TPE:2344

Winbond Electronics Acquires NT$1.2B Machinery for Production Push; Shares Rise 4%

Winbond Electronics (TPE:2344) procured a batch of machinery equipment worth about NT$1.23 billion from Advantest Taiwan, according to a Friday Taiwan Exchange filing.Shares gained 4% in Monday's trade.The purchase was made for production purposes, according to the filing.

Winbond Electronics to Procure Machinery Equipment for NT$2.3 Billion; Shares Rally 10%

Winbond Electronics (TPE:2344) will procure machinery equipment worth about NT$2.3 billion from Applied Materials, according to a Thursday Taiwan Exchange filing.Shares jumped about 10% in Friday's late morning trade.The equipment will be used for for production purposes, it said.

Capital Securities Upgrades Winbond Electronics to Buy from Neutral; Price Target is NT$116