PRE-MARKET TAIWAN AND SINGAPORE STOCK NEWS: TSMC Q2 rev. topped forecasts at a record high, while Apple suppliers are also in focus as the tech giant is said to aim to ship 10% more iPhones this year

TAIWAN

ChipMOS TECHNOLOGIES (8150 TT) - Co. Q2 (TWD) rev. rose 6.7% Y/Y to 5.8bln. (Newswires)

Chunghwa Telecom (2412 TT) - Co. June (TWD) rev. 18.1bln (prev. 18.1bln M/M). (Newswires)

Formosa Chemicals & Fibre (1326 TT) - Co. June sales rose 24.4% Y/Y, June YTD sales rose 14.1% Y/Y. (Newswires)

Formosa Petrochemical (6505 TT) - Co. June sales rose 4.8% Y/Y, June YTD sales fell 0.7% Y/Y. (Newswires)

MediaTek (2454 TT) - Co. June (TWD) sales rose 2.2% M/M to 43.0bln. (Newswires)

Nan Ya Plastics (1303 TT) - Co. June sales rose 10.2% Y/Y, June YTD sales fell 3.5% Y/Y. (Newswires)

Nanya Technology (2408 TT) - Co. Q2 (TWD) net -813mln (prev. -1.2bln Q/Q), rev. rose 4.4% Q/Q to 9.92bln. (Newswires)

TSMC (2330 TW) - Co. June (TWD) sales 207.87bln (prev. 229.6bln M/M), Q2 sales 673.5bln (exp. 654.3bln). (Newswires)

Apple Suppliers - Apple (AAPL) reportedly aims to ship 10% more new iPhones in 2024 after a bumpy 2023, while Apple Intelligence AI features are expected to boost iPhone demand with the Co. looking to ship 90mln iPhone 16 units in the latter half of the year. (Newswires)

SINGAPORE

Keppel DC REIT (KDCREIT SP) - Co. is to acquire a data centre in Tokyo in a deal valued at SGD 201mln. (Newswires)

Singapore Exchange (SGX SP) - Co. June total derivatives traded volume rose 5% and securities daily average value rose to SGD 1.2bln in the quarter. (Newswires)

11 Jul 2024 - 01:35- EquitiesResearch Sheet- Source: Newswires