Mio Technology Ltd (
The company has been enjoying strong momentum in recent years, with worldwide shipments this year expected to more than double to 3.5 million units, Samuel Wang, president of Mio Technology, told reporters yesterday.
Last year's shipments totaled 1.6 million units, nearly twice the 900,000 units in 2005, according to company statistics.
"Driven by sales in the US and Europe, we will see rosy prospects this year," Wang said.
Mio Technology only moved into the competitive US market at the end of last year, yet has already managed to gain a 6 percent market share, Wang said, adding that it aimed to boost share to 11 percent at around 700,000 units this year.
In Eastern Europe, which is the company's major market, sales are expected to rise to 1.7 million units from 0.9 million last year, he said.
If the shipment target is met, Wang said that the company was confident it would post NT$30 billion (US$913.3 million) in sales for this year -- up from NT$13 billion last year.
According to researcher Gartner Inc, Mio Technology ranked fifth in worldwide personal digital assistant (PDA) shipments in the third quarter last year.
Shipments grew 86 percent from one year ago because of high demand for PDAs that feature GPS navigation capabilities.
Mio Technology announced yesterday that it would launch a new service next month that offered real-time information on weather, parking space availability and traffic conditions to local users for free.
Mio Technology is the marketing arm of MiTAC International Corp (
MiTAC branched out into the high-margin GPS-device market in November 2003
with the Mio brand.
MiTAC, which also produces desktop computers, motherboards and servers, is
expected to churn out a total of 7 million GPS devices this year, up from
last year's 4.5 million, according to Wang.
There is no plan to separate its own brand business from contract
production, as clients are not concerned about a differentiation as long as
MiTAC continues to offer them competitive production and pricings, he said.
MiTAC shares closed down 1.2 percent to NT$40.75 on the Taiwan Stock
Exchange yesterday.
SEMICONDUCTOR SERVICES: A company executive said that Taiwanese firms must think about how to participate in global supply chains and lift their competitiveness Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday said it expects to launch its first multifunctional service center in Pingtung County in the middle of 2027, in a bid to foster a resilient high-tech facility construction ecosystem. TSMC broached the idea of creating a center two or three years ago when it started building new manufacturing capacity in the US and Japan, the company said. The center, dubbed an “ecosystem park,” would assist local manufacturing facility construction partners to upgrade their capabilities and secure more deals from other global chipmakers such as Intel Corp, Micron Technology Inc and Infineon Technologies AG, TSMC said. It
People walk past advertising for a Syensqo chip at the Semicon Taiwan exhibition in Taipei yesterday.
NO BREAKTHROUGH? More substantial ‘deliverables,’ such as tariff reductions, would likely be saved for a meeting between Trump and Xi later this year, a trade expert said China launched two probes targeting the US semiconductor sector on Saturday ahead of talks between the two nations in Spain this week on trade, national security and the ownership of social media platform TikTok. China’s Ministry of Commerce announced an anti-dumping investigation into certain analog integrated circuits (ICs) imported from the US. The investigation is to target some commodity interface ICs and gate driver ICs, which are commonly made by US companies such as Texas Instruments Inc and ON Semiconductor Corp. The ministry also announced an anti-discrimination probe into US measures against China’s chip sector. US measures such as export curbs and tariffs
The US on Friday penalized two Chinese firms that acquired US chipmaking equipment for China’s top chipmaker, Semiconductor Manufacturing International Corp (SMIC, 中芯國際), including them among 32 entities that were added to the US Department of Commerce’s restricted trade list, a US government posting showed. Twenty-three of the 32 are in China. GMC Semiconductor Technology (Wuxi) Co (吉姆西半導體科技) and Jicun Semiconductor Technology (Shanghai) Co (吉存半導體科技) were placed on the list, formally known as the Entity List, for acquiring equipment for SMIC Northern Integrated Circuit Manufacturing (Beijing) Corp (中芯北方積體電路) and Semiconductor Manufacturing International (Beijing) Corp (中芯北京), the US Federal Register posting said. The
RSS