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Intel Corporation, a leading semiconductor manufacturer, generates the majority of its net sales from computing architecture products (93.2%), including processors and microprocessors. The company also focuses on advanced driving assistance systems (3.8%) and wafer manufacturing services (1.8%). Geographically, sales are distributed with significant contributions from China (27.4%) and the United States (25.7%).
UBS has increased its price target for Intel from $25 to $26, maintaining a "Neutral" rating following the company's quarterly results, which exceeded expectations. Analyst Timothy Arcuri noted a solid outlook for the semiconductor giant, particularly in traditional sales markets for computer processors.
Apple Inc. focuses on designing, manufacturing, and marketing computer hardware and music media, with telephony products, primarily the iPhone, accounting for 52.3% of sales. Other segments include peripherals (10.4%), computers (7.7%), music media (7.4%), and various services (22.2%). Geographically, sales are led by the Americas (42.4%), followed by Europe-India-Middle East-Africa (24.7%) and China-Hong Kong-Taiwan (18.9%).
Apple Inc. focuses on designing, manufacturing, and marketing computer hardware and music support, with net sales primarily from telephone products (52.1%), peripheral devices (10.5%), and computers (10.2%). Geographically, sales are led by the Americas (42.4%), followed by Europe/India/Middle East/Africa (24.7%) and China/Hong Kong/Taiwan (18.9%).
Intel shares surged 9% after the company reported better-than-expected revenue of $13.28 billion, despite a net loss of $16.99 billion for the quarter ending September 28. The firm announced plans to restructure its foundry business and launched new AI and server processors, while facing ongoing challenges in market share and competition.
In Samvat 2080, local investors demonstrated remarkable resilience, navigating challenges like the Iran-Israel conflict and high valuations, with the Nifty's P/E at 23.5. Despite slowing domestic earnings growth, sectors like PSU and power thrived, while media and oil & gas struggled. As global inflation eases, India's economic outlook for 2024 remains positive, bolstered by local investor confidence and mutual fund flows.
Taiwan's Hsinchu Science Park (HSP) is a leading global hub for the integrated circuit (IC) industry, fostering innovation and entrepreneurship through a robust ecosystem of over 170,000 professionals and extensive R&D support. With a focus on high-tech sectors like AI, IoT, and biotech, HSP offers diverse one-stop services, including talent cultivation and research grants, while promoting sustainable development and resilience against global challenges. The Industrial Technology Research Institute (ITRI) complements this by driving technological advancements in smart living, healthcare, and green energy, aiming for a better future through its 2035 Technology Strategy.
Taiwan is advancing its MedTech sector by developing innovative healthcare solutions for both local and global markets, focusing on sustainability and patient-centric services. Collaborations with organizations like Health Care Without Harm aim for net zero emissions, while the Taiwan Excellence Awards promote outstanding healthcare innovations. Key players like Acer Medical and V5med are leveraging AI to enhance diagnostics and patient care, contributing to a more efficient and effective healthcare ecosystem.
The Bank of Japan has decided to keep interest rates unchanged amid significant uncertainties regarding the country's economic activity and prices, following a historic election defeat for the ruling coalition. In other news, China's manufacturing output has shown signs of recovery, expanding for the first time since April, while North Korea conducted a missile test, and Taiwan prepared for the impact of Super Typhoon Kong-rey.
Taiwan has suspended trading on its $2.5 trillion stock market as it prepares for Super Typhoon Kong-Rey, one of the largest storms to hit the island this late in the year. Packing winds of 51 meters per second (114 miles per hour), the typhoon is expected to make landfall on the east coast on Thursday afternoon, classified as a Category 3 hurricane.

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