NAND flash value to grow
The output value of flash memory chips (NAND flash) will rebound this year after posting negative annual growth last year, market researcher TrendForce said. The value of flash memory chip production is expected to increase 27.2 percent annually to US$25.73 billion this year, after contracting 6.7 percent last year, TrendForce said in a note. The sector’s growth will be fueled by rising demand driven by significant growth in global shipments of smartphones, the researcher said, forecasting that about 935 million smartphones would be shipped worldwide this year, a 38 percent increase from a year ago.
Chunghwa sales increase
Flat-panel producer Chunghwa Picture Tubes Ltd (中華映管) yesterday reported its consolidated sales grew 24.7 percent to NT$5.64 billion (US$188.66 million) last month from April, a rise of 54.5 percent from the same month last year. Combined sales for the first five months of the year increased 18.9 percent to NT$22.76 billion, the company said in a stock exchange filing.
HTC names new VP
Taiwanese smartphone maker HTC Corp (宏達電) yesterday announced that it has named Lorain Wong (黃文采) as its vice president of global public relations, and corporate and internal communications. Wong is to replace Jason Gordon, who left the company last month.