2014年1月30日

大立光去年EPS71.6元 財報優於預期 2014年1月29日

大立光上週四(1/23)召開法說會,法說會結果優於市場預期,不僅第四季合併營收93億元創下單季新高,獲利也跟上腳步,全年稅後純益96.1億元,每股稅後盈餘達71.6元,表現超乎法人預期,看好大立光後續表現的投資人,若礙於進出的資金門檻,建議可投入小資金的權證操作。
大立光第四季受惠iPhone 5S/5C進入出貨旺季,營收季成長29.7%,年增8.4%,在良率提升、新台幣匯率有利下,毛利率上揚至48.27%,營收、獲利雙雙寫下歷史新高,不過,市場反應卻相當平淡,上週五(1/24)股價表現疲弱不振,開高走低,更是連續二日跌破月線。
法人指出,觀察股價技術面,目前股價往區間下緣靠近,只要大立光守穩前波整理區間,多頭架構可望不變,投資人反而可在相對低點,建立認購權證部位。
法人更進一步說,若股價不如預期,持續向下探低,跌破區間下緣、甚至季線關卡,貼近盤面操作的投資人,更可以整理區間下緣,作為停損、甚至成為反手轉空的點位,多空靈活操作,實為投資人操作權證獲利的關鍵。
目前連結大立光的認購權證,市場計有129檔,投資人可觀察價內外15%以內,剩餘天數達90天以上的權證,可觀察日盛LS(070306)、EZ元富(070927)等。另外,法人更指出,投資人買進權證時,需特別留意持有權證過年的時間價值耗損問題。

亞光集團 緬甸投資

 

中國大陸優勢漸失 亞光集團趕上緬甸投資熱

鉅亨網記者張欽發 台北  2014-01-27 10:10:25

 

 在中國大陸的生產競爭漸失的情況之下,台中地區廠商包括宏全(9939-TW)、達新((1315-TW)陸續進入緬甸進行生產的投資,而亞光(3019-TW)不僅在本身在緬甸的投資今年將進可擴大到光學產品的組裝之後,同時,集團內的CIS模組廠亞泰影像科技(4974-TW)今年也將進入緬甸設廠。亞光2013年營收為173.82億元,較2012年的206.68億元衰退15.9%;但賴以仁指出了亞光在去年出現轉虧為盈的好消息激勵之下,亞光今天早盤逆勢開高,以31.1元開出,最高達31.45元,最高上漲1.15元或3.8%。成交量已逾1000張,超過前一交易日全場的成交量。
亞光董事長賴以仁指出,亞光原有在緬甸的設廠以光學鏡片的研磨初級加工為主,到目前的員工人數為6000人,預計到今年底將擴大的1萬人的水準,而亞光的此一緬甸員工人數目標,則已和亞光在中國大陸各廠人數的總和相當,今年起並將在緬甸廠進行終端產品的組裝。
同時,亞光在2014年的資本支出目標為6-7億元,其中有高達6億元為投資在緬甸廠;同時,在歐美各國陸續取消對於緬甸的經濟制裁同時,有利於自緬甸生產成品出口,亞光預計今年亞光在緬甸的產值貢獻將達50億元。
依照賴以仁的樂觀預估,今年對於新KODAK的對於微單眼、類單眼、高畫質運動型攝影機及手機外掛式數位相機鏡頭等產品出貨將達250萬台,亞光對於新柯達的產品出貨,以外掛式數位相機鏡頭產品最早在在市場推出,將在3月正式上市,產品包括10倍及25倍光學變焦產品,預計在2014年的出貨量目標為50萬台;而其運動型攝影機將在5月推出,預計在2014年的出貨量目標為30萬台。

 

