Pineapple cake brand Sunny Hills (微熱山丘) plans to invest NT$1.8 billion (US$57.6 million) setting up a smart production plant in Nantou County, which is to create about 63 job opportunities, the Ministry of Economic Affairs said on Thursday last week.
Sunny Hills is to install an automated production line developed in cooperation with the Industrial Technology Research Institute (工研院) that can separate good fruit from bad using artificial intelligence, the ministry said in a statement posted on its Web site.
Sunny Hills has joined a growing number of local small and medium-sized enterprises (SMEs) taking advantage of an incentive program the government is running to encourage domestic investment.
On Thursday last week, the ministry also approved four other SMEs’ applications to invest in Taiwan, including flexible flat cable supplier Goodong Industry Co Ltd (玖東興業), which is to spend more than NT$1.2 billion setting up an automated manufacturing plant in New Taipei City along with an optical laboratory allowing high-precision identification of functional modules.
Goodong Industry plans to recruit about 200 local professionals, the ministry said.
Suspension specialist Ruixin International Co (銳欣國際), which operates under the brand RacingBros, plans to invest NT$80 million in an automated plant in Taichung’s Tanzi District (潭子) to cope with growing overseas demand after it signed a deal to cooperate with US automobile parts supplier Western Power Sports Inc.
Hsu Hong Precision Machinery Co Ltd (旭宏精機), which specializes in the design and manufacturing of variable volume piston pumps, plans to invest NT$400 million setting up a new plant in Taichung’s Taiping Industrial Park (太平產業園區) as the company aims to increase the presence of its brand HHPC on global markets.
The company is to introduce smart production lines and automated storage systems, creating 27 job opportunities, the ministry said.
Yuan Bao Freezing Foods Co Ltd (圓寶冷凍食品), which is known for its fishballs and meatballs, is to invest NT$1.4 billion to establish a smart food processing facility in Changhua County as the company looks to increase its capacity to supply the US and European markets.
The company plans to recruit 58 local professionals, the ministry said.
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
Among the rows of vibrators, rubber torsos and leather harnesses at a Chinese sex toys exhibition in Shanghai this weekend, the beginnings of an artificial intelligence (AI)-driven shift in the industry quietly pulsed. China manufactures about 70 percent of the world’s sex toys, most of it the “hardware” on display at the fair — whether that be technicolor tentacled dildos or hyper-realistic personalized silicone dolls. Yet smart toys have been rising in popularity for some time. Many major European and US brands already offer tech-enhanced products that can enable long-distance love, monitor well-being and even bring people one step closer to
RECORD-BREAKING: TSMC’s net profit last quarter beat market expectations by expanding 8.9% and it was the best first-quarter profit in the chipmaker’s history Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), which counts Nvidia Corp as a key customer, yesterday said that artificial intelligence (AI) server chip revenue is set to more than double this year from last year amid rising demand. The chipmaker expects the growth momentum to continue in the next five years with an annual compound growth rate of 50 percent, TSMC chief executive officer C.C. Wei (魏哲家) told investors yesterday. By 2028, AI chips’ contribution to revenue would climb to about 20 percent from a percentage in the low teens, Wei said. “Almost all the AI innovators are working with TSMC to address the
Malaysia’s leader yesterday announced plans to build a massive semiconductor design park, aiming to boost the Southeast Asian nation’s role in the global chip industry. A prominent player in the semiconductor industry for decades, Malaysia accounts for an estimated 13 percent of global back-end manufacturing, according to German tech giant Bosch. Now it wants to go beyond production and emerge as a chip design powerhouse too, Malaysian Prime Minister Anwar Ibrahim said. “I am pleased to announce the largest IC (integrated circuit) Design Park in Southeast Asia, that will house world-class anchor tenants and collaborate with global companies such as Arm [Holdings PLC],”