Qisda Corp (佳世達) expects higher revenue contribution from its medical businesses, chairman and president Peter Chen (陳其宏) told a news conference ahead of the Taiwan Healthcare+ Expo that opens on Thursday in Taipei.
The electronics manufacturer expects to see its healthcare and medical businesses contribute up to NT$30 billion (US$971.31 million) in the next five years, he said.
Qisda and its affiliate BenQ Group (明碁) have been ramping up their strategic investments, and Qisda would continue to build a fleet of investees to drive revenue growth for its core business and itself, he said.
Qisda has more than 10 promising investees, which have brought improvements to its topline and profitability during the first three quarters of the year, and their contributions are expected to continue growing, Chen said.
Qisda would continue to seek viable acquisition targets, he added.
The companies are to showcase their professional medical equipment, personal healthcare products and healthcare services at the exhibition, he said.
These include the BenQ Qflux Dialyzer, an artificial kidney solution that has gained approval from authorities in Taiwan and South Korea.
BenQ’s hearing aids and a smart operating theater solution that provides surgeons with quick access to patients’ medical imaging records would also be highlighted.
Qisda has also invested in hospitals in China, and it would be seeking initial public offerings to fund expansion of its bed capacity at facilities in Suzhou and Nanjing, Chen said.
Qisda’s revenues in the first nine months of the year rose 13.69 percent from the same period last year to NT$113.4 billion, the company’s strongest showing in nine years.
Revenue grew 5.6 percent last year to NT$136.86 billion.
The Taiwan Healthcare+ Expo runs through Sunday at the Taipei World Trade Center’s Nangang Exhibition Hall 1.
MULTIFACETED: A task force has analyzed possible scenarios and created responses to assist domestic industries in dealing with US tariffs, the economics minister said The Executive Yuan is tomorrow to announce countermeasures to US President Donald Trump’s planned reciprocal tariffs, although the details of the plan would not be made public until Monday next week, Minister of Economic Affairs J.W. Kuo (郭智輝) said yesterday. The Cabinet established an economic and trade task force in November last year to deal with US trade and tariff related issues, Kuo told reporters outside the legislature in Taipei. The task force has been analyzing and evaluating all kinds of scenarios to identify suitable responses and determine how best to assist domestic industries in managing the effects of Trump’s tariffs, he
TIGHT-LIPPED: UMC said it had no merger plans at the moment, after Nikkei Asia reported that the firm and GlobalFoundries were considering restarting merger talks United Microelectronics Corp (UMC, 聯電), the world’s No. 4 contract chipmaker, yesterday launched a new US$5 billion 12-inch chip factory in Singapore as part of its latest effort to diversify its manufacturing footprint amid growing geopolitical risks. The new factory, adjacent to UMC’s existing Singapore fab in the Pasir Res Wafer Fab Park, is scheduled to enter volume production next year, utilizing mature 22-nanometer and 28-nanometer process technologies, UMC said in a statement. The company plans to invest US$5 billion during the first phase of the new fab, which would have an installed capacity of 30,000 12-inch wafers per month, it said. The
Taiwan’s official purchasing managers’ index (PMI) last month rose 0.2 percentage points to 54.2, in a second consecutive month of expansion, thanks to front-loading demand intended to avoid potential US tariff hikes, the Chung-Hua Institution for Economic Research (CIER, 中華經濟研究院) said yesterday. While short-term demand appeared robust, uncertainties rose due to US President Donald Trump’s unpredictable trade policy, CIER president Lien Hsien-ming (連賢明) told a news conference in Taipei. Taiwan’s economy this year would be characterized by high-level fluctuations and the volatility would be wilder than most expect, Lien said Demand for electronics, particularly semiconductors, continues to benefit from US technology giants’ effort
‘SWASTICAR’: Tesla CEO Elon Musk’s close association with Donald Trump has prompted opponents to brand him a ‘Nazi’ and resulted in a dramatic drop in sales Demonstrators descended on Tesla Inc dealerships across the US, and in Europe and Canada on Saturday to protest company chief Elon Musk, who has amassed extraordinary power as a top adviser to US President Donald Trump. Waving signs with messages such as “Musk is stealing our money” and “Reclaim our country,” the protests largely took place peacefully following fiery episodes of vandalism on Tesla vehicles, dealerships and other facilities in recent weeks that US officials have denounced as terrorism. Hundreds rallied on Saturday outside the Tesla dealership in Manhattan. Some blasted Musk, the world’s richest man, while others demanded the shuttering of his
RSS