PC chip sales facing eclipse
Global sales of communications chips will surpass computer IC sales this year for the first time thanks to robust smartphone shipments and sluggish notebook PC sales, market research firm IC Insights forecast yesterday. Worldwide communications IC sales are expected to reach US$99.4 billion this year, US$1.4 billion higher than the projected US$98 billion in PC chip sales, IC Insights said in a research report. It also forecast that the communications IC market could register a compound annual growth rate of 16 percent for the period from 2009 to this year, compared with a compound annual growth rate of only about 3 percent for the PC chip market.
Firms bag Mexican orders
Taiwanese companies fared well at an international electric and lighting show in Mexico, the Taiwan External Trade Development Council (TAITRA, 外貿協會) said. During the three-day Expo Electrica in Mexico City that ended on Friday last week, 16 Taiwanese firms secured US$5.2 million in orders, TAITRA said in a press release.Mexico enjoys tariff-free or low-tariff deals with 44 countries, making it a gateway for Taiwanese exporters, the trade body added.
Solar energy target raised
The Bureau of Energy on Tuesday raised the nation’s target for installed solar-power capacity to 175 megawatts (MW) this year, from 130MW, the second time the target has been raised in eight months. The government hopes to increase the nation’s use of solar power and boost its solar cell industry and according to the bureau, the strategy could help increase the domestic solar industry’s output value by NT$17.5 billion (US$580 million) a year.