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NEWS TAGGED BUSINESS
Monday 26 August 2024
Ford holds back BEVs, strengthens HEVs in direct contrast to Honda
Ford is greatly reducing BEV investments while strengthening its business in HEVs, which are cheaper and easier to sell.
Friday 23 August 2024
Lite-On advances liquid-cooling solution shipments and AI server power supplies amid GB200 delays
Amid concerns in the AI server supply chain regarding Nvidia's delayed GB200 shipments, Lite-On Technology reports that its clients are continuing product testing, and shipments can...
Friday 23 August 2024
Singtex's new eco-friendly dyeing plant set to drive revenue growth
Taiwan's Singtex Industrial, known for its commitment to supplying eco-friendly functional textiles, is gearing up for mass production at its newly constructed high-precision dyeing...
Friday 23 August 2024
Apple supplier Pegatron's 2Q24 profit top 9-quarter high
Pegatron's modest growth in its core business, coupled with a significant external gain of NT$2.1 billion (approximately US$67.5 million) from Luxshare Precision's acquisition of...
Friday 23 August 2024
Cadence expects chip demand to gradually turn strong starting 4Q24
Cadence Taiwan country manager Brian Sung expects chip demand to start improving in the fourth quarter of 2024, with the momentum lasting throughout 2025.
Thursday 22 August 2024
Kenmec expects sales recovery in 2H24
Kenmec Mechanical Engineering saw lower-than-expected performance in the first half of 2024 due to fluctuations in the economy and construction delays, even though the company had...
Thursday 22 August 2024
Cheng Mei adopts cautious outlook amid uncertain panel demand in 3Q24
Cheng Mei Materials, a leading polarizer manufacturer, has reported weaker-than-expected panel demand for the third quarter. With the possibility of China adjusting its production...
Thursday 22 August 2024
AI driving chipmaking equipment demand, says Tongtai
Tongtai Machine & Tool is actively expanding its semiconductor equipment business to meet the increasing demand for AI device applications and anticipates revenue from this segment...
Thursday 22 August 2024
Quanta optimistic about AI automation as subsidiary Techman to enter robot market in 2025
Techman Robot (Techman), a business division of Quanta Group, is expected to enter the market in 2025.
Wednesday 21 August 2024
Xiaomi 2Q24 financial statement to be released as automotive, mobile endeavors draw attention
Xiaomi's financial statement for the second quarter of 2024 is expected to be released on August 21.
Wednesday 21 August 2024
AWS makes major investment in Taiwan, highlights cloud computing's role in economic growth
Amazon Web Services (AWS) made a significant investment in Taiwan by announcing the establishment of a new AWS region infrastructure in June, aimed at connecting local startups and...
Wednesday 21 August 2024
Wiwynn sues X for US$61 million over unpaid server parts amid shifts to consignment model
Wiwynn, a Taiwanese cloud infrastructure provider, is suing X (formerly Twitter) for US$61 million, alleging a breach of a 2014 purchase agreement due to non-payment for approximately...
Wednesday 21 August 2024
Getac sees strong growth in rugged industrial computer opportunity pipeline, up 30-40% in potential sales
James Huang, Chairman of Getac Technology (Getac), announced that by the end of 2025, all of Getac's rugged industrial computers will be equipped with NPUs (Neural Processing Units)...
Wednesday 21 August 2024
Microchip hit by cyberattack, operations disrupted
Microchip Technology experienced a cyberattack on August 17 that disrupted its operations. The company is investigating the incident and working to restore normal business functions...
Tuesday 20 August 2024
SDC clears out branch in Slovakia after losing edge in European market
To seize the European market, Samsung Display (SDC) established a production site in Slovakia. However, as its main client, Samsung Electronics, progresses towards internalized production...
CHT
Samsung expands mobile phone production beyond Asian countries, says DIGITIMES Research
SLMs to increase presence in GenAI business opportunities, says DIGITIMES Research
Generative AI market to reach US$1.5 trillion by 2030 with Taiwan holds hardware advantage; software and services to see promising future, says DIGITIMES Research