CONNECT WITH US
TI(com)
Sponsored
NEWS TAGGED EXCHANGE RATE
Monday 6 December 2010
Acer monitoring Euro exchange fluctuations
Due to the recent declining exchange rate of the Euro against the US dollar, Acer, which focus mainly in Europe, is monitoring the fluctuation closely as its recent sales in Europe...
Tuesday 23 November 2010
Component makers facing dilemma over inventory management
Taiwan-based notebook makers are currently facing a dilemma over their inventory preparations as their downstream partners have started to place short-term orders to avoid the risk...
Thursday 4 November 2010
IC distributor WT Micro sees 7-12% drop in 4Q10 revenues
IC distributor WT Microelectronics expects revenues for the fourth quarter of 2010 to be between NT$15 billion (US$492 million) and NT$16 billion, down 7-12% on quarter. Gross margin...
Wednesday 3 November 2010
Chip-resistor makers expect 10% decline in 4Q10 revenues
Taiwan-based chip-resistor makers in general saw October revenues fall 5-10% sequentially due to fewer working days in the month, and the fourth quarter could see a revenue decline...
Tuesday 2 November 2010
Japan DVD and CD outsourcing may not help Taiwan makers much, says sources
As Japan-based optical disc maker Taiyo Yuden was recently reported to have cut its CD and DVD production by 40% due to the rising Japan exchange rate, market watchers believe the...
Tuesday 2 November 2010
Touch-panel maker EDT posts profit for 3Q10
Thanks to growing capacitive touch panel production, Emerging Display Technologies (EDT) turned in a net profit of NT$20.9 million (US$686,202) or NT$0.11 a share. Third-quarter revenues...
Wednesday 20 October 2010
Panel makers take precautions against appreciating NT dollar
TFT-LCD panel makers are not worried about the recent appreciation of the NT dollar but they have to take precautions to avoid any further impact on their profits. They are also worried...
Wednesday 20 October 2010
Chip packagers expect currency volatility to erode 4Q10 revenues by 1-3%
Taiwan-based chip packaging and testing houses are predicting the US dollar to NT dollar exchange rate to reach 1:30.50 by the end of 2010, which could erode their fourth-quarter...
Wednesday 20 October 2010
TSMC and UMC say no plans to raise prices despite currency fluctuations
Taiwan Semiconductor Manufacturing Company (TSMC) and United Microelectronics Corporation (UMC) have both said they will not increase contract manufacturing prices despite the strengthening...
Tuesday 19 October 2010
Acer founder holds US responsible for potential exchange rate chaos
Acer founder Stan Shih, at a summit in Taiwan, commenting on Taiwan's increasing exchange rate, said that it is normal for exchange rates to fluctuate and since other countries are...
Tuesday 5 October 2010
Rising Taiwan exchange rate impacts notebook makers
As the New Taiwan dollar (NT$) exchange rate to the US dollars has risen 2.4% over the past month, sources from Taiwan-based notebook makers pointed out that the increase will directly...
Tuesday 5 October 2010
Limited impact from rise in NT dollar, say Delta and Lite-On Tech
Power supply maker Delta Electronics indicated that profits from currency exchange rates in the first half of 2010 came to NT$275 million (US$8.86 million), and since the company...
Thursday 30 September 2010
Taiwan expected to become the largest Blu-ray disc maker by the end of 2010
Although Taiwan currently only has two makers, Ritek and CMC Magnetics, manufacturing Blu-ray discs, as the Japanese Yen exchange rate appreciates, Japan-based makers are starting...
Friday 25 June 2010
Weakening US dollar spurs speculative trading in DRAM spot market, says inSpectrum
Speculative trading took place in the DRAM spot market this week (June 21-25) as some China-based traders/brokers realized that the weakening US dollar against the Chinese yuan allowed...
Friday 21 May 2010
China-based solar companies incur over US$100 million in exchange rate losses in 1Q10
China-based solar companies lost more than US$100 million from euro depreciation in the first quarter, according to Chinese media reports.