PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Nanya Technology (2408 TT) reportedly notified customers of another DRAM contract price increase of up to 20%, according to industry sources
The pre-market roundup reports Nanya’s alleged DRAM price increase and summarizes Taiwanese company updates, market trading, and ESR-REIT’s recovery of rental arrears.
News detail
TAIWAN AUO (2409 TT) / Innolux (3481 TT) - Cos. are betting on glass-core substrates as a next-generation material for AI chips, with the technology offering greater resistance to warping and enabling larger, more powerful circuit boards. (Nikkei) Eclat Textile (1476 TT) - Co. expects Q4 revenue to exceed Q3, driven by higher shipments and steady average selling prices, and is confident of achieving record FY revenue and profit; Q3 revenue rose 9.7% Y/Y to TWD 10.57bln. (Taipei Times) Nanya Technology (2408 TT) - Co. has reportedly notified customers of another DRAM contract price increase of up to 20%, according to industry sources. (UDN) TSMC (2330 TT) - Co. and other Taiwanese technology companies are increasing AI-related investment in the US and Southeast Asia as they build out supply chains to meet surging global demand for computing infrastructure. (Nikkei) Tech – Nasdaq climbed to fresh record highs during Wall St trade with risk appetite underpinned as yields eased, although Asia-Pac fails to follow suit. SINGAPORE ESR-REIT (EREIT SP) - Co. has recovered around 75% of outstanding arrears from rental defaults at some Australian properties, leaving AUD 3mln outstanding after a partial drawdown of bankers’ guarantees. (Business Times)
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