MANUFACTURERS
<strong>Sercomm revenue rises</strong>
Telecom equipment maker Sercomm Corp (中磊) yesterday posted revenue of NT$3.78 billion (US$135.65 million) for last month, the second-highest monthly figure in the company’s history. Revenue rose 4 percent year-on-year from NT$3.64 billion and was up 6 percent from NT$3.58 billion in September. Sercomm attributed the growth to continuing broadband demand due to Taiwan’s COVID-19 situation. In the first 10 months of the year, its cumulative revenue expanded about 18 percent annually to NT$34.48 billion from NT$29.16 billion. Sercomm said it has good order visibility to support further revenue growth as demand from customers in North America, Europe,
Taipei, Oct. 1 (CNA) Shares in Taiwan moved sharply lower Friday as investors reacted to plunges on U.S. markets and rushed to cut their holdings in large cap stocks, dealers said.
Taiwan shares drop amid worry over power rationing in China focustaiwan.tw - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from focustaiwan.tw Daily Mail and Mail on Sunday newspapers.