China’s stimulus measures have boosted demand for personalcomputers and flat-screen TVs that require liquid crystaldisplays LCDs benefiting AU more than larger South

China’s stimulus measures have boosted demand for personalcomputers and flat-screen TVs that require liquid crystaldisplays (LCDs), benefiting AU more than larger South Koreanrivals Samsung Electronics (005930.KS) and LG Display(034220.KS), thanks to Taiwan’s closer ties with the mainland. * Confident of profit in Q3 Stocks  |  China  |  South Korea * Q2 loss T$6.6 bln vs average loss estimate of T$10.96 bln * AU sees higher Q3 shipments, prices from Q2 * Raises 2009 capex to T$70-75 bln from T$50-60 bln * Shrs end up 0.4 pct before earnings, outpacing big board (Recasts with analyst comments and details; adds byline) By Baker Li TAIPEI, July 23 (Reuters) – Taiwan’s AU Optronics (2409.TW)aims to return to a profit in the current quarter after postinga narrower second-quarter loss, showing how China’s massivestimulus spending is changing the fortunes of the world’s No.3LCD maker. [nBKK509151] 0328 GMT – For the Thai press digest click on [PRESS/TH] – For Thailand’s IPO diary click on – For Thailand’s stock exchange news click on [TH-SET] – For Thailand corporate earnings: [TH-RES-RTRS] – For Thailand economic forecast: [POLL-ECI-TH-RTRS] ($1=34.11 Baht) (Reporting by Arada Therdthammakun; Editing by Alan Raybould). “We expect an earnings recovery in the second half on animproving economy and ongoing cost savings. We recommend DTACwith a target price of 47 baht a share, which includes expectedvalue for a 3G service,” Kim Eng said a research note toclients. The company reported a 65 percent drop in quarterly netprofit, in line with forecasts, due to weak internationalroaming income and the cost of relocating to a new office.[nBKK452070] 0337 GMT TATA STEEL (THAILAND) TSTH.BK RISES The country’s largest steel bar maker rose nearly 3.0percent to 1.72 baht after the company said it planned to beginoperating a new mini blast furnace in August, a move analystssay could boost margins and growth. The companyposted a sharp drop in second-quarter net profit on Wednesday.

[nBKK24405] 0444 GMT SIAM CEMENT (SCC.BK) UP AFTER A BROKER UPGRADE Thailand’s largest industrial conglomerate rose 1.46percent to 173.50 baht after Citi Investment Research raisedits rating to “buy” from “sell” and increased its target pricefor the stock to 240 baht from 110 baht, citing its improvingearnings outlook. [nBKK514228] 0318 GMT TOTAL ACCESS COMMUNICATION DTAC.BK UP ON H2 HOPE Thailand’s second-largest mobile phone operator (TAC) rose1.5 percent to 34.50 baht due to optimism that its earningswould improve in the second half, brokers said. 0435 GMT BANKS .SETB UP ON BULLISH H2 OUTLOOK The banking subindex .SETB rose 2.0 percent,outperforming the overall market, led by a 4.23 percent rise intop lender Bangkok Bank BBL.BK to 111 baht. Number two Krung Thai Bank KTB.BK climbed 1.8 percent andthird-ranked Siam Commercial Bank SCB.BK edged up 0.7percent.

Analysts are now more bullish on the sector, expectinggovernment spending to spur lending in the second half, eventhough most banks reported weaker earnings in the secondquarter. “The recovery in the global economy should result in betterdemand for high-priced products, including shrimp and seafood,”KGI Securities said in a research note, adding it maintained arating of “outperform” with a 12-month target price of 31 baht. 0825 GMT THAI UNION FROZEN TUF.BK UP ON STRONG PROFITS HOPE Thailand’s biggest canned tuna exporter rose 0.82 percentto 24.60 baht, having hit a near-two-year high of 24.90 baht inearly trade, due to expectations the company would reportstrong profit growth in the second quarter and the rest of thisyear thanks to improved margins on shrimp and tuna products. Brokers expect second-quarter net profitto be more than double the first quarter’s 1.74 billion baht,thanks to a big improvement in aromatic spreads and a largegain on stocks at its refinery business in the quarter. Stocks on the move included: PTT AROMATICS PTTAR.BK UP ON STRONG Q2 PROFIT FORECAST Thailand’s largest integrated aromatics refinery rose 3.2percent to 19.60 baht. “We also did not negotiate nor discuss any of theseissues with Zain officials or shareholders.” The Kuwaiti firm has been in the news this week afterit said it is still reviewing a possible sale of itsAfrican operations — minus Morocco and Sudan — afterFrench media and telecoms conglomerate Vivendi (VIV.PA)broke off talks on buying the operations (Writing by Amran Abocar; Editing by Jason Benham).

