The nation's largest manufacturer of computer monitors and printers, Lite-On Technology Corp (
"The new center will be constructed in the Neihu Technology Park and we will start construction next month," Lite-On spokesman John Chen (陳中平) said.
"The center will concentrate on six basic research platforms: a reliability testing laboratory, a safety testing laboratory, a capability testing lab oratory, high-precision tooling, product industrial design and prototyping," he said.
Lite-On's research workforce of 1,200 engineers will more than double to 2,500 when the new center opens. They will work on new technology in the fields of storage, computer displays, networks, wireless data transmission, computer chips, software and digital cameras.
The investment plan was announced by Lite-On's chief financial officer Wei Yi-chih (魏逸之) at an event to promote innovation.
For the past three years Lite-On, together with the China External Trade Development Council, has sponsored a design contest for students and professional engineers from Taiwan, Hong Kong and China who come up with innovative designs and products.
There are 902 entries in this year's awards, 80 of them from professionals and the rest from schools. Twenty-six Taiwanese schools and 21 Chinese schools have entered projects, institutions in Italy, the UK, Canada and the US.
The entrants are competing to share NT$800,000 in prize money, divided among three winners.
Taiwan Transport and Storage Corp (TTS, 台灣通運倉儲) yesterday unveiled its first electric tractor unit — manufactured by Volvo Trucks — in a ceremony in Taipei, and said the unit would soon be used to transport cement produced by Taiwan Cement Corp (TCC, 台灣水泥). Both TTS and TCC belong to TCC International Holdings Ltd (台泥國際集團). With the electric tractor unit, the Taipei-based cement firm would become the first in Taiwan to use electric vehicles to transport construction materials. TTS chairman Koo Kung-yi (辜公怡), Volvo Trucks vice president of sales and marketing Johan Selven, TCC president Roman Cheng (程耀輝) and Taikoo Motors Group
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RECORD-BREAKING: TSMC’s net profit last quarter beat market expectations by expanding 8.9% and it was the best first-quarter profit in the chipmaker’s history Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), which counts Nvidia Corp as a key customer, yesterday said that artificial intelligence (AI) server chip revenue is set to more than double this year from last year amid rising demand. The chipmaker expects the growth momentum to continue in the next five years with an annual compound growth rate of 50 percent, TSMC chief executive officer C.C. Wei (魏哲家) told investors yesterday. By 2028, AI chips’ contribution to revenue would climb to about 20 percent from a percentage in the low teens, Wei said. “Almost all the AI innovators are working with TSMC to address the