Taiwan FamilyMart Co (全家便利商店), the operator of the nation’s second-largest convenience store chain, yesterday broke ground for a new multi-temperature logistics center in Hualien County’s Jian Township (吉安), which is expected to begin operations next year.
FamilyMart president Hsueh Dong-du (薛東都) said at the groundbreaking ceremony that the NT$560 million (US$18.78 million) investment would enhance the convenience store chain’s capacity in sorting and transshipping store merchandise and e-commerce packages.
It would also help improve the chain’s logistics distribution network and operational efficiency in the eastern part of Taiwan, he said in a press release by the Hualien County Government.
Photo courtesy of Taiwan FamilyMart Co
The COVID-19 pandemic has witnessed explosive growth in e-commerce and the frozen food business, and FamilyMart has responded by boosting investments in supply chain integration, logistics enhancement, information management and fresh food processing.
The new two-story logistics center in the Guanghua Industrial Park (光華工業區) will have a total floor space of 2,500 ping (8,260m2), the release said.
It will include processing facilities and warehouses for frozen and room temperature products, it added.
The center will be used mainly by FamilyMart’s logistics subsidiaries Taiwan Distribution Center Co (全台物流) and Re-Yi Distribution Service Co (日翊文化物流), the release said, adding that the investment is to meet the medium and long-term logistics needs in Hualien and Taitung counties.
The large warehousing space in the new logistics center would boost the capacity of the company’s distribution of goods for stores in eastern Taiwan by 40 percent, it said.
FamilyMart has two multi-temperature logistics centers — in Kaohsiung’s Gangshan District (岡山) and in New Taipei City’s Rueifang District (瑞芳) — and several satellite warehouses in Taoyuan and Tainan.
The company on Monday reported consolidated revenue of NT$7.27 billion for last month, up 3.3 percent from a year earlier, thanks to branch expansion and higher fresh food and beverage sales.
Revenue in the first four months of the year grew 1.4 percent annually to NT$28.26 billion, it said.
As of the end of last month, FamilyMart had 4,030 stores in Taiwan, up from 3,980 at the end of last year.
The Taiwan Automation Intelligence and Robot Show, which is to be held from Wednesday to Saturday at the Taipei Nangang Exhibition Center, would showcase the latest in artificial intelligence (AI)-driven robotics and automation technologies, the organizer said yesterday. The event would highlight applications in smart manufacturing, as well as information and communications technology, the Taiwan Automation Intelligence and Robotics Association said. More than 1,000 companies are to display innovations in semiconductors, electromechanics, industrial automation and intelligent manufacturing, it said in a news release. Visitors can explore automated guided vehicles, 3D machine vision systems and AI-powered applications at the show, along
AI SERVER DEMAND: ‘Overall industry demand continues to outpace supply and we are expanding capacity to meet it,’ the company’s chief executive officer said Hon Hai Precision Industry Co (鴻海精密) yesterday reported that net profit last quarter rose 27 percent from the same quarter last year on the back of demand for cloud services and high-performance computing products. Net profit surged to NT$44.36 billion (US$1.48 billion) from NT$35.04 billion a year earlier. On a quarterly basis, net profit grew 5 percent from NT$42.1 billion. Earnings per share expanded to NT$3.19 from NT$2.53 a year earlier and NT$3.03 in the first quarter. However, a sharp appreciation of the New Taiwan dollar since early May has weighed on the company’s performance, Hon Hai chief financial officer David Huang (黃德才)
FORECAST: The greater computing power needed for emerging AI applications has driven higher demand for advanced semiconductors worldwide, TSMC said The government-supported Industrial Technology Research Institute (ITRI) has raised its forecast for this year’s growth in the output value of Taiwan’s semiconductor industry to above 22 percent on strong global demand for artificial intelligence (AI) applications. In its latest IEK Current Quarterly Model report, the institute said the local semiconductor industry would have output of NT$6.5 trillion (US$216.6 billion) this year, up 22.2 percent from a year earlier, an upward revision from a 19.1 percent increase estimate made in May. The strong showing of the local semiconductor industry largely reflected the stronger-than-expected performance of the integrated circuit (IC) manufacturing segment,
COLLABORATION: Softbank would supply manufacturing gear to the factory, and a joint venture would make AI data center equipment, Young Liu said Hon Hai Precision Industry Co (鴻海精密) would operate a US factory owned by Softbank Group Corp, setting up what is in the running to be the first manufacturing site in the Japanese company’s US$500 billion Stargate venture with OpenAI and Oracle Corp. Softbank is acquiring Hon Hai’s electric-vehicle plant in Ohio, but the Taiwanese company would continue to run the complex after turning it into an artificial intelligence (AI) server production plant, Hon Hai chairman Young Liu (劉揚偉) said yesterday. Softbank would supply manufacturing gear to the factory, and a joint venture between the two companies would make AI data