ELECTRONICS
LED penetration to hit 23%
The global market penetration rate of LED commercial lighting will soar this year amid growing popularity of the product, LEDinside said in a recent research note, adding that the growth of the global LED commercial lighting market penetration rate will reach 23 percent by the end of the year. The global LED tube market totaled US$2.58 billion last year and will increase substantially to US$8.87 billion by 2018, with Europe, North America and China set to become major markets within the next five years, the market researcher said. Manufacturers should grab this opportunity and improve their products, such as boosting luminous efficacy, lifespan and light quality, LEDinside said. Luminous efficiency, lighting uniformity, color rendering and lifespan are still considered key technologies, it added.
FOOD
Show draws 1,500 exhibitors
This year’s annual Taipei International Food Show, scheduled to open on June 25, has attracted more than 1,500 local and foreign exhibitors occupying more than 3,700 booths, the Taiwan External Trade Development Council (TAITRA) said yesterday in a statement. The four-day event, which coincides with four other related packaging, processing, machinery and halal food shows, will run until June 28 at the Taipei World Trade Center Nangang Exhibition Hall and Exhibition Hall 1. It is expected to attract more than 6,500 international buyers and 58,000 local visitors, TAITRA said. Each day between 1pm and 2pm, there will be promotions for 30 national pavilions, the organizers said. In addition to new product launches, the organizers will also host cooking shows and other promotional activities during the show.
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) last week recorded an increase in the number of shareholders to the highest in almost eight months, despite its share price falling 3.38 percent from the previous week, Taiwan Stock Exchange data released on Saturday showed. As of Friday, TSMC had 1.88 million shareholders, the most since the week of April 25 and an increase of 31,870 from the previous week, the data showed. The number of shareholders jumped despite a drop of NT$50 (US$1.59), or 3.38 percent, in TSMC’s share price from a week earlier to NT$1,430, as investors took profits from their earlier gains
In a high-security Shenzhen laboratory, Chinese scientists have built what Washington has spent years trying to prevent: a prototype of a machine capable of producing the cutting-edge semiconductor chips that power artificial intelligence (AI), smartphones and weapons central to Western military dominance, Reuters has learned. Completed early this year and undergoing testing, the prototype fills nearly an entire factory floor. It was built by a team of former engineers from Dutch semiconductor giant ASML who reverse-engineered the company’s extreme ultraviolet lithography (EUV) machines, according to two people with knowledge of the project. EUV machines sit at the heart of a technological Cold
Taiwan’s long-term economic competitiveness will hinge not only on national champions like Taiwan Semiconductor Manufacturing Co. (TSMC, 台積電) but also on the widespread adoption of artificial intelligence (AI) and other emerging technologies, a US-based scholar has said. At a lecture in Taipei on Tuesday, Jeffrey Ding, assistant professor of political science at the George Washington University and author of "Technology and the Rise of Great Powers," argued that historical experience shows that general-purpose technologies (GPTs) — such as electricity, computers and now AI — shape long-term economic advantages through their diffusion across the broader economy. "What really matters is not who pioneers
TAIWAN VALUE CHAIN: Foxtron is to fully own Luxgen following the transaction and it plans to launch a new electric model, the Foxtron Bria, in Taiwan next year Yulon Motor Co (裕隆汽車) yesterday said that its board of directors approved the disposal of its electric vehicle (EV) unit, Luxgen Motor Co (納智捷汽車), to Foxtron Vehicle Technologies Co (鴻華先進) for NT$787.6 million (US$24.98 million). Foxtron, a half-half joint venture between Yulon affiliate Hua-Chuang Automobile Information Technical Center Co (華創車電) and Hon Hai Precision Industry Co (鴻海精密), expects to wrap up the deal in the first quarter of next year. Foxtron would fully own Luxgen following the transaction, including five car distributing companies, outlets and all employees. The deal is subject to the approval of the Fair Trade Commission, Foxtron said. “Foxtron will be
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