Pegatron Corp (和碩) yesterday launched a laboratory in Taipei in partnership with NXP Semiconductor NV for the verification of electric vehicle (EV) applications such as smart cockpits.
New products designed for customers are already undergoing the verification process at the laboratory, which is equipped with machines worth more than NT$10 million (US$308,499), the company said, adding that its new smart cockpit solutions utilize NXP’s electrification portfolio and cross-vehicle system solutions.
The new lab is the third joint collaboration between NXP and its partners in Taiwan, which include Hon Hai Precision Industry Co (鴻海精密) and Delta Electronics Co (台達電).
Photo: CNA
“We are bullish about the automotive market,” Gary Cheng (鄭志光), President & CEO at Pegatron, said on the sidelines of the launch ceremony in Taipei’s Beitou District (北投).
“The global auto industry is expected to increase to US$4 trillion to US$6 trillion in 2033, which presents good business opportunities for Taiwan’s electronics industry, and Pegatron as well,” Cheng said.
Pegatron is keen to supply auto applications to automakers in the US, Europe and Japan and to emerging start-ups, he added.
Meanwhile, Pegatron said it is prepared to set up a new European manufacturing base in the Czech Republic, if it secures new orders.
The firm already operates large-scale manufacturing sites in Taoyuan, Mexico and Suzhou, China, to produce verified auto products.
Pegatron said its strength lies in computing-related applications such as gateway, telematics and advanced driver-assistance systems, coupled with its experience in making consumer electronics and communications devices.
The US and EU are poised to levy heavy tariffs on Chinese electric vehicle imports to protect their auto industries, which might provide good business opportunities for local companies given Taiwan’s strategic position, Cheng said.
Pegatron said it aims to boost revenue from auto products to 10 percent of its total revenue next year.
Merida Industry Co (美利達) has seen signs of recovery in the US and European markets this year, as customers are gradually depleting their inventories, the bicycle maker told shareholders yesterday. Given robust growth in new orders at its Taiwanese factory, coupled with its subsidiaries’ improving performance, Merida said it remains confident about the bicycle market’s prospects and expects steady growth in its core business this year. CAUTION ON CHINA However, the company must handle the Chinese market with great caution, as sales of road bikes there have declined significantly, affecting its revenue and profitability, Merida said in a statement, adding that it would
RISING: Strong exports, and life insurance companies’ efforts to manage currency risks indicates the NT dollar would eventually pass the 29 level, an expert said The New Taiwan dollar yesterday rallied to its strongest in three years amid inflows to the nation’s stock market and broad-based weakness in the US dollar. Exporter sales of the US currency and a repatriation of funds from local asset managers also played a role, said two traders, who asked not to be identified as they were not authorized to speak publicly. State-owned banks were seen buying the greenback yesterday, but only at a moderate scale, the traders said. The local currency gained 0.77 percent, outperforming almost all of its Asian peers, to close at NT$29.165 per US dollar in Taipei trading yesterday. The
RECORD LOW: Global firms’ increased inventories, tariff disputes not yet impacting Taiwan and new graduates not yet entering the market contributed to the decrease Taiwan’s unemployment rate last month dropped to 3.3 percent, the lowest for the month in 25 years, as strong exports and resilient domestic demand boosted hiring across various sectors, the Directorate-General of Budget, Accounting and Statistics (DGBAS) said yesterday. After seasonal adjustments, the jobless rate eased to 3.34 percent, the best performance in 24 years, suggesting a stable labor market, although a mild increase is expected with the graduation season from this month through August, the statistics agency said. “Potential shocks from tariff disputes between the US and China have yet to affect Taiwan’s job market,” Census Department Deputy Director Tan Wen-ling
UNCERTAINTIES: The world’s biggest chip packager and tester is closely monitoring the US’ tariff policy before making any capacity adjustments, a company official said ASE Technology Holding Inc (日月光投控), the world’s biggest chip packager and tester, yesterday said it is cautiously evaluating new advanced packaging capacity expansion in the US in response to customers’ requests amid uncertainties about the US’ tariff policy. Compared with its semiconductor peers, ASE has been relatively prudent about building new capacity in the US. However, the company is adjusting its global manufacturing footprint expansion after US President Donald Trump announced “reciprocal” tariffs in April, and new import duties targeting semiconductors and other items that are vital to national security. ASE subsidiary Siliconware Precision Industries Co (SPIL, 矽品精密) is participating in Nvidia
RSS