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Thursday 19 December 2019
Advice for startups at X Fail 2019
Mentors at accelerators or incubators have to consider failures possibly happening to startups due to infeasible business models, unmarketable products and services, according to advice provided by speakers at X Fail 2019 taking place in Taipei recently.About 95% of startup businesses cannot survive eventually, and many fail because they are overly cling to the prototypes of their products, services and business models, said Ben Jai, president for Hope Bay Technologies.For accelerators or incubators, the key to startups' sustainable development of startup businesses is whether the mentors at their accelerators or incubators have keen market sensitivity to recommend viable business models or modification of prototype ones, Jai indicated.Accelerators or incubators, while helping startup businesses to enter the market, seldom place enough emphasis on the importance of adjusting the business model when necessary, resulting in complacency during acceleration and incubation, indicated Pokai Chen, founder and CEO of AirSig.Startups must know when to stop: If the products and services are unmarketable and the business models infeasible, givem them up, advised Jai and Chen, both having experienced failure in their businesses.
Thursday 19 December 2019
iMarts offers multilingual translation of tourism information
iMarts Intelligent Technology has developed a smartphone-based solution for multilingual translation of tourism information such as restaurant menus and sight-seeing spots via QR Code, according to company founder and CEO Muriel Kuan.Wide use of the solution hinges on support by large exhibitions or events, and for the time being, iMarts looks to the 2020 Tokyo Olymic Games, Kuan said. Then, iMarts will focus business promotion on Chinese tourists going abroad and analyze destinations of their overseas tours, Kuan noted.In view of fast growing international business travelers and tourists in Southeast Asian countries, iMarts plans to provide multilingual translation services there, Kuan indicated, adding it plans to do so in Europe prior to the 2024 Paris Olympic Games.
Wednesday 18 December 2019
Highlights of the day: Taiwan suppliers eyeing China PC replacement demand
China has orders all public and government units to replace their foreign computers and software with locally developed ones within three years, releasing potential orders for more than 30 million PCs. Taiwan-based components and semiconductor service providers are set to make gains from such huge replacement demand. The order is in line with China's campaign to cut reliance on IT supplies from the US, including memory products. China's home-grown Yangtze Memory is gearing up its capacity expansion; so is Samsung for NAND flash production.Taiwan IC supply chain eyeing huge China PC CPU demand in 2020: Chip demand for PCs from China will pick up substantially in 2020 due to large-scale replacement of PCs by the government and military sectors, providing huge business opportunities for Taiwan's semiconductor supply chain increasingly needed to help China cut reliance on US supplies of CPUs and other key IC components, according to industry sources.Samsung, Yangtze Memory stepping up capacity expansion pace: Samsung Electronics and China's Yangtze Memory Technology (YMTC) have both stepped up equipment purchases for building additional new NAND flash fabrication lines since the second half of 2019, according to industry sources.
Wednesday 18 December 2019
Kiwi Campus to produce service robots in Taiwan
Colombia-based Kiwi Campus, a startup developing service robots for use in university campuses, will cooperate with Taiwan-based metal-alloy chassis maker AVY Precision Technology to produce such service robots in Taiwan, according to company co-founder and COO Sergio Pachon.Kiwi currently produces robots in Shenzhen, China, and the collaboration with AVY Precision to produce a 4th-generation service robot - measuring 52cm (length) x 44cm (width) x 53mm (height) - means that such robots will be tested and assembled in Taipei to save time and cost for its technical staff members to fly between California and Shenzhen, Pachon said, adding taht development of the model will be finised by the end of March 2020 and trial production for 1-2 months will follow.Kiwi has applied for venture capital investment from Taiwan government's Business Angel Investment Program under National Development Fund and has chosen National Taiwan University and Shih Hsin University, both in Taipei, as initial partners for operation of its robots.Kiwi Campus co-founder and COO Sergio PachonPhoto: Shihmin Fu, Digitimes, December 2019Kiwi-developed service robotsPhoto: Company
Wednesday 18 December 2019
Taiwan autonomous vehicles as part of MaaS
As a tool for transforming transportation, autonomous vehicles are to be developed to become a part of MaaS (mobility as a service), according to the architect of Taiwan's law governing development of unmanned vehicles.When drafting the Statute for Experiments of Technological Innovations in Unmanned Vehicles, Andrew Yeh said he incorporated possibly all the parameters that would affect progress in experimenting autonomous vehicles.The statute is based on 2+1+1 principle where 2 refers to road experiments for two years, the first "1" means room of regulatory sandbox for exemption from regulations concerned and the second "1" refers room for necessary amendment, Yeh noted.Yeh, the cabinet's depute executive secretary for the Office of Science and Technology under the Executive Yuan, said he and his colleagues had collected ideas and opinions from universities, firms, developers and operators of autonomous before writing the draft, which became law in early 2019.One of the crucial parts of the law stipulates that the authorities concerned must finish examination of applications for experimenting technological innovations in autonomous vehicles within 60 days following submission of the