Wire harness maker BizLink Holding Inc (貿聯控股) yesterday posted revenue of US$66.95 million for last month, an 11.42 percent year-on-year increase and the highest since April.
BizLink, the sole supplier of wiring harnesses for battery management systems in Tesla Inc’s Model 3, said in a statement that the growth in revenue came despite shipments being flat compared with the previous month.
BizLink’s product portfolio also includes components for IT and electrical appliances, as well as industrial, medical, solar energy and telecommunications equipment.
The company said shipments in the IT business marginally increased, while shipments in the automotive harnesses business also continued to grow.
Shipments of harnesses for electrical appliances and medical equipment remained firm, while demand from semiconductor customers was also strong.
In the first 10 months of the year, combined revenue grew 6.97 percent year-on-year to US$624.54 million, the company said.
Separately, LED module maker Excellence Optoelectronics Inc (聯嘉光電) posted record-high revenue of NT$434.05 million (US$14.29 million) for last month, a 25.45 percent year-on-year increase.
The company supplies LED modules for Tesla’s Model 3 and Ford Motor Co’s F-series pickup trucks, as well as LED lighting components for other North American automakers and parts suppliers.
Revenue in the first 10 months grew 25.08 percent year-on-year to NT$3.59 billion, the company said.
MediaTek Inc (聯發科), the world’s biggest 5G chip supplier, saw its ranking rise by one notch to No. 7 last year among world semiconductor vendors, as it benefited from the rapid 5G smartphone uptake in China after Huawei Technologies Co (華為) was forced to exit the market, Gartner Inc said in a report yesterday. MediaTek’s revenue soared 58.8 percent to US$17.45 billion last year from US$10.99 billion in 2020, outpacing the global semiconductor industry’s growth of 25 percent, according to Gartner’s tally. That gave MediaTek a 3 percent market share. The Hsinchu-based chip company ranked No. 8 in 2020, behind Texas Instruments
Medigen Vaccine Biologics Corp (高端疫苗) yesterday reported higher neutralizing antibody levels in people who were given its COVID-19 vaccine as a booster after two AstraZeneca doses, the company said. In a trial of 200 participants who received Medigen’s COVID-19 vaccine, neutralizing antibodies against the Omicron variant of SARS-CoV-2 grew by 5.7 times one month after being administered, Taoyuan General Hospital said. Medigen said that the results have been submitted to medRxiv, an online platform for researchers to share complete but unpublished papers. Another trial conducted by National Taiwan University Hospital showed that among 45 participants who received three doses of the Medigen vaccine,
BEATING EXPECTATIONS: With electric vehicles and the metaverse on the horizon, the company predicts a solid first quarter as customers stockpile inventories Key iPhone assembler Hon Hai Precision Industry Co (鴻海精密) could achieve an “unprecedented” performance in the first quarter, chairman Young Liu (劉揚偉) said. “Our performance in the first quarter might surpass how we fared in the past few years, and it is likely that some staff at key sites might only get two days off during the Lunar New Year holiday,” Liu said in prepared remarks for the company’s annual workers’ party yesterday. Manufacturers around the world are racing to build up inventory out of fear that outbreaks of the Omicron variant of SARS-CoV-2 and other uncertainties could further disrupt their supply
Jardine Matheson Holdings Ltd (怡和洋行), a diversified Asia-based group whose businesses span property, transport, retail and luxury hotels, is considering strategic options for its restaurant unit, people with knowledge of the matter said. The Singapore-traded conglomerate is weighing a sale of Jardine Restaurant Group (怡和餐飲集團), a wholly owned subsidiary that operates KFC and Pizza Hut franchises in Taiwan, Hong Kong, Macau and Vietnam, said the people, who asked not to be identified as the information is private. The subsidiary also runs Pizza Hut restaurants in Myanmar, according to its Web site. Jardine Matheson has held preliminary discussions with advisers, the people said, adding