Lenovo buying Motorola's handset business from Google for nearly $3 billion

http://www.engadget.com/2014/01/29/lenovo-nearing-3-billion-deal-for-motorola/

According to several sources Lenovo is nearing a rather stunning deal that would put Motorola's cellphone business in its back pocket for roughly $3 billion. Google snatched up Motorola in 2011 for $12.5 billion. Since then it's slowly broken the company up, scaled back its device lineup and added its massive pile of patents to its legal arsenal. Now, after losing money for several years straight, Mountain View is reportedly preparing to offload the division on Chinese computer giant Lenovo. The purchase of Motorola will probably also put to bed rumors of Lenovo purchasing BlackBerry... at least for a little while. The company has been looking to step up its mobile efforts for the last couple of years, and Motorola's existing infrastructure, patent library and brand recognition should help it make a dent here in the US.
The deal hasn't been officially announced yet, but when (and if) it is There are bound to be plenty of questions. For one, how will the sale of Motorola to a Chinese firm affect the company's recent efforts to bring manufacturing jobs back to the US? And how will this impact Google's own expanding manufacturing plans in the future? Or course, we may have also just figured out how exactly Google convinced Samsung to start putting more focus on Play Services.
Update: Well, that was quick. Google has confirmed the deal, which will see Motorola Mobility change hands for $2.91 billion. Most of that money will be in the form of cash or a promissory note, but it will also include roughly $750 million worth of Lenovo shares. The deal will also cause more than a few cynics to shout, "I told you so," as Google will be maintaining ownership of "the vast majority" of Motorola's patents. Though, the deal does include a license for that intellectual property and Lenovo will take ownership of Moto's brand and trademarks.
Google also insists that this will not affect its other hardware efforts, including those that might involve wearables and smart home appliances. Though, the tone of the message seems to indicate that Google will be staying out of the mobile phone market for the foreseeable future. An internal memo said that Motorola would be "better served" by Lenovo in the "super competitive" smartphone market. The advanced research unit of the company will be staying in Google's possession, however, to help with those other hardware projects.
For Lenovo, the deal means that it is now not only the largest PC maker, but it will also soon be the third-largest handset manufacturer in the Americas (not to mention the second-largest cellphone company in China as Lenovo). Motorola's existing agreements with retailers and carriers instantly gives the Chinese manufacturer a broad reach into mobile markets all over the globe. The company also expressed confidence in Moto's existing team, and in the short term, it does not appear there are plans to close its Chicago headquarters or start laying off employees, including the executives. Though, things sound less rosy for employees at the Texas plant where the Moto X is manufactured. The company said only that it would do what made sense to grow the brand, and would not commit to keeping existing manufacturing jobs in the US. The current plan appears to be to maintain the Motorola brand where it enjoys recognition and success.

聯想 883億併購摩托羅拉移動

中國科技大廠聯想(lenovo)宣布以29.1億美元(約新台幣882.92億元)收購Google旗下手機製造事業摩托羅拉移動(Motorola Mobility)及其部分專利。Google也在官方網站中透露,將轉售超過2000項技術專利給聯想,但也傳出Google仍將保留多數技術專利持有權。

 聯想最近動作頻頻,搶在農曆春節前大伺「採買」,上周才剛以23億美元(約新台幣697.84億元)購併IBM低階X86伺服器,今天再度宣布購入摩托羅拉移動。聯想在這次交易中,將會得到摩托羅拉移動公司、品牌、商標,但Google將保留摩托羅拉移動絕大部分的專利,而雙方仍會保持合作關係。

 Google在2011年時,以125億美元購併摩托羅拉移動,為歷來最大規模收購行動,當時外界看好Google新系統注入傳統手機品牌,將扭轉營運,但目前遲遲未能有效改善經營窘境。此併購消息傳出後,投資人認為Google可望擺脫賠錢事業,激勵Google盤後股價一度上漲1.5%。

2014年1月27日

古法炊甜粿 龍眼木慢火蒸11小時

古法炊甜粿 龍眼木慢火蒸11小時

〔自由時報記者黃淑莉/斗六報導〕斗六咬狗社區理事長黃政吉遵循古法,燒了十一小時的龍眼木蒸煮甜粿(台灣傳統年糕),熟練的技術,讓年紀較輕的社區媽媽佩服不已。
七十歲的黃政吉家中有七個兄弟姊妹,他說,年紀很小時,父親就過世,小孩全賴媽媽打零工養大,媽媽手很巧,過年過節都自己炊粿、綁粽,他最喜歡蹲在旁邊看,順便幫忙燒柴火,媽媽偶而缺幫手就教他一些做法,久了,自己也「出師」了。
年節時,黃政吉總會自己炊粿,他做的菜頭粿、甜粿、芋粿,在社區裡人人稱讚,春節前親朋好友托他炊甜粿、菜頭粿,從廿二日開始連續四天,做了近二百斤年糕,斗六市長謝淑亞得知後,特別前往參觀。
黃政吉炊甜粿遵循古法,糯米需泡水三小時,輾碎後稍微瀝乾水,再以當地盛產的龍眼木柴蒸煮十一小時,期間還得翻攪五次。黃政吉說,火候要夠,口感才會Q彈、不黏牙,且耐保存,普通僅蒸煮五小時的粿,放幾天就發霉,他做的粿,可以放二十天,所以,多年來堅持要蒸煮十一小時。

台積電2014將正式量產蘋果A8應用處理器

晶圓代工龍頭台積電(2330)今年將正式量產蘋果A8應用處理器。根據供應鏈業者透露,台積電第1季下旬開始以20奈米投片,平均月投片量達數千片,第2季投片量將倍增至1萬片左右,第3季將再倍增至接近2萬片規模,今年蘋果訂單將挹注台積電營收超過5%。


