Silitech suffers losses in 2016
Stockwatch - Feb 24, 13:50
Handset-use chassis and keypad maker Silitech Technology has reported a net loss of NT$109.2 million (US$3.544 million) or NT$0.61 per share for 2016.
Industrial robot makers expanding capacity
Feb 24, 11:07
Worldwide robot makers have been expanding their capacity recently with Germany-based Kuka cooperating with the China-based Midea Group to expand its capacity in Europe and China. Meanwhile, Japan-based Yaskawa has also increased investment at its plants, and Taiwan-based Quanta Storage has partnered...
iPad supply chain makers likely to report disappointing 1Q17 sales
Feb 24, 10:48
First-quarter 2017 results of Taiwan-based makers in the iPad supply chain, notably touch panel makers TPK Holding and General Interface Solution (GIS), are hanging in the balance, depending on when Apple is going release its new iPad Pro lineup, according to industry sources.
Foxconn turns to China, initiates large-scale recruitment for company
Feb 21, 16:01
Taiwan-based EMS provider Foxconn Electronics has kicked off recruitment of 12,000 university graduates and 6,000 graduates of senior high schools and junior vocational colleges in China, with the goal for the university graduates being to cultivate engineers for e-commerce, information technology,...
Foxconn chairman pledges shares for loans
Newswatch - Feb 20, 21:35
Foxconn Electronics chairman Terry Gou has pledged a total of 430 million Foxconn shares as collateral to borrow loans from three banks, according to data released by Taiwan Stock Exchange (TSE).
Digitimes Research: ADAS expected to become mainstream car-driving safety system
Feb 18, 10:56
Of the various devices developed by ICT makers to increase car safety, ADAS (advanced driver assistance systems) are expected to become the mainstream driver-safety system, with global production value for ADAS and devices/components estimated to increase to US$12.54 billion in 2020, according to Digitimes...
Notebook industry facing a crisis, says Wistron chairman
Feb 16, 15:35
After experiencing a mild 5% shipment decline in 2016, the notebook industry is braced for a steady year in 2017 with shipments to stop falling, if not start growing. But it is not so, at least, for Simon Lin, chairman of Wistron.
Lenovo quarterly sales down 6% on year
Feb 16, 14:48
Lenovo has announced results for its third fiscal quarter ended December 31, 2016. Quarterly revenues were US$12.2 billion, a 6% decrease year-on-year. Third quarter pre-tax income was US$101 million, a 68% decline year-on-year. Net income fell 67% year-on-year to US$98 million.
Delta Electronics announces deal with Thailand associate
Feb 16, 10:58
Taiwan-based Delta Electronics Inc (DEI) has announced the board of directors of its subsidiary Delta Electronics (Netherlands) BV (DEN) has agreed to a deal in which it will obtain stakes in four overseas subsidiaries owned by Delta Electronics (Thailand), an associate of DEI.
Notebook shipments get bump in 4Q16
Feb 15, 15:57
The final quarter of 2016 brought good news to the global notebook industry, as shipments showed an on-year increase for the first time since 2012, according to data from Digitimes Research.
Foxconn reaffirms US$5 billion investment in India
Feb 15, 15:06
Amid concerns Foxconn is reconsidering plans to set up a mobile handset in India, the Taiwan manufacturing firm has reportedly met with ministers from the state of Maharashtra where it reaffirmed its intent to invest US$5 billion in the state, according to multiple media reports out of India.
Foxconn Technology revenues rise in January
Stockwatch - Feb 13, 15:28
Foxconn Technology Corporation has reported consolidated revenues of NT$8.181 billion (US$263.78 million) for January 2017, representing a 51.63% increase on month and 24.78% increase on year.
AI helps Nvidia reach record revenues
Feb 10, 12:15
Nvidia has reported fourth quarter (ending January 29, 2017) Fiscal Year 2017 revenues of US$2.17 billion, up 55% from US$1.40 billion a year earlier, and up 8% from US$2.00 billion in the previous quarter. For Fiscal 2017, revenues reached a record US$6.91 billion, up 38% percent from US$5.01 billion...
Asustek January revenues hit 9-month low
Feb 10, 11:06
Asustek Computer has reported consolidated revenues of NT$31.349 billion (US$995 million) for January, the lowest monthly level since May 2016 and decreasing 20.75% on month and 11.7% on year, while its combined brand sales of NT$28.085 billion also dropped 22.4% on month and 12% on year.
Wistron, Inventec see mixed January shipments
Feb 9, 14:03
Wistron has announced notebook shipments of 1.3 million units for January, up 18.18% on year from January 2016's 1.1 million units. Meanwhile, Inventec shipped 1.15 million PC devices including notebooks and servers in January, dropping slightly from 1.2 million units in January a year ago.
