PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: ASE Technology Holding (3711 TT) raised its annual capex budget
ORIGINAL · NewsquawkPRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: ASE Technology Holding (3711 TT) raised its annual capex budgetRead originalHide original
TAIWAN **, driven by strong demand for advanced chip packaging, particularly for AI applications. (Taipei Times) Delta Electronics (2308 TT) - Co. expects Q4 revenue to rise Q/Q from TWD 197.06bln, supported by robust demand for AI data centre power and thermal management products, with strong order momentum expected to continue into next year. (Taipei Times) Hon Hai Precision Industry (2317 TT) - Co. expects double-digit revenue growth in 2027, driven by robust demand for AI data centre-related products, while anticipating divergent growth trends across its other businesses. (Taipei Times) MediaTek (2454 TT) - Co. secured a second customer for its customised AI data centre accelerator chips, with volume production of a second-generation chip for an existing customer on track for early 2028, while expecting to capture approximately 20% of the global ASIC market for AI accelerators in 2027. (Taipei Times/Focus Taiwan) Tech Nasdaq 100 underperformed on Friday as tech stocks sold off on weak earnings, although futures nurse some of the losses at the start of the week amid lower oil prices and diplomacy hopes following Iran discussions with mediators in Doha on Saturday. SINGAPORE Bumitama Agri (BAL SP) - Co. committed to voluntarily engaging assessors from the Singapore government's panel at its own expense, as directed by the National Environment Agency (NEA), in connection with fires in Indonesia. (Newswires) Keppel (KEP SP) - Co. unit RigCo secured a SGD 51mln charter extension. (Newswires)
The report covers ASE’s raised capex budget, Taiwan company outlooks and market context, plus developments involving Bumitama Agri and Keppel in Singapore.
News detail
TAIWAN **, driven by strong demand for advanced chip packaging, particularly for AI applications. (Taipei Times) Delta Electronics (2308 TT) - Co. expects Q4 revenue to rise Q/Q from TWD 197.06bln, supported by robust demand for AI data centre power and thermal management products, with strong order momentum expected to continue into next year. (Taipei Times) Hon Hai Precision Industry (2317 TT) - Co. expects double-digit revenue growth in 2027, driven by robust demand for AI data centre-related products, while anticipating divergent growth trends across its other businesses. (Taipei Times) MediaTek (2454 TT) - Co. secured a second customer for its customised AI data centre accelerator chips, with volume production of a second-generation chip for an existing customer on track for early 2028, while expecting to capture approximately 20% of the global ASIC market for AI accelerators in 2027. (Taipei Times/Focus Taiwan) Tech Nasdaq 100 underperformed on Friday as tech stocks sold off on weak earnings, although futures nurse some of the losses at the start of the week amid lower oil prices and diplomacy hopes following Iran discussions with mediators in Doha on Saturday. SINGAPORE Bumitama Agri (BAL SP) - Co. committed to voluntarily engaging assessors from the Singapore government's panel at its own expense, as directed by the National Environment Agency (NEA), in connection with fires in Indonesia. (Newswires) Keppel (KEP SP) - Co. unit RigCo secured a SGD 51mln charter extension. (Newswires)
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