Taiwan’s optoelectronics industry posted a record output value last year by hitting NT$2.27 trillion (US$77.6 billion) amid strong international demand for Taiwanese solar components, LED lighting and electronic paper, the Photonics Industry and Technology Development Association (PIDA, 光電科技工業協進會) said yesterday.
The figure, up 37 percent from last year, smashed the record set in 2007, the association said.
The output value meant Taiwan seized an 18 percent share of the global optoelectronics market, Murphy Lin (林穎毅), director of PIDA’s industry and technology research division, told a media briefing.
“Flat-panel displays have led the growth of Taiwan’s optoelectronics industry for the last 10 years,” he said. “For the next five years, solar power and LED will take center stage.”
There have been signs supporting the trend, he said, as solar modules and solar systems reported the highest output growth last year among all optoelectronics products, by increasing 470 percent and 433 percent respectively.
The third-highest growth came from LED lighting, which expanded 130 percent, Lin said.
The output of the solar power sector is forecast to hit NT$299.8 billion in 2013, from NT$189.5 billion last year, according to PIDA’s statistics.
Asia has increased its weight in world solar battery production, with China commanding 38 percent of the production share last year, Taiwan taking 12 percent and Japan 11 percent, Lin said.
Production shares of Germany and the US were 14 percent and 13 percent respectively last year, the association said.
In terms of the LED sector, PIDA industrial analyst Deaphne Kuo (郭子菱) said the sector will see a boost as more Asian countries, such as Japan, Taiwan and China, deploy LEDs for street lamps and in government offices.
The falling price tags would also add to the attractiveness for people to buy LED lighting, she said.
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