Pay attention to the key news of Taiwan stocks before the market. The Russian-Ukrainian war has affected the demand for the panel industry. This season, the price of TV panels is hopeless and may turn to a downward trend. The epidemic in Tangshan, China, has heated up and the city has entered a state of emergency, causing the steel plant and logistics industry to stop production and stop work. The following are the important financial news that you must watch today (21).
Russia and Ukraine hit demand for small and medium-sized panels, expecting a rebound in panel prices this season
The decline in the price of TV panels has continued to converge in recent months. Among them, the 32-inch has almost stopped falling and stabilized last month. However, due to the interference of the situation in Russia and Ukraine, which affected the terminal demand, it broke the original expectation that it might be flat to a small increase. Turning to a continuous decline, the rebound in TV panel prices this season is sure to be hopeless.Read the full article…
China’s Tangshan epidemic heats up, “full state of emergency”, steel plants, logistics shutdown
The government of Tangshan city in China’s Hebei province announced on Saturday (19th) that the city “is in a state of emergency”, and villages and enterprises are strictly managed in accordance with the policy. According to Chinese media Sina News, citing industry insiders, steel trading plants and logistics in Tangshan have been temporarily suspended, and the state of emergency is expected to last for 1-2 weeks.Read the full article…
The chain effect of the Russian-Ukrainian war
The ongoing Russian-Ukrainian war has not only severely impacted the supply of steel in Europe, but the surge in steel prices has also spread from Europe to the United States and Asia. In addition, the international raw material prices have also soared due to the war. According to analysts in the steel industry, under the chain effect , this year’s steel price rise will be no less than last year.Read the full article…
Lamex will obtain the sales rights of Cialis in Taiwan to contribute more than 400 million yuan in annual revenue
Special scientific name pharmaceutical company Times (1795-TW) will sign a contract with Eli Lilly and Company (US Eli Lilly and Company) to win the product rights of the aphrodisiac drug Cialis in Taiwan; the drug has annual sales of 15.7 million US dollars in Taiwan (approx.New Taiwan Dollar 440 million yuan), and the gross profit margin is higher than the company’s average, which is expected to contribute to the overall revenue and profit of Lamex.Read the full article…
Optimistic regarding the operating prospects, TSMC’s 7 vice presidents increased their own shareholding in February
Wafer foundry leader TSMC (2330-TW)(TSM-US) Since late February, affected by the geopolitical situation affected by the Russian-Ukrainian war, foreign capital has been withdrawn in large quantities, but with advanced process technology continuing to dominate one side, sitting on a large order from Apple, the operating growth trend is clear, and internal senior executives are optimistic. In terms of market operations, the 7 deputy chief executives all overweighted their own stocks in February, adding a total of more than 28 shares. Read the full article…
The five foundries strengthen the global layout, and the capital expenditure this year will be 55 billion yuan
Faced with the disruption of the supply chain due to the epidemic and changes in the global political and economic situation, the five foundries in Taiwan have actively strengthened their global presence in recent years, while expanding into high-end market opportunities such as automotive, 5G, AIoT, and servers. According to the operating plans of the five foundries, this year A total of regarding 55 billion yuan will be invested in capital expenditure, of which Pegatron (4938-TW), Inventec (2356-TW) capital expenditures will increase by nearly 30% this year.Read the full article…
