〈Stock Focus〉晟銘電 rises as L11 share grows and Q4 outlook improves
Published ・ Source Taiwan | 鉅亨網
Server chassis maker 晟銘電 (3013-TW) turned higher today (6), gaining more than 4% at its peak, as revenue from L11 system integration increased, ODM projects focused on rack business, and 輝達’s VR200 ramped up shipments this quarter.
Facts
晟銘電’s L11 system integration business rose to 18% of revenue in the first 8 months of this year.
Original8至9成的ODM專案聚焦機櫃業務，預期占比將持續提高。
晟銘電’s server share fell to 73%, diluted by the increase in L11 revenue.
The revenue contribution from the fourth quarter through next year is expected to continue rising for L11.
輝達's VR200 will begin volume shipments this quarter.
The factory in Dongguan, China, is setting up an automated paint line, which is expected to be completed by year-end.
Phase 1 of the Thailand factory is already in production, while the new automated paint line in Phase 2 is undergoing trial production. It can join cabinet production in the first half of next year.
晟銘電 shares turned higher today (6), rising to a high of NT$96.8, up more than 4%.
China Can No Longer Rely on Exports for Economic Growth; IMF: Getting People to Spend Is Key
Published ・ Source Taiwan | 鉅亨網
The IMF's report, “Toward a New Model of Economic Growth in China,” says China's economic transformation should center on household consumption, the services sector and productivity gains, alongside reforms to social security, pensions, household registration and the allocation of corporate resources.
Facts
The IMF says the model that once drove China's economic growth through investment, manufacturing and exports is increasingly showing its limitations.
Chinese households save significantly more than those in comparable countries, and high savings have also driven the economy to rely excessively on investment.
Without reform, China's public pension costs will rise from about 5% of GDP in 2024 to around 15% by the middle of this century.
If the retirement age for both men and women is raised to 65 in 2040, real GDP could increase by 3% in 2050, while pension spending as a share of GDP could fall by 1.8 percentage points.
The share of revenue accounted for by Chinese companies less than 10 years old fell from about 70% in 2003 to 2004 to around 30% in 2017 to 2018.
The potential savings from optimizing the structure of public investment are equivalent to about 6% of GDP.
Comprehensive tax reform could raise tax revenue as a share of GDP by 5 to 6 percentage points over the medium term.
Doubling pension benefits for residents would add only fiscal spending equivalent to 0.6% of GDP by 2050, while increasing consumption among rural households by about 4%.
Bab el-Mandeb Strait Becomes New Battlefield! Expert: Mecca Alliance Turns Red Sea Crisis Into a Collective Security War in the Middle East
Published ・ Source Taiwan | 鉅亨網
Yemen's government forces say they have retaken Mokha in Taiz Governorate and are advancing toward Dhubab and the Bab el-Mandeb Strait, but the Houthis deny losing the area. A multinational coalition led by Saudi Arabia launched Operation Yemen Dawn, deploying about 100 warplanes to strike 324 targets. Saudi Arabia, Pakistan and Turkey have “internationalized” the crisis under the Mecca Joint Defense Agreement. The Houthis retaliated with missiles and drones, targeting facilities including Riyadh's King Khalid International Airport and Aramco's Rabigh refinery. The United States has provided only intelligence and defensive support and has not agreed to direct airstrikes. Experts say that if passage remains unstable, oil shipping insurance costs and the Middle East risk premium will remain high.
Facts
Deploying about 100 warplanes
Striking 324 high-value targets
The Houthis retaliated with three waves of ballistic missiles, cruise missiles and drones on Monday night.
Voyage time increases by 7 to 10 days
An additional several hundred thousand dollars per vessel
儒億 Surges More Than 7% in OTC Debut, Optimistic on Southeast Asian Auto Market
Published ・ Source Taiwan | 鉅亨網
Automotive lighting solutions provider 儒億 (6604-TW) began trading on the OTC market on the 6th, surging 7.5% in early trading. Chairman Wu Kuo-chen is optimistic about growth in Southeast Asia's auto market and plans to expand market share by leveraging the capital market.
