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TPE:2301

4 stories mentioning TPE:2301Updated just now

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Asia

Market Chatter: TSMC Gets Green Light for $20 Billion Arizona Project

Taiwan has approved a $20 billion capital injection by Taiwan Semiconductor Manufacturing or TSMC's (TPE:2330) into its Arizona unit, allowing the chipmaker to move ahead with plans to build a 12-inch wafer fab and an advanced packaging plant in the US, Focus Taiwan reported Thursday.The approval from the Ministry of Economic Affairs' Department of Investment Review is the sixth for TSMC's US expansion, bringing the total value of its approved US investments to $44 billion. The company will announce further details of the Arizona project, according to the report.The department also cleared overseas investments by Nanya Technology (TPE:2408), Quanta Computer (TPE:2382) and Lite-On Technology (TPE:2301), along with projects by Formosa Plastics (TPE:1301), Taiwan Union Technology (TWO:6274) and Fubon Life Insurance, the report said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

TPE:1301TPE:2301TPE:2330TPE:2382TWO:6274
Asia

Lite-On to Acquire Nanjing EPIC Power Technology for Up to 800 Million Yuan

Lite-On Technology (TPE:2301) plans to acquire up to 100% of Nanjing EPIC Power Technology for up to 800 million yuan, under a framework agreement approved by its board.The company said the deal is still preliminary and will require further definitive contracts and regulatory approvals, according to a Friday Taiwan Exchange filing.

TPE:2301
Asia

Taiwanese Regulator OKs Lite-On Tech's NT$8 Billion Bond Cancellation Request; Shares Rise 3%

Taiwan's Financial Supervisory Commission approved Lite-On Technology's (TPE:2301) request to cancel the issuance of its second domestic unsecured convertible corporate bonds worth up to NT$8 billion, according to a Monday Taiwan Exchange filing.Shares gained about 3% in Tuesday's afternoon trade.The company said the decision was made due to changing capital market conditions.The planned issuance was originally approved in December 2025, with an extension granted earlier this year.

TPE:2301
Asia

Market Chatter: Lite-On Technology Expects Strong Profitability in H2

Lite-On Technology (TPE:2301) expects a stronger second half of this year on AI-fueled demand and higher capital spending, Taipei Times reported Wednesday, citing the company's president.The Taiwanese electronics manufacturer targets an earnings per share higher than last year's NT$6.64, company president Anson Chiu reportedly said on the sidelines of a Taipei trade show.AI-related products, including server power and cooling solutions, are expected to make up about 30% of revenue this year, Chiu was quoted as saying.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

TPE:2301

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