CHIPMAKERS
TSMC raises sales bar
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), the world’s largest contract chipmaker, yesterday reported consolidated sales of NT$80.74 billion (US$2.65 billion) for last month, its fourth consecutive month of record highs. The figure was 7.9 percent higher than in September and 55.9 percent higher than a year ago, the company said. For the first 10 months of the year, TSMC’s consolidated sales were NT$621.02 billion, up 23.5 percent from the same period last year.
MANUFACTURING
Hon Hai posts big growth
Hon Hai Precision Industry Co (鴻海精密), which assembles iPhones and iPads for Apple Inc, yesterday reported 22.58 percent annual growth in revenue for last month, bringing the figure to NT$467 billion from NT$382.62 billion. That represents a 12.35 percent increase from September’s NT$415.41 billion. In the first 10 months, revenue climbed 5.82 percent to NT$3.18 trillion, compared with NT$3 trillion in the same period last year.
TECHNOLOGY
Simplo eyes record quarter
Simplo Technology Co Ltd (新普) yesterday said its net profit in the first three quarters of the year had inched up to NT$2.37 billion from NT$2.34 billion a year ago. That translated into earnings per share of NT$7.69 during the period, compared with NT$7.14 a year earlier.
BUSINESS UPDATE: The iPhone assembler said operations outlook is expected to show quarter-on-quarter and year-on-year growth for the second quarter Hon Hai Precision Industry Co (鴻海精密) yesterday reported strong growth in sales last month, potentially raising expectations for iPhone sales while artificial intelligence (AI)-related business booms. The company, which assembles the majority of Apple Inc’s smartphones, reported a 19.03 percent rise in monthly sales to NT$510.9 billion (US$15.78 billion), from NT$429.22 billion in the same period last year. On a monthly basis, sales rose 14.16 percent, it said. The company in a statement said that last month’s revenue was a record-breaking April performance. Hon Hai, known also as Foxconn Technology Group (富士康科技集團), assembles most iPhones, but the company is diversifying its business to
Apple Inc has been developing a homegrown chip to run artificial intelligence (AI) tools in data centers, although it is unclear if the semiconductor would ever be deployed, the Wall Street Journal reported on Monday. The effort would build on Apple’s previous efforts to make in-house chips, which run in its iPhones, Macs and other devices, according to the Journal, which cited unidentified people familiar with the matter. The server project is code-named ACDC (Apple Chips in Data Center) within the company, aiming to utilize Apple’s expertise in chip design for the company’s server infrastructure, the newspaper said. While this initiative has been
GlobalWafers Co (環球晶圓), the world’s No. 3 silicon wafer supplier, yesterday said that revenue would rise moderately in the second half of this year, driven primarily by robust demand for advanced wafers used in high-bandwidth memory (HBM) chips, a key component of artificial intelligence (AI) technology. “The first quarter is the lowest point of this cycle. The second half will be better than the first for the whole semiconductor industry and for GlobalWafers,” chairwoman Doris Hsu (徐秀蘭) said during an online investors’ conference. “HBM would definitely be the key growth driver in the second half,” Hsu said. “That is our big hope
The consumer price index (CPI) last month eased to 1.95 percent, below the central bank’s 2 percent target, as food and entertainment cost increases decelerated, helped by stable egg prices, the Directorate-General of Budget, Accounting and Statistics (DGBAS) said yesterday. The slowdown bucked predictions by policymakers and academics that inflationary pressures would build up following double-digit electricity rate hikes on April 1. “The latest CPI data came after the cost of eating out and rent grew moderately amid mixed international raw material prices,” DGBAS official Tsao Chih-hung (曹志弘) told a news conference in Taipei. The central bank in March raised interest rates by