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NEWS TAGGED 2024
Tuesday 18 March 2025
US EV market faces slowdown as hybrids gain traction
The US electric vehicle market is losing momentum as policy shifts under President Donald Trump reshape incentives and supply chains. While battery electric vehicle (BEV) sales continue...
Tuesday 18 March 2025
Innolux targets a 2024 profitability rebound with a strategic overhaul fueled by 5G-A and AI integration
Panel giant Innolux Corporation is set to return to profitability in 2024 due to the sale of its factory to TSMC. Looking ahead to the first quarter of 2025, Innolux stated that China's...
Tuesday 18 March 2025
Materials supplier Wah Lee upbeat about AI servers, automotive sensor applications
Materials and equipment supplier Wah Lee Industrial has reported an almost 20% growth in sales for 2024 and expects AI server and automotive sensor applications to drive its growth...
Tuesday 18 March 2025
WebComm hits record revenue while expanding into high-tech manufacturing and IPC industry
WebComm Technology, a leading provider of digital identity verification and cybersecurity solutions, reported a record-breaking revenue of NT$518 million (US$15.75 million) in 2024,...
Monday 17 March 2025
Foxconn eyes NT$1 trillion in annual AI server sales
AI made a substantial contribution to Foxconn's (Hon Hai Technology Group) sales growth in 2024. Looking ahead, Chairman Young Liu indicated that 2025 will be the first year of AI...
Monday 17 March 2025
Airoha secures NT$1.4 billion in government grants alongside approvals for three others
In November 2024, Airoha Technology (Airoha) secured a NT$1.4 billion (approx. US$ 42.59 million) grant from Taiwan's Ministry of Economic Affairs (MOEA), drawing industry-wide attention...
Monday 17 March 2025
InnoCare forecasts revenue share surge from IGZO panels in 2025
InnoCare Optoelectronics anticipates strong shipment growth for IGZO (Indium Gallium Zinc Oxide) panel products in 2025, driven by increasing adoption in dental and surgical equipment,...
Monday 17 March 2025
Taiwan polarizer maker expects 'old-for-new' stimulus, IT refresh to boost 2025 demand
Cheng Mei Materials Technology (CMMT), a Taiwanese polarizing film maker, expects a mixed outlook for 2025 as shifting US tariffs prompt customers to front-load orders in late 2024...
Monday 17 March 2025
NAND flash prices set to rebound as Micron and YMTC hike rates due to tight supply conditions
Following SanDisk announcing a price rise effective in April, reports suggest that Micron, Samsung Electronics, SK Hynix, and Yangtze Memory Technology Corp (YMTC) will also hike...
Saturday 15 March 2025
China EV market to stay robust in 2025, with Europe at second and US last, says DIGITIMES
While the global EV market continued to grow in 2024, the growth rate had slowed down with sales only reaching around 17 million units, a year-on-year increase of 25.5%. Although...
Saturday 15 March 2025
AI boom fuels record sales for Southern Taiwan Science Park in 2024
The Southern Taiwan Science Park (STSP) has reported record-high sales of NT$2.21 trillion (approx. US$67.05 billion) for 2024, rising 39.55% year-over-year, with strong momentum...
Friday 14 March 2025
Foxconn forecasts over 100% AI server revenue surge in 1Q25
Foxconn, the world's largest electronics contract manufacturer, announced record-breaking revenue for 2024, reaching NT$6.86 trillion (US$216 billion). The milestone, revealed by...
Friday 14 March 2025
Foxconn smashes profit targets with cloud networking surge
Driven by strong cloud networking products, Foxconn (Hon Hai) Technologies anticipates solid revenue growth in 2024, with profit performance surpassing that of 2023.
Friday 14 March 2025
AI server boom in US and China propels Chenbro Micom's 2025 growth trajectory
Chenbro Micom expects significant revenue and profit growth in early 2025, fueled by strong AI server demand in the US and China. CEO Corona Chen is optimistic that full-year results...
Friday 14 March 2025
Leadsun Greentech pivots to stability as renewable gold rush ends
Leadsun Greentech Chairman Li-Chen Lin says the era of fast profits in renewable energy has ended, with the market now favoring firms with strong fundamentals. While the sector faces...