Mobile-phone manufacturers in Taiwan expect the handset market to grow this year on the strength of phone upgrades and new Internet-like data services, industry players said yesterday.
"The cost of a new cellphone is lower this year than last, and we believe people will be looking for replacements this year," said Simone Liu, a marketing manager at DBTEL Inc (
GPRS, mobile data services that run at speeds up to 115 kilobits per second (kbps), is already available throughout Taiwan. To access the system, consumers need to buy a GPRS-enabled mobile phone and sign up for the service.
Manufacturers and worldwide cellphone retailers such as Nokia Oyj, Motorola Inc and Ericsson AB were disappointed by flat handset sales last year. Sales forecasts for last year have plummeted from 430 million handsets to 380 million, according to the companies.
In Taiwan, new orders rolled in as these global players farmed out manufacturing. Some 12.9 million handsets were sold in Taiwan last year, a 34 percent rise on the year before, according to the Market Intelligence Center (
Siemens AG, the fifth biggest mobile maker, said its cellphone division finally returned to profitability after a tough year last year. DBTEL manufactures phones on behalf of Siemens.
The Siemens news sent DBTEL's share price up 1.3 percent to NT$24.3 yesterday on the Taiwan Stock Exchange. Benq Corp (明電), Taiwan's largest mobile-phone manufacturer, rose 2.8 percent to NT$54.5 per share.
Liu said DBTEL expects to make 15 million phones this year, up from just 3.5 million last year. Analysts called this prediction "massively optimistic."
Benq, the company formerly known as Acer Communications and Multimedia, also expects large sales increases this year.
Last year, the firm produced 7 million handsets for customers such as Motorola and this year will produce about 50 percent more phones, according to Eric Yu (
Benq is also hoping its customers, such as Motorola, will have a better year. The second largest mobile-phone company in the world is the top seller in China.
These firms will not fully rely on handset sales this year, however. Last year, while handset sales languished, both firms saw growth in other business.
Revenues at Benq grew 21 percent year on year last year, to a forecasted NT$58.8 billion, mainly because of stronger sales of its LCD computer screens. The firm sold 180,000 LCD screens and 400,000 CRT monitors, the box-like computer screens still widely used. It also sold 1.2 million CD-RW drives and DVD drives.
DBTEL's revenues dropped 46 percent last year to NT$4.68 billion because of lower mobile-phone sales. Sales of cordless phones helped make up for plummeting mobile-phone sales at DBTEL last year.
Napoleon Osorio is proud of being the first taxi driver to have accepted payment in bitcoin in the first country in the world to make the cryptocurrency legal tender: El Salvador. He credits Salvadoran President Nayib Bukele’s decision to bank on bitcoin three years ago with changing his life. “Before I was unemployed... And now I have my own business,” said the 39-year-old businessman, who uses an app to charge for rides in bitcoin and now runs his own car rental company. Three years ago the leader of the Central American nation took a huge gamble when he put bitcoin
TECH RACE: The Chinese firm showed off its new Mate XT hours after the latest iPhone launch, but its price tag and limited supply could be drawbacks China’s Huawei Technologies Co (華為) yesterday unveiled the world’s first tri-foldable phone, as it seeks to expand its lead in the world’s biggest smartphone market and steal the spotlight from Apple Inc hours after it debuted a new iPhone. The Chinese tech giant showed off its new Mate XT, which users can fold three ways like an accordion screen door, during a launch ceremony in Shenzhen. The Mate XT comes in red and black and has a 10.2-inch display screen. At 3.6mm thick, it is the world’s slimmest foldable smartphone, Huawei said. The company’s Web site showed that it has garnered more than
PARTNERSHIPS: TSMC said it has been working with multiple memorychip makers for more than two years to provide a full spectrum of solutions to address AI demand Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday said it has been collaborating with multiple memorychip makers in high-bandwidth memory (HBM) used in artificial intelligence (AI) applications for more than two years, refuting South Korean media report's about an unprecedented partnership with Samsung Electronics Co. As Samsung is competing with TSMC for a bigger foundry business, any cooperation between the two technology heavyweights would catch the eyes of investors and experts in the semiconductor industry. “We have been working with memory partners, including Micron, Samsung Memory and SK Hynix, on HBM solutions for more than two years, aiming to advance 3D integrated circuit
Vanguard International Semiconductor Corp (世界先進) and Episil Technologies Inc (漢磊) yesterday announced plans to jointly build an 8-inch fab to produce silicon carbide (SiC) chips through an equity acquisition deal. SiC chips offer higher efficiency and lower energy loss than pure silicon chips, and they are able to operate at higher temperatures. They have become crucial to the development of electric vehicles, artificial intelligence data centers, green energy storage and industrial devices. Vanguard, a contract chipmaker focused on making power management chips and driver ICs for displays, is to acquire a 13 percent stake in Episil for NT$2.48 billion (US$77.1 million).