IBM, Nokia and AT&T get together to foster trust in IoT
Feb 9, 12:15
In a 2016 AT&T survey, 58% of the companies they spoke to stated that were not confident in the security of their IoT devices. This is not surprising considering that in the past three years, AT&T has seen a 3,198% increase in attackers scanning for vulnerabilities in IoT devices.
Lite-On sees revenues drop in January
Stockwatch - Feb 8, 21:52
Lite-On Technology has reported consolidated revenues of NT$16.215 billion (US$520.94 million) for January 2017, representing a 24.18% drop on month and 6.48% drop on year.
Number of connected things to surpass global population in 2017
Feb 8, 14:13
The number of connected "things" in the overall installed base of Internet of Things (IoT) worldwide in 2017 will surpass the total global population for the first time in 2017. According to Gartner there will be 8.4 billion connected things in use worldwide in 2017, up 31% from the 6.4 billion...
Vizio fined US$2.2 million for getting smart with consumers
Feb 7, 16:16
LCD TV vendor Vizio has agreed to pay US$2.2 million to settle charges by the US Federal Trade Commission (FTC) and the Office of the New Jersey Attorney General that it installed software on its TVs to collect viewing data on 11 million consumer TVs without consumers' knowledge or consent.
Inventec expected to see new chairman and president
Feb 7, 11:54
Inventec is planning to have Inventec Solar Energy chairman Tom Cho take over the chairman position of Inventec after current chairman Richard Lee retires. Inventec's president Huang Kuo-chun will also step down, and will be replaced by Maurice Wu, CEO of AiMobile, an Inventec joint-venture company,...
Chassis maker Catcher reported decreased sales for January
Newswatch - Feb 6, 14:39
Notebook chassis maker Catcher Technology has announced consolidated revenues of NT$4.86 billion (US$156.56 million) for January, down 36.3% on month and 22% on year. A decrease in the number of work days in January affected the sales performance for the month.
Apple sees record revenues in 1Q fiscal 2017
Newswatch - Feb 2, 13:33
Apple has announced that it posted all-time record quarterly revenues of US$78.4 billion and all-time record quarterly earnings per diluted share of US$$3.36 for its fiscal 2017 first quarter ended December 31, 2016. International sales accounted for 64% of the quarter's revenues.
Compal ramping up smartwatch shipments to Fossil, says paper
Newswatch - Jan 25, 22:50
Compal Electronics is expected to double OEM smartwatch shipments to brand vendor Fossil to 1.2 million units in 2017, up from 500,000-600,000 units shipped in the previous year, according to a Chinese-language Economic Daily News (EDN) report.
China market: Foxconn to produce bicycles for startup Mobike
Jan 24, 14:43
China-based bike-sharing startup Mobike has reached a strategic cooperation agreement with Foxconn Electronics to jointly design, develop and integrate the global supply chain for production of bicycles, the company said during a press conference held on January 23.
China market: Future Mobility to build smart electric car plant in Nanjing
Newswatch - Jan 24, 10:57
Future Mobility, a joint venture set up by Foxconn Electronics, Tencent Holdings and China Harmony Auto Holding to develop smart electric vehicles in China, will invest CNY11.6 billion (US$1.69 billion) to build a smart vehicle manufacturing plant in Nanjing, according to a company statement.
Component orders from AR/VR vendors still low in 2017
Jan 24, 10:53
Current component orders for production of AR (augmented reality), VR (virtual reality) and MR (mixed reality) head-mounted display (HMD) devices from brand vendors are still insufficient, according to industry sources.
Catcher to establish new subsidiary in China
Stockwatch - Jan 19, 15:54
Catcher Technology has announced a plan to invest US$100 million to establish a wholly-owned subsidiary in Suqian, China for R&D, sales and manufacturing of materials, products and molds.
TEEMA to assist member companies to expand market in ASEAN, says chairman
Jan 18, 16:09
The Taiwan Electrical and Electronic Manufacturers' Association (TEEMA) will actively cooperate with the government initiated "Go South Policy" and will assist its member companies to promote sales in ASEAN (Association of Southeast Asian Nations) countries, according to TEEMA chairman Gou...
ITRI unveils robots and drone management solution
Jan 17, 15:36
Taiwan government-sponsored Industrial Technology Research Institute (ITRI) has unveiled a companion robot based on its Intelligent Vision System (IVS) and an ICT (information and communication technology) solution for managing drones.
ASRock reportedly to take over Pegatron system integrator orders
Jan 17, 13:58
Pegatron Technology has been re-organizing its business groups since the second half of 2016 and has recently decided to gradually shift the group that handles small-to-medium-size motherboard and graphics card design, manufacturing and services for its system integrator clients to its subsidiary ASRock...
Pegatron chairman talks about capacity expansion in North America, says paper
Newswatch - Jan 16, 15:46
Commenting on questions on whether Pegatron Technology will move production to North America during the company's year-end banquet, company chairman TH Tung noted that Pegatron currently has several production sites in the US, and the company would be able to expand capacity 3-5 fold if necessary....