智邦 Breaks Ground on New Building, Partners with Hsinchu County Government to Boost AI Innovation and Industry Cluster
Published ・ Source Taiwan | 鉅亨網
智邦(2345-TW) held a groundbreaking ceremony for a new building in Industry Zone 2 of the Hsinchu County AI Smart Park, hosted by Chairman Huang Kuo-hsiu. The move marks the park’s development entering a stage of hardware and software integration, with the aim of improving commercial and residential amenities.
Facts
Networking equipment maker 智邦(2345-TW) held a groundbreaking ceremony today, the 1st, for a new building in Industry Zone 2 of the Hsinchu County AI Smart Park.
智邦 Chairman Huang Kuo-hsiu led the team and distinguished guests in a blessing ceremony and groundbreaking.
The Hsinchu County government estimates that the AI Smart Park will attract about 4,000 professional jobs once fully operational.
Once fully operational, the Hsinchu County AI Smart Park is projected to generate annual output value of more than NT$100 billion.
The site for 智邦’s new building in Industry Zone 2 covers 2 hectares.
The new building is planned to include a range of amenities, such as dining, financial institutions, offices, educational services and exhibition areas.
智邦 is helping the Hsinchu County government plan a vision center and related supporting measures.
Taiwan stocks fluctuated higher today, led by heavyweight electronics shares. The TAIEX rose 413.36 points to close at 48,353.49, regaining the 48,000-point level. Passive component stocks performed strongly amid brisk shipments, with 國巨 and 華新科 limit-up; total market turnover reached NT$837.4 billion.
Facts
The TAIEX rose 413.36 points to close at a record 48,353.49.
台積電 rose NT$30, or 1.2%, today to close at a record NT$2,510.
Green Energy Market Shake-Up: Only 2 Offshore Wind Farms Apply for Phase 3-3; Deputy Minister Lai Chien-hsin Reveals the Reasons
Published ・ Source Taiwan | 鉅亨網
Only 2 applications were submitted by the deadline for the R3.3 offshore wind project selection, reflecting a cautious market response. Vice Economics Minister Lai Chien-hsin acknowledged that inflation and financing conditions had made developers cautious. The government will conduct a rigorous review, aiming to complete the selection by the end of 2026 and ensure grid connections in 2030-2031.
Facts
The application period for the third phase of offshore wind zone development (R3.3) officially closed on the 30th.
Only 2 development teams submitted applications in person for a total of 2 wind farm projects in the R3.3 selection.
Vice Economics Minister Lai Chien-hsin said the goal is to complete the selection and capacity allocation by the end of 2026.
The R3.3 selection aims to secure critical capacity allocations for projects to be completed and connected to the grid between 2030 and 2031.
Rising construction costs caused by global inflation and changes in financing conditions are among the factors affecting willingness to bid.
Anthropic validation! China's most powerful model, Zhipu GLM-5.3: Its open-source cybersecurity capabilities are only 4 months behind advanced US models
Published ・ Source Taiwan | 鉅亨網
Anthropic released a security assessment of China's Zhipu GLM-5.3 model on Sept. 29, confirming that it has vulnerability exploitation capabilities approaching those of advanced US models and highlighting risks in the model's safeguards.
Facts
Anthropic's frontier red team released a cybersecurity assessment of Zhipu GLM-5.3, saying the model can autonomously build end-to-end exploits and that its overall capabilities lag behind advanced US models by about 4 months.
In ExploitBench tests of known Chrome V8 vulnerabilities, GLM-5.3 completed 50 end-to-end exploits in 410 attempts, approaching the 56 achieved by Anthropic's own Claude Mythos Preview.
Using GLM-5.3, the red team found multiple unknown vulnerabilities in the JavaScript engine of a major browser and linked them into an attack chain capable of reading local files and SSH private keys.
The model's safeguards are weak: it rejects direct malicious instructions, but accepts 64% of requests disguised as red-team exercises. Removing its refusal mechanism by modifying the open weights can raise the acceptance rate to 100%.
About 100 security companies had integrated GLM-5.3 within a month of its release. Regulators are expected to strengthen pre-release red-team testing, vulnerability disclosure and commercial-use reviews.
