Sun sets on monitor makers: many shift production to sites outside Taiwan

Article Abstract:

The computer monitor industry of Taiwan is fast becoming sunset industry as the Asian currency crisis forces many of Taiwan's computer monitors to compete in price with those produced in South Korea. A survey of the profitability of the industry showed the sector's 1998 first quarter sales falling by 13% to reach $1.9 bil, as a result of prices dropping 22%. Local production fell by 10.7% to only 4.08 mil units. Many Taiwanese computer monitor makers are establishing production facilities in China to better compete in the price category. Industry observers note that the computer monitor sales of computer equipment manufacturers remain untouched due to the stable market for their products.

Computer peripheral equipment, not elsewhere classified, Video monitors

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Taiwan stocks may be on the verge of taking a breather; Chuntex's warning of 1998 loss is expected to stoke fears of similar undisclosed problems

Article Abstract:

Taiwan-based computer monitor manufacturer Chuntex Electronic's negative financial performance in 1998 may trigger uncertainty in the country's electronic stocks. The company suffered around US$100 million earnings decline due to inventory drops and stiff competition in the US. Local stock analysts think that the negative development is widespread and may vary only in the depth of financial losses. Investors will most likely become highly wary of companies that post sudden drops in finances. This, in turn, would lead to the decline of the stock market.

Taiwan, Securities and Commodity Exchanges, Sales, profits & dividends, Securities Exchanges, Other Electrical Equipment and Component Manufacturing, Electronics, Analysis, Finance, Stock-exchange, Stock exchanges, Exchanges, Securities, Electronics industry, Chuntex Electronic Company Ltd.

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Monitor makers to link up: alliance would form world's No. 4 producer

Article Abstract:

Taiwanese computer monitor firm Mag Technology Co and Hong Kong-listed firm Proview International Holdings Ltd have agreed on an alliance that would result in a $16 billion business that would be ranked No. 4 in the world. The alliance would enable the firms to integrate their manufacturing, marketing, research and component activities in a bid to increase their competitiveness. Both firms, however, did not provide information on their shareholdings.

Strategic alliances, Hong Kong, Joint ventures, MAG Technology Company Ltd., Proview International Holdings Ltd.

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