MANUFACTURING
Neo Solar revenue rises
Neo Solar Power Corp (新日光), the nation’s biggest solar cell maker, yesterday posted the best monthly revenue in two-and-a-half years for last month, thanks to stable price and increase in shipment. Revenue grew 4.8 percent last month to NT$2.11 billion (US$70.9 million) from NT$2.01 billion in July, according to the company’s statement. On an annual basis, the company’s revenue almost doubled from NT$1.06 billion because it acquired local peer DelSolar Co (旺能光電) in May. Separately, local solar cell maker Motech Industries Inc (茂迪) said it did not cut jobs as reported by the Chinese-language Apple Daily. Motech said it is relocating its staff to a plant in Greater Tainan after an operation adjustment at a New Taipei City (新北市) factory. About 80 employees were affected by the adjustment, according to the report.
TRADE
Presentation draws firms
A Taiwanese delegation attracted more than 80 Japanese enterprises to a presentation in Tokyo on Tuesday on Taiwan’s “free economic pilot zones” program. The delegation, led by Council for Economic Planning and Development Minister Kuan Chung-ming (管中閔), flew to Tokyo on Sunday to present the economic initiative to Japanese enterprises in the hope of attracting investment and getting them to develop partnerships with local businesses. The delegation will travel to Osaka today.
MediaTek Inc (聯發科), the world’s biggest smartphone chip supplier, yesterday said it plans to double investment in data center-related technologies, including advanced packaging and high-speed interconnect technologies, to broaden the new business’ customer and service portfolios. The chip designer is redirecting its resources to data centers, mainly designing application-specific integrated circuits (ASIC) with artificial intelligence (AI) capabilities for cloud service providers. The data center business is forecast to lead growth in the next three years and become the company’s second-biggest revenue source, replacing chips used in smart devices, MediaTek president Joe Chen (陳冠州) told a media event in Taipei. “Three or four years
CHIP HANG-UP: Surging memorychip prices would deal a blow to smartphone sales this year, potentially hindering one of MediaTek’s biggest sources of revenue MediaTek Inc (聯發科), the world’s biggest smartphone chip designer, yesterday said its new artificial intelligence (AI) chips used in data centers are to account for 20 percent of its total revenue next year, as cloud service providers race to deploy AI infrastructure to meet voracious demand. MediaTek is believed to be developing tensor processing units for Google, which are used in AI applications. While it did not confirm such reports, MediaTek said its new application-specific IC (ASIC) business would be a new growth engine for the company. It again hiked its forecast for the addressable ASIC market to US$70 billion by 2028, compared
Until US President Donald Trump’s return a year ago, when the EU talked about cutting economic dependency on foreign powers — it was understood to mean China, but now Brussels has US tech in its sights. As Trump ramps up his threats — from strong-arming Europe on trade to pushing to seize Greenland — concern has grown that the unpredictable leader could, should he so wish, plunge the bloc into digital darkness. Since Trump’s Greenland climbdown, top officials have stepped up warnings that the EU is dangerously exposed to geopolitical shocks and must work toward strategic independence — in defense, energy and
Motorists ride past a mural along a street in Varanasi, India, yesterday.
RSS