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TPE:2301

8 stories mentioning TPE:2301Updated 18d ago

Every FINWIRES story that references TPE:2301, newest first.

Asia

Lite-On Technology Board OKs Sale of ams-OSRAM Shares

Electronics manufacturer Lite-On Technology's (TPE:2301) board approved the disposal of its holdings in ams-OSRAM common shares.The board authorized the chairman to sell the shares at a price of at least 18.10 Swiss francs per share, although the actual disposal price will depend on market conditions at the time of sale.Lite-On said the group currently holds 692,780 ams-OSRAM common shares.The company said any profit or loss from the transaction will be disclosed after the shares are sold.

TPE:2301
Asia

Lite-On Technology Plans $11 Million Investment in DenseLight Photonics (Cayman)

Lite-On Technology's (TPE:2301) board approved a $10.8 million strategic investment in DenseLight Photonics (Cayman).The company will acquire 7.74 million common shares at about $1.40 per share from Brilliant Universe Group, according to a Friday Taiwan Exchange filing.Following the transaction, Lite-On will hold 18.76 million shares, representing a 21.22% stake in DenseLight Photonics (Cayman), with a cumulative investment of $34.3 million.The acquisition will be funded with internal resources, it said.

TPE:2301
Asia

Lite-On Technology Approves SG$36 Million Capital Injection into Singapore Unit

Lite-On Technology's (TPE:2301) board approved a capital injection by its subsidiary, Lite-On Singapore, into stepdown subsidiary, Daizu Property, according to a Friday filing with the Taiwan Exchange.The capital injection covers 36 million shares at SG$1 apiece for a total of SG$36 million.Funds will be used for facility renovation, infrastructure development and working capital needs.Shares of the electronic components maker surged over 10% in Friday trading.

TPE:2301
Asia

Lite-On Technology Unit Agrees to Acquire Manufacturing Facility

Lite-On Technology's (TPE:2301) subsidiary, Lite-On, agreed to acquire a manufacturing facility and related land in Texas, US, for around $108.6 million, according to a Monday filing with the Taiwan Exchange.The purchase covers two buildings measuring around 652,103 square feet as part of the company's capacity-expansion plan.

TPE:2301
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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