\ Blog \ Taiwan handset component makers not significantly affected by depreciation of US dollar
Register | Sign In
New Topic

Taiwan handset component makers not significantly affected by depreciation of US dollar

Oct 20, 2010 Cellpex, United States, Ohio - admin

Most Taiwan-based component and handset makers, including Merry Electronics, Ichia Technologies and Arima Communications, indicated that the depreciation of the US dollar against the NT dollar has not brought substantial negative impact on their operations mainly because part of their accounts receivable and payable are in US dollars and they use forward exchange transactions to reduce foreign exchange risks. The NT dollar will further appreciate into 2011 from NT$30.70-30.90 against US$1 currently to NT$30-30.50 but should not go below the NT$30 threshold, they indicated.



View Source »

Comments
© 2011 Cellpex LLC, Ohio, USA. Designated trademarks and brands are the property of their respective owners.
Use of this Web site constitutes acceptance of Cellpex User Agreement, Product Listing Policy and Privacy Policy.