Investment targets on track
The Ministry of Economic Affairs yesterday said investments from the private sector totaled NT$995.6 billion (US$32.99 billion) in the first 10 months of this year, 90.51 percent of its full-year target of NT$1.1 trillion.
New foreign investment hit US$8.85 billion in the January-to-October period, 98.36 percent of the ministry target of US$9 billion this year.
The ministry said it attracted NT$14.28 billion of investment from both domestic and foreign firms in the booming electric vehicle sector and related components during the first 10 months.
That amount already surpasses the ministry’s full-year target of NT$12 billion, it said.
Elpida sues Nanya Technology
Elpida Memory Inc said it has filed a patent lawsuit against Nanya Technology Corp (南亞科技) with the Taiwan Intellectual Property Court and the US International Trade Commission.
The Japanese chipmaker said in a statement yesterday that Nanya had violated its dynamic random access memory (DRAM) patents.
In September, Tokyo-based Elpida filed a complaint against Nanya Technology and its US unit in the Northern District Court of California, accusing the chipmaker of illegally using four of its patented technologies relating to DRAM manufacturing.
ITC delays S3 patent ruling
The US International Trade Commission (ITC) has delayed until Monday its final ruling on a complaint filed by HTC Corp (宏達電) subsidiary S3 Graphics Co against Apple Inc.
The ITC was originally scheduled to release a final ruling on the case on Tuesday, but in a notice posted on its Web site, the agency said it had decided to extend the target date for the completion of the investigation “on certain electronic devices with image processing systems, components thereof and associated software that infringe patents asserted by S3.”
S3 accused Apple in May last year of violating four patents owned by the company.
The ITC handed down a preliminary ruling in the case on July 26, in which it found that Apple’s Mac OS X system had infringed on two of S3’s texture compression patents, but that the iPhone and iPad had not.
HP to launch its first ultrabook
Hewlett-Packard Co, which last month abandoned a proposal to spin off its PC unit, plans to introduce its first lightweight ultrabook laptop to compete with Apple Inc’s MacBook Air.
The HP Folio laptop has a 13.3-inch screen and weighs 1.5kg. The PC will go on sale on Dec. 7 priced at US$900, according to a statement.
It is Hewlett-Packard’s first entry into the ultrabook category of laptops created by chipmaker Intel Corp. The Folio features a metal case, 4 gigabytes of memory, a solid-state hard drive and Intel’s Core i5 chip, HP said in the statement.
The company said the Folio’s battery can run as long as nine hours without recharging.
Euro woes weaken NT dollar
The New Taiwan dollar fell against its US counterpart yesterday, declining NT$0.020 to close at NT$30.230, a reflection of the weakness of the currencies in the Asia-Pacific region because of concerns over rising borrowing costs in debt-ridden Italy, dealers said.
The fears over the debt problems in the eurozone escalated after 10-year Italian government bond yields jumped above 7 percent again overnight, which prompted traders to forecast that the European country might need a bailout, dealers said.
Turnover totaled US$674 billion during the trading session.
SEMICONDUCTORS: The German laser and plasma generator company will expand its local services as its specialized offerings support Taiwan’s semiconductor industries Trumpf SE + Co KG, a global leader in supplying laser technology and plasma generators used in chip production, is expanding its investments in Taiwan in an effort to deeply integrate into the global semiconductor supply chain in the pursuit of growth. The company, headquartered in Ditzingen, Germany, has invested significantly in a newly inaugurated regional technical center for plasma generators in Taoyuan, its latest expansion in Taiwan after being engaged in various industries for more than 25 years. The center, the first of its kind Trumpf built outside Germany, aims to serve customers from Taiwan, Japan, Southeast Asia and South Korea,
Nvidia Corp chief executive officer Jensen Huang (黃仁勳) on Monday introduced the company’s latest supercomputer platform, featuring six new chips made by Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), saying that it is now “in full production.” “If Vera Rubin is going to be in time for this year, it must be in production by now, and so, today I can tell you that Vera Rubin is in full production,” Huang said during his keynote speech at CES in Las Vegas. The rollout of six concurrent chips for Vera Rubin — the company’s next-generation artificial intelligence (AI) computing platform — marks a strategic
Gasoline and diesel prices at domestic fuel stations are to fall NT$0.2 per liter this week, down for a second consecutive week, CPC Corp, Taiwan (台灣中油) and Formosa Petrochemical Corp (台塑石化) announced yesterday. Effective today, gasoline prices at CPC and Formosa stations are to drop to NT$26.4, NT$27.9 and NT$29.9 per liter for 92, 95 and 98-octane unleaded gasoline respectively, the companies said in separate statements. The price of premium diesel is to fall to NT$24.8 per liter at CPC stations and NT$24.6 at Formosa pumps, they said. The price adjustments came even as international crude oil prices rose last week, as traders
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), which supplies advanced chips to Nvidia Corp and Apple Inc, yesterday reported NT$1.046 trillion (US$33.1 billion) in revenue for last quarter, driven by constantly strong demand for artificial intelligence (AI) chips, falling in the upper end of its forecast. Based on TSMC’s financial guidance, revenue would expand about 22 percent sequentially to the range from US$32.2 billion to US$33.4 billion during the final quarter of 2024, it told investors in October last year. Last year in total, revenue jumped 31.61 percent to NT$3.81 trillion, compared with NT$2.89 trillion generated in the year before, according to