PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Taiwan Export Orders surged 60.1% Y/Y in January
TAIWAN
Advantech (2395 TT) - Co. expects revenue this quarter to rise to TWD 18.7bln-19.4bln, up from TWD 17.92bln in the prior quarter, driven by front-loaded orders from customers amid a shortage of memory chips and supported by strong design wins. (Taipei Times)
Nanya Technology (2408 TT) - Co. said the DRAM supply crunch could last through 2028 as the AI boom prompts major memory makers to cut standard DRAM production and allocate more capacity to high-bandwidth memory (HBM) chips. (Taipei Times)
TSMC (2330 TT) - Co. is moving ahead with plans to build a new fabrication plant at Tainan Science Park with completion targeted for 2028. (Focus Taiwan)
Data Recap
Taiwan Export Orders YY (Jan) 60.1% vs Exp. 50.9% (Prev. 43.8%, Rev. 44.0%)
SINGAPORE
Great Eastern (GE SP) - Co. is expanding its push into the high-net-worth segment with the launch of Great Eastern Private. (Straits Times)
Taiwan's export orders surging 60.1% year-on-year in January, significantly beating expectations of 50.9%, indicates robust demand that could signal economic strength moving forward. This is notable not just for Taiwan's economy, but it also underlines positive implications for regional supply chains and manufacturers, especially in the tech sector, given the presence of major companies like TSMC and Nanya Technology in the report.