TPE:6239

Powertech Technology Unit Buys Equipment for NT$1.7 Billion; Shares Rally 10%

Powertech Technology (TPE:6239) unit Terapower Technology will acquire testing equipment and spare parts worth NT$1.73 billion from Advantest Taiwan, according to a Friday Taiwan Exchange filing.Shares jumped nearly 10% in Monday's afternoon trade.The purchase took place between April 10 and May 22, and covered a batch of machinery equipment for production operations, it said.

Powertech Technology Buys Machinery System for NT$629 Million; Shares Gain 4%

Powertech Technology (TPE:6239) purchased a fan-out automated material handling system for NT$628.5 million, according to a Tuesday Taiwan Exchange filing.Shares slid about 4% in Wednesday's late morning trade.The acquisition was made between Aug. 19, 2025, and May 19, 2026, from MIRLE Automation.The deal will support the company's production operations, it said.

Fubon Securities Upgrades Powertech Technology to Buy from Neutral; Price Target is NT$260