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TPE:2356

8 stories mentioning TPE:2356Updated 10d ago

Every FINWIRES story that references TPE:2356, newest first.

Research

Macquarie Upgrades Inventec to Neutral from Underperform; Price Target is NT$63

Inventec (TPE:2356) has an average rating of overweight and mean price target of NT$64.33, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

TPE:2356
Asia

Inventec's Mexican Unit to Build Factory on Own Land

Inventec's (TPE:2356) subsidiary, IEC Technologies, will engage contractors to build a factory on its own land in Mexico, with a total budget of up to $40 million, according to a Thursday filing with the Taiwan Exchange.The construction is aimed at improving the efficiency of materials logistics management and to expand future production demands.

TPE:2356
Asia

Inventec to Inject $110 Million into US Unit

Inventec (TPE:2356) board approved a $110 million capital injection into its unit, Inventec Holding (North America).The North American unit will, in turn, inject the same amount into its wholly owned subsidiary, Inventec (USA), according to a Tuesday Taiwan Exchange filing.The investment will be funded through Inventec's own funds or bank loans to support long-term equity investments, the company said.

TPE:2356
Asia

Inventec to Invest 6.1 Billion Baht in Unit; Shares Slump 8%

Inventec (TPE:2356) board approved a cash capital increase of 6.1 billion baht in its subsidiary, Inventec Electronics (Thailand), according to a Tuesday filing with the Taiwan Exchange.The electronics manufacturer is carrying out the injection for long-term equity investment and will fund the transaction through own funds or bank loans.Shares of the company were down nearly 8% in Tuesday trading.

TPE:2356
Asia

Inventec's US Arm to Acquire Texas Factory; Shares Down 8%

Inventec's (TPE:2356) US-based subsidiary, Inventec (USA), will acquire an additional factory building and expansion of power engineering projects in Texas, according to a Tuesday filing with the Taiwan Exchange.The electronics manufacturer's unit will acquire a factory building which comprises land of around 1.5 million square feet and buildings of around 236,986 square feet worth $58 million.The power engineering projects carry a value of $48.6 million.The acquisitions will support the company's long-term business expansion and enhanced plant power needs.Shares of the company were down nearly 8% in Tuesday trading.

TPE:2356
Asia

Inventec Board Approves Construction of Factory; Shares Slide 8%

Inventec's (TPE:2356) board approved the construction of a factory on its own land in Taoyuan City, Taiwan, according to a Tuesday filing with the Taiwan bourse.The total building amount will be NT$8.8 billion, with the project intended to meet production space needed for continued capacity expansion and future order demand.Shares of the electronics manufacturer were down nearly 8% in Tuesday trading.

TPE:2356
Asia

Inventec to Buy Equipment Worth NT$1.2 Billion

Inventec (TPE:2356) board approved the purchase of NT$1.2 billion worth of plant facilities and research and development equipment for its Taoyuan Daxi factory, according to a Tuesday Taiwan Exchange filing.The equipment will be acquired from several unrelated suppliers, including Excel Air Cond, Kentec, Shenzhen Envicool Technology, and En Diamond Technology.The technology manufacturer will use the equipment to support its business development, the filing said.

TPE:2356
Asia

Inventecto Build NT$1.83 Billion Factory in Taiwan

Inventec (TPE:2356) board approved a plan to build a new factory on company-owned land in Taoyuan, Taiwan, with a total investment of NT$1.83 billion.The project is intended to support the company's business development needs, according to a Tuesday Taiwan Exchange filing.The contractor has yet to be selected, and Inventec will announce the appointment separately once confirmed, it said.

TPE:2356

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