Megaforce Co (英濟) yesterday said that it would add capacity in Taiwan and Malaysia to handle customers moving production outside of China to avoid fallout from trade tensions.
The plastic injection molding company company said that it aims to provide “agile” capacity — allowing customers to minimize risks stemming from the US-China trade row — by joining other local electronics suppliers in deploying additional production sites throughout Asia.
Megaforce said that it plans to increase production at a new plant in Chiayi County’s Minsyong Township (民雄) in the first quarter of next year in an effort to triple its domestic production within three years.
The company operates a manufacturing facility in New Taipei City’s Tucheng District (土城).
“With the new capacity in Taiwan, the company will be able to help customers develop and produce 5G-enabled smart home devices and satisfy customer demand after shifting production back home,” Megaforce chief executive officer Hsu Wen-lin (徐文麟) said in a statement.
The firm also seeks new business opportunities by collaborating with Taiwanese businesses to produce high-end products, Hsu said.
Tucheng-based Megaforce last year generated about 70 percent of its NT$4.83 billion (US$159.88 million) revenue from plastic components used in electronics and PC peripherals, such as mouses, smart speakers and networking devices.
Networking equipment supplier Wistron NeWeb Corp (啟碁科技), a customer of Megaforce, also plans to invest NT$2.69 billion by expanding its Hsinchu factory and adding production lines in an effort to diversify risk from the US-China trade spat.
Megaforce said in a statement that it is expanding to Malaysia and plans to start operations at a new factory there in the first quarter of next year, as electronics “brands are gradually reducing production in China and moving assembly lines to Southeast Asia.”
The company also plans to increase capacity at its Mexican factory to meet growing demand from existing clients, as Mexico overtook China and Canada to become the US’ biggest trading partner in the first half of this year, it said.
The capacity expansion would also meet new demand from electronics makers that have moved production to Mexico, it added.
Taiwanese firms have increased investment in the Philippines in recent years as Manila’s ties with Washington deepen and global supply chains continue to shift away from China, an expert at the Chung-Hua Institution for Economic Research (CIER, 中華經濟研究院) said yesterday. The Philippines had not been among Taiwanese investors’ top choices in Southeast Asia, CIER Taiwan ASEAN Studies Center director Kristy Hsu (徐遵慈) said at a seminar in Taipei. However, Taiwan’s investment in the country has grown significantly since the COVID-19 pandemic, reaching US $257 million last year, a high in recent years, she said. Although Taiwan’s total investment in the Philippines still lags
Intel Corp regards Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) as a longstanding partner, as the US chipmaker would continue outsourcing production of advanced chips to TSMC, Intel chief executive officer Lip-Bu Tan (陳立武) said yesterday. “I don’t look at people as competitors. I look at the collaboration... Nvidia is also, you know, a good friend,” Tan told a news conference following his keynote speech at the Computex trade show in Taipei. “It’s a very trusted partnership for us... We are a big, top customer for them, and we’re going to continue doing that,” he said, referring to TSMC, the world’s largest foundry
Artificial intelligence (AI) agents would supplant smartphones as the center of people’s digital lives, fundamentally reshaping personal devices and driving a major computing upgrade cycle, Qualcomm Inc CEO Cristiano Amon said yesterday. In his keynote speech for this year’s Computex trade show in Taipei, Amon said that the rise of "agentic AI" — AI systems capable of reasoning, planning and carrying out tasks autonomously — would transform how people interact with technology across phones, PCs, vehicles and wearable devices. Describing the technology as the next major evolution in computing, Amon said that "2026 is the year of agents.” For decades, smartphones have sat
Hon Hai Precision Industry Co (鴻海精密) yesterday said it would work with US chipmaker Intel Corp to jointly develop and deploy next-generation artificial intelligence (AI) infrastructure and intelligent computing platforms in a move to capture booming demand for AI computing systems. Hon Hai, also known as Foxconn Technology Group (富士康), said in a statement that the partnership would combine its global manufacturing scale, system integration expertise and AI data center deployment capabilities with Intel’s strengths in processor architecture, silicon technologies and software ecosystem. The companies said they plan to work on equipment used in AI data centers, including server racks powered by
RSS