(Adds PTT Aromatics) BANGKOK, July 23 (Reuters) – Thailand’s benchmark stockindex .SETI was up 1.8 percent at 608.90 at 0754 GMT onThursday, pushed up by buying of energy stocks .SETEN andbanks .SETB, dealers said. DUBAI, July 23 (Reuters) – Emirates TelecommunicationsCorp (Etisalat) ETEL.AD said on Thursday it has not madean offer to buy Kuwaiti mobile telecoms firm Zain (ZAIN.KW)or its African assets. The head of Etisalat’s international unit told Reuterson Tuesday that it was interested in buying a 51-percentstake in Zain Group, “given the right values.”[ID:nLL452266] “We did not present any proposal or bid to acquire astake in Zain or any of its assets in Africa,” EtisalatChairman Mohamed Omran said in a statement on Thursday. Using Intel® processors, including the latest Intel® Xeon®and Core?2 dual-core processors, the Company offers a wide range of computerproducts which are designed to be compliant with the most stringent industryspecifications including those for products used in extremely harshenvironments.PMC means PCI Mezzanine Card; PCI means Peripheral Component Interconnect,which is an industry-standard bus for attaching peripherals to computers.For more information on Concurrent and its products please visit http://. This new adaptor will be particularly suitable for defence orindustrial applications which require a high level of electro-magnetic immunityand security of data, in addition to higher data throughput across increasednetwork distances.Commercial and extended temperature versions are available which should alsoincrease its appeal.Glen Fawcett, Managing Director, Concurrent Technologies, commented:”We are very pleased to launch this new fibre optic card which will be of greatinterest to the defence and telecoms sectors, two key target markets.

A two channel fibre optics adaptor, it is targetedat applications requiring high data throughput and low latency, as well asincreased data security.This adaptor can be used to further expand the functionality of Concurrent’shigh performance processor boards and should therefore also create newopportunities in different applications and projects for the Company’s existingproduct lines. TheLinkedIn Research Network is the world`s largest source of highly profiled andquality B2B respondents for the Market Research community.Harris Interactive Inc.Carol Fricke, 800-866-7655 x7479Corporate CommunicationsorLinkedIn CorporationFor Press inquiries: For Advertising inquiries: For Market Research inquiries: Copyright Business Wire 2009 http://. Concurrent Technologies PlcProduct Launch High Speed Fibre Optic Adaptor Concurrent Technologies Plc (“Concurrent” or the “Company”), a world leadingspecialist in the design and manufacture of high-end embedded computerproducts, announces the launch of its latest networking PMC mezzanine card -the CL PMC/GB4, an advanced fibre optic adaptor.Designed by Concurrent specifically to augment the effectiveness of existingsingle board computer products, this product is capable of supporting extremelyhigh speed data transfers. Currently, over 43 million professionals are onLinkedIn, representing all five hundred of the Fortune 500 companies, as well asa wide range of household names in technology, financial services, media,consumer packaged goods, entertainment, fashion, and numerous other industries.LinkedIn is backed by world-class investors including Sequoia Capital, GreylockPartners, the European Founders Fund, Bessemer Venture Partners, Bain CapitalVentures and now Goldman Sachs, The McGraw-Hill Companies, and SAP Ventures. Harris Interactive serves clientsglobally through our North American, European and Asian offices and a network ofindependent market research firms For more information, please visit. About LinkedInLinkedIn takes your personal business network online, giving you access topeople, jobs and opportunities like never before.