MediaTek Inc (聯發科), which designs chips for smartphone vendor Xiaomi Corp (小米), is expected to see its revenue grow by 17.6 percent annually this year, benefiting primarily from strong growth at Chinese smartphone vendors, TrendForce Corp (集邦科技) said yesterday.
MediaTek is one of few chip designers that would see its revenue grow by a double-digit percentage from a year earlier, TrendForce said.
The company’s revenue is to expand to US$8.9 billion this year, compared with U$7.59 billion last year, retaining its position as the world’s third-biggest chip designer, the Taipei-based market researcher said.
The Hsinchu-based company has a long list of Chinese clients, including Oppo Mobile Telecommunications Corp (歐珀移動) and Vivo Electronics Corp (維沃移動通信).
MediaTek expects its market share in China to rise to between 40 and 50 percent this year, from 40 percent last year.
Realtek Semiconductor Corp (瑞昱), which is also a Hsinchu-based supplier of Wi-Fi and TV chips, is in the world’s top 10 chip designer list for the first time this year with revenue expected to rise 22.5 percent annually to US$1.25 billion, TrendForce said.
Qualcomm Inc this year retained its position as the world’s No. 1 mobile phone chipmaker, but its revenue is to shrink 4.5 percent annually from last year’s US$16 billion to US$15.28 billion, TrendForce said.
Intensifying competition from MediaTek and Chinese rivals, namely Hisilicon Technologies Co (海思半導體) and Spreadtrum Communications Inc (展訊), is the reason for the decline, TrendForce said.
Qualcomm’s revenue was also affected by the recall of Samsung’s flagship smartphone, the Galaxy Note 7, TrendForce said.
HiSilicon Technologies, a chip arm of Huawei Technologies Co (華為), is expected to see its revenue increase 11.8 percent to US$3.98 billion, while Spreadtrum Communications is expected to see its revenue grow by 8.1 percent this year to US$1.91 billion, TrendForce said.
Stephen Garrett, a 27-year-old graduate student, always thought he would study in China, but first the country’s restrictive COVID-19 policies made it nearly impossible and now he has other concerns. The cost is one deterrent, but Garrett is more worried about restrictions on academic freedom and the personal risk of being stranded in China. He is not alone. Only about 700 American students are studying at Chinese universities, down from a peak of nearly 25,000 a decade ago, while there are nearly 300,000 Chinese students at US schools. Some young Americans are discouraged from investing their time in China by what they see
Taiwan Transport and Storage Corp (TTS, 台灣通運倉儲) yesterday unveiled its first electric tractor unit — manufactured by Volvo Trucks — in a ceremony in Taipei, and said the unit would soon be used to transport cement produced by Taiwan Cement Corp (TCC, 台灣水泥). Both TTS and TCC belong to TCC International Holdings Ltd (台泥國際集團). With the electric tractor unit, the Taipei-based cement firm would become the first in Taiwan to use electric vehicles to transport construction materials. TTS chairman Koo Kung-yi (辜公怡), Volvo Trucks vice president of sales and marketing Johan Selven, TCC president Roman Cheng (程耀輝) and Taikoo Motors Group
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New apartments in Taiwan’s major cities are getting smaller, while old apartments are increasingly occupied by older people, many of whom live alone, government data showed. The phenomenon has to do with sharpening unaffordable property prices and an aging population, property brokers said. Apartments with one bedroom that are two years old or older have gained a noticeable presence in the nation’s six special municipalities as well as Hsinchu county and city in the past five years, Evertrust Rehouse Co (永慶房產集團) found, citing data from the government’s real-price transaction platform. In Taipei, apartments with one bedroom accounted for 19 percent of deals last