Foxconn Electronics (Hon Hai Precision Industry) has reported consolidated revenues of NT$1.38 trillion (US$44.4 billion) for the third quarter of 2018, up 27.6% sequentially and 27.7% on year.

Armenia, with 96% of its terrirtory covered by mountains, has a population of some three million, but the Armenian diaspora amounts to about 10 million people who have had to leave the mountainous homeland to seek opportunities abroad.

Establishment of virtual factories - an integrated digital modeling of whole factories, production lines or single machines - will significantly benefit manufacturing by optimizing equipment utilization, shortening time taken to ready production lines, and removing bottlenecks, according to Davis Si,...

Global enterprises are advised to use real-time monitoring, data collection, combined with back-end analysis applications in order to access early alerts, notifications and any updates to avoid unexpected equipment anomaly or breakdown, according to Bruce Lu, senior consultant, Greater China Pre-sales...

The China market will become the main source of growth in global demand for industrial robots. There were 380,600 industrial robots sold globally in 2017, growing 29% on year, with 138,000 or 36.3% of them shipping to China, hiking 58% on year, according to the International Federation of Robotics.

Inventec has registered consolidated revenues of NT$48.04 billion (US$1.53 billion) for September, down 3.68% on month, but up 11.76% on year with combined consolidated revenues from January-September rising 11.33% on year to arrive at NT$372.78 billion.

Quanta Computer's September sales dropped while most other major notebook ODMs saw their revenues for the month increase.

Taiwan's export value totaled US$29.62 billion in September 2018, hitting the second highest-ever monthly level and growing 4.7% sequentially and 2.6% on year, according to the Ministry of Finance (MOF).

Deeply aware of Taiwan's robust tech prowess, Armenia hopes that industries in both countries can build closer partnerships and that more young tech talent can complement each other through bilateral industrial exchanges, according to Hakob Arshakyan, Armenia's minister of transport, communications...

Ministry of Economic Affairs (MOEA) has signed letters of intent (LoI) with 23 foreign enterprises for planned investments in Taiwan.

LG Electronics has announced its preliminary earnings results for the third quarter of 2018, posting an operating profit of KRW745.5 billion (US$656.55 million), up 44.4% on year.

Taiwan-based server motherboard makers are likely to be required by their clients to accelerate their plans to move production back to Taiwan or other sites outside China, according to industry sources.

Yvonne Chiu, currently chairwoman of the Information Service Industry Association of Taiwan, has been re-elected as chairwoman for the World Information Technology Service Alliance (WITSA), a consortium of ICT organizations around the world.

A growing number of Taiwan-based IT product makers, which are relocating their production in China back to Taiwan or other places in Southeast Asia amid escalating US-China trade tensions, may see weaker results in fourth-quarter 2018 and first-half 2019, industry observers have warned.

EMS provider Qisda has invested in K2 International Medical, a Taiwan-based provider of hemodialyzers, PRP (platelet-rich plasma) and medical aesthetic services, to expand its presence in the medical market segments, according to Qisda chairman Peter Chen.

Dell has teamed up with Wistron to recycle gold from e-wastes and use the recycled gold in its products, marking an upgrade of its closed-loop project launched in 2012 to recycle plastics materials from end-of-life electronics into new Dell products.

As part of the efforts to transform itself into a tech service group from an EMS provider, Foxconn has been actively proceeding with deployments in smart city and smart residential community sectors and its latest deployment is to set up the Foxconn Place Racine in the US state of Wisconsin.

Despite efforts by makers including Samsung Electronics, HTC, Sony and Oculus to accelerate the development of the VR industry globally, sales of VR devices, particularly, the high-end models, have remained lower than expected in 2018, according to industry sources.

The government in Taiwan will take financial stabilization measures to help industries cushion the impact of the escalating US-China trade disputes, according to premier William Lai.

Government-run Hsinchu Science Park (HSP), Southern Taiwan Science Park (STSP) and Central Taiwan Science Park (CTSP) generated combined revenues of NT$1,661.597 billion (US$54.21 billion) in January-August 2018, growing 5.68% on year, according to the Ministry of Science and Technology (MOST).

With sales of a series of Apple's products including the iPhone, MacBook, iMac, Apple TV, iPad and HomePod having fallen below expectations recently, Apple had better adjust its hardware-centric strategy to minimize its operation risks, according to sources from Taiwan's supply chain makers.

Pegavision, a subsidiary of Pegatron, has become an OEM for Japan-based contact lens vendor SEED, according to SEED president and CEO Masahiro Urakabe.

Asustek Compouter has dismissed a recent media report that claimed the company was ready to axe half of its gaming department's personnel with at least 300 employees to be affected, and to also lay off workers in its handset and notebook departments.

Compal Electronics is evaluating the feasibility of restarting its assembly lines in Vietnam amid growing US-China trade tensions and will come to a conclusion by the fourth quarter of 2018, according to company president and CEO Martin Wong.

AU Optronics (AUO), Compal Electronics and Wistron have jointly set up an industry-academic talent training alliance dubbed GOLF (Gap of Learning & Field), seeking to provide students of contracted universities and colleges with free online corporate training and internships at enterprises.