  台積電去年初與蘋果達成合作共識後,立即開始針對蘋果所需的製程技術及矽智財,進行生產線的建置工作,而去年一整年已經以28奈米製程試產A7應用處理器。雖然此一試產只是用來練兵,A7處理器並沒有正式出貨給蘋果,但因試產良率比預期好,相關矽智財也獲得認證通過,所以今年台積電將正式為蘋果量產A8晶片。





  據供應鏈業者透露,台積電今年第1季下旬將開始為蘋果生產新一代64位元A8處理器,雖然目前仍未確定採用28奈米或20奈米製程,但以晶片運算效能及功耗要求來分析,預期應是採用最新的20奈米製程投片。


  台積電第1季將以平均每月數千片規模來量產A8應用處理器,第2季平均月投片量將上看1萬片,幾乎較第1季增加一倍,第3季因進入蘋果新機上市前的備貨旺季,月投片量還可望增加一倍至2萬片規模,第4季仍有持續走高機會。


  台積電一向不對接單情況有所評論。法人則預估,台積電今年接獲的蘋果A8處理器代工訂單,全年可望挹注營收達5~7%左右,訂單金額約400億元,至於2015年,因蘋果A8處理器的需求更大,加上新一代採用16奈米鰭式場效電晶體(FinFET)製程A9處理器訂單到位,營收占比將超過10%。


  台積電先前在法說會中預估,20奈米將是今年營收成長主要動能,第2季末大量出貨之後,營收將有強勁成長,預估20奈米占今年全年營收比重將達10%,而第4季單季20奈米營收占比就會衝上20%。


  台積電預估今年第1季營收介於1,360~1,380億元間,季減5.4~6.7%間符合預期,不過,法人近期指出,新一代智慧型手機及平板電腦採用的新晶片已經見到提前拉貨跡象,台積電2月之後將有急單效應,本季營收可望超標,季減率應會降到5%以內優於先前預期。(新聞來源:工商時報─記者涂志豪/台北報導)

2014年1月22日

Intel is delaying opening its 14-nm Fab 42 in Chandler, Arizona

1/16/2014 11:58 AM EST  EETimes
NEW YORK — Intel is delaying opening its 14-nm Fab 42 in Chandler, Arizona, as demand for PC microprocessors continues to decline. As reported by Reuters, the facility was initially intended to produce Intel’s most advanced processors beginning at the end of last year. Instead, the plant will remain closed indefinitely and other plants at the same site are to be upgraded. The move is more market-driven than indicative of any issues with Intel’s processor technology or manufacturing, said Charles King, president and principal analyst at Pund-IT told EE Times. “The company said it will be retrofitting three other plants with new technology rather than opening a fourth,” he said. “They are probably seeing a lower demand in some of their product areas than they have anticipated when they planned the facility." Considering the pressure that traditional PCs and laptop markets have been under along with Intel move into smartphones, the decision makes sense, said King. Intel could not possibly go ahead with a facility that produces processors for which there is no demand. “If the orders aren’t coming in it would be ludicrous for Intel to increase manufacturing,” King said. "It is a significant move because it’s a fairly large facility." Rob Lineback, senior market research analyst at IC Insights, told EE Times. "It is a push-out or push-back of using that facility. Keep in mind that facility was earmarked for the next generation wafer size transition from 300 to 450. That move is delayed by the industry, even though Intel and others are trying to make it more feasible.” Lineback continued, “They decided they don’t need the extra capacity for microprocessors. We’re all kind of in agreement that it was the worst year for PC shipments since the 80s as far as percentage decline." Today's Intel fourth quarter earnings call will be interesting, said Lineback.
Everyone in the industry is waiting to see what their capital expenditures will be for 2014, which will be discussed today, whether they keep the level at above ten billion dollars or not. Only Samsung is investing more money in wafer fabs than Intel. Intel has been the largest capital works spender in the industry since the 90s, until Samsung passed them in recent years, pushing hard on several fronts. Whether this is a real pull back, a real slow down for Intel, we’ll find out more this afternoon.
— Zewde Yeraswork, Associate Editor, EE Times

Intel to (restructure)(Cut) ~5% of Workforce

 

Intel to Cut 5% of Workforce

1/17/2014 05:10 PM EST
 
 
 
