PRE-MARKET TAIWANESE AND SINGAPOREAN STOCK NEWS: Foxconn reports surging Apr revenue, Ardentec expects strong revenue growth in Q2
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TaiwanArdentec (3264 TT) - Co. expects revenue to grow by a mid-single-digit percentage this quarter, following stronger-than-seasonal growth last quarter, helped by rising demand for AI and smartphone chip testing services. (Taipei Times)Davicom Semiconductor (3094 TT) – Apr (TWD) Revenue 19.5mln (prev. 16mln Y/Y). (Dow Jones)Formosa Petrochemical (6505 TT) - Co. president Lin Keh-yen said the FPMC C Lord, operated by Formosa Plastics Marine Corp, is carrying crude oil from Saudi Arabia and would help ease tight raw material supplies. (Taipei Times)Foxconn (2317 TT) - April (TWD): Revenue 832bln, +29.7% Y/Y. Q2 is expected to show both Q/Q and Y/Y growth.GlobalWafers (6488 TT) - Co. said it would discuss raising wafer prices from H2 with customers, as geopolitical tensions boost raw material, energy and logistics costs. (Taipei Times)Taiwan Power Co. - Co. said it would strive to meet electricity demand amid speculation that TSMC could build Angstrom-era facilities at the Longtan campus of Hsinchu Science Park. (Taipei Times)Vanguard International Semiconductor (5347 TT) - Co. is adjusting its product portfolio for its new 12-inch fab in Singapore to meet customer demand for interposers used in advanced packaging technology for AI chips. (Taipei Times)SingaporeFraser and Neave (FNN SP) – H1 (SGD) net 113mln (prev. 84.1mln Y/Y), revenue 1.14bln (prev. 1.21bln Y/Y). (Newswires)Singapore Airlines (SIA SP) - Co. will introduce its next-generation first- and business-class seats on its Airbus A350-900 fleet in Q1 2027 instead of Q2 2026, due to industry-wide supply chain constraints and a delay in certification of one of the new seats. (Straits Times)
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