The government will spend about NT$75 million (US$2.3 million) to help traditional manufacturing companies integrate information and communication technology, with the aim of increasing their combined production value by at least NT$1.8 billion by the end of this year, the Ministry of Economic Affairs said yesterday.
The information and communications technology (ICT) project — launched for traditional manufacturing industries for the first time — is also expected to increase private investment by more than NT$100 million by the end of the year, the Industrial Development Bureau said.
A total of 30 projects applying for ICT applications were selected from nearly 100 applications in April, with subsidies of between NT$2 million and NT$5 million granted, a bureau official said.
Among them, Tex-Ray Industrial Co (南緯實業) plans to hook up its smart clothes products — which can monitor heartbeat and provide electrocardiograms — with security systems and medical service providers to develop an individual healthcare service module that is expected to be sold to hospitals and health centers and achieve around NT$80 million in production value in two to three years, the official said.
Sanitary wares supplier Hocheng Corp (HCG, 和成集團) was selected for its plan to transform into a solution provider for all home facilities, which is expected to increase its sales by 5 percent and sharply lower its after-sales costs by 30 percent by the end of this year, the official said.
Quanta Computer Inc (廣達) chairman Barry Lam (林百里) is expected to share his views about the artificial intelligence (AI) industry’s prospects during his speech at the company’s 37th anniversary ceremony, as AI servers have become a new growth engine for the equipment manufacturing service provider. Lam’s speech is much anticipated, as Quanta has risen as one of the world’s major AI server suppliers. The company reported a 30 percent year-on-year growth in consolidated revenue to NT$1.41 trillion (US$43.35 billion) last year, thanks to fast-growing demand for servers, especially those with AI capabilities. The company told investors in November last year that
Intel Corp has named Tasha Chuang (莊蓓瑜) to lead Intel Taiwan in a bid to reinforce relations between the company and its Taiwanese partners. The appointment of Chuang as general manager for Intel Taiwan takes effect on Thursday, the firm said in a statement yesterday. Chuang is to lead her team in Taiwan to pursue product development and sales growth in an effort to reinforce the company’s ties with its partners and clients, Intel said. Chuang was previously in charge of managing Intel’s ties with leading Taiwanese PC brand Asustek Computer Inc (華碩), which included helping Asustek strengthen its global businesses, the company
Taiwanese suppliers to Taiwan Semiconductor Manufacturing Co. (TSMC, 台積電) are expected to follow the contract chipmaker’s step to invest in the US, but their relocation may be seven to eight years away, Minister of Economic Affairs J.W. Kuo (郭智輝) said yesterday. When asked by opposition Chinese Nationalist Party (KMT) Legislator Niu Hsu-ting (牛煦庭) in the legislature about growing concerns that TSMC’s huge investments in the US will prompt its suppliers to follow suit, Kuo said based on the chipmaker’s current limited production volume, it is unlikely to lead its supply chain to go there for now. “Unless TSMC completes its planned six
Power supply and electronic components maker Delta Electronics Inc (台達電) yesterday said it plans to ship its new 1 megawatt charging systems for electric trucks and buses in the first half of next year at the earliest. The new charging piles, which deliver up to 1 megawatt of charging power, are designed for heavy-duty electric vehicles, and support a maximum current of 1,500 amperes and output of 1,250 volts, Delta said in a news release. “If everything goes smoothly, we could begin shipping those new charging systems as early as in the first half of next year,” a company official said. The new
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