Infineon Technologies AG said yesterday its sales from Taiwan are expected to grow 30 percent annually over the next five years, thanks to growing demand from the communications sector and closer ties with local partners.
The anticipated growth in sales will come from rising demand in wireless, broadband and multimedia segments, Peter Bauer, Infineon's executive vice president for sales and marketing, said at the launch of the company's new Taipei head office in Nankang Software Park.
The demand for wireless, broadband and multimedia products is surging in the Asia-Pacific region, Bauer said.
"Taiwan is a key strategic market for Infineon in the Asia-Pacific region and it is one of the fastest-growing Asian operations. It is set to play a vital role in helping us to achieve our ambitious growth targets," he said.
Munich-based Infineon, the world's No.6 memory-chip maker, almost hit its sales target during its October 2002 to September 2003 fiscal year The company grew annually 20 percent to 25 percent on average over the past five years, Bauer said.
To sustain that brisk growth in Taiwan, "Infineon will double its DRAM capacity from its local partners to about 40 to 50 percent of its total production," he said.
Infineon has partnerships with Taiwanese companies such as Nanya Technology Corp (南亞科技) and Winbond Electronics Corp (華邦電子). It is working with Nanya on the development of 90-nanometer and 70-nanometer production technologies and has a production tie-up with Winbond Electronics Corp. (華邦電子) for DRAM capacity.
The German company has plans to increase its investment here within the next three years, said Loh Kin Wah (
"The increase will be at least US$1 million a year," Loh said.
It will funnel most of its new investment to Inotera Memories, its joint venture with Nanya, Loh said. The joint-venture will cost Infineon 2.2 billion euros in three years for the construction of a 12-inch fab in Taoyuan.
While Infineon's partnership with Mosel Vitelic Inc (
Infineon is forecasting even faster growth in China, where it is collaborating with the Shanghai-based Semiconductor Manufacturing International Corp (SMIC,
Taiwan’s foreign exchange reserves hit a record high at the end of last month, surpassing the US$600 billion mark for the first time, the central bank said yesterday. Last month, the country’s foreign exchange reserves rose US$5.51 billion from a month earlier to reach US$602.94 billion due to an increase in returns from the central bank’s portfolio management, the movement of other foreign currencies in the portfolio against the US dollar and the bank’s efforts to smooth the volatility of the New Taiwan dollar. Department of Foreign Exchange Director-General Eugene Tsai (蔡炯民)said a rate cut cycle launched by the US Federal Reserve
The US government on Wednesday sanctioned more than two dozen companies in China, Turkey and the United Arab Emirates, including offshoots of a US chip firm, accusing the businesses of providing illicit support to Iran’s military or proxies. The US Department of Commerce included two subsidiaries of US-based chip distributor Arrow Electronics Inc (艾睿電子) on its so-called entity list published on the federal register for facilitating purchases by Iran’s proxies of US tech. Arrow spokesman John Hourigan said that the subsidiaries have been operating in full compliance with US export control regulations and his company is discussing with the US Bureau of
Businesses across the global semiconductor supply chain are bracing themselves for disruptions from an escalating trade war, after China imposed curbs on rare earth mineral exports and the US responded with additional tariffs and restrictions on software sales to the Asian nation. China’s restrictions, the most targeted move yet to limit supplies of rare earth materials, represent the first major attempt by Beijing to exercise long-arm jurisdiction over foreign companies to target the semiconductor industry, threatening to stall the chips powering the artificial intelligence (AI) boom. They prompted US President Donald Trump on Friday to announce that he would impose an additional
Pegatron Corp (和碩), a key assembler of Apple Inc’s iPhones, on Thursday reported a 12.3 percent year-on-year decline in revenue for last quarter to NT$257.86 billion (US$8.44 billion), but it expects revenue to improve in the second half on traditional holiday demand. The fourth quarter is usually the peak season for its communications products, a company official said on condition of anonymity. As Apple released its new iPhone 17 series early last month, sales in the communications segment rose sequentially last month, the official said. Shipments to Apple have been stable and in line with earlier expectations, they said. Pegatron shipped 2.4 million notebook
RSS