Facts
儒億 began OTC trading on the 6th, surging 7.5% in early trading.
儒億 is chaired by Wu Kuo-chen.
儒億 holds IATF 16949 and ISO 26262 international certifications.
儒億 is collaborating on technology with major automotive lighting maker 斯坦雷.
儒億's main customers are in Taiwan, Japan and Malaysia.
儒億 has the capability to manufacture AFS adaptive front-lighting systems and ADB adaptive driving beam headlights.
Indonesia has only 99 cars per 1,000 people.
儒億's consolidated revenue for the first 8 months totaled NT$1.446 billion, up 14.79% year over year.
〈Stocks in Focus〉SpaceX Shares Soar; 萊德光電-KY Hits Limit-Up, Climbing to NT$600
Published ・ Source Taiwan | 鉅亨網
After SpaceX successfully launched a Starship orbital mission, its shares surged nearly 8% on Monday to a record high, lifting Taiwanese fiber-optic passive component maker 萊德光電-KY to its limit-up price of NT$651 today (6), its highest level in more than 3 months.
Facts
SpaceX (SPCX-US) climbed nearly 8% on Monday (5), buoyed by the successful launch of a Starship orbital mission, closing at US$171.09, its highest level since mid-June 2026.
萊德光電-KY's cumulative revenue for the first 8 months of this year was about NT$821 million, up 32.68% year over year.
萊德光電-KY's revenue in August rose 86.19% year over year, the second-highest monthly figure on record.
Targeting opportunities in the low-Earth-orbit satellite sector, 萊德光電-KY is continuing to expand into satellite laser communications applications.
萊德光電-KY's long-term development is extending into applications including space AI data centers, space power stations and space manufacturing.
Satellite laser communications passive components are 萊德光電-KY's main revenue source, while fiber laser passive components are its fastest-growing product line.
萊德光電-KY's products include fiber-optic communications passive components, fiber laser passive components and smart lighting.
藥華藥's PV and ET Growth Engines Continue to Deliver; September Revenue Rises 1 Times Year Over Year to a New Monthly High
Published ・ Source Taiwan | 鉅亨網
藥華藥 (6446-TW), supported by continued strength in its PV and ET growth engines, reported September revenue of NT$2.635 billion, up 1 times year over year and setting a new monthly high. Third-quarter revenue was NT$7.759 billion, up 99.26% year over year. Revenue for the first 3 quarters totaled NT$19.737 billion, up 83.54% year over year. Ropeg has received approval for the ET indication in Taiwan, Japan and the United States, while reviews are underway in China and South Korea. The company also plans to begin applications in Australia for marketing approvals for both PV and ET indications.
Facts
September revenue of NT$2.635 billion
Up 0.69% month over month
Up 1 times year over year
Third-quarter revenue of NT$7.759 billion
Up 13.19% quarter over quarter
Up 99.26% year over year
Revenue for the first 3 quarters of this year totaled NT$19.737 billion
Up 83.54% year over year
Ropeg has been recommended by NCCN for 4 consecutive years.
Another Pre-Election Push to Cut Prices! Trump Orders Easing of Red Diesel Restrictions; Expert Criticizes Move: No Supply Increase, Could Squeeze Fuel for Agriculture
Published ・ Source Taiwan | 鉅亨網
U.S. President Trump signed an executive order on Monday (5) at a campaign rally in Grand Island, Nebraska, easing restrictions on the use of red diesel. Experts say the move will not increase supply and could squeeze fuel available for agriculture.
Facts
Trump signed an executive order on Monday (5) while attending a campaign rally in Grand Island, Nebraska, easing restrictions on the use of tax-exempt dyed diesel.
Red diesel has the same chemical composition as regular road diesel, with dye added only to distinguish it. It was originally intended mainly for off-road uses such as agriculture and construction and is exempt from the 24-cent-per-gallon federal excise tax.
As of Sunday (4), the national average retail price of diesel was US$6.32 per gallon, more than 50% above the US$3.76 price before the U.S.-Iran war broke out on February 28.
