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.
Contract chipmaker United Microelectronics Corp (UMC, 聯電) yesterday said it has signed a memorandum of understanding (MOU) with Polar Semiconductor LLC to collaborate on the production of 8-inch wafers in the US. The collaboration aims to strengthen 8-inch wafer manufacturing in the US amid Washington’s efforts to increase onshore manufacturing of semiconductors, contribute to supply chain resilience against shifting geopolitical dynamics, and ensure a secure domestic supply of power semiconductors critical to automotive, electric grids, robotic manufacturing and data centers, the companies said in a joint statement. Under the MOU, Polar and UMC will identify devices for Polar to manufacture at
TECH TITANS: Amazon’s latest chip joins Google in competing for the 90 percent market share held by Nvidia, which claims it is ‘a generation ahead of the industry’ Amazon Web Services (AWS) on Tuesday launched its in-house-built Trainium3 artificial intelligence (AI) chip, marking a significant push to compete with Nvidia Corp in the lucrative market for AI computing power. The move intensifies competition in the AI chip market, where Nvidia dominates with an estimated 80 to 90 percent market share for products used in training large language models that power the likes of ChatGPT. Google last week caused tremors in the industry when it was reported that Facebook-parent Meta Platforms Inc would employ Google AI chips in data centers, signaling new competition for Nvidia. This followed the release last month of
Two companies wholly owned by the daughter of the founder of Hon Hai Precision Industry Co (鴻海精密) on Monday reported to the Taiwan Stock Exchange that they would dispose of all of the Hon Hai shares they hold. In filings with the exchange, Hong Wei Investment Co (鋐維) said it would sell the 2.771 million Hon Hai shares it holds and Frontier Investment Corp (承鋒投資) said it would sell its 2.409 million Hon Hai shares from tomorrow until Jan. 3 next year. The two companies are wholly owned and chaired by Shirley Gou (郭曉玲), the eldest daughter of Hon Hai founder Terry
TARIFF TALKS: The US secretary of commerce is eyeing more than US$300 billion in investments and said Taiwan would train US workers, but Taipei has denied the latter US Secretary of Commerce Howard Lutnick said the US is expecting a large investment pledge from Taiwan in trade talks, while President William Lai (賴清德) listed areas that need improvement in order for projects to be completed. “We’re in the midst of discussions,” Lutnick said on Wednesday. “But the fact is, this administration’s goal is to bring semiconductor manufacturing to America.” Lai on Wednesday said Taiwan is supportive of US President Donald Trump’s goal of reindustrializing the US, including efforts to ramp up semiconductor production. Such a goal would require the US to reduce its reliance on Taiwan as a key source
RSS