TELECOMS
Chunghwa inks MOUs
Chunghwa Telecom Co (中華電信) yesterday signed memorandums of understanding (MOUs) on near-field communication (NFC) services with mobile network operators in Japan and Hong Kong. The memorandums with Japan-based KDDI and Hong Kong-based PCCW (電訊盈科) were signed during the Mobile Asia Expo under way in Shanghai, China. The agreements will give Chunghwa’s clients access to NFC-based mobile payments and services while traveling in Japan and Hong Kong and vice versa. Lin Kuo-feng (林國豐), president of Chunghwa’s mobile business group, said the company would continue to invest in NFC and QR code applications in light of the increased popularity of mobile payments.
AVIATION
AIDC to boost outsourcing
The Aerospace Industrial Development Corp (AIDC, 漢翔航空工業), a government-owned civilian and military aircraft manufacturer, yesterday said it plans to pass along more orders from airline companies for aircraft frames and engines to local suppliers, to help strengthen Taiwanese aircraft manufacturers’ competitiveness in the global market. The corporation said 109 firms that have met ISO9001 and A9100 standards will be eligible to supply aircraft frames and engines to it, a statement posted on the Ministry of Economic Affairs’ Web site said. AIDC said its increased outsourcing would help boost local suppliers’ sales by 30 percent this year.
WASHINGTON’S INCENTIVES: The CHIPS Act set aside US$39 billion in direct grants to persuade the world’s top semiconductor companies to make chips on US soil The US plans to award more than US$6 billion to Samsung Electronics Co, helping the chipmaker expand beyond a project in Texas it has already announced, people familiar with the matter said. The money from the 2022 CHIPS and Science Act would be one of several major awards that the US Department of Commerce is expected to announce in the coming weeks, including a grant of more than US$5 billion to Samsung’s rival, Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), people familiar with the plans said. The people spoke on condition of anonymity in advance of the official announcements. The federal funding for
HIGH DEMAND: The firm has strong capabilities of providing key components including liquid cooling technology needed for AI servers, chairman Young Liu said Hon Hai Precision Industry Co (鴻海精密) yesterday revised its revenue outlook for this year to “significant” growth from a “neutral” view forecast five months ago, due to strong demand for artificial intelligence (AI) servers from cloud service providers. Hon Hai, a major assembler of iPhones that is also known as Foxconn, expects AI server revenues to soar more than 40 percent annually this year, chairman Young Liu (劉揚偉) told investors. The robust growth would uplift revenue contribution from AI servers to 40 percent of the company’s overall server revenue this year, from 30 percent last year, Liu said. In the three-year period
LONG HAUL: Largan Energy Materials’ TNO-based lithium-ion batteries are expected to charge in five minutes and last about 20 years, far surpassing conventional technology Largan Precision Co (大立光) has formed a joint venture with the Industrial Technology Research Institute (ITRI, 工研院) to produce fast-charging, long-life lithium-ion batteries for electric vehicles, mobile electronics and electric storage units, the camera lens supplier for Apple Inc’s iPhones said yesterday. Largan Energy Materials Co (萬溢能源材料), established in January, is developing high-energy, fast-charging, long-life lithium-ion batteries using titanium niobium oxide (TNO) anodes, it said. TNO-based batteries can be fully charged in five minutes and have a lifespan of 20 years, a major advantage over the two to four hours of charging time needed for conventional graphite-anode-based batteries, Largan said in a
Taiwan is one of the first countries to benefit from the artificial intelligence (AI) boom, but because that is largely down to a single company it also represents a risk, former Google Taiwan managing director Chien Lee-feng (簡立峰) said at an AI forum in Taipei yesterday. Speaking at the forum on how generative AI can generate possibilities for all walks of life, Chien said Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) — currently among the world’s 10 most-valuable companies due to continued optimism about AI — ensures Taiwan is one of the economies to benefit most from AI. “This is because AI is