points, and record company revenues are boosting investor confidence for a bullish Year of the Ox. The TWSE closed Friday, February 5, 3,683.69 points (30.4%) up from the close of trading the previous year – the Year of the Pig. As company revenue reports flood in, investors are seeing record sales, revenues, and profits, on

Read more