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ASE Technology Holding Co (ASE, 日月光投控) is planning to invest about NT$2.36 billion (US$85.19 million) in new production facilities to expand its advanced chip testing and packaging capacity in Kaohsiung, the company said yesterday.
“To facilitate our Kaohsiung plant’s production expansion, ASE decided to purchase several buildings from Hung Ching Development & Construction Co Ltd [宏璟建設],” ASE chief financial officer Joseph Tung (董宏思) told a virtual media briefing.
That includes a 12-floor building with a floor space of 19,056.13 ping (62,885m2) and a warehouse, both in Kaohsiung’s Nanzih District (楠梓), Tung said.
To satisfy customer demand, ASE this year plans to expand capital
Taiwan’s three major telecoms yesterday reported that revenue grew annually last month on increased demand for mobile and broadband services, as working from home, online shopping and distance learning became new norms amid a nationwide level 3 COVID-19 alert.
Chunghwa Telecom Co (中華電信) said that revenue inched up 1.4 percent to NT$16.34 billion (US$589.81 million) from NT$16.11 billion in May last year, bringing the company’s revenue for the first five months of this year to NT$82.78 billion, up 3.5 percent from NT$79.98 billion in the same period last year.
“As mobile users subscribed to more upscale plans, mobile service revenue continued to
Chip tester and packager Greatek Electronics Inc’s (超豐電子) shares tumbled more than 3 percent yesterday, as it said it expected output to drop by about 10 percent this month because it has shut some production lines to test all employees for COVID-19 after reporting eight confirmed cases.
A Philippine worker contracted COVID-19 on Tuesday last week, and eight other migrant workers the first worker’s roommates were confirmed to have the virus the next day, the firm said in a statement.
Greatek was one of five electronics companies in Miaoli County’s Jhunan Township (竹南) that reported COVID-19 infections among migrant
TSMC increases planned payout due to raised earnings
PLEDGE: The contract chipmaker said it would issue at least NT$2.5 a share each quarter and no less than NT$10 per share for the whole of this year
By Lisa Wang / Staff reporter
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), the world’s biggest contract chipmaker, yesterday raised its proposed cash dividend for last quarter to NT$2.75 per share from NT$2.5 a year earlier, given the company’s increased earnings.
That represents a payout ratio of about 51 percent based on its earnings per share of NT$5.39 in the first three months of this year.