TAIWAN DAYBOOK: Asustek to Introduce Ultrabook Laptops in Taipei

Asustek Computer Inc. (2357), Taiwan’s second-largest PC maker, will introduce its series of Ultrabook laptops in Taipei today. Navin Shenoy, Intel Corp. (INTC)’s general manager for Asia Pacific, will be at the 2 p.m. briefing.

WHAT TO WATCH:
* Taiwan’s dollar appreciated 0.5 percent to close at
NT$30.348 against its U.S. counterpart
* Yield on government 2 percent bonds due July 2016 rises to
1.05 percent; highest for benchmark 5-year debt since Aug. 17
* The benchmark Taiex advanced 2.6 percent to 7,398.71, a third
day of gain
* Overseas investors were net buyers of Taiwan’s stocks; net
purchases were NT$7.9 billion (260 million)

EQUITY MOVERS:
* Chunghwa Telcom (2412 TT) third-quarter net income drops 0.2
percent to NT$11.9 billion
* Compal Electronics (2324 TT) September sales fall 32 percent
from a year earlier to NT$54 billion
* Hon Hai Precision Industry (2317 TT) paid $44.9 million to buy
Scientific-Atlanta’s Mexico facilities through its holding
companies, the Taipei-based electronics manufacturer said in an
exchange filing.
* Largan Precision (3008 TT) was rated “buy” in new coverage
at RBS.
* Neo Solar (3576 TT) will invest in BlueChip Energy’s 120
megawatt Sorrento solar farm project in Lake County, Florida
* Tatung (2371 TT) Chairman Lin Wei-shan indicted on charges of
embezzlement, may face 20-year jail term, prosecutors say
* TSMC (2330 TT) buys NT$523 million of gear from Tokyo
Electron (8035 JP)
* United Microelectronics (2303 TT) sells property in Taipei
City for NT$585.8 million, realizing a profit of NT$192 million

GOVERNMENT:
* National Communications Commission briefing, 9 a.m.
* Taiwan’s Sept. approved foreign exchange business, 4.20 p.m.

EVENTS:
* Asustek Computer (2357 TT) to introduce Ultrabook laptops
* The 37th Taipei International Electronics Show, Oct. 10-13
* Broadband Taiwan 2011, Oct. 10-13
* Taiwan Private Equity and Venture Capital Association Chairman
Kenneth Lin speaks at a briefing

BTV HIGHLIGHTS (All Hong Kong time):
8:40 Francis Lun, Lyncean Holdings, MD
9:40 Steven Sun, HSBC, head of China equities
10:40 May Yan, Barclays Capital, head of China banks research
11:10 Satyajit Das, risk consultant
11:30 Mark Hoplamazian, Hyatt Hotels, president & CEO

To contact the editor responsible for this story: Joshua Fellman at jfellman@bloomberg.net

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