U.S. diesel inventories are at a seasonal low, and refineries are already operating at full capacity.
Chris Kennedy, an economist at 彭博經濟研究, said refineries and fuel sellers may absorb almost all of the additional benefits resulting from the policy.
Patrick De Haan, head of petroleum analysis at GasBuddy, said Trump's latest move will do little for most drivers, as most U.S. states still prohibit the use of red diesel on public roads.
Agriculture Secretary Rollins said the government is taking action to provide short-term relief to farmers and may announce aid measures for them later.
Tariffs on Chinese cars are difficult to impose—and difficult not to impose; UK auto industry fears losing its biggest market
Published ・ Source Taiwan | 鉅亨網
The UK auto industry faces a dilemma over whether to impose tariffs on Chinese cars: the government fears that tariffs could trigger Chinese retaliation and push up car prices, while the EU warns that failing to impose them would lead to restrictions on UK cars entering their largest export market under “Made in Europe” rules.
Facts
EU imposes tariffs of up to 45% on Chinese cars
In the first eight months of 2026, 傑酷, 歐萌達 and 比亞迪 more than doubled their share of the UK new-car market, reaching 12%
The EU accounted for 58% of UK car exports in the first half of this year, while China accounted for about 4%
UK new-car registrations grew 12% in September, the strongest year-on-year performance for the month since 2017
SMMT says “Made in Europe” rules pose an existential threat to UK car production
奇瑞 is in talks about partnering to use 日產’s Sunderland plant to produce cars
傑酷7 and 比亞迪海獅7 rank among the UK’s best-selling car models
日產 Europe chairman Messina described the risk of China entering the UK market in large numbers as a “Trojan horse”
Companies mentioned：奇瑞、日產、比亞迪、歐萌達、傑酷、Autotrader、SMMT、RSM UK
[宏碁遊戲-創] Announcement on behalf of subsidiary Winking Studios Limited regarding the execution of its share buyback
Published ・ Source Taiwan | 臺灣證券交易所
宏碁遊戲-創 (code 6908) announced on Oct. 5, 2026, the treasury-share transaction activity of its subsidiary Winking Studios Limited, in which it holds 57.19%; the subsidiary purchased 30,000 shares on the market that day at SGD 0.2000 per share, for a total consideration of SGD 6,027.40, bringing its cumulative treasury shares to 2,169,600.
[聯電] Announces pricing of its 7th offshore unsecured convertible bonds
Published ・ Source Taiwan | 臺灣證券交易所
聯華電子（聯電，2303）completed pricing of its 7th offshore unsecured convertible bonds on Oct. 5, 115, with a total amount of US$1.8 billion. The bonds comprise 5-year Series A and 18-month Series B notes and are expected to be issued on Oct. 13, 115.
Facts
聯華電子股份有限公司 announced the completion of pricing for its 7th offshore unsecured convertible bonds, with a total offering amount of US$1.8 billion, comprising US$900 million of Series A notes and US$900 million of Series B notes.
Series A notes carry a coupon rate of 0%, mature 5 years after issuance, and are due on Oct. 13, 120.
Series B notes carry a coupon rate of 0%, mature 18 months after issuance, and are due on Apr. 13, 117.
The conversion price for Series A notes is NT$202.06, set at 132.5% of the common shares’ closing price of NT$152.5 on the pricing date.
The conversion price for Series B notes is NT$179.19, set at 117.5% of the common shares’ closing price of NT$152.5 on the pricing date.
The annualized yield to maturity is -0.25% for Series A notes and -1.35% for Series B notes, calculated semiannually; the fixed exchange rate is US$1 to NT$31.753.
Holders of Series A notes may exercise the put option on the dates 1 year and 3 years after issuance (Oct. 13, 116, and Oct. 13, 118).
