MANUFACTURING
Sentiment improving
The business sentiment of Taiwan’s manufacturing sector showed signs of improvement in July, as optimism toward a peak season for the global high-tech industry outranked concern over the US-China trade war, the Taiwan Institute of Economic Research (台灣經濟研究院) said on Tuesday. Citing its latest survey, the institute said the nation’s economy is recovering at a stable pace, with many manufacturers more upbeat about their operations and the overall business climate.
OFFICE EQUIPMENT
Aurora markets 3D printers
Office equipment sales agent Aurora Group (震旦行) on Tuesday announced that it has acquired distribution rights for two international 3D printing vendors: Israel-based Nano Dimension Ltd and Mcor Technologies Ltd of Ireland. It said it has also launched its “Aurora 3D Multi Color” in Taiwan and China to more aggressively pursue the cross-strait 3D printing market. Aurora shares rose 17.58 percent last week in Taipei trading, closing at a record-high NT$109 on Friday.
LAND DEVELOPMENT
CHT reactivating assets
Chunghwa Telecom Co (CHT, 中華電信) is reportedly reactivating its land asset development, with total investment of between NT$7 billion and NT$8 billion (US$227.78 million to US$260.30 million). The Chinese-language Commercial Times last week reported that the telecom has selected sites to develop three smart office buildings, and construction would be carried out by its subsidiary Light Era Development Co (光世代建設). It has also selected three more sites to develop into social housing projects, the paper said. The company would neither confirm nor deny the report.
Taiwan will prioritize the development of silicon photonics by taking advantage of its strength in the semiconductor industry to build another shield to protect the local economy, National Development Council (NDC) Minister Paul Liu (劉鏡清) said yesterday. Speaking at a meeting of the legislature’s Economics Committee, Liu said Taiwan already has the artificial intelligence (AI) industry as a shield, after the semiconductor industry, to safeguard the country, and is looking at new unique fields to build more economic shields. While Taiwan will further strengthen its existing shields, over the longer term, the country is determined to focus on such potential segments as
UNCERTAINTY: Innolux activated a stringent supply chain management mechanism, as it did during the COVID-19 pandemic, to ensure optimal inventory levels for customers Flat-panel display makers AUO Corp (友達) and Innolux Corp (群創) yesterday said that about 12 to 20 percent of their display business is at risk of potential US tariffs and that they would relocate production or shipment destinations to mitigate the levies’ effects. US tariffs would have a direct impact of US$200 million on AUO’s revenue, company chairman Paul Peng (彭雙浪) told reporters on the sidelines of the Touch Taiwan trade show in Taipei yesterday. That would make up about 12 percent of the company’s overall revenue. To cope with the tariff uncertainty, AUO plans to allocate its production to manufacturing facilities in
COLLABORATION: Given Taiwan’s key position in global supply chains, the US firm is discussing strategies with local partners and clients to deal with global uncertainties Advanced Micro Devices Inc (AMD) yesterday said it is meeting with local ecosystem partners, including Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), to discuss strategies, including long-term manufacturing, to navigate uncertainties such as US tariffs, as Taiwan occupies an important position in global supply chains. AMD chief executive officer Lisa Su (蘇姿丰) told reporters that Taiwan is an important part of the chip designer’s ecosystem and she is discussing with partners and customers in Taiwan to forge strong collaborations on different areas during this critical period. AMD has just become the first artificial-intelligence (AI) server chip customer of TSMC to utilize its advanced
Chizuko Kimura has become the first female sushi chef in the world to win a Michelin star, fulfilling a promise she made to her dying husband to continue his legacy. The 54-year-old Japanese chef regained the Michelin star her late husband, Shunei Kimura, won three years ago for their Sushi Shunei restaurant in Paris. For Shunei Kimura, the star was a dream come true. However, the joy was short-lived. He died from cancer just three months later in June 2022. He was 65. The following year, the restaurant in the heart of Montmartre lost its star rating. Chizuko Kimura insisted that the new star is still down
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