Latest news with #TaiwanStockExchange
Business Insider
11-07-2025
- Business
- Business Insider
Why Goldman Sachs thinks Trump's tariffs may not be that bad for Asian markets
President Donald Trump's tariffs on Asian trading partners may ultimately pose less of a threat to regional markets than investors initially feared, according to analysts at Goldman Sachs. Although the tariffs are expected to have a lingering impact, they could actually support investor confidence. But investors need clarity on what's coming, analysts at Goldman Sachs wrote in a Thursday note. "The fundamental growth impact may not be as negative as markets feared in early 2Q and the actual tariff announcements may serve as a risk-positive 'clearing event', even if the rates imposed are somewhat above current baseline expectations," the analysts wrote. Goldman points to market uncertainty — not the tariffs themselves — as the major concern for investors. "Market performance has been impacted significantly by uncertainty regarding the level of tariffs that may be imposed and the frequent changes to the policy outlook," the analysts wrote. They added that a stable and predictable tariff regime could actually improve investor risk appetite. Trump has notified around two dozen countries that new levies on their goods will begin on August 1 unless new trade deals are reached. Goldman Sachs' analysts said the impact of the US's tariffs may not be as severe as feared, given the differences among regions and sectors. North Asian markets in Taiwan, South Korea, and Japan would face the highest revenue exposure to the US within Asian equity markets. By contrast, Southeast Asian markets and domestically oriented sectors — including utilities, banks, telecoms, and real estate — are far less exposed. "The impact of tariffs will therefore not be evenly distributed," the analysts added. Still, downside risks remain. Regional earnings could drop by 1% for every 5 percentage-point increase in tariffs, Goldman Sachs' analysis shows. "Earnings forecasts for a given market could be impacted through the direct exposure of revenues to the US, the tariff pass-through rate, and the sensitivity of listed companies to the domestic growth backdrop," they wrote. Lower US short-term interest rates and a weaker dollar could partially offset the damage. The Federal Reserve's easing cycle may drive investors toward higher-yielding assets in Asia. A weaker dollar could also help Asian firms that rely on dollar-denominated borrowing, indirectly supporting growth. Asia markets sold off sharply after Trump made his first tariff announcement on "Liberation Day" but mostly recovered. Japan's benchmark Nikkei 225 is up about 1% year to date, while Hong Kong's Hang Seng Index is up 25% thanks to an extra boost from a Chinese AI-driven surge.
Time of India
10-07-2025
- Business
- Time of India
TSMC reports $9.02 billion in June revenue, up 26.9% Y-o-Y
Taiwan Semiconductor Manufacturing Company (TSMC) reported consolidated revenue of Taiwan New Dollar (NTD) 263.71 billion (About USD 9.02 billion) for June 2025, reflecting a 26.9 per cent increase compared to June 2024, according to its monthly revenue disclosure. However, on a month-on-month basis, revenue declined by 17.7 per cent from NTD 320.52 billion (USD 10.96 billion) recorded in May 2025. For the first half of 2025, TSMC's cumulative revenue reached NTD 1.77 trillion (USD 60.8 billion), marking a 40 per cent growth compared to NTD 1.27 trillion in the same period last year. The data highlights TSMC's robust year-on-year performance amid some short-term monthly fluctuations. The company did not provide commentary on the cause of the month-over-month dip. TSMC is listed on both the Taiwan Stock Exchange (TWSE: 2330) and the New York Stock Exchange (NYSE: TSM). Live Events TSMC has solidified its dominance in the global pure-play wafer foundry market, growing its market share to 67.6 per cent in the first quarter of this year, according to a report by Taipei-based research firm TrendForce Corp, reported by Focus Taiwan in June. Although TSMC's revenue declined by 5 per cent quarter-on-quarter to USD 25.52 billion due to seasonal slowdowns, the company's market share still edged up from 67.1 per cent in the previous quarter. TrendForce attributed this performance to continued strong demand for artificial intelligence (AI) and high-performance computing (HPC) applications, as well as accelerated client orders seeking to mitigate risks from ongoing U.S. tariff policies. TSMC's closest competitor, South Korea's Samsung Electronics, saw its market share fall to 7.7 per cent, down from 8.1 per cent in the prior quarter. Samsung's foundry sales dropped by 11.3 per cent to USD 2.89 billion over the same period. China's Semiconductor Manufacturing International Corp. (SMIC) maintained its third-place ranking with a 6.0 per cent market share, ahead of Taiwan's United Microelectronics Corp. (UMC) at 4.7 per cent, and U.S.-based GlobalFoundries at 4.2 per cent.
The Star
12-06-2025
- Business
- The Star
JcbNext trims stake in Taiwan listed company
PETALING JAYA: JcbNext Bhd has disposed of 647,846 shares (or 1.95%) in Taiwan-based 104 Corp for RM20.05mil on the open market of the Taiwan Stock Exchange. The company, a provider of interactive online marketing platforms and technologies, said in a Bursa Malaysia filing that the disposal will decrease its shareholding in 104 Corp from 4.47 million shares to 3.82 million shares, representing 11.50% of the issued share capital of 104 Corp of 33.19 million shares. 'The disposals are in line with the company's strategy of diversifying its investment portfolio and reducing concentration risk. 'The company will be able to utilise the disposal consideration to invest in other opportunities such as other listed equity securities or other private investments that meet the company's investment objectives,' it said.
