Foxconn Brazil plant resumes production
Sep 19, 13:54
Foxconn Electronics' (Hon Hai Precision Industry) plant in Brazil has resumed operations after the company enlisted a local arbitration court to resolve an employee strike.
Foxconn considering lawsuit over leukemia report
Sep 16, 15:41
Foxconn Electronics (Hon Hai Precision Industry) is considering taking legal action against UK-based Daily Mail for its recent report claiming Foxconn employees working in Shenzhen plants have developed leukemia. Foxconn has demand the Daily Mail present evidence of its claim within...
ARTC unveils driverless vehicle
Sep 16, 15:07
Taiwan's Automotive Research & Testing Center (ARTC) has recently unveiled a driverless vehicle that it has spent two years developing.
Foxconn reports slight sequential revenue gains for August
Sep 11, 16:11
Foxconn Electronics has reported revenues of NT$275.08 billion (US$9.18 billion) for August, up 5.71% sequentially but down 1.91% on year. For the first eight months of 2014, revenues totaled NT$2.29 trillion, edging up 0.5% from a year earlier.
Foxconn looking to expand investments in Shanxi, China in 2014
Sep 4, 15:45
Foxconn Electronics (Hon Hai Precision Industry) is looking to invest over CNY5 billion (US$813.82 million) in Shanxi province, China in 2014. Foxconn currently has two production hubs in the province and has already invested almost CNY20 billion there, according to company chairman Terry Guo.
Voices from India: How can Taiwan best tap the booming India handset market
Aug 27, 12:27
There will be an estimated 250 million handsets sold in the India market in 2014, 35% of which will be smartphones, an increase from the 23% in 2013. However, with a population of 1.2 billion and an underdeveloped infrastructure in India has resulted in a complicated system for marketing handsets and...
Foxconn sets up rental electric car joint venture in China
Aug 22, 14:36
Foxconn Electronics has established a joint venture with Beijing Electric Vehicle (BEV), a wholly-owned subsidiary of Beijing Automotive Group (BAIC), to offer electric vehicles for rent on an hourly basis. The joint venture is capitalized at CNY100 million (US$16.2 million) and will begin pilot operations...
China market: 2-tier motherboard vendors hiking prices
Aug 22, 10:26
Second-tier motherboard makers have been forced to hike their prices in the China market as the ongoing probe into possible tax evasions by the China government has pushed up operation costs for suppliers, according to industry sources.
Taiwan science parks 1H14 revenues up 0.14% on year, says MOST
Aug 21, 11:57
The government-run Hsinchu Science Park (HSP), Southern Taiwan Science Park (STSP) and Central Taiwan Science Park (CTSP) generated combined revenues of NT$1.065 trillion (US$35.48 billion) in first-half 2014, growing 0.14% on year, according to the Ministry of Science and Technology (MOST).
Foxconn taking aggressive moves to enter IoT industry
Aug 20, 22:11
Foxconn Electronics (Hon Hai Precision Industry) is interested about the Internet of Things (IoT) industry and has been investing in related businesses as well as looking at its existing businesses to make connections with the IoT industry, according to sources from the upstream supply chain.
Inventec posts 2Q14 net EPS of NT$0.41
Aug 18, 15:19
Inventec has released its financial report for the second quarter of 2014, recording consolidated revenues of NT$104.9 (US$3.5 billion), gross margin of 5.3%, net operating profit of NT$1.68 billion, net profit of NT$1.48 billion and net EPS of NT$0.41.
Foxconn 2Q14 profit grows, but revenues drop
Aug 15, 11:00
Foxconn Electronics (Hon Hai Precision Industry) has reported its second-quarter results: consolidated revenues reached NT$879.09 billion (US$29.3 billion), down 0.49% sequentially; gross margin was 7.05%, up 1.01pp from the first quarter; net profit totaled NT$20.19 billion, up 3.2% sequentially;...
Pegatron lands half of 4.7-inch next-generation iPhone orders, say sources
Aug 14, 10:49
Apple's upstream suppliers have begun shipping components for next-generation iPhones recently and Pegatron Technology is estimated to have landed half of the orders for the 4.7-inch model, indicating that Pegatron may supply 25 million of the estimated 50 million 4.7-inch next-generation iPhones shipped...
Pegatron sees growth in July revenues; announces profits for 2Q14
Aug 12, 14:33
Pegatron Technology has announced consolidated revenues of NT$67.3 billion (US$2.24 billion) for July, down 6.69% on month and 1.67% on year, while the company also unveiled net profits of NT$2.48 billion for the second quarter and EPS of NT$0.65.
Quanta sees revenue growth despite notebook shipment decline in July
Aug 12, 12:45
Quanta Computer has announced revenues of NT$77.93 billion (US$2.6 billion) for July, up 8.53% on month and 8.63% on year with combined revenues for the first seven months of 2014 reaching NT$508.27 billion, up 10.48% on year. Quanta shipped 4.2 million notebooks in July, down from 4.3 million units...
Digitimes Research: South Korea ambitious in boosting 3D printing
Aug 7, 10:49
The South Korea government has been actively promoting development of the 3D printing industry, aiming to hike South Korea's 3D printing patents as a percentage of those around the world to 20% and to develop five global leading companies for a global market share of 15% by 2020, according to Digitimes...