AI demand surges! South Korea's semiconductor exports soar 262.8% in September, topping $60 billion for the first time
Published ・ Source Taiwan | 鉅亨網
South Korea's Ministry of Trade, Industry and Energy reported that semiconductor exports topped $60 billion for the first time in September, rising more than 260% year over year and driving overall exports and the trade surplus to record highs, reflecting strong AI demand.
Facts
South Korea's semiconductor exports reached $60.3 billion in September, up 262.8% year over year and surpassing $60 billion for the first time.
South Korea's overall exports rose 83.5% year over year to $120.94 billion in September.
South Korea's monthly trade surplus reached $49.85 billion in September, a record high.
Cumulative exports for the first three quarters of this year reached $814.5 billion, surpassing $800 billion for the first time.
Tax revenue is projected to reach a record 478.6 trillion won this year, up 28% year over year.
Goldman Sachs reportedly launches succession plan, with President John Waldron set to become CEO
Published ・ Source Taiwan | 鉅亨網
Goldman Sachs is considering having President John Waldron succeed CEO David Solomon, with the handover expected in 2027-2028. The personnel change involves a transfer of power at the top and continuity in the AI transformation strategy, with important implications for market stability.
Facts
Goldman Sachs' board is considering having President and COO John Waldron succeed CEO David Solomon.
The handover could take place at the end of 2027 or sometime in 2028.
Goldman Sachs awarded Waldron up to $80 million in restricted stock as a retention bonus.
Waldron is leading an AI-driven transformation program called “OneGS 3.0.”
Goldman Sachs' share price has risen more than threefold since 2018.
Double blow from oil above $100 and rate hikes! Bonds, cruise lines and precious metals are Q3's biggest losers, while Bitcoin and tech stocks emerge as winners
Published ・ Source Taiwan | 鉅亨網
The Iran war drove oil above $100 and rate hikes, sending bonds, cruise lines and precious metals sharply lower in Q3. Tech stocks, energy stocks and Bitcoin rose against the trend, while the S&P 500's gain for the year to date was nearly 12%.
Facts
Vanguard's ETF tracking the broad US bond market is down 5% this year.
Norwegian Cruise Line (NCLH-US) fell 31% in the third quarter.
Major tech stocks such as Meta and Microsoft surged in the third quarter, rising 29% and 38%, respectively.
Phillips 66 (PSX-US) surged 51% in the third quarter.
Bitcoin surged more than 40% in the quarter.
Gold futures fell more than 6% in September.
The S&P 500 rose 2% in the third quarter.
The “fear gauge” tracking market expectations for bond volatility surged about 47% in September.
Companies mentioned：Vanguard、iShares、Norwegian Cruise Line、Royal Caribbean、Carnival Corporation、American Airlines、Meta、Microsoft、Phillips 66、Chevron、ConocoPhillips、ExxonMobil、Cboe Global Markets、聯準會(Fed)
凱基證券 undertakes comprehensive transformation, helping young investors start building wealth with their choices
Published ・ Source Taiwan | 鉅亨網
凱基證券 announced a comprehensive transformation under the brand理念 “Choose 凱基證券, start building wealth,” covering digital platform improvements, talent development, AI applications and social responsibility initiatives, with the aim of helping young investors build their future.
Facts
凱基證券 introduced the brand理念 “Choose 凱基證券, start building wealth” and released a new brand advertisement.
凱基證券 revamped its “隨身e策略” app, highlighting a new interface and user experience.
凱基證券 General Manager Lin Chih-hung said “starting to build” encompasses the long-term strengthening of customer trust and professional expertise.
凱基證券 is promoting a Business Analyst (BA) training course and a development program for professional wealth advisory teams.
凱基證券's beach cleanup results have ranked first in the financial industry for five consecutive years.
凱基證券 sponsors broadcasts of several major sporting events and programs on sports news channels.
Value Investing: Latest Industry Research Report — 國巨 (2327-TW): Strong demand for high-end capacitors continues, with price increases and order transfers taking turns driving growth
AI is consuming so much memory that Samsung and Micron warn: DRAM supply will be tighter next year
Published ・ Source Taiwan | 鉅亨網
Samsung and Micron warned that AI-driven demand for HBM is tightening memory supplies, as a growing share of capacity allocated to HBM crowds out conventional DRAM. Taiwan's 南亞科 and 華邦電 expect shortages to persist and supply-demand conditions to tighten further, and are actively expanding capacity and seeking long-term contracts to stabilize shipments.
