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....
Compal aims to ramp up device shipments by 10% in 2017
Newswatch - Jan 16, 10:53
Compal Electronics aims to ramp up shipments of its device products by 10% to 87 million units in 2017, according to company president Ray Chen. Shipments of device products, including notebooks, tablets, smartphones, smartwatches, TVs, IoT and wearable devices, totaled 79 million units in 2016.
UL appoints new Taiwan country manager
Jan 13, 15:25
UL (Underwriters Laboratories) has appointed TH Chen as its country manager in Taiwan, the site of the safety consulting and certification company's largest business operation outside of the US.
Kinpo Electronics revising production strategy, says president
Jan 13, 14:12
EMS provider Kinpo Electronics has been revamping its production strategy, with factories in China serving mainly for the domestic market, and plants in Thailand and the Philippines mostly for exports to other countries, according to company president Simon Shen.
Xiaomi aims to generate revenues of CNY100 billion in 2017, says CEO
Jan 13, 12:20
Xiaomi Technology aims to garner revenues of CNY100 billion (US$14.5 billion) in 2017 by focusing on five core segments: developing innovative technologies, enhancing retail networks, deepening globalization, stepping into artificial intelligence (AI) and Internet-based finance businesses, according...
BYD wins price negotiation priority for 2017 Asustek notebooks
Jan 13, 11:31
Asustek Computer for the first time adopted online bidding for requests for quotations (RFQ) for notebooks to be launched in 2017, and China-based OEM BYD has won the first right for price negotiation, followed by Taiwan-based Pegatron Technology, Compal Electronics and Quanta Computer, according to...
Kinpo to expand capacity and staff for printer and vacuum cleaner orders, says paper
Newswatch - Jan 12, 15:31
Taiwan-based IT manufacturer New Kinpo Group is planning to expand its capacity at plants in Indiana, the US, and company CEO Simon Shen will visit the construction site after the Lunar New Year. The company's workforce is also expected to expand from 400 currently to 1,000-1,500, according to a Chinese-language...
Delta Electronics sees December revenues increase
Jan 12, 14:53
Delta Electronics has announced its consolidated revenues for December 2016 totaled NT$19.489 billion (US$614.36 million), representing a 6% increase as compared to NT$18.47 billion for December 2015 and a 1% increase as compared to NT$19.321 billion for November 2016.
Pegatron revenues drop in December
Stockwatch - Jan 11, 16:08
Pegatron has reported consolidated revenues of NT$84.014 billion (US$2.63 billion) for December 2016, representing a 33.24% drop on month and 27.43% drop on year.
Altek reports increased revenues for December
Stockwatch - Jan 11, 16:01
Altek has reported consolidated revenues of NT$1.294 billion (US$40.56 million) for December 2016, representing a 10.19% increase on month and 33.62% increase on year.
Quanta sees growth in December revenues; Acer suffers drops
Jan 11, 15:57
Quanta Computer has announced consolidated revenues of NT$104.97 billion (US$3.28 billion) for December, the company's second highest record with on-month growth of 13.42% and on-year growth of 7.78%. The company's consolidated revenues for 2016 were only NT$894 billion, down 11.25% on year.
Foxconn December revenues up on year
Stockwatch - Jan 11, 15:55
Foxconn Electronics (Hon Hai Precision Industry) has reported consolidated revenues of NT$449.64 billion (US$14.05 billion) for December, decreasing 6.45% on month but increasing 9.76% on year.
Wistron increases investment in Kunshan subsidiary
Jan 10, 14:16
Wistron has announced equipment purchases for its subsidiary in Kunshan, China totaling no more than US$195 million, with industry sources speculating that the equipment will be used for the manufacturing of the next-generation iPhone.
Compal sees December revenues drop on year
Stockwatch - Jan 9, 16:35
Compal Electronics has reported consolidated revenues of NT$71.669 billion (US$2.23 billion) for December 2016, representing a 1.21% increase on month and 13.83% drop on year.
Primax sees revenues down slightly in December
Newswatch - Jan 6, 15:09
Peripheral and component supplier Primax Electronics has reported revenues of NT$5.89 billion (US$184.42 million) for December 2016, down 2.81% on month but up 3.33% on year.
HTC unveils Vive Tracker to expand VR experience
Jan 6, 14:08
HTC has announced a new tracking module, dubbed the Vive Tracker, at the ongoing CES. The Tracker allows developers to turn all kinds of real-world objects into controllers for virtual reality experiences, the company said.
Wistron expanding ODM handset production capacity in India, says paper
Newswatch - Jan 4, 11:41
Wistron is expanding ODM handset production capacity at its existing plant in the suburb of New Delhi from the current 600,000-700,00 units to two million a month, and it is also building a new handset plant in Bangalore, India, according to a Chinese-language Commercial Times report.
Foxconn boosting automated production in China
Dec 30, 11:04
Foxconn Electronics is automating production at its factories in China in three phases, aiming to fully automate entire factories eventually, according to general manager Dai Jia-peng for Foxconn's Automation Technology Development Committee.
Shipments of Surface Studio better than expected in 4Q16, say Taiwan makers
Dec 28, 16:07
Global shipments of Microsoft's top-end Surface Studio all-in-one PC during the fourth quarter were originally estimated at 15,000 units mainly because its prices of US$2,999, US$3,499 and US$4,199 are much higher than other AIO PCs', but actually may reach 30,000 units based on orders, and Microsoft...
Card reader maker Castles to debut on TSE
Newswatch - Dec 27, 21:49
Taiwan-based Castles Technology, a specialist in mobile POS devices and contactless readers, will debut on the Taiwan Stock Exchange (TSE) with an initial price of NT$39.45 (US$1.222) on December 30.
Foxconn appoints CMO, says report
Newswatch - Dec 26, 10:37
Foxconn Electronics has named Freddie Yuan as the first person to hold the title of chief marketing officer (CMO) for the company, with the appointment becoming effective in December, according to a Taipei-based Central News Agency (CNA) report.