PCB | January 17, 2005
Stronger Taiwan dollar threatens pcb profitability
The stronger New Taiwan dollar has negative effect on the profitability of the local electronics manufacturers of computer-related products.
In just the last quarter the New Taiwan Dollar appreciated about six percent to NT$31.917. For the local manufacturers the rising foreign exchange losses could be a problem. The investors are a bit worried but SinoPac Securites Corp’s analyst Yang Ja-lin believes that the impact will be short-term.
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