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 Chairman Young Liu during a recent earnings call, marks the highest annual revenue in the company's history.
Driven by strong cloud networking products, Foxconn (Hon Hai) Technologies anticipates solid revenue growth in 2024, with profit performance surpassing that of 2023.
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 will exceed 2024, citing plans to expand beyond server chassis by developing new structural product lines to drive long-term growth.
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 underscores Flex's commitment to ethics, compliance, and governance within its global operations. Ethisphere, a leader in advancing ethical business standards, recognized 136 companies spanning 19 countries and 44 industries this year.
Samsung Electronics has reportedly begun developing a next-generation packaging material, the "glass interposer," a move aimed at replacing the costly silicon interposers currently used in semiconductor manufacturing. This shift is expected to not only reduce production costs but also enhance overall product performance.
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. The move underscores robust AI server demand as the company enters a growth phase following years of preparation.
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 revenue of NT$66.02 billion (approx. US$2 billion), while the gross profit totaled NT$6.95 billion, with a gross margin of 10.5%. The operating income was NT$1.02 billion, yielding an operating margin of 1.6%, and the net income amounted to NT$1.43 billion.
Global server shipments are anticipated to pick up by 2.3% in 2025, surpassing 15 million units, according to DIGITIMES' latest report covering server market shipments and performance in 2025. However, the growth rate will be lower than in 2024 as intensifying global tariff wars and escalating geopolitical tensions will lead to more conservative enterprise investments, with a focus on increasingly mature large language model (LLM) applications.
Taiwan's industrial sector is increasingly recognizing the advantages of reclaimed water, yet overall adoption remains limited due to several key challenges that must be addressed to accelerate its penetration, according to Nien-ying Hu, president of Rih Ding Water Enterprise, a water management subsidiary of Radium Life Tech Group.
Wiwynn, a leading server manufacturer, has expressed an optimistic outlook for its 2025 operations, a perspective bolstered by robust growth not only in AI servers but also in non-AI servers, commonly referred to as General Servers. Notably, the company has dramatically escalated its capex, surging from NT$4.8 billion (approx. US$146 million) in 2024 to an ambitious NT$18 billion. This substantial increase will fund expansion initiatives across facilities in Texas, Malaysia, Taiwan, and Mexico.
Asus declared a significant bad debt over the last quarter of 2024 due to delayed payments for server products sold to Yotta, a company highlighting India's eagerness to build AI infrastructure.
The US economy heavily relies on domestic consumption, and under President Donald Trump, the administration employed a tariff-driven strategy aimed at bringing manufacturing back to the US The most dramatic of these measures was the 25% tariff on imports from Canada and Mexico, a move that was quickly dubbed by The Economist as " [the] dumbest trade war in history"
Automation and smart production are seen as crucial solutions for global expansion amid the ongoing restructuring of supply chains, driven by geopolitics and the rapid advancement of AI. However, some industry players are growing concerned that fully realized automation could disrupt the existing manufacturing ecosystem.
Since Trump assumed the presidency, global supply chains have been thrust into a vortex of disruption. Amid the upheaval, Qualipoly Chemical Corp. (QPC) is fortifying its production capacity with calculated resolve. The Annan plant, a linchpin in this strategy, is gearing up to churn out UV-curable materials, with mass production slated for the fourth quarter of 2025.
The Trump administration has implemented further tariffs on China twice in one month and threatened to impose additional tariffs on Mexico and Canada, leading to swift changes in the global supply chain. Taiwan-based contract electronics companies have demonstrated their remarkable manufacturing adaptability by rapidly relocating production lines from China, Mexico, and other countries back to Taiwan.
Despite challenges in the electric vehicle (EV) industry throughout 2024, the surge in artificial intelligence (AI) applications has fueled strong demand for connectors and wiring solutions. On March 11, BizLink-KY, the leading connector and wiring manufacturer, announced its financial results, reporting a record-high net profit of NT$15.55 billion (US$513.1 million) for the fourth quarter of 2024. The company's full-year net profit reached NT$43.96 billion (US$1.37 billion).
On March 10, Huawei released a 6,500-word internal report on its employee platform, "Xinsheng Community," detailing a large-scale recruitment fraud scandal involving 72 full-time employees and 19 outsourced workers. Some participants allegedly profited by selling internal company data. The report quickly gained traction within Huawei and on social media, becoming the platform's top trending topic.
The Mobile World Congress (MWC) 2025 has just concluded, revealing Huawei's advancements in telecommunications, artificial intelligence (AI), and mobile devices. The company aims to leverage refined technologies in telecommunications, cloud computing, and AI to drive new growth momentum across its telecom services and diverse smart application scenarios.
Asia Optical held an online earnings call on March 7, during which chairman I-Jen Lai stated that the company showed strong performance in 2024 and highlighted growth potential across four key product categories in 2025. The company anticipates double-digit revenue growth for the full year.
Foxconn Industrial Internet (FII) has announced that its subsidiary, Fulian Yukang Medical Technology (Shenzhen), will acquire Guangzhou Tianying Precision Tools in phases at a valuation not exceeding HKD439 million (US$56.51 million).
Samsung Electronics is facing major setbacks as labor disputes at its Sriperumbudur factory in India escalate without resolution. South Korean industry observers warn that the prolonged strike threatens to undermine Samsung's growth momentum in the world's most populous market. Beyond immediate production disruptions, the ongoing labor unrest could damage the company's corporate reputation in a region increasingly critical to its global strategy.
Automotive electronics and lifestyle technology systems provider Yen Sun Technology anticipates growth momentum will come from high-end networking IT demand in 2025, driven by the widespread adoption of AI applications due to the emergence of China's DeepSeek.
Taiwanese ODM Compal Electronics has reported a February 2024 revenue of NT$67.541 billion (US$2.0 billion), up 22.1% sequentially and 17.4% year-on-year, driven mainly by shipment momentum for non-PC product lines, including smart devices and servers.
Hesai Technology has achieved its first full-year non-GAAP profitability. Lei News and IT Home reported the leading Chinese LiDAR company's unaudited financial results for 2024. Fourth-quarter revenue reached CNY720 million (US$99.30 million), up 28.3% year over year. Hesai posted a net income of CNY150 million for the quarter, reversing a CNY140 million net loss from the same period in 2023.
Microloops, a heat dissipation module manufacturer, stated that with the DeepSeek AI model powered only by Nvidia's mid-range GPUs, most AI server chips require only air cooling to operate efficiently. This signals a significant surge in demand for air cooling solutions in 2025, which is expected to drive substantial growth for Microloops' air cooling products.
