iPhone X supply to be short
With many consumers waiting to purchase Apple Inc’s premium iPhone X model that is to go on sale on Friday next week, initial supply is unlikely to meet strong demand, industry sources said yesterday. The sources said that interest in the iPhone X has resulted in about 500,000 inquiries, higher than the reported initial supply of about 100,000. According to local media, the first batch of deliveries has been limited to between 50,000 and 60,000. There has also been speculation that shipments of the model would be hampered by difficult assembly and component shortages. A second batch is expected to arrive in Taiwan before next week, boosting the initial supply to about 100,000 units, reports said. Preorder sales are to begin tomorrow.
Taiwan still in China market
The New Southbound Policy is Taiwan’s way of exercising its soft power and diversifying into new markets, Minister without Portfolio John Deng (鄧振中) said yesterday, adding that it is in no way a sign that the nation has given up on the Chinese market. Deng underscored the importance of the markets of the 18 nations involved in the policy, saying that Vietnam and the Philippines with their about 7 percent GDP growth rate are markets the nation cannot miss. The policy’s aim to reduce Taiwan’s economic dependence on China does not mean that it has given up on the Chinese market, Deng said. “Diversification is beneficial to the long-term health of the economy,” he added.
PChome shakes up board
PChome Online Inc (網路家庭), the nation’s largest online shopping platform operator, yesterday announced a board restructure, with a five-person team. The decision was made effective yesterday. The decisionmaking team includes PChome chairman Jan Hung-tze (詹宏志), chief operating officer Tsai Kai-wen (蔡凱文) and the heads of PChome’s subsidiaries, PChomestore Inc (商店街) general manager Su Yun (蘇芸) and Ruten.com (露天拍賣) chief operating officer Vicky Tseng (曾薰儀), it said. Jan said in a statement that the team would centralize the company’s resources and gain advantages more efficiently.
Compal eyes care market
Contract electronics manufacturer Compal Electronics Inc (仁寶) yesterday said it is to participate in this year’s Elder Care Asia event at Kaohsiung Exhibition Hall from Thursday to Sunday next week, showcasing the company’s “smart” elder care solutions originally developed for daycare centers. Compal’s solutions have been adopted by several long-term care centers certified by the Taoyuan City Government, the company said in a statement.
Aurora posts record profit
Office appliance sales agent Aurora Group (震旦行) yesterday posted unaudited net income of NT$411 million (US$13.58 million) for last quarter, the company’s highest quarterly net profit. The result represented an annual growth of 19.48 percent from NT$343.99 million in the same period last year and a 15.89 percent increase from the previous quarter’s NT$345.67 million, Aurora’s filing with the Taiwan Stock Exchange showed. That brought the firm’s combined net profit in the first three quarters to NT$1.08 billion, surging 17 percent from the same period last year, the filing showed. Aurora attributed the growth to robust office appliances demand from China and steady orders at home.
RECORD BUDGET: TSMC does plan to raise its proposed capital expenditure a lot, and could benefit if Intel outsources more of its production to foundries, analysts said Intel Corp’s earnings conference call on Thursday is expected to clarify the US semiconductor giant’s outsourcing production plans, which would be crucial regarding Taiwan Semiconductor Manufacturing Co’s (TSMC, 台積電) performance, analysts said. “TSMC stands to benefit if Intel outsources more of its fabrication to foundries,” SinoPac Securities Investment Service Corp (永豐投顧) analysts said in a note on Friday. Yuanta Securities Investment Consulting Co (元大投顧) was more cautious, saying that Intel’s contribution initially would be limited, but its outsourcing plans would still highlight TSMC’s leadership in technology, it added. “Intel will continue to manufacture server or high-end central processing units [CPUs], which have higher
MOBILE SMART: The Dimensity 1200 is 22 percent better in terms of performance than its predecessor, and 25 percent more power-efficient, the handset chip designer said MediaTek Inc (聯發科) yesterday unveiled its premium 5G processors — the Dimensity 1200 and Dimensity 1100 — as it vies for a larger slice of the world’s rapidly growing 5G smartphone market. Manufactured using Taiwan Semiconductor Manufacturing Co’s (台積電) 6-nanometer process technology, the Dimensity 1200 processor performs 22 percent better than the previous generation Dimensity 1000+ processor, and is 25 percent more power-efficient, MediaTek said. Chinese smartphone brands Xiaomi Corp (小米) and Realme Mobile Telecommunications (Shenzhen) Co (銳爾覓移動通信) are to be the first adopters of the latest Dimensity chips, the companies said during a virtual media briefing. Xiaomi plans to equip its first
Norway’s oil and gas reserves have made it one of the world’s wealthiest countries, but its dreams for deep-sea discovery now center on something different. This time, Oslo is looking for a leading role in mining copper, zinc and other metals found on the seabed and in hot demand in green technologies. The country could license companies for deep-sea mining as early as 2023, the Norwegian Ministry of Petroleum and Energy said, potentially placing it among the first countries to harvest seabed metals for electric vehicle batteries, wind turbines and solar farms. However, that could also place it on the front line of
‘BROAD RANGE’: The US Department of Commerce intends to deny a significant number of license requests for exports to Huawei, an industry association said US President Donald Trump’s administration notified Huawei Technologies Co (華為) suppliers, including chipmaker Intel Corp, that it is revoking certain licenses to sell to the Chinese company and intends to reject dozens of other applications to supply the telecommunications firm, people familiar with the matter told reporters. The action — likely the last against Huawei under Trump — is the latest in a long-running effort to weaken the world’s largest telecommunications equipment maker, which Washington sees as a national security threat. The notices came amid a flurry of US efforts against China in the final days of Trump’s administration. US president-elect Joe