ELECTRONICS
Wiwynn shares slump
Shares of cloud-computing equipment supplier Wiwynn Corp (緯穎科技) yesterday plunged by 9.88 percent to NT$684 in Taipei trading, compared with the TAIEX’s 0.29 percent retreat, after the Chinese-language Economic Daily News reported that Hon Hai Precision Industry Co (鴻海精密) has seized some of Wiwynn’s server orders from Microsoft Corp. Wiwynn, a subsidiary of Wistron Corp (緯創), denied the report and said that it would not comment on an individual customer’s business, adding that all of its orders and operations remain normal.
ELECTRONICS
Unimicron reports blaze
Printed circuit board manufacturer Unimicron Technology Corp (欣興電子) yesterday said that a fire had occurred at its factory in Kunshan, China, earlier in the day and the company was still investigating the cause of the incident. The company said that a fire broke out at Unimicron Technology (Kunshan) Corp (昆山鼎鑫) at about 10:50am, and it had evacuated all employees and reported the incident to the local fire department. The company said that the origin of the fire could have been on the top floor of a factory producing traditional circuit boards. The company was still assessing the losses and would reallocate capacity to reduce the impact on its customers, a statement said.
ELECTRONICS
Demand boosts Yageo
Passive component maker Yageo Corp (國巨) yesterday posted consolidated sales of NT$7.296 billion (US$247.1 million) for last month, up 4.1 percent month-on-month and 113.7 percent year-on-year. Yageo, the world’s No. 3 multilayer ceramic capacitor supplier, attributed the rise to increased demand from its customers, and a gradual improvement in production and capacity utilization at its factories in China. “The global COVID-19 pandemic has not eased and the macroeconomic outlook is still uncertain, but Yageo’s revenues and product portfolios have undergone structural changes,” the company said in a statement, adding that it would continue to focus on high-end applications to deliver stable revenue and growth in profitability. In the first eight months, cumulative sales rose 36.1 percent year-on-year to NT$37.79 billion, the company said.
COMPUTERS
Getac posts lower revenue
Rugged PC vendor Getac Technology Corp (神基科技) yesterday posted consolidated revenue of NT$2.287 billion for last month, 7.14 percent lower than the NT$2.463 billion it reported in the same month last year. In the first eight months of the year, cumulative revenue totaled NT$17.641 billion, up 0.9 percent from NT$17.485 billion in the same period last year, the company said in a filing with the Taiwan Stock Exchange.
ELECTRONICS
HTC eyes handset boost
HTC Corp (宏達電) last week posted revenue of NT$432.4 million for last month, up 52 percent month-on-month, but down 41.1 percent year-on-year. It has been a challenging year for HTC, with cumulative revenue in the first eight months falling 51.6 percent year-on-year. The company also lost president and chief executive Yves Maitre, who resigned on Wednesday last week citing COVID-19 pandemic-related personal reasons, a statement said. HTC chairwoman Cher Wang (王雪紅) has taken over as chief executive. HTC is to launch its U20 5G handset this month, which is to be sold on the HTC Web site and at several electronic outlets, as well as by the nation’s major telecoms.
The domestic unit of the Chinese-owned, Dutch-headquartered chipmaker Nexperia BV will soon be able to produce semiconductors locally within China, according to two company sources. Nexperia is at the center of a global tug-of-war over critical semiconductor technology, with a Dutch court in February ordering a probe into alleged mismanagement at the company. The geopolitical tussle has disrupted supply chains, with some carmakers reportedly forced to cut production due to chip shortages. Local production would allow Nexperia’s domestic arm, Nexperia Semiconductors (China) Ltd (安世半導體中國), to bypass restrictions in place since October on the supply of silicon wafers — etched with tiny components to
Singapore-based ride-hailing and delivery giant Grab Holdings Ltd has applied for regulatory approval to acquire the Taiwan operations of Germany-based Delivery Hero SE's Foodpanda in a deal valued at about US$600 million. Grab submitted the filing to the Fair Trade Commission on Friday last week, with the transaction subject to regulatory review and approval, the company said in a statement yesterday. Its independent governance structure would help foster a healthy and competitive market in Taiwan if the deal is approved, Grab said. Grab, which is listed on the NASDAQ, said in the filing that US-based Uber Technologies Inc holds about 13 percent of
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday received government approval to deploy its advanced 3-nanometer (3nm) process at its second fab currently under construction in Japan, the Ministry of Economic Affairs said in a news release. The ministry green-lit the plan for the facility in Kumamoto, which is scheduled to start installing equipment and come online in 2028 with a monthly production capacity of 15,000 12-inch wafers, the ministry said. The Department of Investment Review in June 2024 authorized a US$5.26 billion investment for the facility, slated to manufacture 6- to 12nm chips, significantly less advanced than 3nm process. At a meeting with
Taiwan’s food delivery market could undergo a major shift if Singapore-based Grab Holdings Ltd completes its planned acquisition of Delivery Hero SE’s Foodpanda business in Taiwan, industry experts said. Grab on Monday last week announced it would acquire Foodpanda’s Taiwan operations for US$600 million. The deal is expected to be finalized in the second half of this year, with Grab aiming to complete user migration to its platform by the first half of next year. A duopoly between Uber Eats and Foodpanda dominates Taiwan’s delivery market, a structure that has remained intact since the Fair Trade Commission (FTC) blocked Uber Technologies Inc’s
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