Leadtek Research Inc (麗臺) on Friday reported that third-quarter revenue surged 93.6 percent year-on-year to NT$1.95 billion (US$63.9 million), as the supplier of graphics processing units (GPUs), artificial intelligence workstations and servers last month collected sizeable receivables of 279 million yuan (US$39.2 million) from China Mobile Ltd (中國移動).
Leadtek is a long-term partner of Nvidia Corp and an authorized reseller of the US GPU maker’s products under its own brand following customized manufacturing and redesigning. It last year secured a 298 million yuan order to supply 200 Nvidia HGX A800 units for servers to China Mobile.
The company plans to collect the remaining receivables of 19 million yuan from China Mobile between 2028 and 2030, it said.
Photo courtesy of Leadtek Research Inc
Leadtek said it would book a loss of about 11.35 million yuan from the China Mobile deal in this year’s financial report after deducting related costs and expected credit losses.
The company’s sales growth also came as shipments of Nvidia’s RTX 50-series GPUs, typically used for gaming and video editing, started to normalize in the second half of this year, it said.
Revenue in the first nine months of this year rose 32.3 percent year-on-year to NT$3.53 billion, it said.
Revenue growth for this quarter is expected to continue as shipments of products equipped with Nvidia’s RTX Pro 6000 Blackwell series GPUs began last month, along with steady demand for RTX 50 units, which entered mass production in July, industry sources said yesterday.
Shares of contract chipmaker Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) came under pressure yesterday after a report that Apple Inc is looking to shift some orders from the Taiwanese company to Intel Corp. TSMC shares fell NT$55, or 2.4 percent, to close at NT$2,235 on the local main board, Taiwan Stock Exchange data showed. Despite the losses, TSMC is expected to continue to benefit from sound fundamentals, as it maintains a lead over its peers in high-end process development, analysts said. “The selling was a knee-jerk reaction to an Intel-Apple report over the weekend,” Mega International Investment Services Corp (兆豐國際投顧) analyst Alex Huang
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) is expected to remain Apple Inc’s primary chip manufacturing partner despite reports that Apple could shift some orders to Intel Corp, industry experts said yesterday. The comments came after The Wall Street Journal reported on Friday that Apple and Intel had reached a preliminary agreement following more than a year of negotiations for Intel to manufacture some chips for Apple devices. Taiwan Institute of Economic Research (台灣經濟研究院) economist Arisa Liu (劉佩真) said TSMC’s advanced packaging technologies, including integrated fan-out and chip-on-wafer-on-substrate, remain critical to the performance of Apple’s A-series and M-series chips. She said Intel and Samsung
TRANSITION: With the closure, the company would reorganize its Taiwanese unit to a sales and service-focused model, Bridgestone said Bridgestone Corp yesterday announced it would cease manufacturing operations at its tire plant in Hsinchu County’s Hukou Township (湖口), affecting more than 500 workers. Bridgestone Taiwan Co (台灣普利司通) said in a statement that the decision was based on the Tokyo-based tire maker’s adjustments to its global operational strategy and long-term market development considerations. The Taiwanese unit would be reorganized as part of the closure, effective yesterday, and all related production activities would be concluded, the statement said. Under the plan, Bridgestone would continue to deepen its presence in the Taiwanese market, while transitioning to a sales and service-focused business model, it added. The Hsinchu
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) has approved a capital budget of US$31.28 billion for production expansion to meet long-term development needs during the artificial intelligence (AI) boom. The company’s board meeting yesterday approved the capital appropriation plan for purposes such as the installation of advanced technology capacity and fab construction, the world’s largest contract chipmaker said in a statement. At an earnings conference last month, TSMC forecast that its capital expenditure for this year would be at the higher end of the US$52 billion to US$56 billion range it forecast in January in response to robust demand for 5G, AI and