TAIWAN: BEFORE THE OPEN, 10Jun2013

The Taiwan Relations Act still stands; DRAM makers in for a good 3Q; The national debt example; Mainland tourists swarm into Taiwan; Manufacturing sector labeled “blue light”; 14nm processes TSMC’s new challenge; Here’s what you need to know pre-open.

Another report confirms Taiwan’s manufacturing slowdown

You can only buy so many tech gadgets when your disposable income is flat but food and energy costs are rising.

CHINA: BEFORE THE OPEN, 03June2013

Happy Monday! Chinese stocks were crushed in US trading, pre May PMI which crushed expectations, and as such, we should see a turn around on the open today. In addition, the IPO pipeline is down 25% since the beginning of the year. Real estate punters are now in the cemetery game and finally we see pressure on the supply side in Shanghai real estate. Here’s what you need to know to start the week. Good trading!

HK Unemployment unchanged at 3.5%

These sectors faced increases in unemployment: retail, manufacturing,  and accommodation and food services.

These sectors faced decreases in unemployment: insurance, wholesale, and construction.

SCMP

Chinese contract manufacturers look to relocate overseas

Chinese contract manufacturers of luxury goods have begun to move their operations abroad at an accelerated pace, due to soaring labor and other costs in the country, the Chinese-language Economic Information Daily reports. Read More, Want China Times

IEK: Taiwan manufacturing growth of 4.23% this year

Apple Daily TW

HONG KONG: CLOSING WRAP, 02May2013

Californication: BYD opens first Chinese auto plant in USA

From South China Morning Post:

The first Chinese-owned vehicle manufacturer in the United States unveiled ambitious plans Wednesday to eventually build as many as 1,000 plug-in electric buses a year at a refurbished RV manufacturing plant in a wind-swept, sage-dotted corner of the Mojave Desert.

S Korea Mar industrial electricity usage up 0.2% MoM

Yonhap News

Acute labor shortage in western China

From DigiTimes:

Mainly because Taiwan-based notebook ODMs have been accelerating the process of shifting production to plants in Chongqing and Chengdu, in western China, the factories of ODMs and component makers in the region are seeing increasing difficulty recruiting enough workers, according to Taiwan-based supply chain makers.