Taiwan is expected to become an international hub for “smart city” industrial development, Taipei Computer Association (TCA, 台北市電腦公會) chairman Tung Tzu-hsien (童子賢) said yesterday.
“The scale and the number of international participants of the Smart City Summit and Expo this year are the largest since the first exhibition in 2014. This suggests Taiwan’s rising position amid smart city industry development,” Tung told reporters on the sidelines of the annual expo at the Taipei Nangang Exhibition Hall.
The association’s 2014 smart city exhibition was the first such exhibition in Asia and was designed to demonstrate the applications of big data, cloud-computing and the Internet of Things in modern cities.
The association invited representatives from about 50 nations to this year’s show, with 200 domestic and international information and communications technology companies setting up 900 booths at the fair, an increase of 20 percent from last year, Tung said.
The fair allows large Taiwanese companies such as Acer Inc (宏碁), Asustek Computer Inc (華碩) and Tatung Co (大同), as well as small and medium-sized firms to showcase their smart city solutions to international visitors, he said.
Many of the exhibitors are promoting solutions for air pollution monitoring, traffic management and emergency care for elderly people, he said.
Tung said he is optimistic Taiwan can become a hub for smart city industry, where global enterprises or cities come to Taiwan seeking solutions, and local governments could offer pilot spaces for firms to experiment with their applications.
Acer yesterday announced it would collaborate with the Tainan City Government and the Tainan University of Technology to provide the first smart parking meter system for roadside parking in the nation.
The system uses sensors and a mobile application to help drivers find parking spaces.
The smart parking meter identifies the vehicle’s license plate and offers the user payment options, Acer said.
Acer e-business group president Ben Wan (萬以寧) said the app could save drivers from wasting time looking for parking and help improve traffic flow during peak hours.
Wan said he hopes to continue working with the city government to expand the scope of Acer’s smart parking meter system.
Shares in Taiwan closed at a new high yesterday, the first trading day of the new year, as contract chipmaker Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) continued to break records amid an artificial intelligence (AI) boom, dealers said. The TAIEX closed up 386.21 points, or 1.33 percent, at 29,349.81, with turnover totaling NT$648.844 billion (US$20.65 billion). “Judging from a stronger Taiwan dollar against the US dollar, I think foreign institutional investors returned from the holidays and brought funds into the local market,” Concord Securities Co (康和證券) analyst Kerry Huang (黃志祺) said. “Foreign investors just rebuilt their positions with TSMC as their top target,
REVENUE PERFORMANCE: Cloud and network products, and electronic components saw strong increases, while smart consumer electronics and computing products fell Hon Hai Precision Industry Co (鴻海精密) yesterday posted 26.51 percent quarterly growth in revenue for last quarter to NT$2.6 trillion (US$82.44 billion), the strongest on record for the period and above expectations, but the company forecast a slight revenue dip this quarter due to seasonal factors. On an annual basis, revenue last quarter grew 22.07 percent, the company said. Analysts on average estimated about NT$2.4 trillion increase. Hon Hai, which assembles servers for Nvidia Corp and iPhones for Apple Inc, is expanding its capacity in the US, adding artificial intelligence (AI) server production in Wisconsin and Texas, where it operates established campuses. This
H200 CHIPS: A source said that Nvidia has asked the Taiwanese company to begin production of additional chips and work is expected to start in the second quarter Nvidia Corp is scrambling to meet demand for its H200 artificial intelligence (AI) chips from Chinese technology companies and has approached contract manufacturer Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) to ramp up production, sources said. Chinese technology companies have placed orders for more than 2 million H200 chips for this year, while Nvidia holds just 700,000 units in stock, two of the people said. The exact additional volume Nvidia intends to order from TSMC remains unclear, they said. A third source said that Nvidia has asked TSMC to begin production of the additional chips and work is expected to start in the second
US President Donald Trump on Friday blocked US photonics firm HieFo Corp’s US$3 million acquisition of assets in New Jersey-based aerospace and defense specialist Emcore Corp, citing national security and China-related concerns. In an order released by the White House, Trump said HieFo was “controlled by a citizen of the People’s Republic of China” and that its 2024 acquisition of Emcore’s businesses led the US president to believe that it might “take action that threatens to impair the national security of the United States.” The order did not name the person or detail Trump’s concerns. “The Transaction is hereby prohibited,”
RSS