[福懋油] (Supplement to the explanation of the material information reported on Aug. 24, 115) The company received an indictment from prosecutors at the Taiwan Taichung District Prosecutors Office on Aug. 24 and received a motion to consolidate proceedings from the Taiwan Keelung District Prosecutors Office today
[佳世達] 佳世達’s unaudited consolidated revenue for September 115
Published ・ Source Taiwan | 臺灣證券交易所
佳世達科技股份有限公司（2352）announced on Oct. 5, 115, that its unaudited consolidated revenue for September 115 was NT$19.757 billion, up 8.34% year on year and 5.01% month on month; cumulative consolidated revenue for January to September was NT$161.035 billion, up 3.40% year on year.
Facts
佳世達’s unaudited consolidated revenue for September 115 was NT$19.757 billion
佳世達’s unaudited consolidated revenue for September 115 grew 8.34% year on year
佳世達’s unaudited consolidated revenue for September 115 grew 5.01% month on month
佳世達’s cumulative consolidated revenue for January to September 115 was NT$161.035 billion
佳世達’s cumulative consolidated revenue for January to September 115 grew 3.40% year on year
[長虹] Announces sale of real estate to related parties
Published ・ Source Taiwan | 臺灣證券交易所
The summary of this item is not shown
Facts
The properties are 3 office units in the 長虹雲創科技商務大樓 on Section 2, Wenhua 3rd Road, Linkou District, New Taipei City, and 3 parking spaces in the building’s basement
OriginalA君1戶（建物面積52.44坪外加1車位）交易總金額新台幣30,580仟元
OriginalB君1戶（建物面積52.44坪外加1車位）交易總金額新台幣29,890仟元
OriginalC君1戶（建物面積29.70坪外加1車位）交易總金額新台幣19,050仟元
A君, B君 and C君 are all natural persons and relatives within the second degree of kinship of the company’s directors
The transaction was decided through negotiation between the parties; the price was negotiated based on the project’s price list and market conditions, and the decision-making authority rested with the chairman
【日月光投控】On behalf of its subsidiary 矽品精密工業(股)公司, announces the acquisition of plant engineering work
Published ・ Source Taiwan | 臺灣證券交易所
日月光投控（3711）announced on behalf of its subsidiary 矽品精密工業 that it had obtained a plant engineering project on Oct. 6, 115, for a total of NT$2.322 billion, with a contract period of about 2 years, for production and operational use.
Facts
日月光投控 (company code 3711) announced on behalf of its subsidiary 矽品精密工業（股）公司 that it had obtained a plant engineering project on Oct. 6, 115.
The total contract amount is NT$2,322,107,450.
The contract period runs from Oct. 2, 115, to Sept. 30, 117.
The counterparty to the contract is 中源機電顧問股份有限公司, with no relationship to the company.
The specific purpose of the acquisition is for production and operational use.
This transaction is not a related-party transaction.
The date of occurrence was from Oct. 2, 115, to Oct. 5, 115.
【日月光投控】On behalf of its subsidiary 矽品精密工業(股)公司, announces the acquisition of plant engineering work
Published ・ Source Taiwan | 臺灣證券交易所
日月光投控（3711）announced on behalf of its subsidiary 矽品精密工業 that it had obtained a plant engineering project and signed an engineering contract with 柏揚系統科技股份有限公司 for NT$516 million, for production and operational use.
Facts
The total contract amount is NT$516,038,000.
The counterparty to the contract is 柏揚系統科技股份有限公司, with no relationship to the company.
The contract period runs from June 15, 115, to Sept. 30, 117.
The date of occurrence falls between June 15, 115, and Oct. 5, 115.
The purpose of this plant engineering acquisition is for production and operational use.
[奧義賽博-KY創] Announces independent director’s resignation from functional committees
Published ・ Source Taiwan | 臺灣證券交易所
奧義賽博-KY創 (7823) independent director 左瑞麟 resigned from the Remuneration Committee and Audit Committee on Oct. 5, 115, due to the requirements of his current position. The company will conduct an independent director election in accordance with the law.
Facts
The original term was from Dec. 24, 113, to Dec. 23, 116.
The company will conduct an independent director election in accordance with the law and will announce it separately at that time.
