Asustek named top brand
Asustek Computer Inc (華碩) has been named the top Taiwanese global brand for the year on an annual list released yesterday by the Ministry of Economic Affairs. The ministry praised the computer maker, which was also the top brand on the 20-company list last year, for outstanding innovation and nimble adaptation to market needs, which helped it earn a brand value of US$1.723 billion last year. Internet security firm Trend Micro Inc (趨勢科技) ranked second, one notch up from the previous year, and Want Want China Holdings Ltd (中國旺旺控股), which has diverse interests including food making and news media, was third. The survey was conducted by consultancy firm Interbrand.
Acer founder touts growth
Acer Inc (宏電) founder and former chairman Stan Shih (施振榮) said yesterday that the PC maker is showing signs of regaining its growth momentum, thanks to its organizational restructuring. Acer employee morale also has improved since the company changed its corporate culture, Shih said at a press briefing the day before his 70th birthday. Acer reported operating income of NT$1.10 billion (US$36.27 million) and an operating margin of 1.3 percent for the third quarter, showing a profit for the third straight quarter and the highest margin in three quarters. The company aims to maintain its steady growth momentum this quarter amid seasonal promotions.
TSMC to produce in China
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), the world’s largest contract chipmaker, on Tuesday said it has plans to produce a small volume of mobile chips in China made on its mature 28 nanometer (nm) manufacturing technology. The production in China is expected to account for less than 10 percent of TSMC’s planned 28nm capacity expansion, TSMC chairman Morris Chang (張忠謀) said at a press conference. “If we don’t go there, Samsung will,” Chang said of his firm’s main competitor, adding that the South Korean electronics giant has been aggressively making logic chips for use in mobile devices over the past two to three years. In the past quarter, chips made on TSMC’s advanced 20nm process made up 9 percent of its total sales, while those made on its 28nm process made up 34 percent.
Thirty-one deals inked
Representatives from Taiwanese and Chinese corporations signed 31 agreements and memorandums of understanding at a two-day Cross-Strait CEO Summit that closed on Tuesday, including 24 deals focusing on small and medium-sized enterprises and the cultural and creative industry. Next year’s summit is to be held in Nanjing, China, but the exact date has not yet been set, said former vice president Vincent Siew (蕭萬長), who was the lead coordinator of the event.
Asia dominates office prices
London’s West End remained the world’s highest-priced office market, but Asia continued to dominate the world’s most expensive office locations, accounting for three of the top five markets, according to CBRE Research’s semi-annual Global Prime Office Occupancy Costs survey. The study also found that prime rents are rising fastest in the Americas, where real-estate fundamentals continue to improve. Overall, the US accounted for five of the 10 markets with the fastest-growing prime occupancy costs, CBRE said in a press release.
NOTABLE SHIFT: By 2030, 50% of all laptops would be assembled in Southeast Asia, while Taiwan would still mostly focus on research and development, a report said Global laptop and desktop computer supply chains are expected to shift significantly away from China in the next 10 years, a Market Intelligence & Consulting Institute (MIC, 產業情報研究所) report said. By 2030, only 40 percent of global laptop production would remain in China, said the report, which was released on Thursday. “The reshuffling of the global supply chain will be one of the most important trends in the next 10 years,” the institute said in the report. “In the long run, key component makers will follow laptop assemblers in moving out of China.” The Taipei-based institute predicted most key component makers
Merck Group Taiwan yesterday said that it plans to invest substantially on expanding its fab in Kaohsiung’s Lujhu District (路竹) to better serve its local customers, including Taiwan Semiconductor Manufacturing Co (TSMC, 台積電). The company said it plans to expand its production space by 50 percent in the next five years and its workforce by about 40 percent, Merck Group Taiwan managing director Dick Hsieh (謝志宏) told a media briefing in Taipei. Hsieh declined to disclose investment details, but said that the latest investment would exceed the total amount Merck has invested in Taiwan over the past few years. Those investments would be
Yageo Corp (國巨), the world’s third-largest supplier of multilayer ceramic capacitors, has formed a strategic alliance with Hon Hai Precision Industry Co (鴻海精密) to develop key electronic components for electric vehicles and digital healthcare, it said yesterday. The alliance is to help Yageo boost its revenue from high-end components for vehicles and industrial, medical and aerospace devices, as well as those used in 5G and Internet-of-Things devices, the company said. The companies signed the strategic alliance agreement at Yageo’s headquarters in New Taipei City’s Sindian District (新店). Their cooperation is to start this quarter, the companies said in a joint statement. “Through the cooperation
SUPPLY CONSTRAINTS: The transferred orders might not provide an immediate revenue boost given local chipmakers’ high utilization rates, a senior analyst said Shares of local contract chipmakers yesterday rose as much as the 10 percent daily limit, as investors bet on orders being transferred from Semiconductor Manufacturing International Corp (SMIC, 中芯國際) after the US imposed export restrictions on the Chinese chipmaker. United Microelectronics Corp (UMC, 聯電) shares soared 10 percent to close at NT$27.5 as 380 million shares changed hands on the Taiwan Stock Exchange. UMC is the world’s No. 3 foundry by revenue, followed by SMIC, according to data from market researcher TrendForce Corp (集邦科技). UMC has product and customer portfolios similar to those of SMIC, TrendForce said, adding that UMC offers 14-nanometer and