PRE-MARKET TAIWAN & SINGAPORE STOCKS NEWS: Asustek (2357 TT) Q1 (TWD) net fell 23% Y/Y to 9.8bln, rev. rose 44% Y/Y to 194.05bln, while it expects revenue to remain strong this quarter

Newsquawk Staff · 13 May 2026, 01:00 UTC

TAIWAN

Asustek (2357 TT) - Co. Q1 (TWD) net fell 23% Y/Y to 9.8bln, rev. rose 44% Y/Y to 194.05bln, and expects revenue this quarter to remain strong, driven by AI server growth and a sequential rebound in PC sales. (Taipei Times)

China Steel (2002 TT) - Co. will raise domestic prices of all products next month as the global steel market recovers amid strong demand, higher raw material costs and tight supply. (Taipei Times)

TSMC (2330 TT) - Co. approved a USD 31.28bln capital budget for production expansion to meet long-term development needs during the AI boom. (Taipei Times)

SINGAPORE

Genting Singapore (GENS SP) - Co. is rolling out new attractions as Middle East tensions weigh on earnings. (Straits Times)

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