奧義賽博-KY創 announced that independent director 左瑞麟 resigned on Oct. 5, 115, due to the requirements of his current position; his original term was due to run until Dec. 23, 116. The company will conduct an election in accordance with the law.
Facts
Independent director Zuo Ruilin resigned from his position as an independent director of 奧義賽博-KY創 on Oct. 5, year 115 of the Republic of China.
Zuo Ruilin's original term ran from Dec. 24, year 113, to Dec. 23, year 116.
The change was a resignation.
The change rate for directors during the same term was 1/7, and the change rate for independent directors during the same term was 1/4.
This change did not result in changes to one-third or more of the directors.
After the change, at least 2 independent directors will have household registration in the Republic of China.
The company will handle the re-election of independent directors in accordance with the law and announce the details separately at the appropriate time.
【日月光投控】On behalf of its subsidiary 矽品精密工業(股)公司, announces the acquisition of plant engineering work
Published ・ Source Taiwan | 臺灣證券交易所
日月光投控, on behalf of its subsidiary Siliconware Precision Industries, announced that it had secured a plant engineering project with a total contract value of NT$615 million. The contractor is 康呈科技工程, and the contract runs for about 2 years and 3 months. The project will support the group's semiconductor packaging and testing production and operations.
Facts
日月光投控 (company code 3711), on behalf of its subsidiary Siliconware Precision Industries Co., Ltd., announced that it had secured a plant engineering project.
The total contract value is NTD 615,325,000.
The contract runs from June 29, year 115 of the Republic of China, to Sept. 30, year 117.
The counterparty to the contract is 康呈科技工程股份有限公司, which has no relationship with 日月光投控.
The purpose of the acquisition is to support production and operations.
This transaction was not a related-party transaction.
【日月光投控】, on behalf of its subsidiary Siliconware Precision Industries Co., Ltd., announced that it had secured a plant engineering project.
Published ・ Source Taiwan | 臺灣證券交易所
日月光投控, on behalf of its subsidiary Siliconware Precision Industries, announced that it had secured a plant engineering project from 聯純科技股份有限公司 for a total contract value of NT$966,857,500. The transaction is with an unrelated party, and approval was granted by the general manager, reflecting the group's continued investment in plant infrastructure.
Facts
The total contract value is NT$966,857,500.
The counterparty to the contract is 聯純科技股份有限公司, which has no relationship with the company.
The contract runs from Aug. 7, year 115 of the Republic of China, to Sept. 30, year 117.
This transaction is not a related-party transaction.
The approval level was the general manager.
The specific purpose of the acquisition is for production and operational use.
The period in which the event occurred was from Aug. 7, year 115 of the Republic of China, to Oct. 5, year 115.
【日月光投控】On behalf of its subsidiary 矽品精密工業(股)公司, announces the acquisition of plant engineering work
Published ・ Source Taiwan | 臺灣證券交易所
日月光投控, on behalf of its subsidiary Siliconware Precision Industries, announced that it had secured a plant engineering project worth NT$4.02 billion. The counterparty is 聖暉工程科技, and the contract runs from October, year 115 of the Republic of China, through the end of September, year 117.
Facts
The total contract value is NT$4,020,750,000.
The counterparty to the contract is 聖暉工程科技股份有限公司, which has no relationship with the company.
The contract runs from Oct. 1, year 115 of the Republic of China, to Sept. 30, year 117.
The specific purpose of the acquisition is to support production and operations.
Approval level: approved by the general manager
The date of occurrence of the event was from Oct. 1, year 115 of the Republic of China, to Oct. 5, year 115.
Stress-induced diarrhea is not necessarily a sign of poor digestive health; it may be irritable bowel syndrome accompanied by emotional problems. A doctor explains 3 treatment principles - Heho Health
Published ・ Source Taiwan | Heho健康
A 34-year-old engineer at a technology company has been under heavy work stress and has made 4 to 6 trips to the bathroom every day for nearly 8 months. A doctor said this may be irritable bowel syndrome accompanied by emotional problems and explained 3 treatment principles.
