China is seeking new cooperative ventures with Taiwanese manufacturers to seize new business opportunities in the fields of smart devices and cloud computing as well as develop its own technologies and supply chain, a Chinese official said yesterday.
Discussing the paradigm shift from PCs to smart devices in the communications industry, Chinese Deputy Minister of Industry and Information Technology Xi Guohua (奚國華) said: “This change will pose a challenge for China ... The two sides [Taiwan and China] should collaborate to form smart devices [supply chain] including microprocessors, allowing us to benefit from this change.”
“Taiwan and China complement each other,” with China’s huge domestic market and Taiwan is good at expert manufacturing, Xi told a forum arranged by the Sinocon Industrial Standards Foundation (華 聚產業共同標準推動基金會) in Taipei.
The fact that Apple Inc enjoys a higher profit margin than Microsoft Corp reflects this trend, as Apple’s iPhone and iPad have altered the way people use handheld devices, Xi added.
The emergence of cloud computing technology would accelerate this industry shift, with shipments of smart devices expected to exceed laptop computer shipments soon, Xi said, adding that cloud computing technology could be another key area of collaboration between Taiwan and China. He did not provide any further details.
As the urbanization of rural areas was one of the key programs in China’s new five-year economic development plan, Xi said that could prove a boon for Taiwanese manufacturers.
This program also intends to expand the spread of broadband links to the Internet and boost connectivity in remote rural villages, following the almost universal adoption of telephones and electricity in targeted areas, Xi said.
“We will need a lot of networking equipment for infrastructure deployment and a lot of portable devices such as smartphones,” Xi told reporters.
No specific procurement deals had yet been finalized, he said.
Yesterday, Taiwan inked three new memorandums of understandings with China to push for the formation of common technology standards in the LCD, LED lighting and solar sectors, paving the way for Taiwanese companies to establish a larger presence in the Chinese market.
“Common technological standards will provide a basis for companies to sell new products to the market,” Xi said.
On Monday, Xi is scheduled to visit Hon Hai Precision Industry Co (鴻海精密), which makes iPhones and iPads, local solar cell maker Neo Solar Power Corp (新日光), laptop maker Asustek Computer Inc (華碩電腦) and Delta Electronics (台達電) as well as other local firms, Sinocon foundation said.
Intel Corp chief executive officer Lip-Bu Tan (陳立武) is expected to meet with Taiwanese suppliers next month in conjunction with the opening of the Computex Taipei trade show, supply chain sources said on Monday. The visit, the first for Tan to Taiwan since assuming his new post last month, would be aimed at enhancing Intel’s ties with suppliers in Taiwan as he attempts to help turn around the struggling US chipmaker, the sources said. Tan is to hold a banquet to celebrate Intel’s 40-year presence in Taiwan before Computex opens on May 20 and invite dozens of Taiwanese suppliers to exchange views
Application-specific integrated circuit designer Faraday Technology Corp (智原) yesterday said that although revenue this quarter would decline 30 percent from last quarter, it retained its full-year forecast of revenue growth of 100 percent. The company attributed the quarterly drop to a slowdown in customers’ production of chips using Faraday’s advanced packaging technology. The company is still confident about its revenue growth this year, given its strong “design-win” — or the projects it won to help customers design their chips, Faraday president Steve Wang (王國雍) told an online earnings conference. “The design-win this year is better than we expected. We believe we will win
Chizuko Kimura has become the first female sushi chef in the world to win a Michelin star, fulfilling a promise she made to her dying husband to continue his legacy. The 54-year-old Japanese chef regained the Michelin star her late husband, Shunei Kimura, won three years ago for their Sushi Shunei restaurant in Paris. For Shunei Kimura, the star was a dream come true. However, the joy was short-lived. He died from cancer just three months later in June 2022. He was 65. The following year, the restaurant in the heart of Montmartre lost its star rating. Chizuko Kimura insisted that the new star is still down
While China’s leaders use their economic and political might to fight US President Donald Trump’s trade war “to the end,” its army of social media soldiers are embarking on a more humorous campaign online. Trump’s tariff blitz has seen Washington and Beijing impose eye-watering duties on imports from the other, fanning a standoff between the economic superpowers that has sparked global recession fears and sent markets into a tailspin. Trump says his policy is a response to years of being “ripped off” by other countries and aims to bring manufacturing to the US, forcing companies to employ US workers. However, China’s online warriors
RSS