Smartphone chip designer MediaTek Inc (聯發科) yesterday said it estimates that revenue would expand at an annual rate of about 15 percent this year, as a proliferation of generative artificial intelligence (AI) applications for premium smartphones are fueling demand for its flagship smartphone chips.I
The government’s business climate monitor last month flashed “green” for the third consecutive month due to strong exports, which in turn benefited electrical and machinery equipment imports, the National Development Council (NDC) said yesterday.The total score of the nine constituent readings gaine
Google and Microsoft Corp shares rallied yesterday as the technology bellwethers showed that hefty investments into artificial intelligence (AI) could reap more immediate revenue returns, a sharp contrast to Meta Platforms Inc’s view that AI is a long-term bet.Microsoft’s shares advanced 3.84 percen
IN THE WORKS: Investment is set to begin in May while production would start in 2026, but the location would not be announced until next month, an executive said
US-based Garmin, a GPS navigation solution and wearable device provider, plans to invest in Southeast Asia as part of efforts to improve the resilience of its supply chain.The company is to begin investment next month, with production set to start in 2026, but the location of the plant would not be
Huawei Technologies Co’s (華為) latest smartphones carry a version of the advanced made-in-China processor it revealed last year, results from an independent analysis showed. This underscored the Chinese company’s ability to sustain production of the controversial chip.The Pura 70 series unveiled last
China Development Financial Holding Corporation (hereinafter referred to as “CDF”) launched a high-level management team reshuffle. Today (26th), the Board of Directors approved Alan Wang to succeed as the Chairman and Paul Yang to take over as President & CEO. At the same time, CDF has appointed th
A BYD Co Seagull electric vehicle is pictured at the Beijing Auto Show in China yesterday. Slowing demand for electric vehicles, heightened trade tensions and questions about whether Western legacy automakers can interest Chinese consumers were the talk of the Beijing show as executives from top glo
TRANSFORMATION: Taiwan is now home to the largest Google hardware research and development center outside of the US, thanks to the nation’s economic policies
President Tsai Ing-wen (蔡英文) yesterday attended an event marking the opening of Google’s second hardware research and development (R&D) office in Taiwan, which was held at New Taipei City’s Banciao District (板橋).This signals Taiwan’s transformation into the world’s largest Google hardware research a
The Taiwan Institute of Economic Research (TIER, 台灣經濟研究院) yesterday raised its GDP growth forecast to 3.29 percent this year, a 0.14 percentage points increase from three months earlier, as exports gain faster traction despite disappointing private investment.“The economic sectors showed improvement
MAJOR BENEFICIARY: The company benefits from TSMC’s advanced packaging scarcity, given robust demand for Nvidia AI chips, analysts said
ASE Technology Holding Co (ASE, 日月光投控), the world’s biggest chip packaging and testing service provider, yesterday said it is raising its equipment capital expenditure budget by 10 percent this year to expand leading-edge and advanced packing and testing capacity amid strong artificial intelligence
E Ink Holdings Inc (元太科技), the world’s largest e-paper display supplier, yesterday said business is recovering gradually from an inventory correction cycle thanks to rapid and smooth technology upgrades in using new color e-paper displays on electronic readers and electronic shelf labels (ESLs).The
The US plans to award Micron Technology Inc US$6.1 billion in grants and as much as US$7.5 billion in loans to help the memory-chip maker build new US factories, rounding out a slew of major federal awards for advanced semiconductor manufacturing.Micron pledged to invest about US$125 billion to buil
Staff adjust a teaching system developed using artificial intelligence technology “PROS Twins” during the AI EXPO Taiwan exhibition “AIVOLUTION” in Taipei yesterday.
IMPROVEMENT EXPECTED: The company holds a cautiously optimistic view about this year, an official said, adding that an increase in wafer shipments is predicted
United Microelectronics Corp (UMC, 聯電) yesterday reported its weakest quarterly net profit in three years, which it attributed to a prolonged inventory correction.However, the company said it expects wafer shipments to grow about 3 percent this quarter as demand from communication and computer segme
The nation’s securities account balance, a gauge of retail investors’ confidence in local equities, rose to its highest level last month, as the TAIEX rallied 1,327.68 points — or 7 percent — in the month, data released by the central bank showed yesterday.The securities account balance increased fo
The potential of generative artificial intelligence (AI) is “infinite” and it is therefore hard to estimate what its market value could rise to, evidenced by the huge range of predictions — US$200 billion to US$7 trillion — made by various institutions, Qualcomm Technologies Inc vice president S.T.
The EU yesterday announced a probe into China’s medical devices market, prompting an immediate accusation from Beijing that the bloc was engaging in “protectionism.”Brussels fears China is favoring its own suppliers when it comes to the procurement of medical devices. The EU’s official administrativ
FUTURE PLANS: Tesla said it would continue to pursue a ‘revolutionary’ manufacturing strategy on a ‘robotaxi product,’ but analysts expressed skepticism about the venture
Tesla Inc on Tuesday reported a big drop in quarterly profits amid an increasingly cutthroat electric vehicle (EV) market, but shares rallied as CEO Elon Musk pledged to accelerate plans for more affordable EVs.Tesla reported profits of US$1.1 billion, down 55 percent year-on-year on revenue of US$2
SK Hynix Inc plans to spend about US$14.6 billion building a new memorychip complex in South Korea, preparing to meet rapidly growing demand for semiconductors employed in artificial intelligence (AI) development.The company intends to set aside an initial 5.3 trillion won (US$3.9 billion) to begin
Visitors inspect a firefighting robot during the Secutech trade show at the Taipei Nangang Exhibition Center's Hall 1 yesterday. The international security exhibition opened yesterday and runs until tomorrow.