PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Compal Electronics Inc (2324 TT) projected PC shipments this quarter could fall 15–20% Q/Q due to seasonal factors and memory chip shortages.
TAIWAN
Compal Electronics Inc (2324 TT) - Co. projected PC shipments this quarter could fall 15–20% Q/Q due to seasonal factors and memory chip shortages. (Taipei Times)
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SINGAPORE
Olam Group Ltd (OLAM SP) - Co. said its food, feed and fibre operating unit Olam Agri secured a seven-year USD 100mln financing facility, initially guaranteed by the group. (Business Times)
Compal Electronics' forecast of a 15–20% decline in PC shipments this quarter highlights significant headwinds from both seasonal trends and ongoing memory chip shortages. This could pressure margins and overall revenues in the tech sector, particularly impacting related companies and sentiment towards Asian equities. Traders should monitor how this affects supply chains and demand dynamics in the broader tech market.