PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Realtek Semiconductor (2379 TT) FY (TWD) net income fell 4% Y/Y to 14.8bln, sales rose 8% Y/Y to 122.7bln
TAIWAN
MediaTek (2454 TT) - Co. and Keysight Technologies advanced AI-driven uplink optimisation and model lifecycle management for radio access networks, while its unit Digimoc acquired 1.7mln preferred shares of Ayar Labs for about USD 90mln. (Newswires)
Realtek Semiconductor (2379 TT) - Co. FY (TWD) net income fell 4% Y/Y to 14.8bln, sales rose 8% Y/Y to 122.7bln. (Taipei Times)
Wiwynn Corp (6669 TT) - Co. expects revenue this year to exceed last year’s level as shipments of new servers based on ASIC and GPU are set to begin in the second half of the year. (Taipei Times)
SINGAPORE
Singapore Airlines (SIA SG) - Co. announced cancellation of flights between Singapore and Dubai from Feb 28th to Mar 7th. (Newswires)
OUE (OUE SG) - Co. FY25 (SGD) net loss of 279.1mln (prev. loss of 286.7mln Y/Y), operating loss of 15.1mln (prev. profit of 63.4mln Y/Y), revenue fell 5% Y/Y to 617.0mln, declares final dividend per share of 0.01. (Newswires)
Realtek Semiconductor reported a net income drop of 4% year-over-year, despite an 8% increase in sales. This divergence suggests potential margin pressures or rising costs that investors will want to monitor, as overall financial performance could impact market sentiment in the tech sector. Keep an eye on how this aligns with broader industry trends and what it implies for future growth prospects.