DHL Express Taiwan Corp (洋基通運) yesterday said that it has invested NT$80 million (US$2.54 million) in setting up a new logistics service center in Taoyuan, and expects an increase in consumer demand over the next few years.
The local subsidiary of Deutsche Post DHL Group, one of the world’s leading mail and logistics service groups, said that the center in Taoyuan’s Cingpu District (青埔) is to replace the existing center in Taoyuan, which is smaller and cannot keep up with growing demand.
The new center would be the largest of the company’s 10 service centers in Taiwan at 4,000m2, DHL Express Taiwan communications manager Frankie Fang (方佳雯) told the Taipei Times by telephone.
With improved processing procedures and new equipment such as conveyor belts, the center’s hourly capacity would be twice as high as the old one, Fang said.
This investment signals DHL’s commitment to bolstering international trade and connecting even more local businesses to the world, DHL Express Taiwan managing director Yung C. Ooi (黃湧君) said in a statement.
Taoyuan is one of DHL’s most important service centers in Taiwan, as more than one-third of the nation’s top 500 manufacturers are located there, Ooi said.
Taoyuan ranks first among all regions in Taiwan in terms of industrial output, he said, adding that according to data released by the Taoyuan City Government, industrial production in the city totaled about NT$2.6 trillion last year.
The center would be able to support the rapid development of businesses in Taoyuan and help its corporate clients connect faster with the more than 220 countries in its network, he said.
“So far, the [US-China] trade dispute has had a limited effect on logistics demand in the nation. We are confident in the economical development of Taoyuan, as well as Taiwan,” Fang said.
DHL would continue investing in Taiwan and closely monitor global industrial dynamics and customer logistics needs to ensure that the highest quality of service is provided, she said.
The new center covers the greater Taoyuan area and New Taipei City’s Linkou District (林口), covering an area of more than 900km2, DHL Express Taiwan said.
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) secured a record 70.2 percent share of the global foundry business in the second quarter, up from 67.6 percent the previous quarter, and continued widening its lead over second-placed Samsung Electronics Co, TrendForce Corp (集邦科技) said on Monday. TSMC posted US$30.24 billion in sales in the April-to-June period, up 18.5 percent from the previous quarter, driven by major smartphone customers entering their ramp-up cycle and robust demand for artificial intelligence chips, laptops and PCs, which boosted wafer shipments and average selling prices, TrendForce said in a report. Samsung’s sales also grew in the second quarter, up
On Tuesday, US President Donald Trump weighed in on a pressing national issue: The rebranding of a restaurant chain. Last week, Cracker Barrel, a Tennessee company whose nationwide locations lean heavily on a cozy, old-timey aesthetic — “rocking chairs on the porch, a warm fire in the hearth, peg games on the table” — announced it was updating its logo. Uncle Herschel, the man who once appeared next to the letters with a barrel, was gone. It sparked ire on the right, with Donald Trump Jr leading a charge against the rebranding: “WTF is wrong with Cracker Barrel?!” Later, Trump Sr weighed
LIMITED IMPACT: Investor confidence was likely sustained by its relatively small exposure to the Chinese market, as only less advanced chips are made in Nanjing Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) saw its stock price close steady yesterday in a sign that the loss of the validated end user (VEU) status for its Nanjing, China, fab should have a mild impact on the world’s biggest contract chipmaker financially and technologically. Media reports about the waiver loss sent TSMC down 1.29 percent during the early trading session yesterday, but the stock soon regained strength and ended at NT$1,160, unchanged from Tuesday. Investors’ confidence in TSMC was likely built on its relatively small exposure to the Chinese market, as Chinese customers contributed about 9 percent to TSMC’s revenue last
LOOPHOLES: The move is to end a break that was aiding foreign producers without any similar benefit for US manufacturers, the US Department of Commerce said US President Donald Trump’s administration would make it harder for Samsung Electronics Co and SK Hynix Inc to ship critical equipment to their chipmaking operations in China, dealing a potential blow to the companies’ production in the world’s largest semiconductor market. The US Department of Commerce in a notice published on Friday said that it was revoking waivers for Samsung and SK Hynix to use US technologies in their Chinese operations. The companies had been operating in China under regulations that allow them to import chipmaking equipment without applying for a new license each time. The move would revise what is known
RSS