The Star
12-06-2025
- Business
- The Star
JcbNext reduces stake in Taiwan-listed firm
PETALING JAYA: JcbNext Bhd has disposed of 647,846 shares (or 1.95%) in Taiwan-based 104 Corp for RM20.05mil in the open market of the Taiwan Stock Exchange. The company, a provider of interactive online marketing platforms and technologies, said in a Bursa Malaysia filing that the disposal will decrease its shareholding in 104 Corp from 4.47 million shares to 3.82 million shares, representing 11.50% of the issued share capital of 104 Corp of 33.19 million shares. 'The disposals are in line with the company's strategy of diversifying its investment portfolio and reducing concentration risk. 'Furthermore, the company will be able to utilise the disposal consideration to invest in other opportunities such as other listed equity securities or other private investments, that meet the company's investment objectives, allowing for diversification of its investment portfolio.' 104 Corp is principally engaged in information technology, general advertising services, employment services and human resource consultancy.
Yahoo
10-04-2025
- Business
- Yahoo
ChipMOS REPORTS YoY REVENUE INCREASE OF 5.1% IN MARCH 2025 AND 2.1% IN 1Q25 REVENUE
HSINCHU, April 10, 2025 /PRNewswire/ -- ChipMOS TECHNOLOGIES INC. ("ChipMOS" or the "Company") (Taiwan Stock Exchange: 8150 and Nasdaq: IMOS), an industry leading provider of outsourced semiconductor assembly and test services ("OSAT"), today reported its unaudited consolidated revenue for the month of March 2025 and for the first quarter ended March 31, 2025. All U.S. dollar figures cited in this press release are based on the exchange rate of NT$33.19 to US$1.00 as of March 31, 2025. Revenue for the first quarter of 2025 was NT$5,532.3 million or US$166.7 million, representing an increase of 2.5% from the fourth quarter of 2024, and an increase of 2.1% from the first quarter of 2024. The Company noted its increased revenue reflects continued improvements in certain end markets and customer inventory levels, along with a positive but lesser impact from a limited uptick in its turns business. Separately, the Company continues to closely monitor the rapidly evolving tariff situation and plans to adjust accordingly to best support our customers based on their exposure to the U.S. market and if the tariffs result in a decrease of demand. Revenue for the month of March 2025 was NT$2,031.6 million or US$61.2 million, representing an increase of 15.7% from February 2025, and an increase of 5.1% from March 2024. Consolidated Monthly Revenues (Unaudited)March 2025 February 2025 March 2024 MoM Change YoY Change Revenues (NT$ million) 2,031.6 1,755.4 1,933.2 15.7 % 5.1 % Revenues (US$ million) 61.2 52.9 58.2 15.7 % 5.1 % Consolidated Quarterly Revenues (Unaudited)First Quarter 2025 Fourth Quarter 2024 First Quarter 2024 QoQ Change YoY Change Revenues (NT$ million) 5,532.3 5,399.6 5,418.7 2.5 % 2.1 % Revenues (US$ million) 166.7 162.7 163.3 2.5 % 2.1 % About ChipMOS TECHNOLOGIES INC.:ChipMOS TECHNOLOGIES INC. ("ChipMOS" or the "Company") (Taiwan Stock Exchange: 8150 and Nasdaq: IMOS) ( is an industry leading provider of outsourced semiconductor assembly and test services. With advanced facilities in Hsinchu Science Park, Hsinchu Industrial Park and Southern Taiwan Science Park in Taiwan, ChipMOS is known for its track record of excellence and history of innovation. The Company provides end-to-end assembly and test services to leading fabless semiconductor companies, integrated device manufacturers and independent semiconductor foundries serving virtually all end markets worldwide. Forward-Looking Statements:This press release may contain certain forward-looking statements. These forward-looking statements may be identified by words such as 'believes,' 'expects,' 'anticipates,' 'projects,' 'intends,' 'should,' 'seeks,' 'estimates,' 'future' or similar expressions or by discussion of, among other things, strategies, goals, plans or intentions. These statements may include financial projections and estimates and their underlying assumptions, statements regarding tariffs, government policies, global trade environments, pricing, plans, objectives and expectations with respect to future operations, products and services, and statements regarding future performance. Actual results may differ materially in the future from those reflected in forward-looking statements contained in this document, due to various factors. Further information regarding these risks, uncertainties and other factors are included in the Company's most recent Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission (the "SEC") and in the Company's other filings with the SEC. Contacts: In Taiwan Jesse Huang ChipMOS TECHNOLOGIES INC. +886-6-5052388 ext. 7715 IR@ In the U.S. David Pasquale Global IR Partners +1-914-337-8801 dpasquale@ View original content: SOURCE ChipMOS TECHNOLOGIES INC. Sign in to access your portfolio
