PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: TSMC (2330 TT) reportedly developed and verified its A16 CMOS platform using backside power delivery technology, Nasdaq led the declines stateside amid tech underperformance as yields remained elevated
Newsquawk Staff ·
TAIWAN
Innolux (3481 TT) - Co. expects FOPLP shipments to grow at a double-digit percentage rate this year and has a positive outlook for next year. (Taipei Times)
TSMC (2330 TT) - Co. has reportedly developed and verified its A16 CMOS platform using backside power delivery technology. (Newswires)
Tech
Taiwan power semiconductor manufacturers are reportedly considering price increases of 10-15% for non-contract products, potentially by October. (Newswires)
Nasdaq 100 led the declines stateside amid tech underperformance as yields remained elevated.
SINGAPORE
Koh Brothers Eco Engineering (KBE SP) - Co. shareholders approved the transfer of its listing from Catalist to the Singapore Exchange mainboard at an EGM. (Business Times)
UMS Integration (UMSH SP) - Co.’s wholly owned Singapore subsidiary, UMS International, incorporated UMS Vietnam Integration Company as a wholly owned subsidiary with issued and paid-up capital of USD 2mln. (Business Times)
United Overseas Bank (UOB SP) - Co. priced GBP 1bln, or around USD 1.4bln, of floating-rate covered bonds due February 2030. (Business Times)
What it means
This is the standard pre-market regional round-up, a mix of company-specific items and a macro colour line, and its tradable content concentrates in two places: the TSMC process-technology update and the power semiconductor pricing story. On TSMC, node-development milestones of this kind are long-dated by nature; the stock has historically traded them as confirmation of the roadmap cadence rather than as a discrete repricing event, with the nearer-term sensitivity sitting in the equipment and advanced-packaging peer set that supplies each successive node. Backside power delivery is the contested ground among the leading-edge foundries, so verification headlines function as a competitive-positioning read against the rival roadmap rather than a revenue item. The power-chip price-increase talk is the more cyclically loaded item: attempts of this kind in past cycles have stuck only where utilization and inventory had already turned, and the distinction that matters is between non-contract spot pricing, which moves first, and contract pricing, which confirms a genuine upcycle. The elevated-yields, tech-underperformance framing is the usual transmission channel into Asian semis at the open, with high-multiple names taking the beta of the prior US session. Follow-ons are confirmation from other power discrete makers and any contract-price commentary at the next round of earnings.
- European Movers: L'Oreal (OR FP) +4.8%, Holcim (HOLN SW) +4.5%, Hexagon (HEXAB SS) +3.0%, Eni (ENI IM) +2.3%, Kering (KER FP) -11.0%, Volvo Car (VOLCARB SS) -3.3%
- Additional European Equity News - 23rd October 2026
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- PRE-MARKET AUSTRALIAN STOCKS NEWS: Whitehaven Coal (WHC AT) Q1 managed run-of-mine production rose 3% Q/Q to 11.0mln tons, equity sales of produced coal fell 5% Q/Q to 6.0mln tons
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