PRE-MARKET TAIWAN AND SINGAPORE STOCK NEWS: HTC Corp (2498 TT) Feb. revenue fell 44% Y/Y to TWD 2.6bln

TAIWAN

Advanced Semiconductor Engineering (2311 TT)
– Co. Feb. revenue fell 9.9% Y/Y to TWD 19.0bln. (Newswires)

Advantech (2395 TT)
– Co. Feb. revenue rose 0.3% Y/Y to TWD 3.0bln. (Newswires)
– Co. has also raised prices of its standard products due to higher costs for components. (Taipei Times)

Hon Hai (2317 TT) and Foxconn (2354 TT)
– CSRC is set to permit the core subsidiary of Taiwan’s Hon Hai Precision Industry to list in Shanghai. (Nikkei)

HTC Corp (2498 TT)
– Co. Feb. revenue fell 44% Y/Y to TWD 2.6bln. (Newswires)

TSMC (2330 TT)
– GlobalFoundries has urged Chinese regulators to investigate TSMC for violating antitrust laws. (Nikkei)

Data Recap
– Taiwan CPI (Feb) Y/Y 2.2% vs. Exp. 2.0% (Prev. 0.9%). (Newswires)
– Taiwan CPI Core (Feb) Y/Y 2.4% (Prev. 0.8%)
– Taiwan WPI (Feb) Y/Y -0.3% (Prev. -0.7%)
– Taiwan Trade Balance (USD)(Feb) 2.9B vs. Exp. 3.7B (Prev. 2.4B)
– Taiwan Exports (Feb) Y/Y -1.2% vs. Exp. 3.7% (Prev. 15.3%)
– Taiwan Imports (Feb) Y/Y 0.9% vs. Exp. 4.9% (Prev. 23.3%)

SINGAPORE

Data Recap
– Foreign Reserves (USD)(Feb) 282.8B (Prev. 282.4B).  (Newswires)

(Newswires)