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NEWS TAGGED BUSINESS
Wednesday 19 March 2025
Xiaomi's EV launch drives 49% revenue growth, raises 2025 production target
Xiaomi's fourth-quarter financial surge, boasting a 49% revenue jump and a 90% net income rise, was significantly propelled by its successful EV launch. The SU7 exceeded delivery...
Wednesday 19 March 2025
Taiwan pursues ambitious 'AI island' vision with strategic tech initiatives
Taiwan's Ministry of Science and Technology unveiled a bold roadmap on March 17, 2025, during a business report to the Legislative Yuan, outlining the government's vision to establish...
Wednesday 19 March 2025
CATL joins forces with NIO to supercharge China's EV battery-swapping network
CATL, the world's largest electric vehicle (EV) battery manufacturer, has agreed to invest up to CNY2.5 billion (approx. US$345.5 million) in collaboration with NIO to expand China's...
Tuesday 18 March 2025
Mitsubishi Electric to see sharp growth for defense business
Mitsubishi Electric expects revenue from its defense system business to soar to at least JPY600 billion (approx. US$4.03 billion) in fiscal 2031, with its operating profit to more...
Tuesday 18 March 2025
Buima turns to green energy, cost reduction in transition efforts
Construction material maker Buima saw its gross margin reach 14.56% in 2024, boosted by solid shipments of battery module products and a marked increase in exports of metal construction...
Tuesday 18 March 2025
Japan government divest from JDI
INCJ, a public-private partnership overseen by the Japanese Ministry of Economy, Trade and Industry (METI), has disclosed that it has sold all its shareholding in Japan Display (JDI)...
Tuesday 18 March 2025
With Samsung at make-or-break moment, chairman Lee Jae-yong issues blunt warning to top executives
Samsung Electronics Chairman Lee Jae-yong has reportedly issued a blunt warning to top executives, acknowledging that the company is at a make-or-break moment. In a pre-recorded video...
Tuesday 18 March 2025
GTC 2025: WinWay to present new test socket solutions for AI
The five-day Nvidia GPU Technology Conference (GTC) officially kicked off on March 17 US time, focusing on innovative applications such as robotics and generative AI (GenAI). As a...
Tuesday 18 March 2025
AMI to benefit from CCL manufacturers' SEA expansion plans
All Taiwanese copper-clad laminate (CCL) manufacturers have announced plans to establish production facilities in Malaysia and Thailand that are expected to be operational in 2025...
Tuesday 18 March 2025
Great Expectations: can Lip-Bu Tan pull off Intel's manufacturing spinoff?
Intel's incoming CEO Lip-Bu Tan is poised to spearhead a strategic shift at the semiconductor giant, with analysts predicting a fundamental overhaul of its manufacturing strategy...
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
Raw computing power not sole factor for edge AI adoption, says Microip
Microip has sought to advance its AI business from another angle through its participation at the Embedded World 2025 trade show in Nuremberg, Germany. According to company chairman...
Friday 14 March 2025
FLEX named a 2025 world's most ethical companies honoree
Flex has been named one of the 2025 World's Most Ethical Companies by Ethisphere, marking its third consecutive year of recognition in the industrial manufacturing category. The honor...
Friday 14 March 2025
Pegatron expands AI server and automotive focus with North American growth plans
Pegatron is ramping up efforts in AI servers and automotive applications, signaling plans to expand its North American production footprint by 2025 to better serve local clients....
Friday 14 March 2025
Acer reports highest profits in three years
Taiwanese computer and electronics maker Acer announced its financial results for the fourth quarter and full year of 2024 on March 13. The company posted a fourth-quarter consolidated...