Contract electronics manufacturer Wistron Corp (緯創) plans to invest about NT$11.1 billion (US$400.58 million) in Taiwan, in line with its global deployment strategy, the Ministry of Economic Affairs said on Friday.
The company’s investment is also a demonstration of robust demand for 5G, artificial intelligence (AI) and Internet of Things applications, the ministry said in a statement.
Wistron, spun off from Acer Inc (宏碁) in 2001, is a notebook computer original design manufacturing partner to major PC brands. The company, which is based in Taipei’s Neihu District (內湖), also produces servers, data storage devices, game consoles and communications products for brand clients on a contract basis.
Photo: EPA-EFE
In the past few years, the company has expanded its business scope to provide technical service platforms and solutions, covering education, medical and corporate services.
Worldwide, Wistron has 12 manufacturing bases, 10 research and development centers, and 14 customer service centers, the ministry said.
Wistron plans to build a new plant at the International AI Smart Park (國際AI智慧園區) in Hsinchu County’s Jhubei City (竹北) to establish production lines for AI, 5G, server and computing products, it said.
“The company expects to seize market opportunities from the new wave of technology,” the ministry said. “It also aims to create employment opportunities for thousands of [people with] tech talent [in Taiwan].”
Wistron on Wednesday reported consolidated revenue of NT$70.28 billion for last month, up 4.08 percent from July and up 0.38 percent from the same month last year.
Shipments of notebook computers last month increased by 100,000 units from the previous month to 2.1 million units, desktop computer shipments were flat at 700,000 units and monitor shipments increased by 200,000 units to 1.4 million units, the company said.
Cumulative revenue in the first eight months of the year decreased 5.03 percent annually to NT$51.6 billion, it said.
Wistron said its outlook for orders for the fourth quarter of this year is not pessimistic, but a shortage of materials still exists, and the global COVID-19 situation is difficult to predict.
Given global uncertainty over the Delta variant of SARS-CoV-2 and key component shortages along its supply chain, the company said that it was cautiously optimistic about its outlook for this month and this quarter.
Wistron was one of five local companies that the ministry approved last week to join the government’s three-year action plan for domestic investment. The others were Great Biomaterials Co (大環淨生物科技材料), TopGiga Material Corp (鎧暘科技) and Solar Bus (日統汽車客運).
It is also one of 991 companies granted ministry approval — for an investment total of NT$1.336 trillion — since the government launched incentive programs at the beginning of 2019.
The firms’ investments are expected to provide 113,405 jobs, while another 48 firms are awaiting approval, the ministry said.
Apple Inc’s iPhone 13 debut was met with a stock slump on Tuesday, keeping with a tradition of poor share price performance on the day new devices are unveiled. Shares of the technology giant sank after Apple executives, including chief executive officer Tim Cook, presented the new lineup of phones and other devices. The stock fell 1 percent to close at US$148.12 in New York trading. Prior to Tuesday, Apple’s shares fell on three-quarters of the days Apple unveiled new iPhones, data compiled by Bloomberg showed. Excluding Apple’s 8.3 percent rally on the day cofounder Steve Jobs announced the first iPhone in
As Google expands its footprint in Taiwan, it plans to recruit software and hardware talent for its Google Nest smart device team, a chip development team, and teams to support its Pixel and Chromebook products, Google Taiwan said yesterday. Supply chain management talent will also be in demand, the company said at an online event. “There will always be openings for software engineers, hardware engineers and project managers,” Google Taiwan human resources head Vanessa Lu (呂亞樵) said. “The strength of the Taiwanese industry is very clear,” Lu said, adding that the company would continue to invest in Taiwan. Lu also doused some
BEATING SCHEDULE: Government plans are for nacelle assemblies to be totally local from next year, but Orsted Taiwan said that it was going ‘above and beyond’ Wind turbine manufacturer Siemens Gamesa Renewable Energy SA yesterday inaugurated Taiwan’s first nacelle assembly plant at the Port of Taichung, its first assembly facility for offshore nacelles outside Europe. Vice Premier Shen Jong-chin (沈榮津), a long-time champion of Taiwan’s ambitions to become a regional hub in the offshore wind farm industry, described the plant as a “milestone” at a ceremony at the plant. “The completion of Siemens Gamesa’s nacelle assembly plant is a milestone for the development of the offshore wind farm industry in Taiwan and a step toward localizing the supply chain,” Shen said. “This is only the beginning. My great hope
ROBUST DEMAND: 5G, AI and Internet of Things technologies are driving growth and employment, as the company plans a new plant in Hsinchu County Contract electronics manufacturer Wistron Corp (緯創) plans to invest about NT$11.1 billion (US$400.58 million) in Taiwan, in line with its global deployment strategy, the Ministry of Economic Affairs said on Friday. The company’s investment is also a demonstration of robust demand for 5G, artificial intelligence (AI) and Internet of Things applications, the ministry said in a statement. Wistron, spun off from Acer Inc (宏碁) in 2001, is a notebook computer original design manufacturing partner to major PC brands. The company, which is based in Taipei’s Neihu District (內湖), also produces servers, data storage devices, game consoles and communications products for brand clients
RSS