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Nan Ya to invest NT$8 billion to expand ABF substrate capacity
Nan Ya Printed Circuit Board has disclosed plans to invest a total of NT$8 billion (US$286.4 million) to expand production capacity for ABF substrates at its factory site in Shulin, northern Taiwan......»»
Taiwan sees sharp decrease in 1Q21 investment from China
The Ministry of Economic Affairs (MOEA) approved six projects to invest in Taiwan proposed by China-based investors in first-quarter 2021, decreasing 80% on year, with the total proposed investment of US$14.4 million slipping 59.43% on year......»»
Adata to acquire real estate for NT$2.62 billion
Memory module maker Adata Technology has announced plans to acquire real estate in Taipei, northern Taiwan for a total of NT$2.62 billion (US$93.4 million)......»»
Nanya posts profit hike in 1Q21
Taiwan-based DRAM maker Nanya Technology has reported net profit hiked 192.7% sequentially to NT$2.71 billion (US$95 million) in the first quarter of 2021. EPS for the quarter came to NT$0.88......»»
Pegatron obtains land for new plant in India
Pegatron has gained land use rights for a 423,195-square feet industrial site in Mahindra City, India, according to a company filing with the Taiwan Stock Exchange (TWSE). The total transaction value is INR1.03 billion (US$14.08 million)......»»
Passive component maker Ta-I to set up new plant in Vietnam
Taiwan-based chip resistor specialist Ta-I Technology will invest a total of US$12 million in the establishment of a production subsidiary in Vietnam, according to a resolution approved by the company's board of directors......»»
EMC to acquire fellow CCL company for US$28.7 million
Taiwan-based copper clad laminate (CCL) maker Elite Material (EMC) has announced plans to fully acquire fellow US firm EMD Specialty Materials for a total of US$28.73 million......»»
California"s prisoner unemployment fraud now estimated at $400 million, officials say
The new total is nearly three times the $14.....»»
PCB maker GCE swings to profit in 1Q20
Taiwan-based Gold Circuit Electronics (GCE), specialized in high-end PCBs for servers, notebooks and networking applications, swung to net profits of NT$399 million (US$13.3 million) in the first quarter of 2020 from losses a year earlier......»»
Gudeng to sell real estate at STSP to TSMC
IC front-end tool supplier Gudeng Precision Industrial has disclosed plans to sell its real estate located at the Southern Taiwan Science Park (STSP) to TSMC for a total of NT$660 million (US$22.1 million)......»»
Britain"s Sainsbury"s warns coronavirus profit impact could be £500 million
British supermarket group Sainsbury's estimated a profit impact of 500 million pounds ($623 million) from the coronavirus pandemic and said it would defer any dividend payment decisions until later in the financial year......»»
An estimated 198,000 Pennsylvanians filed for unemployment last week, total around 1.6 million claims statewide
An estimated 198,000 Pennsylvanians filed for claims of unemployment within the last week, a decrease of nearly 37,000 claims or 15% from the previous week's revised number of nearly 235,000 claims according to the latest report from the U.S. Depart.....»»
Britain"s Tesco warns coronavirus costs could top $1 billion
Britain's biggest retailer Tesco estimated a hit of up to 925 million pounds ($1.1 billion) from the costs of dealing with the coronavirus pandemic and warned it couldn't give profit guidance for the current financial year......»»
Niche-IC distributor ANStek posts profit growth in 2019
Taiwan-based Answer Technology (ANStek), which distributes mainly ICs for niche-market applications, has reported net profits grew 2.5% to NT$182 million (US$6.02 million) in 2019 despite a 0.1% on-year slip in revenues to NT$4.12 billion......»»
KYEC posts record profit for 2019 on 5G infrastructure demand
Taiwan-based King Yuan Electronics (KYEC), dedicated to IC testing services, has reported that its net profit for 2019 shot up 69.4% on year to a record high of NT$3.04 billion (US$100.81 million) with revenues rising 22.7% to NT$25.54 billion......»»
Willis Lease Finance Corporation Reports Annual Pre-tax Profit of $88.9 million
COCONUT CREEK, Fla., March 11, 2020 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ:WLFC) today reported annual total revenues of $409.2 million and pre-tax profit of $88.9 millio.....»»
The week in bankruptcies: Raynor Shine Services LLC, DS Wood Solutions LLC & more
Orlando area bankruptcy courts recorded five business filings - including three with total debts above $1 million - during the week that ended Feb. 7, 2020. Year to date through Feb. 7, 2020, the court recorded 14 Chapter 7 or Chapter 11 business b.....»»
AAK"s Interim Report for the Fourth Quarter and Year-end Report 2019 - Continued Profit Growth and New Strategic Direction
KARLSHAMN, Sweden, Jan. 30, 2020 /PRNewswire/ -- AAK Group, fourth quarter Total volumes for the quarter amounted to 582,000 MT (574,000), organic growth of 1 percent (4). Sales amounted to SEK 7,380 million (6,.....»»
TTA startups win significant business opportunities at CES 2020, says MOST
Taiwan's startup delegation to CES 2020 has won business opportunities of more than US$226 million during their stay in the US, according to the Ministry of Science and Technoilogy (MOST)......»»
Volkswagen posts record sales numbers in fight for top automaker crown
The alliance and Toyota will report their figures in coming weeks. Toyota in December estimated its 2019 total would be 10.72 million, which would leave it behind Volkswagen......»»