Advantech has released financial reports for the first quarter of 2021, with consolidated revenues of NT$13.161 billion (US$463 million), operating profit of NT$2.287 billion and net profit of NT$1.913 billion being the respective highest first-quarter figures ever on record.
AppWorks, the largest venture capital (VC) firm in Taiwan and Southeast Asia, manages three VC funds with a total asset of US$212 million after 10 years of efforts. Not only has the firm reached profitability, but it has also incubated an accumulated total of 56 startups, including four successful IPOs, one centicorn (worth over US$100 billion), one decacorn (worth over US$10 billion), one unicorn and six centaurs (worth over US$100 million). The entire ecosystem is made up of 400 active startups reaching an estimated total worth exceeding US$10 billion, employing 17,000 professionals and generating annual revenue of US$8 billion.
China's software industry consisting of 39,719 companies generated revenues totaling CNY1,902.955 billion (US$293.65 billion) in first-quarter 2021, growing 26.5% on year, according to China's Ministry of Industry and Information Technology (MIIT).
The Industrial Technology Research Institute (ITRI) will start operation of an in-house-developed intelligent machinery cloud computing platform in July 2021 to help companies migrate to smart manufacturing.
Taiwan-based pure-play foundry house UMC has told clients that it will raise manufacturing quotes in 2022. Some mature segments at UMC will see at least a 40% rise in foundry quotes. Some IC designers, such as Phison and Silicon Motion, who are keen on securing supply, have already placed orders with their foundry partners for 2022. Singapore is well-known for its service and finance sectors, but it has ambitions to play a bigger role in manufacturing in Southeast Asia. Yip Wei Kiat, Singapore's trade representative in Taipei, told Digitimes in a recent interview how his country can be a gateway for manfacturers seeking to invest in ASEAN.
3D dynamic simulation technology and facility developer Brogent Technologies has disclosed it has completed a flying theater at a shopping center in Turkistan, Kazakhstan, becoming the first one of its kind in central Asia.
Wired Magazine once indicated in a report that as the ultimate human-machine interface for various technological devices, AR technology in the 5G and 6G era will be used for integrating a comprehensive range of information and presenting it to the user in real time. With the COVID-19 pandemic ravaging the world, remote communication has become an important operating mechanism of society, highlighting the crucial role AR/VR plays in such systems. From this perspective, two resident teams at Taiwan Tech Arena (TTA), HorusEye Tech and Toii, led a discussion, "Crossing X Realms: Utilizing AR's new 'Realm of Vision' to enhance your immediate combat power," at a recent forum organized by Digitimes.
Taipei AMPA (Automobile and Motorcycle Parts and Accessories) and Autotronics Taipei are being held from April 14-17 with a total of 380 exhibitors showcasing their latest automotive components, car electronics, electric vehicles (EV) and IoT innovations.
Taiwan-based AWS Premier Consulting Partner eCloudvalley has formed strategic alliance with software solution providers such as Salesforce, SAP, Oracle and National Instruments (NI) to beef up digital transformation business in 2021.
SiriuXense has developed a medical patch equipped with physiological sensors to monitor fetal heart rates, movements and ECG (electrocardiogram) during pregnancy, according to Tsai Fu-ji, CEO of the startup.
Power supply maker and energy management solution provider Delta Electronics has upgraded a plant in Taiwan to a smart factory based on 5G private network through cooperation with Far EasTone Telecommunications (FET), Microsoft and PTC, according to Delta.
The current short supply of semiconductor fab capacity is not normal, as the overall capacity should be more than enough to satisfy all demand in normal times, according TSMC chairman Mark Liu, who describes as "economically unrealistic" attempts by the US and Europe to expand their own fab capacity to satisfy all of their needs. But the short supply has been sending foundry quotes rising, with UMC and PSMC set to adjust upward their quotes by 10-20% starting April for rush orders. The eletric vehicle (EV) industry has seen fast development with rosy long-term outlook, thanks to government policy support, according to industry experts speaking at a forum on future cars held in Taipei.
The pandemic has been accelerating digital transformation at enterprises and industries worldwide with over 65% of global GDP estimated to come from digital products and services in 2022, and many sectors including healthcare, catering, manufacturing and retail are fast creating brand-new digital business models via AI and 5G applications, according to Terence Liao, general manager at Dell Taiwan.
Taiwan's cabinet has decided to establish a ministry of digital development in 2022 to accelerate the country's digital transformation, promote digital economy and improve information and communications security, according to minister without portfolio Yau-hwang Kuo .