Quanta manufactures 60% of Acer tablets in 1H14
Aug 4, 22:15
The majority of Acer's tablet orders returned back into the hand of Quanta Computer, which landed 60% of Acer's orders in the first half of the year, according to sources from the upstream supply chain. Quanta declined to comment about its orders, but said it will continue to focus on profits instead...
Foxconn comments on reports of plans to invest in Anhui, China
Stockwatch - Jul 29, 15:57
Foxconn Electronics (Hon Hai Precision Industry) has commented on reports that will invest in new plants in Anhui, China and is already in negotiations with the local government about related processes, saying that the company's investments need to be evaluated and must be reported to the board for...
Digitimes Research: Japan promoting service robots
Jul 25, 10:37
Japan's Ministry of Economy, Trade and Industry has been boosting the development of service robots, with a target production value of JPY2.65 trillion (US$26.1 billion) and target production of 9.4 million robots specifically for use in health and medical care in 2025, according to Digitimes Resear...
Apple to become largest client for TSMC, say sources
Jul 23, 22:50
Apple is expected to become the largest client for Taiwan Semiconductor Manufacturing Company (TSMC) as the Taiwan-based foundry house has begun to ramp up production of A8 processors and is likely to continue to fabricate the vendor's A9 CPUs in 2015, according to industry sources.
Foxconn recruiting 100,000 workers for China factory, says report
Jul 18, 13:51
Taiwan-based EMS provider Foxconn Electronics is recruiting 100,000 production line workers aged 23-40 for its factory in Zhengzhou City of Henan Province, northern China, mainly for production of Apple's new iPhone, according to a media report from China.
Motherboard players see profits decline in 2Q14
Jul 17, 12:07
Most Taiwan-based motherboard players saw their second-quarter 2014 profits drift downwards due to price-cutting competition led by Asustek Computer and Gigabyte Technology, according to sources from motherboard players.
TCA inks ICT cooperation in Myanmar
Jul 16, 15:09
The Taipei Computer Association (TCA), in a bid to promote ICT cooperation between Taiwan- and Myanmar-based enterprises, on July 15 set up an office and signed a cooperation MoU with the Union of Myanmar Federation of Chambers of Commerce and Industry and second-stage APEC Digital Opportunity Center...
Foxconn June revenues increase
Jul 11, 18:20
Foxconn Electronics (Hon Hai Precision Industry) on July 10 reported consolidated revenues of NT$316.99 billion (US$10.56 billion) for June, growing 18.3% on month and 4.06% on year. Its consolidated revenues of NT$879.401 billion for the second quarter inched down 0.41% on quarter and NT$1.76 trillion...
Pegatron sees increased June revenues
Jul 11, 18:14
Pegatron on July 10 reported consolidated revenues of NT$72.12 billion (US$2.40 billion) for June, growing 9.46% on month and 1.52% on year, NT$210.49 billion for the second quarter, slipping 3.4% sequentially, and NT$428.38 billion for January-June, dipping 0.33% on year.
Notebook ODMs expect 5-10% growth in 3Q14 shipments
Jul 11, 11:56
Notebook ODMs expect their shipments to enjoy a sequential growth of 5-10% in the third quarter and have a chance to advance further in the fourth, helping their shipment ratio for the first and second halves of 2014 reach 45:55.
Pegatron to see over NT$1 trillion in 2014 revenues, say analysts
Jul 9, 12:19
Pegatron is expected to see 2014 consolidated revenues and net profit exceed NT$1 trillion (US$33.3 billion) and NT$10 billion respectively, mainly due to shipments of new-generation iPhones and iPads beginning in the third quarter, according to market analysts.
Should Apple watchers be taking note of a UK IPO?
Jul 7, 23:08
On July 3, England-based Intelligent Energy offered up 16.2 million shares, or 8.76% of the company's capital, to raise approximately US$92 million and put the overall value of the company at more than US$1 billion, making it one of the UK's biggest green energy debut's ever. The IPO is interesting...
Siemens kicks off tour in Taiwan to showcase new technologies
Jun 30, 21:56
The Taiwan branch of Germany engineering firm Siemens AG has announced that it will kick off a two-year tour around Taiwan to showcase Siemens' latest manufacturing technologies through a company designed demo truck, which has been dubbed the "Future of Manufacturing." The truck is expected...
Delta Electronics enjoys booming orders from EMEA markets
Jun 30, 15:14
Power management solution provider Delta Electronics has seen booming orders for industrial automation solutions and power supplies used in telecom infrastructure from markets in Europe, the Middle East and Africa (EMEA) and therefore has had its factory in Slovakia increase production by two shifts...
Foxconn sees profit growth in 2013; expects better performance in 2014
Jun 26, 14:16
Foxconn Electronics (Hon Hai Precision Industry) has announced consolidated revenues of NT$3.95 trillion (US$131.82 billion) for 2013, a new historic high, with EPS growing to NT$8.16, up from the NT$8.03 of 2012. Company chairman Terry Guo expects the company's profits to grow on year in 2014.
Pegatron sees strong profit growth in 2013
Jun 18, 20:59
Pegatron Technology has announced consolidated revenues of NT$949.75 billion (US$31.63 billion) for 2013, up 7.77% on year, with gross margins reaching 4.8%, net profits NT$9.6 billion, up NT$3.2 billion from 2012, and EPS of NT$4.16. The company will distribute a dividend of NT$2.80 in cash.