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Southbound tops China investment - Taipei Times

Bringing Taiwan to the World and the World to Taiwan

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Hon Hai's Shenzhen operations return to normal activity

Hon Hai Precision Industry Co (鴻海精密) yesterday said that its operations in Shenzhen, China, have returned to normal, as lockdown restrictions implemented after a spike in COVID-19 cases have eased.
Hon Hai shut down its operations on Monday last week after Shenzhen health authorities ordered a lockdown a day earlier, which lasted until Sunday, to fight the worst COVID-19 outbreak the city has seen in two years.
Effective yesterday, all enterprises and institutions were allowed to resume operations, as the city has achieved its goal to contain the disease, local authorities said.
In a post to the Taiwan Stock Exchange, Hon Hai

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Taiflex EM Revenues Up 6.5% YoY for Jan-Nov

Taiflex EM Revenues Up 6.5% YoY for Jan-Nov
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PCB makers look for new sources of water

PCB makers look for new sources of water
MANY FACTORS:
Raw material price hikes are likely to dent PCB makers’ Q2 earnings, but not so much if Asian currencies fall against the US dollar, Yuanta analysts said
By Chen Cheng-hui / Staff reporter
Local printed circuit board (PCB) makers are planning alternative water sources — such as using recycled water, preparing water storage facilities or hiring water trucks to transport water from remote areas — in anticipation of more stringent water rationing as the nation’s most severe water shortage in 56 years worsens.
PCB production in Taiwan is somewhat clustered in the Taoyuan region, where the water shortage alert was on Friday raised from “yellow” to “orange,” resulting in reduced water supplies for households and industrial users.

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