With the advantage of relatively cheap office rental rates, the third phase of the Nangang Software Park (南港軟體工業園區) has attracted many large international and domestic companies, developers said yesterday.
Apart from Microsoft Corp, which has already moved into the building, it has been confirmed that Taiwan High Speed Rail Corp (THSRC, 台灣高鐵) and International Business Machines Corp (IBM) will be leasing three floors each, Hoyt Tillman, director of international marketing division at Century Development Corp (世正開發), told reporters yesterday on the sidelines of an inauguration ceremony for the building.
Century Development is in charge of the planning, development and management of the building.
The building currently has an occupancy rate of 50 percent, and is expected to reach full occupancy by year’s end, Century Development chairman Theodore Huang (黃茂雄), said yesterday.
“The monthly rental rate of the new building should fall between NT$1,200 and NT$1,500 per ping, which is cheaper than A-class office spaces in Taipei by half,” Michael Wang (王維宏), supervisor at Sinyi Commercial (信義商仲), said by telephone yesterday.
Tillman said there is one foreign high-tech company that plans to lease a total of nine floors that is scheduled to move into the building in January next year, but declined to reveal the name.
The third phase of the Nangang Software Park is estimated to help bring in 60 companies with around 4,000 employees.
Macronix International Co (旺宏), the world’s biggest NOR flash memory supplier, yesterday said it would spend NT$22 billion (US$699.1 million) on capacity expansion this year to increase its production of mid-to-low-density memory chips as the world’s major memorychip suppliers are phasing out the market. The company said its planned capital expenditures are about 11 times higher than the NT$1.8 billion it spent on new facilities and equipment last year. A majority of this year’s outlay would be allocated to step up capacity of multi-level cell (MLC) NAND flash memory chips, which are used in embedded multimedia cards (eMMC), a managed
CULPRITS: Factors that affected the slip included falling global crude oil prices, wait-and-see consumer attitudes due to US tariffs and a different Lunar New Year holiday schedule Taiwan’s retail sales ended a nine-year growth streak last year, slipping 0.2 percent from a year earlier as uncertainty over US tariff policies affected demand for durable goods, data released on Friday by the Ministry of Economic Affairs showed. Last year’s retail sales totaled NT$4.84 trillion (US$153.27 billion), down about NT$9.5 billion, or 0.2 percent, from 2024. Despite the decline, the figure was still the second-highest annual sales total on record. Ministry statistics department deputy head Chen Yu-fang (陳玉芳) said sales of cars, motorcycles and related products, which accounted for 17.4 percent of total retail rales last year, fell NT$68.1 billion, or
In the wake of strong global demand for AI applications, Taiwan’s export-oriented economy accelerated with the composite index of economic indicators flashing the first “red” light in December for one year, indicating the economy is in booming mode, the National Development Council (NDC) said yesterday. Moreover, the index of leading indicators, which gauges the potential state of the economy over the next six months, also moved higher in December amid growing optimism over the outlook, the NDC said. In December, the index of economic indicators rose one point from a month earlier to 38, at the lower end of the “red” light.
The global server market is expected to grow 12.8 percent annually this year, with artificial intelligence (AI) servers projected to account for 16.5 percent, driven by continued investment in AI infrastructure by major cloud service providers (CSPs), market researcher TrendForce Corp (集邦科技) said yesterday. Global AI server shipments this year are expected to increase 28 percent year-on-year to more than 2.7 million units, driven by sustained demand from CSPs and government sovereign cloud projects, TrendForce analyst Frank Kung (龔明德) told the Taipei Times. Demand for GPU-based AI servers, including Nvidia Corp’s GB and Vera Rubin rack systems, is expected to remain high,