applications.The authorities concerned include transportation authorities under local governments for general urban and rural roads, Freeway Bureau and Directorate General of Highways under Ministry of Transportation and Communications (MOTC) for freeways and intercity highways respectively, administrations of industrial parks for roads inside such parks.To enforce the statute, the Ministry of Economic Affairs (MOEA) has drafted a subsidization scheme for experimental or trial operation of unmanned vehicles, which will match a 5-year plan that MOTC will soon announce for developing smart transportation systems, Yeh noted. Applicants for MOEA's subsidies have to propose detailed experiment plans, including information on the number of autonomous electric buses, the number of trips a day, time interval between two consecutive trips, the volume of high-precision electronic maps (in km) in use, needed roadside IoV (Internet of Vehicle) infrastructure, Yeh indicated.Both MOEA and MOTC will set aside budgets to encourage local governments to designate roads and promote local bus service operators to undertake on-road experiments of autonomous electric buses, Yeh indicated.Andrew Yeh, deputy executive secretary for Office of Science and TechnologyPhoto: Yihan Li, Digitimes, December 2019
Wednesday 18 December 2019
SmartLabs to establish biomedical startup base in Taiwan
US-based accelerator SmartLabs will establish a biomedical entrepreneurship base at Hsinchu Biomedical Science Park, northern Taiwan, to support Taiwan-based biomedical startups, according to the Ministry of Science and Technology (MOST).The base, under MOST's financial sponsorship and technological support from government-sponsored Industrial Technology Research Institute (ITRI), will be linked to Taiwan's universities, related organizations and firms, hospitals and biomedical industry, MOST noted.SmartLabs focuses on accelerating startups engaged in R&D of treating cancers and rare diseases and has incubated six of the globally top-10 gene editing startup businesses including Editas Medicine and CRISPR Therapeutics, company CEO Amrit Chaudhuri said.The base to be set up in Taiwan is SmartLabs' first overseas base, as Taiwan's advanced medical care and high-tech industries can play a portal for SmartLabs' entry into Asia Pacific's biomedical startup market, Chaudhuri explained.MOST and SmartLabs will work together to select Taiwan-based biomedical startups for the SmartLabs Global Launch program, which will provide customized and localized accelerator services focusing on international marketing, compliance with patent and administrative regulations related to biomedicine, financial planning and fundraising, MOST indicated.MOST will subsidize outstanding startups for a 3-month practical training at SmartLabs' headquarters in Boston.SamrtLabs's CFO Seth Taylor (left), CEO Amrit Chaudhuri (second left), amd MOST minister Chen (center) Liang-geePhoto: MOST
Wednesday 18 December 2019
GameMind helps banks, insurers in credit evaluation
AI-based precision marketing solution developer GameMind has introduced parameters for banks and insurance companies to evaluate credit for people without credit records, mostly students and those who are starting their careers, for deciding on appropriate banking services (such as credit cards) and premium rates respectively, according to company chief marketing officer Young Li-chieh.The solution consists of extensive collection of various open documented data and unlocking of file formats to facilitate data processing in the first step, and text analysis and semantic interpretation in the second step, Young explained.GameMind provides API for banks and insurance companies to use the results of semantic interpretation. A bank can use API to quickly verify the background of an applicant for a bank account, Young noted.GameMind plans to develop a model that can automatically estimate credit points, Young indicated. However, two problems have to be solved: How to allocate relevant parameters to obtain the credit point that best reflects the facts, and how to examine the accuracy for credit points, Young noted.GameMind CEO Wang Wenyn (left) and chief marketing officer Young Li-chiehPhoto: Yihan Li, Digitimes, December 2019
Tuesday 17 December 2019
Highlights of the day: 5G SoC prices likely to drop in 2H20
Although demand for 5G smartphones is expected to pick up dramatically in 2020, prices of related SoC are expected to stay unfriendly for the first half of 2020 and are unlikely to begin to drop until the second half. Meanwhile, Quanta's plant in Thailand for making Google's smart speakers will start trial production earlier than expected. HDI PCBs are seeing strong demand from many different applications and their quotes are also expected to pick up and benefit the related makers' profitability, while Tyntek has begun trial production at its 6-inch epitaxial wafer factory for sensors and LED chips.Prices of 5G SoC may drop in 2H20: Unit prices for 5G mobile SoCs may begin to ease off in the second half of 2020, according to industry sources.Quanta new Thailand plant ready for Google Home trial production: Taiwan-based ODM Quanta Computer reportedly will begin trial production of Google Home smart speakers at its new plant in Thailand later in December well ahead of schedule, according to industry sources.HDI PCB makers striving to improve product mix for higher profits: Taiwan-based HDI PCB manufacturers have put increased focus on non-handset applications to improve product portfolios, which is expected to drive up their quotes and profitability in 2020 amid the increasingly tight supply, according to industry sources.Tyntek starts trail run at 6-inch epitaxial wafer factory: LED chip and Si-based sensor maker Tyntek has begun trial operation of its 6-inch epitaxial wafer factory, focusing on production of customized Si-based sensors for use in automotive sensing, medical care, industrial automation and monitoring, according to the company at a December 16 investor conference.
