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Q1 results, cautious prospects send Largan shares lower


Q1 results, cautious prospects send Largan shares lower
04/09/2021 02:49 PM
CNA file photo
Taipei, April 9 (CNA) Shares in Largan Precision Co., a supplier of smartphone camera lenses to Apple Inc., fell Friday, following disappointing results for the first quarter of the year as well as cautious guidance for the next few months due to a lack of production materials, dealers said.
The fact local and foreign institutional investors have recently stood on the sell side for the stock also stirred up downward pressure throughout the session, they added.
Shares in Largan lost 2.58 percent to close at NT$3,020.00 (US$106) on the Taiwan Stock Exchange (TWSE), where the Taiex, the benchmark weighted index, was ended down 0.43 percent at 16,854.10 points. ....

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Nueva etapa para Bankinter sin el comodín de Línea Directa | Mercados

Nueva etapa para Bankinter sin el comodín de Línea Directa | Mercados
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The Rundown: APT-FET Deal, Microsoft-Hon Hai Partnership, and FSC Fines Securities Firms


The Rundown: APT-FET Deal, Microsoft-Hon Hai Partnership, and FSC Fines Securities Firms
NCC Approves APT-FET Deal
Taiwan’s National Communications Commission (NCC) on March 3 approved local telecom operator Far EasTone’s (FET) application to share its 5G bandwidth on the 3.5GHz frequency band with Asia-Pacific Telecom (APT). As a condition of its approval, the NCC requested the establishment of an oversight task force for internet security and the installation of 2,000 4G and 5G base stations to increase coverage. The deal is now pending the approval of the Fair Trade Commission (FTC).
APT signed a 20-year 5G sharing deal with FET last September – the first such deal in Taiwan – after its own failed bid for the much-desired 3.5GHz frequency band. APT will pay NT$9.47 billion in network deployment costs in exchange for rights to use the bandwidth.   ....

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