Quanta Computer Inc (廣達電腦) said it raised NT$300.8 million (US$8.8 million) from an initial sale of shares in a display unit to local investors.
Quanta Computer sold 12 million, or 2 percent, of the 600 million shares it owns in Quanta Display Inc (廣輝電子) for 25 cents each, the company said in a statement to the stock exchange. The company said it may scrap plans this year to raise as much as US$500 million from an overseas share sale.
"It may take more time, maybe next year," Quanta Computer spokesman Tim Li (李杜榮) said in an interview. "Everything depends on the market."
Quanta Computer said it owns about 30 percent of Quanta Display. The venture between Quanta Computer and Japan's Sharp Corp earlier said it will invest about US$1 billion to become Taiwan's first company to make larger displays used in flat monitors and notebook computers.
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) plans to make advanced 3-nanometer chips in Japan, stepping up its semiconductor manufacturing roadmap in the country in a triumph for Japanese Prime Minister Sanae Takaichi’s technology ambitions. TSMC is to adopt cutting-edge technology for its second wafer fab in Kumamoto, company chairman C.C. Wei (魏哲家) said yesterday. That is an upgrade from an original blueprint to produce 7-nanometer chips by late next year, people familiar with the matter said. TSMC began mass production at its first plant in Japan’s Kumamoto in late 2024. Its second fab, which is still under construction, was originally focused on
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Opposition parties not passing defense funding harms Taiwan’s national security, two US senators said separately in rare public criticism. “I am disappointed to see Taiwan’s opposition parties in parliament [the legislature] slash President [William] Lai’s (賴清德) defense budget so dramatically,” Roger Wicker, a Republican who chairs the US Senate Armed Forces Committee, said on social media. “The original proposal funded urgently needed weapons systems. Taiwan’s parliament should reconsider — especially with rising Chinese threats,” he added. Wicker’s post linked to an article published by Bloomberg that said that the two opposition parties’ move was “potentially jeopardizing the purchases of billions of dollars of
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