Tuesday 17 December 2019
Handset vendors, supply chain makers accelerating capacity relocation outside China, says Digitimes Research
Handset vendors and related supply chain makers in China are accelerating their push to build up production capacities outside China as the country's production of smartphones are expected to contract over 100 million units by an annual rate in 2019 and its status being the world's factory has been challenged by its lingering trade dispute with the US, according to Digitimes Research.Samsung Electronics pioneered the relocation move a few years ago on concerns out of its global deployment and the fact that domestic demand for handsets in China is dwindling. It has shut down all of its handset manufacturing lines in China and moved the majority of its handset capacity to India and Vietnam, while also beginning to outsource models with high price/performance ratios to China-based ODMs.For the India market, China-based Xiaomi, Oppo and Vivo have also either set up their own production lines, or subcontracted handset production to local OEMs, in the country to capitalize on growing demand there and to be in line with the government's "Made-in-India" policy.Supply chain makers of non-iPhone products have actually formed two handset manufacturing clusters in Noida and Chennai, India, respectively. The supply chains related to Samsung, Oppo and Vivo are mostly located in Noida, while Xiaomi's supply chain makers are mostly based in Chennai, says Digitimes Research.China's top-three handset ODMs – the Wingtech Group, Huaqin Telecom Technology and Longcheer – have also deepened their deployments in India by setting up factories of their owns or committing equity investments in local companies.Chinese LCD module makers including Holitech Technology and Lianchuang Electronics (LEC) have also established production lines in India to cope with a planned move by the India's government to start levying tariffs on imports of touch panels and display products.While most Apple's suppliers, scattered around the globe in the US, Brazil, China, India, and Vietnam, are having assembly capacity, the bulk of the production capacity for its iPhone devices is still concentrated in China. Apple has limited production capacity in India and is not yet having handset manufacturing capacity in Vietnam.
Monday 16 December 2019
Highlights of the day: TSMC expands partnerships to satisfy orders
Taiwan Semiconductor Manufacturing Company (TSMC) has expanded its cooperation with partners as a measure to satisfy its clients. It has placed orders with Teradyne for more test equipment and teamed up with MA-tek and iST over the IC analysis field in a bid to fulfill its rapidly rising orders. Meanwhile, Compeq expects TWS earbuds and handsets to have increasing demand for boards that will last until the end of first-half 2020.TSMC places test equipment orders with Teradyne: TSMC has placed orders for several hundred sets of test equipment with Teradyne, and will install the tools at the foundry's new advanced backend plant in northern Taiwan, according to industry sources.TSMC teams up with MA-tek, iST on advanced IC analysis: Robust orders for advanced fabrication and packaging services at TSMC have prompted the foundry to team up with Materials Analysis Technology (MA-tek) and Integrated Service Technology (iST) to satisfy the ensuing strong demand for IC materials analysis (MA), failure analysis (MA) and reliability analysis (RA), allowing the two Taiwan-based major IC analysis and inspection laboratories to embrace lucrative operations in 2020, according to industry sources.Compeq to see strong board shipments for handset, TWS applications in 1H20: Taiwan-based PCB maker Compeq Manufacturing is expected to see strong shipment momentum for handset-use HDI boards and True Wireless Stereo (TWS) earbud-use rigid-flex boards that will persist into the first half of 2020 and boost the firm's performance on year during the period, according to industry sources.