Pay attention to the important news before Taiwan’s stock market. This year’s Double 11 Shopping Festival, China’s e-commerce giants unexpectedly kept a low profile. The product’s color TV sales volume and price index plummeted. In addition, the panel industry is about to enter the traditional off-season, and the operation is facing a lot of pressure; Taiyuan, Shanxi, China The epidemic in some areas has become hot, and silent management has been implemented. However, the factory in Hon Hai maintains normal production. The following are the important financial news you shouldn’t miss today (21).
11 TV sales price double drop, panel makers are still under pressure
China’s 11.11 Shopping Festival is the largest shopping event in the world. However, Chinese e-commerce giants rarely announce their sales results this year, raising concerns about a slowdown in sales growth this year. Among them, color TV sales of key products on Double 11 this year are “suddenly reduced in volume and price.” The price of 65-inch TVs on China’s e-commerce platforms has dropped belowRMB 2,000 yuan, panel makers are facing limited short-term price rebound, coupled with the upcoming traditional off-season, operations are still under significant pressure.Read more…
Some areas in Taiyuan, Shanxi quietly handle the normal production of Hon Hai factory
Taiyuan City, Shanxi, China has strengthened epidemic prevention and control. Since the early morning of the 19th, some areas have implemented temporary silent management, and the end time has not yet been determined. Hon Hai (2317-TW) of Taiyuan Foxconn is within the area, but Hon Hai said that the production and the order of life of employees in the park are normal.Read more…
Chinese customers are expected to adjust manufacturing process of applied materials to avoid US ban and UMC may be affected
Foreign media reported that US semiconductor equipment maker Applied Materials (AMAT US(2303-TW)(UMC-USA) operating under pressure.Read more…
Accton’s 800G switch + optical communication solution is expected to join the field of Silicon Photonics
Zhibang switch manufacturer (2345-TW) launched related transceiver module solutions in an effort to accelerate the development of 800G switch market. Looking at Accton’s past development path, Accton’s transceiver module solutions are expected to move towards silicon photonic technology in future and will drive the growth of the silicon photonics market.Read more…
Interim Analysis of Renxin’s New Drug for Dry Macular Degeneration in Phase III Clinical Trials Next Year
Renxin Pharmaceutical (6696-TW) Belite has developed a new drug for dry macular degeneration, LBS-008. After discussions with the US FDA, its Phase III clinical trial is a multinational, multicenter, randomized, double-blind, placebo-controlled study. fourth, at least 300 patients were admitted for interim analysis.Read more…
Buffett follow-up can’t afford TSMC and there are 7 top tier ‘concentration’ ETFs
Stock god Buffett grabs TSMC (2330-TW), prompting TSMC to surge nearly 12% last week and will challenge the 500 yuan mark. Seven Taiwan stock ETFs hold more than 1/3 of TSMC’s shares.Read more…
Multinational steelmakers expand output cuts to help industry cycle-correct shorten long-term supply and demand health
Although steel demand continues to be weak, but as the supply chain inventory adjustment period is coming to an end, the market is optimistic about the first quarter of next year, and steel mills in various countries will expand production cuts. to help the steel market shorten the short-term correction cycle, it will also help the overall industry supply and demand in the long term. Expect to be healthier.Read more…
