Chunghwa Telecom Co. is planning to boost shareholder returns and leverage artificial intelligence to reach a NT$1 trillion ($32 billion) market capitalization, as Taiwan’s largest carrier marks two decades since privatization.
Chairman Chi-Cheng Chien signaled the company will raise its dividend above last year’s NT$4.758 per share payout, which represented nearly 100% of earnings. The increase would benefit more than 300,000 shareholders of the Taipei-based firm.
The telecom provider aims to extend its seven-year streak of revenue and profit growth in 2025 by focusing on AI integration, next-generation networks, and infrastructure resilience. Chunghwa plans to upgrade data centers in Taipei and Kaohsiung to AI-capable facilities, following a similar conversion in Tainan.
The company is strengthening its submarine cable network through NT$2 billion ($63.6 million) in new investments this year. Projects include the Southeast Asia-Japan Cable 2 system and partnerships with satellite operators OneWeb and SES, which could generate over NT$1 billion in revenue.
Trading at NT$125.5, Chunghwa’s current market value stands at NT$973.6 billion, ranking eighth among Taiwan-listed companies. The stock would need to rise about 3% to reach management’s NT$1 trillion target.