Facts
Samsung estimates that HBM will account for nearly 30% of DRAM makers' total wafer capacity next year, up from about 20% currently.
Micron customers' financial commitments under long-term supply agreements increased from $22 billion to $32 billion.
Samsung began mass-producing HBM4 in February this year and continues to expand capacity.
南亞科 plans for the first phase of its new plant to reach monthly capacity of 30,000 wafers in 2028.
Construction on Module B of 華邦電's Kaohsiung plant expansion is expected to begin next January, with mass production slated for the end of 2029.
Micron CEO Sanjay Mehrotra said orders far exceed capacity.
Micron has secured most of its HBM capacity for 2027 through agreements.
Major brand customer N is currently undergoing a reorganization, with plans including adopting green materials and consolidating procurement, which could create opportunities to lower costs。
Brand customer A has a local design center in China and is growing rapidly in the Chinese market by using its local team to design and develop products。
Brands continue to shorten product development lead times, which may now need to be reduced to one year。
U.S. Treasury Yields Surge；Veteran Bond Investor Turns Bullish for First Time in 6 Years: ‘This Is Value Investing’
Published ・ Source Taiwan | 鉅亨網
Bianco Research President Jim Bianco turned bullish on U.S. Treasuries for the first time in 6 years, as Treasury yields hit a 20-year high, saying they offer a value investment opportunity。
Facts
Bianco Research President Jim Bianco has turned bullish on U.S. Treasuries for the first time in 6 years。
The 10-year Treasury yield climbed to 5.29% on Wednesday (30th), its highest level since 2007。
Treasury yields rose a cumulative 0.87 percentage points over the past three months, the biggest quarterly increase since the first quarter of 1994。
Bianco increased the interest-rate exposure of his actively managed index, extending its duration to more than 6 years。
Investors buying 10-year Treasuries at current levels would need yields to rise to about 6% over the next year to offset the price decline。
Fed policymakers implemented the first rate hike since 2023 this month and signaled further increases。
Traders expect nearly 4 quarter-point rate hikes over the next 12 months, taking the policy rate from just below 4% to about 5%。
Big Earner! U.S. Commerce Secretary Lutnick Reports More Than $250 Million in Income Last Year
Published ・ Source Taiwan | 鉅亨網
U.S. Commerce Secretary Lutnick reported income of more than $250 million in 2025, primarily from a $192 million distribution from his former employer, Cantor Fitzgerald. He also disposed of several hundred million dollars in assets, purchased Treasury bond funds, and retained about 40 outside positions.
Facts
Lutnick earned at least $250 million in 2025.
Lutnick received a $192 million distribution from Cantor Fitzgerald.
Lutnick sold at least $259 million in assets.
Lutnick bought more than $50 million in S&P 500 index ETFs.
Lutnick received $4.2 million in salary and bonuses from Newmark.
Lutnick received $14.1 million in salary and bonuses from BGC Group.
Lutnick received more than $5 million through BGC restricted stock units.
Lutnick listed about 40 outside positions he continues to hold.
Companies mentioned：Cantor Fitzgerald、Newmark、BGC Group、CF Group Management、富達
皇將 (4744): Changes to Changsung Softgel System's corporate director and supervisor roster (correction) - Global Biotech Monthly
Published ・ Source Taiwan | 環球生技月刊
皇將 (4744) announced changes to the corporate director and supervisor of its subsidiary, Changsung Softgel System Ltd, and corrected an incorrectly entered biography for the new appointee in an earlier announcement.
Facts
4744
115/10/01
July 23, 115
Companies mentioned：皇將、Changsung Softgel System Ltd
【Association Update】醫師公會全聯會 convenes the 3rd meeting of its 14th Health Communication Committee; medical professionals join forces to incorporate health literacy into clinical coding
Published ・ Source Taiwan | 中華民國醫師公會全國聯合會
醫師公會全聯會 convened the 3rd meeting of its 14th Health Communication Committee, where medical professionals joined forces to incorporate health literacy into clinical coding.
Itchy all over after eating autumn crabs? Can perilla help in a pinch? A Chinese medicine practitioner explains the real key to allergy relief - Heho健康
Published ・ Source Taiwan | Heho健康
During peak autumn crab season, people prone to allergies or hives may feel unwell after eating them; a Chinese medicine practitioner explains the key to allergy relief.