Lin out­lines lim­its

The China Post - - TAIWAN BUSINESS -

For 2015, the bro­ker­age trimmed Me­di­aTek’s 3G hand­set chip ship­ment fore­cast from 266 mil­lion units to 260 mil­lion and main­tained its 4G LTE chip ship­ment es­ti­mate at 160 mil­lion units, ad­just­ing Me­di­aTek’s to­tal smart­phone chip ship­ment pro­jec­tion in 2015 from 426 mil­lion units to 420 mil­lion.

Given th­ese fac­tors, the bro­ker­age cut its price tar­get for Me­di­aTek shares from NT$425 to NT$405 and re­duced the com­pany’s earn­ings per share es­ti­mates for 2015 to NT$23.5 and for 2016 to NT$27.

Un­der Tai­wanese reg­u­la­tions, the name of the bro­ker­age can­not be re­ported be­cause it was of­fer­ing spe­cific fore­casts that could in­flu­ence the mar­ket.

Me­di­aTek shares closed up 0.38 per­cent at NT$400.5 Wed­nes­day in Taipei. The com­pany will host a con­fer­ence call Thurs­day to re­lease its first-quar­ter earn­ings. will be de­layed from the third quar­ter of this year to some­time in 2016 and come in two ver­sions: one tai­lored for men and the other for women, NDTV Gad­gets re­ported on Mon­day, cit­ing Asustek CEO Jerry Shen ( ).

Shen said Asustek now has “a bet­ter un­der­stand­ing” of the wear­able mar­ket af­ter testing the mar­ket re­cep­tion to the first gen­er­a­tion ZenWatch, which was un­veiled at Ger­many’s IFA elec­tron­ics show in Septem­ber last year, the re­port said.

Shen said Asustek is work­ing to im­prove the bat­tery life and over­all per­for­mance for its new smart­watches, in­clud­ing the devel­op­ment of its own op­er­at­ing sys­tem for wear­able de­vices, but he noted that his com­pany will con­tinue side-by-side with Google Inc.’s An­droid Wear op­er­at­ing sys­tem in the fu­ture, ac­cord­ing to the re­port.

Re­search firm Canalys re­vealed that only over 720,000 An­droid Wear-pow­ered de­vices were shipped in 2014, which ac­counted for roughly 16 per­cent of the to­tal 4.6 mil­lion smart wear­able band ship­ments.

Canalys an­a­lyst Daniel Matte fore­casts that Ap­ple Inc.’s smart­watch will dramatically grow the mar­ket for smart bands and wear­ables over­all this year be­cause Ap­ple made the right de­ci­sions with its WatchKit soft­ware devel­op­ment kit to max­i­mize bat­tery life for the plat­form.

CNA

Tai­wan Stock Ex­change Cor­po­ra­tion (TWSE) Pres­i­dent Michael Lin ( ) an­nounces yes­ter­day that start­ing on June 1, the daily price fluc­tu­a­tion limit for shares would be ex­panded to 10 per­cent. Lin said that once in­vestors are more familiar with the new sys­tem, he ex­pects vol­ume would rise as well.

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