Hon Hai Precision Industry Co (鴻海) yesterday reported revenue of NT$420.55 billion (US$14.24 billion) for last month, up 4.27 percent month-on-month and 5.45 percent year-on-year.
The figure was a company record high for the month of August, which an official attributed to gains in sales of its consumer electronics, components, computer peripherals and cloud computing businesses.
Consumer electronics posted the largest monthly increase, while computer peripherals recorded the biggest annual increase, the official said.
Photo: Ann Wang, Reuters
Cumulative revenue for the first eight months of the year totaled NT$2.88 trillion, down 4.37 percent from a year earlier, company data showed.
Hon Hai on Aug. 12 told an investors’ conference that third-quarter revenue would be higher than the second quarter, but lower than a year earlier.
Separately, leading industrial PC maker Advantech Co Ltd (研華) yesterday reported that revenue dropped for a second straight month to NT$4.3 billion last month, down 10.99 percent from a year earlier.
Sales at its industrial Internet-of-things and applied computing divisions expanded year-on-year last month, but its other divisions saw sales decline.
By destination, Europe and South Korea were its largest markets last month, a company press release said.
In the first eight months of the year, Advantech’s revenue dropped 4.71 percent year-on-year to NT$34 billion, the company said.
Sales in Taiwan, China and South Korea grew annually, while those in the US and Europe slid, the company said.
Advantech president of general management Eric Chen (陳清熙) on July 31 said that he was conservative about the company’s business performance in the third quarter, with some customers having postponed their shipment since June.
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), the world’s largest contract chipmaker, yesterday said its materials management head, Vanessa Lee (李文如), had tendered her resignation for personal reasons. The personnel adjustment takes effect tomorrow, TSMC said in a statement. The latest development came one month after Lee reportedly took leave from the middle of last month. Cliff Hou (侯永清), senior vice president and deputy cochief operating officer, is to concurrently take on the role of head of the materials management division, which has been under his supervision, TSMC said. Lee, who joined TSMC in 2022, was appointed senior director of materials management and
Nvidia Corp CEO Jensen Huang (黃仁勳) on Thursday met with US President Donald Trump at the White House, days before a planned trip to China by the head of the world’s most valuable chipmaker, people familiar with the matter said. Details of what the two men discussed were not immediately available, and the people familiar with the meeting declined to elaborate on the agenda. Spokespeople for the White House had no immediate comment. Nvidia declined to comment. Nvidia’s CEO has been vocal about the need for US companies to access the world’s largest semiconductor market and is a frequent visitor to China.
Hypermarket chain Carrefour Taiwan and upscale supermarket chain Mia C’bon on Saturday announced the suspension of their partnership with Jkopay Co (街口支付), one of Taiwan’s largest digital payment providers, amid a lawsuit involving its parent company. Carrefour and Mia C’bon said they would notify customers once Jkopay services are reinstated. The two retailers joined an array of other firms in suspending their partnerships with Jkopay. On Friday night, popular beverage chain TP Tea (茶湯會) also suspended its use of the platform, urging customers to opt for alternative payment methods. Another drinks brand, Guiji (龜記), on Friday said that it is up to individual
READY TO BUY: Shortly after Nvidia announced the approval, Chinese firms scrambled to order the H20 GPUs, which the company must send to the US government for approval Nvidia Corp chief executive officer Jensen Huang (黃仁勳) late on Monday said the technology giant has won approval from US President Donald Trump’s administration to sell its advanced H20 graphics processing units (GPUs) used to develop artificial intelligence (AI) to China. The news came in a company blog post late on Monday and Huang also spoke about the coup on China’s state-run China Global Television Network in remarks shown on X. “The US government has assured Nvidia that licenses will be granted, and Nvidia hopes to start deliveries soon,” the post said. “Today, I’m announcing that the US government has approved for us
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