Advantech Co (研華), the world’s biggest maker of industrial computers, expects increasing industrial automation demand from China to boost its industrial Internet of Things (IoT) business revenue in the region by a double-digit percentage next year, extending this year’s growth momentum.
China’s fast-growing electronics and automotive sectors are fueling demand for robots and automation as Chinese manufacturers battle rising labor costs, Advantech industrial IoT group vice president Allan Tsay (蔡奇男) told reporters on the sidelines of the Taiwan Automation Intelligence and Robot Show at Taipei’s Nangang Exhibition Center, Hall 1.
Chinese manufacturers’ latest push for “intelligent” factories is driving demand for industrial Internet of Things solutions, Tsay said.
Rising demand from Chinese firms in Apple Inc’s supply chain to automate production lines ahead of the launch of Apple’s new iPhones has also boosted orders, he added.
Automation deployment in China helped boost Advantech’s industrial IoT revenue in the region by more than 10 percent annually in the first half of this year, Tsay said.
The growth momentum will carry into the second half and is expected to strengthen next year as local Chinese governments aim to roll out more “smart” city projects, especially intelligent rail systems, he added.
“Smart cities will be the next leg of growth, following intelligent manufacturing,” Tsay said.
Increasing uptake of wireless technologies such as narrow-band Internet of Things and long-range wide area networks facilitate the deployment of smart cities because of broader Internet coverage, he added.
Advantech offers a total solution for industrial automation, including hardware and software for data collection and big data analysis, he added.
A new cloud-enabled platform, dubbed WISE-PaaS, will allow customers to monitor and manage production lines from a remote “war room,” Advantech said.
By offering tailor-made services for diverse sectors, Advantech expects the number of its WISE-PaaS partners to rise to 400 within the next three years, compared with the current 57, Tsay said.
WISE-PaaS can be adapted for factory environment surveillance, such as monitoring energy consumption, wastewater or air pollution at different facilities, he said.
Advantech reported revenue of NT$3.82 billion (US$127.07 million) for last month, up 11.17 percent monthly and 6.8 percent annually. Cumulative revenue in the first eight months totaled NT$28.68 billion, up 3.7 percent annually.
The domestic unit of the Chinese-owned, Dutch-headquartered chipmaker Nexperia BV will soon be able to produce semiconductors locally within China, according to two company sources. Nexperia is at the center of a global tug-of-war over critical semiconductor technology, with a Dutch court in February ordering a probe into alleged mismanagement at the company. The geopolitical tussle has disrupted supply chains, with some carmakers reportedly forced to cut production due to chip shortages. Local production would allow Nexperia’s domestic arm, Nexperia Semiconductors (China) Ltd (安世半導體中國), to bypass restrictions in place since October on the supply of silicon wafers — etched with tiny components to
Taiwan is open to joining a global liquefied natural gas (LNG) program if one is created, but on the condition that countries provide delivery even in a scenario where there is a conflict with China, an energy department official said yesterday. While Taiwan’s priority is to have enough LNG at home, the nation is open to exploring potential strategic reserves in other countries such as Japan or South Korea, Energy Administration Deputy Director-General Chen Chung-hsien (陳崇憲) said. While the LNG market does not have a global reserve for emergencies like that of oil, the concept has been raised a few times —
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday received government approval to deploy its advanced 3-nanometer (3nm) process at its second fab currently under construction in Japan, the Ministry of Economic Affairs said in a news release. The ministry green-lit the plan for the facility in Kumamoto, which is scheduled to start installing equipment and come online in 2028 with a monthly production capacity of 15,000 12-inch wafers, the ministry said. The Department of Investment Review in June 2024 authorized a US$5.26 billion investment for the facility, slated to manufacture 6- to 12nm chips, significantly less advanced than 3nm process. At a meeting with
Standard Chartered Taiwan on March 26 announced that it has partnered with international fintech firm FinIQ to build an “Automated Structured Products Pricing Platform.” The bank is also introducing products from global issuers including Goldman Sachs Group Inc, Barclays PLC and BNP Paribas SA. The new platform enables an end-to-end process whereby it finds the most competitive pricing across multiple issuers in a matter of minutes, followed by automated documentation and transaction execution, which significantly shortens time-to-market and delivers a superior wealth management experience. Standard Chartered Bank Taiwan CEO Anthony Yu (游天立) said: “Standard Chartered is increasingly leveraging its wealth management
RSS