Innolux climbs one notch
Innolux Corp (群創) ranked as the world’s second-largest TV panel supplier last year, up one notch from a year earlier, according to Taipei-based market information advisory firm TrendForce Corp (集邦科技). TrendForce said Innolux benefited from its production of 39.5-inch TV panels and received more orders. It also won a bid to supply TV screens to the Mexican government. Innolux shipped 51.73 million TV screens last year.
HTC appoints key executives
Smartphone brand HTC Corp (宏達電) on Saturday announced key executive promotions, aiming to help the company extend its reach into the emerging virtual reality and the Internet of Things markets. The company promoted Jason Mackenzie to global executive vice president and Andre Lonne to president of HTC America. Mackenzie is to report directly to HTC chairwoman Cher Wang (王雪紅) to help the company build new business partnerships and bolster existing business relationships.
India seeking partnership
Indian Council for Scientific and Industrial Research director-general Girish Sahni plans to lead a delegation to visit Academia Sinica, the Industrial Technology Research Institute and the Hsinchu Science Park during a six-day visit that began yesterday hoping to gain information about Taiwan’s high-tech industry management and seek opportunities for innovative and technological cooperation between the two nations. The Indian delegation is interested in working with the Ministry of Science and Technology in optoelectronics, chip and system design, pharmaceutical manufacturing and machinery.
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