PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Largan Precision (3008 TT) Q4 (TWD) net fell 22.4% Y/Y to 6.73bln, while it sees revenue declining M/M in both January and February

Largan Precision's Q4 net income drop of 22.4% year-on-year, along with an anticipated month-on-month revenue decline for January and February, signals potential headwinds for the company and possibly for the broader tech sector.

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PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Largan Precision (3008 TT) Q4 (TWD) net fell 22.4% Y/Y to 6.73bln, while it sees revenue declining M/M in both January and February

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TAIWAN

Largan Precision (3008 TT) - Co. Q4 (TWD) net fell 22.4% Y/Y to 6.73bln, while it sees revenue declining M/M in both January and February. (Taipei Times)

Quanta Computer (2382 TT) - Co. December rev. rose 94.5% Y/Y to a record TWD 272.5bln and Q4 rev. rose 53% Y/Y to 638.6bln. (Taipei Times)

Wistron (3231 TT) - Co. December rev. rose 141.6% Y/Y to TWD 255.3bln and Q4 rev. rose 1.4% Y/Y to TWD 720.9bln, while it expects strong AI server momentum to buoy its performance this quarter. (Taipei Times)

SINGAPORE

DBS Group (DBS SP) - Co. is weighing a foray into the market for significant risk transfers and held preliminary talks with funds investing in SRTs. (Straits Times)

Context

This significant decline contrasts with strong results from peers like Quanta Computer and Wistron, which could indicate a mixed outlook in the semiconductor space, affecting market sentiments toward related equities.

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