UMC reports record net profit for Q2
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Novatek Microelectronics Corp’s (聯詠) second-quarter revenue fell short of its expectations, as last month’s revenue fell 25.68 percent month-on-month on dwindling demand, the designer of driver ICs used in flat panels said yesterday. Revenue fell to NT$8.16 billion (US$273.7 million) last month, compared with NT$10.98 billion in May, as display driver IC revenue plummeted 21.2 percent and system-on-a-chip (SoC) revenue dipped 35.27 percent, Novatek said. Second-quarter revenue declined 13.83 percent to NT$31.46 billion from NT$36.51 billion in the first quarter, it said. The company...
“Mad Money” host Jim Cramer rings the lightning round bell, which means he’s giving his answers to callers’ stock questions at rapid speed.
Taipei, June 15 (CNA) Shares in Taiwan moved lower Wednesday as late-session selling eroded earlier gains, with contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC), the most heavily weighted stock in the local market, in focus.
Taipei, May 17 (CNA) Shares in Taiwan staged a rally Tuesday, with the bellwether electronics sector continuing to steam ahead as investors ignored the losses by tech stocks in the United States overnight, dealers said.