Local tablet sales up 110%
Domestic sales of tablet computers rose 110 percent to NT$5.2 billion (US$173.6 million) in the first quarter compared with a year earlier, market research firm GfK Group said yesterday. Budget models priced below NT$10,000 led the growth, GfK senior analyst Julia Chen (陳嬿琦) said, adding that she expected the local tablet market to maintain its upward trend throughout this year following the launch of new products later this year.
Avis expands local network
Avis Budget Group Inc yesterday announced an expansion of its domestic car rental network, as its local unit teams up with gas station operator National Petroleum Corp (全國加油站) to expand its service points from 20 to more than 30, starting on Saturday. Avis Taiwan had expanded its operations through a cooperation agreement with DoDoHome Parking Management (嘟嘟房) in February and set up service points at all eight high-speed railway stations this month.
Tittot sees overseas growth
Tittot Co (琉園), a crystal glass maker and designer, expects foreign sales revenue to increase from about 10 percent of its total revenue now to about 15 percent by next year, chairman Wang Yung-shan (王永山) said recently. The company’s revenue was NT$502.45 million last year, up 2.3 percent from a year earlier.
NOTABLE SHIFT: By 2030, 50% of all laptops would be assembled in Southeast Asia, while Taiwan would still mostly focus on research and development, a report said Global laptop and desktop computer supply chains are expected to shift significantly away from China in the next 10 years, a Market Intelligence & Consulting Institute (MIC, 產業情報研究所) report said. By 2030, only 40 percent of global laptop production would remain in China, said the report, which was released on Thursday. “The reshuffling of the global supply chain will be one of the most important trends in the next 10 years,” the institute said in the report. “In the long run, key component makers will follow laptop assemblers in moving out of China.” The Taipei-based institute predicted most key component makers
Merck Group Taiwan yesterday said that it plans to invest substantially on expanding its fab in Kaohsiung’s Lujhu District (路竹) to better serve its local customers, including Taiwan Semiconductor Manufacturing Co (TSMC, 台積電). The company said it plans to expand its production space by 50 percent in the next five years and its workforce by about 40 percent, Merck Group Taiwan managing director Dick Hsieh (謝志宏) told a media briefing in Taipei. Hsieh declined to disclose investment details, but said that the latest investment would exceed the total amount Merck has invested in Taiwan over the past few years. Those investments would be
Yageo Corp (國巨), the world’s third-largest supplier of multilayer ceramic capacitors, has formed a strategic alliance with Hon Hai Precision Industry Co (鴻海精密) to develop key electronic components for electric vehicles and digital healthcare, it said yesterday. The alliance is to help Yageo boost its revenue from high-end components for vehicles and industrial, medical and aerospace devices, as well as those used in 5G and Internet-of-Things devices, the company said. The companies signed the strategic alliance agreement at Yageo’s headquarters in New Taipei City’s Sindian District (新店). Their cooperation is to start this quarter, the companies said in a joint statement. “Through the cooperation
INVEST IN TAIWAN: A metal components casting firm and the world’s largest maker of aluminum bicycle rims also obtained approvals to join the program Solar Applied Materials Technology Co (SOLAR, 光洋應用材料), a part of Taiwan Semiconductor Manufacturing Co’s (TSMC, 台積電) “green supply chain,” has pledged to invest NT$1 billion (US$34.1 million) to build a new plant at the Tainan Technology Industrial Park (台南科技工業區), the Ministry of Economic Affairs said yesterday. SOLAR has been collaborating with TSMC to extract precious metals from waste and reuse them as “sputtering target” material in high-end semiconductor manufacturing, a TSMC press release issued in May said. Established in 1978, SOLAR also offers key materials and integrated services to customers in the optoelectronics, information and communications technology, petrochemicals and consumer electronics industries,