Quanta Cloud Technology (QCT, 雲達科技), a server unit of Quanta Computer Inc (廣達電腦), yesterday said it would accelerate its expansion of capacity next year to catch up with growing demand for servers and cloud-computing products.
QCT has two new investments in the US totaling US$42 million to fund the expansion of laptop and server assembly lines, and to “support the future growth of our server business,” QCT president Mike Yang (楊麒令) said.
“We are also adding a new factory in Thailand and preparing for capacity expansion in Europe,” Yang said. “We are investing in a promising future.”
Photo: CNA
In total, QCT plans to introduce more than 10 new production lines next year, Yang told a media briefing, following the launch of the company’s first 5G Open Lab in New Taipei City’s Linkou District (林口) in collaboration with Intel Corp.
The lab would assist partners in carrying out end-to-end integrated development and testing on a private 5G network set up by QCT, and would serve as an incubation center for 5G solutions, the company said.
Yesterday at the lab, QCT demonstrated how smart manufacturing works on 5G enterprise private networks. The lab offers services for customers from Taiwan, Japan, Singapore and South Korea.
Photo: CNA
To meet demand from more customers, the company plans to open a similar lab in Germany next year and another one in the US, Yang said.
Despite the challenges ahead, the company has landed “more orders for next year than this year,” Quanta chairman Barry Lam (林百里) said
“Some customers placed orders for the whole of next year, or even for the next two years. This is the first time in Quanta’s 30-year history that we have seen short supply and such a long period of ordering,” Lam said.
Next year, the supply of materials and components should gradually improve, although it could remain a concern, Lam said.
Quanta is facing a less severe situation than other firms, given its large-scale production and prestigious customers, he added.
Lam said that Quanta should see continued revenue growth for the whole of this year, after revenue increased 2.41 percent to NT$1 trillion (US$36.08 billion) in the first 11 months, up from NT$981.04 billion for the same period last year.
Asked what he thought of the metaverse, Lam said Quanta is ready with augmented-reality and virtual-reality devices, and hopes to create more business opportunities through the 5G lab.
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) secured a record 70.2 percent share of the global foundry business in the second quarter, up from 67.6 percent the previous quarter, and continued widening its lead over second-placed Samsung Electronics Co, TrendForce Corp (集邦科技) said on Monday. TSMC posted US$30.24 billion in sales in the April-to-June period, up 18.5 percent from the previous quarter, driven by major smartphone customers entering their ramp-up cycle and robust demand for artificial intelligence chips, laptops and PCs, which boosted wafer shipments and average selling prices, TrendForce said in a report. Samsung’s sales also grew in the second quarter, up
LIMITED IMPACT: Investor confidence was likely sustained by its relatively small exposure to the Chinese market, as only less advanced chips are made in Nanjing Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) saw its stock price close steady yesterday in a sign that the loss of the validated end user (VEU) status for its Nanjing, China, fab should have a mild impact on the world’s biggest contract chipmaker financially and technologically. Media reports about the waiver loss sent TSMC down 1.29 percent during the early trading session yesterday, but the stock soon regained strength and ended at NT$1,160, unchanged from Tuesday. Investors’ confidence in TSMC was likely built on its relatively small exposure to the Chinese market, as Chinese customers contributed about 9 percent to TSMC’s revenue last
Taiwan and Japan will kick off a series of cross border listings of exchange-traded funds (ETFs) this month, a milestone for the internationalization of the local ETF market, the Taiwan Stock Exchange (TWSE) said Wednesday. In a statement, the TWSE said the cross border ETF listings between Taiwan and Japan are expected to boost the local capital market’s visibility internationally and serve as a key for Taiwan becoming an asset management hub in the region. An ETF, a pooled investment security that is traded like an individual stock, can be tracked from the price of a single stock to a large and
Despite global geopolitical uncertainties and macroeconomic volatility, DBS Bank Taiwan (星展台灣) yesterday reported that its first-half revenue rose 10 percent year-on-year to a record NT$16.5 billion (US$537.8 million), while net profit surged 65 percent to an unprecedented NT$4.4 billion. The nation’s largest foreign bank made the announcement on the second anniversary of its integration with Citibank Taiwan Ltd’s (花旗台灣) consumer banking business. “Taiwan is a key market for DBS. Over the years, we have consistently demonstrated our commitment to deepening our presence in Taiwan, not only via continued investment to support franchise growth, but also through a series of bolt-on acquisitions,” DBS
RSS