Taiwan Mobile Co (台灣大) yesterday said it is working with its e-commerce subsidiary Momo.com Ltd (富邦媒體) to offer 24-hour delivery and pickup services.
The telecom said its pickup services would be available at its 760 brick-and-mortar stores nationwide, and the company aims to cut its normally two-day pickup time to 24 hours after consumers order on Momo.com.
“The 24-hour pickup service is faster than those provided by convenience stores,” Taiwan Mobile said in a statement.
Photo courtesy of Taiwan Mobile Co
The companies started the collaboration last year, allowing customers to pick up electronics, cosmetics or food products they bought on the Internet at Taiwan Mobile’s Myfone retail stores.
Taiwan Mobile said it helped handle about 1,000 deals on average per day last year, adding that the number is accelerating amid the COVID-19 pandemic.
Over the past two months, the number of in-store pickups has grown two times compared with the same period last year, helping retain customers at Myfone stores, the company said.
Taiwan Mobile reported that revenue last month increased 7.2 percent year-on-year to NT$10.61 billion (US$358.64 million) from NT$9.9 billion, with Momo.com contributing to more than half of its revenue. The e-commerce subsidiary last month made NT$5.47 billion in revenue, up about 36 percent from NT$4.03 billion a year earlier.
However, Taiwan Mobile’s net profit last month fell 2.8 percent to NT$1.03 billion from NT$1.06 billion. Earnings per share fell to NT$0.36, from NT$0.38 a year earlier.
In the first six months of this year, Taiwan Mobile’s net profit grew 1.4 percent annually to NT$6.36 billion, with earnings per share of NT$2.26, while revenue rose 6.2 percent to NT$63.19 billion.
Meanwhile, Chunghwa Telecom Co’s (中華電信) net profit slid 0.4 percent to NT$16.86 billion during the first six months, compared with NT$16.92 billion a year earlier, with earnings per share falling from NT$2.18 to NT$2.17. Over the same period, revenue fell 5.4 percent from NT$101.44 billion to NT$95.96 billion.
Far EasTone Telecommunications Co’s (遠傳電信) net profit remained nearly flat at NT$4.41 billion in the first half of the year, or earnings per share of NT$1.35, although revenue fell 3.18 percent year-on-year to NT$38.07 billion from NT$41.25 billion.
From India to China to the US, automakers cannot make vehicles — not that no one wants any, but because a more than US$450 billion industry for semiconductors got blindsided. How did both sides end up here? Over the past two weeks, automakers across the world have bemoaned the shortage of chips. Germany’s Audi, owned by Volkswagen AG, would delay making some of its high-end vehicles because of what chief executive officer Markus Duesmann called a “massive” shortfall in an interview with the Financial Times. The firm has furloughed more than 10,000 workers and reined in production. That is a further blow
MOBILE SMART: The Dimensity 1200 is 22 percent better in terms of performance than its predecessor, and 25 percent more power-efficient, the handset chip designer said MediaTek Inc (聯發科) yesterday unveiled its premium 5G processors — the Dimensity 1200 and Dimensity 1100 — as it vies for a larger slice of the world’s rapidly growing 5G smartphone market. Manufactured using Taiwan Semiconductor Manufacturing Co’s (台積電) 6-nanometer process technology, the Dimensity 1200 processor performs 22 percent better than the previous generation Dimensity 1000+ processor, and is 25 percent more power-efficient, MediaTek said. Chinese smartphone brands Xiaomi Corp (小米) and Realme Mobile Telecommunications (Shenzhen) Co (銳爾覓移動通信) are to be the first adopters of the latest Dimensity chips, the companies said during a virtual media briefing. Xiaomi plans to equip its first
Answering to a reported request by Germany to help address a chip shortage in its auto industry, the Ministry of Economic Affairs (MOEA) yesterday said that it was in talks with domestic chip suppliers. Foreign media over the weekend reported that German Minister of Economic Affairs Peter Altmaier had sent a request to Taipei to ask Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) to cooperate more closely with German automakers to provide microchips and sensors, to bridge a shortage that has emerged over the past few months. The MOEA said that it had not yet received the request and could therefore not elaborate
FOCUS ON FOUNDRIES: An analyst said that some investors would be disappointed because they were expecting a larger announcement of a partnership with TSMC Intel Corp’s incoming chief executive officer Pat Gelsinger on Thursday pledged to regain the company’s lead in chip manufacturing, countering growing calls from some investors to shed that part of its business. “I am confident that the majority of our 2023 products will be manufactured internally,” Gelsinger said. “At the same time, given the breadth of our portfolio, it’s likely that we will expand our use of external foundries for certain technologies and products.” He plans to provide more details after officially taking over the CEO role on Feb. 15, but Gelsinger was clear that Intel is sticking with its once mighty