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.
In Italy’s storied gold-making hubs, jewelers are reworking their designs to trim gold content as they race to blunt the effect of record prices and appeal to shoppers watching their budgets. Gold prices hit a record high on Thursday, surging near US$5,600 an ounce, more than double a year ago as geopolitical concerns and jitters over trade pushed investors toward the safe-haven asset. The rally is putting undue pressure on small artisans as they face mounting demands from customers, including international brands, to produce cheaper items, from signature pieces to wedding rings, according to interviews with four independent jewelers in Italy’s main
Japanese Prime Minister Sanae Takaichi has talked up the benefits of a weaker yen in a campaign speech, adopting a tone at odds with her finance ministry, which has refused to rule out any options to counter excessive foreign exchange volatility. Takaichi later softened her stance, saying she did not have a preference for the yen’s direction. “People say the weak yen is bad right now, but for export industries, it’s a major opportunity,” Takaichi said on Saturday at a rally for Liberal Democratic Party candidate Daishiro Yamagiwa in Kanagawa Prefecture ahead of a snap election on Sunday. “Whether it’s selling food or
CONCERNS: Tech companies investing in AI businesses that purchase their products have raised questions among investors that they are artificially propping up demand Nvidia Corp chief executive officer Jensen Huang (黃仁勳) on Saturday said that the company would be participating in OpenAI’s latest funding round, describing it as potentially “the largest investment we’ve ever made.” “We will invest a great deal of money,” Huang told reporters while visiting Taipei. “I believe in OpenAI. The work that they do is incredible. They’re one of the most consequential companies of our time.” Huang did not say exactly how much Nvidia might contribute, but described the investment as “huge.” “Let Sam announce how much he’s going to raise — it’s for him to decide,” Huang said, referring to OpenAI
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,
RSS