NEW YORK — Intel plans to cut back its global workforce of 107,000 employees by approximately 5% this year as the world's leading semiconductor manufacturing company shifts its priorities.
The announcement comes one day after Intel announced its fourth quarter earnings in a conference call that featured CEO Brian Krzanich acknowledging that the company had overestimated PC chip demand three years ago when it began planning the construction of Fab 42, the opening of which it cancelled earlier this week.
Intel spokesman Chris Kraeute confirmed the figure for EE Times but could not give further details. Instead, he referred to "critical decisions to align our resources to meet the need of our business," adding, "We regularly make sure that our human resources are matched up with our business need. And right now we are re-prioritizing certain activities and these can lead to movement in our workforce."
As for when and how this decision is to be carried out, Kraeute said he could not be more specific than to say that Intel expects to exit the year 2014 with five percent fewer workers than it currently has, and that this would occur over the course of the year. "As a business we are responding to evolving market trends, so we want to match up to that," Kraeute said.
Reuters initially broke the story citing Kraeute on Friday.
Intel said in an email late on Friday that "When we talk about reduction of the workforce there are a number of things that can happen. It could include redeployments, voluntary programs, retirements, and through attrition. All are options so it would be wrong to conclude this is a layoff. Our usual rate of attrition is close to 4 percent worldwide." — Zewde Yeraswork, Associate Editor, EE Times


Re: which workers Susan Rambo   1/21/2014 2:17:02 PM
Intel came back to EE Times after close on Friday and said: "When we talk about reduction of the workforce there are a number of things that can happen. It could include redeployments, voluntary programs, retirements, and through attrition. All are options so it would be wrong to conclude this is a layoff. Our usual rate of attrition is close to 4 percent worldwide."

Texas Instruments sees higher fourth-quarter profits and revenue, cuts 1,100 jobs 德儀第四季營收優於預期,惟計劃裁員1100人

22/01/2014 08:49
德儀第四季營收優於預期,惟計劃裁員1100人

  《經濟通通訊社22日專訊》德州儀器(Texas Instruments)公布,第
四季營收增至30﹒3億元(美元.下同),優於市場預期的29﹒87億元。上年同期為
29﹒8億元。
  德儀第四季淨利為5﹒11億元,每股盈利0﹒46元。認列的4900萬元重整費用,使
得每股盈利減少0﹒03美元。而第一季將再認列約3000萬元。
  該公司預估,第一季營收將為28﹒3-30﹒7億元,市場預計為29﹒5億元。公司還
預測,第一季每股盈利為0﹒36-0﹒44元。
  德儀計劃在美國、日本和印度裁員1100人,約全球員工總數的3%,並計劃通過重組,
到2014年末節省1﹒3億元開支。
  該公司還希望降低嵌入式處理器業務和在日本的費用。該公司去年宣布,要關閉移動處理器
業務,並裁員1700人。
  德儀股價在盤後交易下跌1﹒59%,常規時段收高0﹒9%,報43﹒85元。


Texas Instruments sees higher fourth-quarter profits and revenue, cuts 1,100 jobs

Texas Instruments Inc. said today that it nearly doubled its profits and posted slightly higher revenue for the fourth quarter, but it also plans to lay off about 1,100 workers.
Those job cuts will be in the United States, India and Japan as it cuts costs in its embedded processing division and in Japan where investments in markets do not offer “sustainable growth and returns.” The company expects the changes to result in annualized savings of about $130 million.
The job cuts and restructuring reflect the challenges in the semiconductor industry — even for TI, which analysts rate higher than many of its peers.
The 1,100 layoffs follow more than 1,800 layoffs last year mainly due to the phasing out of its wireless mobile and baseband businesses to focus on its analog and embedded processing businesses. The company has about 32,000 employees worldwide, including about 9,000 in the Dallas area.
The Dallas-based company makes semiconductor chips used in a variety of electronics products.
TI reported a profit of $511 million, or 46 cents a share, for the fourth quarter, compared with $264 million, or 23 cents a share, a year earlier. The latest numbers include $49 million in charges, which reduced profits by 3 cents per share, for a restructuring action excluded from the company’s previous guidance.
Revenue rose 2 percent to $3.03 billion.
TI’s per-share profit was in the mid-range of its guidance and met analysts’ consensus. Its revenue was at the high range of previous guidance.
“Our fourth quarter capped a year in which each quarter’s performance increasingly reflected the impact of structural changes we’ve made to focus TI on analog and embedded processing,” TI chief executive Rich Templeton said in a statement.
Analog revenue rose 12 percent and embedded processing revenue was up 11 percent in the fourth quarter from a year ago. Combined, that revenue accounted for 82 percent of the company’s total revenue in the fourth quarter and 79 percent for all of 2013.
For the full year 2013, TI posted a 23 percent increase in net profit to $2.2 billion. Revenue declined 5 percent to $12.2 billion, reflecting the business unit changes.
TI said its outlook for the first quarter is for revenue in the range of $2.83 billion to $3.07 billion and profits per share of 36 cents to 44 cents, including about $30 million in restructuring charges (similar to those mentioned above for the fourth quarter).