Facts
Mr. Chen, a 34-year-old engineer at a technology company
For nearly 8 months
He has had to go to the bathroom 4 to 6 times almost every day
What causes menopausal discomfort? Lifestyle changes and precise medication can help maintain quality of life - Heho Health
Published ・ Source Taiwan | Heho健康
Menopausal discomfort has many causes. In addition to the end of menstruation, hot flashes, insomnia and mood swings, Dr. Tsai Ya-lun, an attending physician in the Department of Women's Medicine at 國泰綜合醫院, noted that as life expectancy rises, the average life expectancy for women in Taiwan has exceeded 83 years, while the natural age of menopause is about 50. Managing health during menopause is increasingly important, and lifestyle changes and precise medication can help maintain quality of life.
Facts
The average life expectancy for women in Taiwan has exceeded 83 years.
Egg freezing is about more than AMH: waiting 5 years can make costs 3 times higher. A doctor explains fertility planning at different ages - Heho Health
Published ・ Source Taiwan | Heho健康
Egg freezing is attracting attention, and doctors caution that age is also a key factor in addition to AMH. Ms. Yeh, who began trying to conceive at 35, had declining ovarian function and succeeded in becoming pregnant only after multiple egg retrievals and embryo transfers and more than 100 injections. Ms. Lin froze 20 eggs when she was young and, after marrying at 41, used the eggs she had preserved to undergo IVF, giving birth to twins—a boy and a girl. The article compares the cost differences of egg freezing and fertility planning at different ages.
Facts
She had frozen and preserved 20 eggs when she was young.
AMH fell to 1.7 ng/mL.
Ms. Yeh, who only began trying to conceive at 35
When she married at 41 and began trying to conceive
She succeeded in becoming pregnant only after receiving more than 100 injections.
Heavy exercise and slow recovery may mean “depletion of qi and blood.” A Chinese medicine doctor reveals the core of sports injuries: “Not hurting does not mean the injury has healed” - Heho健康
Published ・ Source Taiwan | Heho健康
As exercise becomes more popular, visits for sports injuries have surged. Huang Chi-wen, a physician in the Department of Chinese Medicine at 恩主公醫院, cautioned that many people who exercise regularly fall into the misconception that “the more you exercise, the stronger you get,” ignoring the body's limits on recovery. Chinese medicine holds that improved athletic ability depends on “appropriate stimulation, sufficient recovery and rebuilding.” If training volume is out of balance with the body's ability to recover, prolonged exertion can deplete qi and extended overwork can damage the blood, creating a health crisis. “Not hurting does not mean the injury has healed.”
Why do cancer cells metastasize? Breast cancer research points to “stronger mitochondrial power generation”; blood sugar, stress and sleep are key - Heho Health
Published ・ Source Taiwan | Heho健康
Why do cancer cells metastasize? A team led by Dr. Li Chia-jung at 高雄榮民總醫院 began with breast cancer research and found that increased mitochondrial “power generation” is associated with cancer cell metastasis. Blood sugar, stress and sleep may be key factors influencing this process. The findings were published in the leading international journal Molecular (Molecular Oncology series).
視航 launches development of a new drug for ADC-related eye toxicity; myopia drug data readout expected in the first quarter of next year - Global Bio & Tech
益得's first self-manufactured combination nasal spray launches in Taiwan, expanding its respiratory product line - Global Bio & Tech
Published ・ Source Taiwan | 環球生技月刊
益得生技 (6461) announced the Taiwan launch of its first combination nasal spray manufactured at its own plant in Hsinchu. It is the company’s first independently developed product to enter the Taiwan market, marking progress in the commercialization of its respiratory products. The company will continue developing nasal spray products and overseas markets.
Facts
The related market in Taiwan is currently worth about US$830,000.
The U.S. market is worth about US$51 million.
Annual global demand is about 27.47 million units.
The market is worth about US$360 million.
The overall market is expected to expand further to about US$730 million.
For treating symptoms associated with moderate to severe allergic rhinitis in children aged 6 and older and adults.