Samsung Electronics Co yesterday said it planned to outsource more manufacturing jobs to Taiwanese companies to reduce costs, a company executive said.
“Samsung plans to offer more TVs with affordable prices this year,” said Sean Ying (應少谷), a senior director of the Taiwanese unit of the world’s biggest TV maker. “Making TVs in Taiwan will eliminate import tariffs on TVs.”
The company began farming out production to local TV makers last year and some of its 40-inch TVs and smaller models were assembled by Taiwanese firms, Ying said.
This year, Samsung plans to expand its outsourcing list to TVs with screens as big as 65 inches, Ying said. However, he declined to name the company’s local partners.
Yin said the company has not set a timetable to launch ultra-high-resolution, or 4K2K, flat-panel TVs in Taiwan. Samsung only sells 4K2K TV sets in selected markets worldwide, he said.
It has no plans to sell OLED TVs in Taiwan any time soon, he added.
Market Intelligence & Consulting Institute (MIC, 產業情報研究所) yesterday said Taiwanese TV makers could see revenue grow 30 percent to US$8 billion in the second half from US$6.16 billion in the first half because of seasonal demand.
“The growth is supported by increase in orders from customers, including North American brand Vizio, Europe’s Philips and China’s Haier (海爾), rather than from Japanese TV vendors,” MIC analyst Hsieh Pei-fen (謝佩芬) said.
LCD TV shipments from Taiwanese firms are expected to grow 4 percent to 39.18 million units this year, from 37.65 million units last year, she said.
STRONG INTEREST: Analysts have pointed to optimism in TSMC’s growth prospects in the artificial intelligence era as the cause of the rising number of shareholders The number of people holding shares of chipmaker Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) hit a new high last week despite a decline in its stock price, the Taiwan Depository and Clearing Corp (TDCC, 台灣集保) said. The number of TSMC shareholders rose to 2.46 million as of Friday, up 75,536 from a week earlier, TDCC data showed. The stock price fell 1.34 percent during the same week to close at NT$1,840 (US$57.55). The decline in TSMC’s share price resulted from volatility in global tech stocks, driven by rising international crude oil prices as the war against Iran continues. Dealers said
PRICE HIKES: The war in the Middle East would not significantly disrupt supply in the short term, but semiconductor companies are facing price surges for materials Taiwan’s semiconductor companies are not facing imminent supply disruptions of essential chemicals or raw materials due to the war in the Middle East, but surges in material costs loom large, industry association SEMI Taiwan said yesterday. The association’s comments came amid growing concerns that supplies of helium and other key raw materials used in semiconductor production could become a choke point after Qatar shut down its liquefied natural gas (LNG) production and helium output earlier this month due to the conflict. Qatar is the second-largest LNG supplier in the world and accounts for about 33 percent of global helium output. Helium is
China is clamping down on fertilizer exports to protect its domestic market, industry sources said, putting an additional strain on global markets that were already grappling with shortages caused by the US-Israeli war on Iran. China is among the largest fertilizer exporters — shipping more than US$13 billion of it last year — and it has a history of controlling exports to keep prices low for farmers. Shipments through the war-blocked Strait of Hormuz account for about one-third of the sea-borne supply. This month, Beijing banned exports of nitrogen-potassium fertilizer blends and certain phosphate varieties, sources said. The ban, which has not
Taiwan’s natural gas supply remains stable through the end of May, despite rising concerns about potential disruptions to Qatari liquefied natural gas (LNG) supplies due to escalating conflicts in the Middle East, the Ministry of Economic Affairs said yesterday. The ministry in a statement said that Taiwan has completed preparations for natural gas supply and shipping schedules through the end of May. It has also made plans to increase natural gas imports from regions outside the Middle East in June to ensure a stable supply, it added. Taiwan sources natural gas from 14 countries and is not solely dependent on the Middle East,
RSS