President Chain Store Corp (PCSC, 統一超商) yesterday announced a new collaboration with Hon Hai Precision Industry Co (鴻海精密) to sell tablet computers at its 7-Eleven stores.
The nation’s largest convenience store chain operator also launched sales of a new 50-inch LED TV made by Hon Hai for less than NT$20,000 (US$675), after the two started their partnership in TV sales in late June.
Hon Hai manufactures three models of Internet TV for President, under the brand of the convenience store chain’s cartoon mascot, Open, with a total of 15,000 units sold in the first three months.
PCSC is aiming to sell 3,000 units of the 7-inch tablet in the first three months of the sales, with pre-sales beginning today.
“Under our pipeline are five to 10 new products made by Hon Hai, including smartphone products,” said Liu Hong-cheng (劉鴻徵), the head of 7net, President Chain’s online shopping portal.
Liu said the company hopes the second-round sales of TV products reach the levels recorded in the first-round sales.
The portal is set to drive up revenue by 30 percent per year on the back of sales of these new products. Sales via 7net account for only about 1 percent of President’s overall revenue, but it said it would not ignore the rise in online shopping.
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
REVENUE PERFORMANCE: Cloud and network products, and electronic components saw strong increases, while smart consumer electronics and computing products fell Hon Hai Precision Industry Co (鴻海精密) yesterday posted 26.51 percent quarterly growth in revenue for last quarter to NT$2.6 trillion (US$82.44 billion), the strongest on record for the period and above expectations, but the company forecast a slight revenue dip this quarter due to seasonal factors. On an annual basis, revenue last quarter grew 22.07 percent, the company said. Analysts on average estimated about NT$2.4 trillion increase. Hon Hai, which assembles servers for Nvidia Corp and iPhones for Apple Inc, is expanding its capacity in the US, adding artificial intelligence (AI) server production in Wisconsin and Texas, where it operates established campuses. This
US President Donald Trump on Friday blocked US photonics firm HieFo Corp’s US$3 million acquisition of assets in New Jersey-based aerospace and defense specialist Emcore Corp, citing national security and China-related concerns. In an order released by the White House, Trump said HieFo was “controlled by a citizen of the People’s Republic of China” and that its 2024 acquisition of Emcore’s businesses led the US president to believe that it might “take action that threatens to impair the national security of the United States.” The order did not name the person or detail Trump’s concerns. “The Transaction is hereby prohibited,”
Garment maker Makalot Industrial Co (聚陽) yesterday reported lower-than-expected fourth-quarter revenue of NT$7.93 billion (US$251.44 million), down 9.48 percent from NT$8.76 billion a year earlier. On a quarterly basis, revenue fell 10.83 percent from NT$8.89 billion, company data showed. The figure was also lower than market expectations of NT$8.05 billion, according to data compiled by Yuanta Securities Investment and Consulting Co (元大投顧), which had projected NT$8.22 billion. Makalot’s revenue this quarter would likely increase by a mid-teens percentage as the industry is entering its high season, Yuanta said. Overall, Makalot’s revenue last year totaled NT$34.43 billion, down 3.08 percent from its record NT$35.52
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