More than 200 finance firms allow working from home
By Kao Shih-ching / Staff reporter
A total of 236 financial companies have adopted work-from-home programs, nearly double the 124 firms that had done so as of Monday, amid a surge in COVID-19 infections, Financial Supervisory Commission data showed yesterday.
The number of securities investment trust and consulting companies that allow telecommuting grew threefold from Monday, as most of their staff do not need to interact with customers in-person, the commission said.
The commission has talked with local insurers about the issue and would allow them to use software such as mobile apps to enable sales agents to talk with customers through videoconference, it said.
Vanguard to raise annual equipment outlay by 70%
‘CONSTANT INCREASES’: Vanguard International Semiconductor Corp chairman Fang Leuh said that its factory utilization rate is expected to be very high throughout this year
By Lisa Wang / Staff reporter
Vanguard International Semiconductor Corp (世界先進), a supplier of power management chips, yesterday raised its capital expenditure for this year by 70 percent to NT$8.5 billion (US$304.09 million), as it prepared early for next year’s capacity expansion because of longer equipment delivery times.
The Hsinchu-based chipmaker initially planned to spend NT$5 billion on new facilities and equipment this year, up 41 percent from last year’s capital expenditure of NT$3.45 billion.
Taiwanese chipmaker Vanguard to acquire Hsinchu factory for NT$905 million
04/29/2021 06:12 PM
CNA file photo
Taipei, April 29 (CNA) Contract chipmaker Vanguard International Semiconductor Corp. said Wednesday that it has agreed to purchase an 8-inch semiconductor fab in Hsinchu Science Park for NT$905 million (US$32.5 million).
In a statement, the company said the acquisition of the L3B factory site from industry peer AU Optronics will be completed on Jan. 1, 2022, and help it to meet rising client demand.
After the purchase, Vanguard will operate a total of five factories, including two others in Hsinchu Science Park, one in Taoyuan and one in Singapore that it acquired in 2019.
TSMC sales forecast to grow 25% year-on-year in Q1 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.
TSMC sales might rise 25%
Staff writer, with CNA
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) is expected to post a 25 percent year-on-year increase in sales in the first quarter of this year to US$12.91 billion, up from US$10.31 billion a year earlier, as its production is at full capacity, market advisory firm TrendForce Corp said in a note last week.
The increase would help TSMC cement its leadership in the industry by taking a 56 percent market share in the global pure wafer foundry business, TrendForce said.
Its forecast was in line with TSMC’s estimate in January, which pointed to a range of US$12.7 billion to US$13 billion for the first quarter.