Pegatron Corp (和碩) yesterday said that it expects increased demand for consumer electronics products would continue throughout this year, after the company posted a five-year high earnings per share for last year.
“Demand for consumer electronics will accelerate,” Pegatron chief executive officer Liao Syh-jang (廖賜政) told an investors’ conference in Taipei. “We can expect people to upgrade their handsets and new technologies to blossom in the automotive electronics sector.”
However, Pegatron is cautious about component shortages, Liao said.
Photo: Vanessa Cho, Taipei Times
“The unpredictable supply of components is the only factor that is beyond our control,” he said.
Pegatron has long invested in automotive electronic control system products, which Liao predicted would become a major source of revenue, in addition to electric bicycles, electric scooters and distance medical care.
The company said that it started supplying to Tesla Inc in January, and has established relations with other global automakers.
The long product life cycle of vehicles makes the sector a stable business opportunity for Pegatron, Liao said.
“Conventional cars have a life cycle of eight to 10 years, while electric vehicles have a life cycle of five to six years. Customers don’t tend to change suppliers during that time,” he said.
Asked why Pegatron has decided to set up a factory in North America, Liao said that being close to its customers is the main reason.
The company posted earnings per share of NT$7.73 for last year, up from NT$7.40 in 2019.
It is proposing distributing a cash dividend of NT$4.5 per share, representing a dividend yield of 5.94 percent based on its closing share price of NT$75.7 yesterday, it said.
European Central Bank (ECB) President Christine Lagarde is expected to step down from her role before her eight-year term ends in October next year, the Financial Times reported. Lagarde wants to leave before the French presidential election in April next year, which would allow French President Emmanuel Macron and German Chancellor Friedrich Merz to find her replacement together, the report said, citing an unidentified person familiar with her thoughts on the matter. It is not clear yet when she might exit, the report said. “President Lagarde is totally focused on her mission and has not taken any decision regarding the end of
French President Emmanuel Macron told a global artificial intelligence (AI) summit in India yesterday he was determined to ensure safe oversight of the fast-evolving technology. The EU has led the way for global regulation with its Artificial Intelligence Act, which was adopted in 2024 and is coming into force in phases. “We are determined to continue to shape the rules of the game... with our allies such as India,” Macron said in New Delhi. “Europe is not blindly focused on regulation — Europe is a space for innovation and investment, but it is a safe space.” The AI Impact Summit is the fourth
CONFUSION: Taiwan, Japan and other big exporters are cautiously monitoring the situation, while analysts said more Trump responses ate likely after his loss in court US trading partners in Asia started weighing fresh uncertainties yesterday after President Donald Trump vowed to impose a new tariff on imports, hours after the Supreme Court struck down many of the sweeping levies he used to launch a global trade war. The court’s ruling invalidated a number of tariffs that the Trump administration had imposed on Asian export powerhouses from China and South Korea to Japan and Taiwan, the world’s largest chip maker and a key player in tech supply chains. Within hours, Trump said he would impose a new 10 percent duty on US imports from all countries starting on
STRATEGIC ALLIANCE: The initiative is aimed at protecting semiconductor supply chain resilience to reduce dependence on China-dominated manufacturing hubs India yesterday joined a US-led initiative to strengthen technology cooperation among strategic allies in a move that underscores the nations’ warming ties after a brief strain over New Delhi’s unabated purchase of discounted Russian oil. The decision aligns India closely with Washington’s efforts to build secure supply chains for semiconductors, advanced manufacturing and critical technologies at a time when geopolitical competition with China is intensifying. It also signals a reset in relations following friction over energy trade and tariffs. Nations that have joined the Pax Silica framework include Japan, South Korea, the UK and Israel. “Pax Silica will be a group of nations
RSS