Taiwan Land Development Corp (TLDC, 台灣土地開發) yesterday announced it has partnered with WPC Media Services to build a digital data bank aimed at serving media and entertainment companies at a lower cost.
The partnership is the latest move by the local developer to realize the “Huallywood” project, a studio park in Hualien County that is intended to be the nation’s answer to Hollywood.
The cloud-based data bank is the result of months of research aided by Canada-based Cameron Thomson Group, a provider of outsourced business development solutions for the media, entertainment and technology sectors.
The joint venture aims to create an end-to-end ecosystem in Hualien to assist global film and TV producers by facilitating content development, production, distribution and monetization, TLDC chairman Chiu Fu-sheng (邱復生) said.
WCP Media is a Swiss-based entertainment software and services company that manages, markets, and distributes content to business partners and clients.
Business-to-business asset management and logistics of high bandwidth and lower compression media during production and distribution still rely mainly on physical transfers using materials such as hard discs or tapes, WCP vice president Giovanni Contri said in Taipei.
Some processing laboratories have made partial transitions to digital media production and distribution, but the market is highly fragmented, Contri said.
This fragmented approach creates confusion and slows efficiency, while the flow of materials is insecure and requires much higher costs, Contri said.
In addition, piracy risks escalate, adding pressure on how the digital content is stored, handled and transferred, Contri said.
The WCP platform supports feature film and TV series production, as well as finished catalogue distribution, cutting production costs by 20 to 40 percent, Contri said.
Tesla Inc temporarily halted some production at its auto assembly plant in California because of problems with its supply chain, but work has begun to resume, CEO Elon Musk told employees in an e-mail on Thursday. “We are experiencing some parts supply issues, so took the opportunity to bring Fremont production down for a few days to do equipment upgrades and maintenance,” Musk said in an all-staff message seen by Bloomberg. The factory was “back up and running as of yesterday,” and would rapidly ramp up to full production of Model 3 and Model Y cars “over the next several days,”
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) is expected to post a 25 percent year-on-year increase in sales in the first quarter of this year to US$12.91 billion, up from US$10.31 billion a year earlier, as its production is at full capacity, market advisory firm TrendForce Corp said in a note last week. The increase would help TSMC cement its leadership in the industry by taking a 56 percent market share in the global pure wafer foundry business, TrendForce said. Its forecast was in line with TSMC’s estimate in January, which pointed to a range of US$12.7 billion to US$13 billion for the
MULTI-USE: The arrangement of seats in future vehicles would be different, allowing passengers to do everything they do at home, the CEO of the firm’s EV platform said Electric vehicles (EVs) developed on a Hon Hai Precision Industry Co (鴻海精密) platform would be built like “a smartphone on a different platform,” Jack Cheng (鄭顯聰), chief executive officer of the Hon Hai-initiated MIH Open Platform Alliance, said on Saturday. It would be the ultimate goal to make vehicles built on the platform an extension of the driver’s home, he said during an online presentation. The alliance aims to provide resources to automakers and boost Taiwan’s EV development, with a vision to make an EV its owner’s “second home,” Cheng said. “Whatever they can do in their home, they will be able
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) was on Thursday set to sell local currency bonds, as it prepared for a spending blitz amid a global chip shortage. The world’s largest contract chipmaker planned to price about NT$16 billion (US$565.25 million) of notes in three parts in an auction, though the actual issuance size might change. The manufacturer would have to contend with a recent rise in rates globally that has sent many corporate bond yields up from record lows in the past few weeks. The debt offering comes at a promising time for the semiconductor industry as the world scrambles its way