TSMC has reported consolidated sales of NT$278.163 billion (US$8.44 billion) for December 2024, surpassing prior financial projections and market anticipations. This figure represents a 0.8% increase from November and a substantial 57.8% rise compared to the same period in the previous year. TSMC's revenue for 2024 totaled approximately NT$2.89 trillion, representing a 33.9% increase compared to 2023.

Chinese foundries have stepped up 12-inch fab capacity expansions, which is poised to result in more heated price competition in the mature process market in 2025, according to industry sources.

Taiwan's dominance in semiconductor and AI server production has led to unprecedented trade figures with the United States. While initial forecasts predicted a US$59 billion surplus, the latest data from Taiwan's Ministry of Finance released on January 9, 2025, reveals an actual surplus of US$64.88 billion. This represents a dramatic increase from US$35.35 billion in 2023 and US$29.36 billion in 2022.

Major tech companies are gearing up for a surge in replacement demand as government incentives aim to stimulate sales of home appliances and consumer electronics products.

Samsung Electronics is launching a major overhaul of its struggling System LSI Division to capitalize on artificial intelligence technologies, particularly in image sensors, as it aims to break Sony's decade-long monopoly on iPhone camera chips and reverse mounting losses.

UHT Unitech has entered into a significant partnership with Ablecom Technology, a Taiwanese server parts supplier of Supermicro, to push forward the development of advanced immersion cooling AI server cabinets.

Since launching its market comeback in August 2023, Huawei has demonstrated significant momentum in China's smartphone market, particularly with its high-end models gaining substantial traction.

The US Department of Defense's decision to add Tencent to its Entity List may significantly impact its flagship messaging app, WeChat, especially the international version. This escalation also adds fresh uncertainty to Tencent's relationship with Apple, which has already faced tensions over app payment policies and software updates.

Despite tepid consumer demand, particularly among price-sensitive segments, smartphone vendors are increasingly embracing premiumization as their strategy for the Indian market in 2025.

At CES 2025, Honda and Sony introduced their first electric vehicle, the Afeela 1, initially available for pre-order in California, with plans to expand across the US and Japan. This launch is a crucial step in their partnership, which started in 2022. Despite the buzz, the market remains uncertain about the vehicle's long-term success.

Tata Elxsi is teaming up with Qualcomm to develop virtual models of Snapdragon Digital Chassis solutions for cloud-native application development, showcased at CES 2025.

At CES 2025, ProLogium introduced its fourth-generation lithium ceramic battery (LCB) system, featuring several technological breakthroughs including a five-minute fast charge that provides a range of 300km and reliable performance in temperatures as low as minus 20 degrees Celsius. The focus is on tackling the three key concerns faced by the electric vehicle (EV) market: total cost of ownership, range anxiety, and safety.

Taiwan's power industry is undergoing a profound digital transformation, spurred by the decentralization and liberalization of the electricity market. Established companies are keen to develop renewable energy innovations, while startups seize opportunities in this evolving landscape. Increasingly, players across the sector are focusing on intelligent solutions to stay competitive and navigate the energy transition.

The surging demand for advanced data center expansion has brought energy stability, cost-efficiency, and safety into sharp focus. In response, Gus Technology unveiled a dual-purpose UPS energy storage module powered by lithium-titanium-oxide (LTO) technology. While primarily aimed at the uninterruptible power supply (UPS) market, the company also envisions expanding its use to backup battery units (BBUs).

Taiwan's renewable energy companies are increasingly targeting Southeast Asian markets, with the Philippines emerging as their prime destination due to its favorable market conditions and strong government support.

Taiwan's drone industry faces a significant challenge due to limited chip design capabilities for drones. To address this issue, Taiwan's Ministry of Economic Affairs (MOEA) launched a subsidy program targeting the development of key drone chips.

Universal Microwave Technology (UMT) achieved a record revenue of NT$231 million (US$7.05 million) in December 2024, marking a 56 percent increase compared to the same period in 2023. The company maintained strong performance despite the typical seasonal slowdown during year-end holidays in the US, securing its third consecutive month of record revenue.

Transcom, a provider of military-grade power amplifiers (PA), has disclosed that its revenue for 2024 reached an all-time high. The company's strong sales performance last year was primarily driven by government contracts, satellite communication-related products, and an increase in military drone shipments.

Innolux Corporation reported 2024 consolidated revenue of NT$216.5 billion (US$6.58 billion), marking a 2.3% increase from the previous year, underscoring the company's strategic transformation efforts.

Laster and Excellence Optoelectronics (Excellence), the Taiwan-based LED automotive module manufacturers, have posted record-breaking revenues for 2024, with year-over-year growth rates of 10.2% and 28.2%, respectively. In response to the global trend of diversifying automotive supply chains, Laster plans to collaborate with Taiwan-based manufacturers in Thailand and Mexico starting in 2025. Meanwhile, Excellence is accelerating the construction of its plant in Mexico, which is expected to be completed in the third quarter of 2025, with production scheduled to begin in 2026.

AU Optronics (AUO) has collaborated with Sony Honda Mobility to unveil an innovative Micro LED Display Human-Machine Interface (HMI) at CES 2025. The technology has been integrated into the Afeela electric vehicle, serving dual functions as both a head-up display and an external communication interface.