COST PRESSURE: Global PC brands such as HP Inc are expected to cope with the situation by either raising prices or downgrading their products, a researcher said
Global PC shipments are expected to grow by a mere 0.3 percent to about 180 million units next year, as a surge in memory prices has added cost pressure on manufacturers, the Market Intelligence and Consulting Institute (MIC) said at a news conference in Taipei yesterday.As major memorychip supplier
Restaurant chain operator Wowprime Corp (王品), which owns the Wang Steak (王品台塑牛排), Tasty (西堤) and Tokiya (陶板屋) brands, is targeting generating more than NT$20 billion (US$634.6 million) in revenue from its domestic operations next year, as the catering industry has maintained a consistent pace of 3 t
Micron Technology Inc, the largest US maker of memory chips, has given an upbeat forecast for the current quarter, a sign that surging demand and supply shortages are allowing the company to charge more for products.Fiscal second-quarter revenue would be US$18.3 billion to US$19.1 billion, the compa
China Steel Corp (CSC, 中鋼), the nation’s biggest steelmaker, yesterday raised prices for some products for domestic delivery next month and next quarter as the global steel market is showing signs of a recovery.The Kaohsiung-based company raised NT$300 (US$9.52) per tonne for the prices of hot-rolle
Taiwan’s long-term economic competitiveness will hinge not only on national champions like Taiwan Semiconductor Manufacturing Co. (TSMC, 台積電) but also on the widespread adoption of artificial intelligence (AI) and other emerging technologies, a US-based scholar has said.At a lecture in Taipei on Tue
Performers entertain passengers at Taiwan Taoyuan International Airport’s Terminal 2 yesterday. The airport has put up colorful decorations to create a festive atmosphere during the holiday season.
BUBBLE? Only a handful of companies are seeing rapid revenue growth and higher valuations, and it is not enough to call the AI trend a transformation, an analyst said
Artificial intelligence (AI) is entering a more challenging phase next year as companies move beyond experimentation and begin demanding clear financial returns from a technology that has delivered big gains to only a small group of early adopters, PricewaterhouseCoopers (PwC) Taiwan said yesterday.
Walsin Lihwa Corp (華新麗華) on Tuesday said it plans to scale up its high-margin cold-finished bar capacity next year, as demand for the metal used in artificial intelligence (AI) servers and new energy vehicles increases, adding that it is launching a new brand for its cold-finished bar business, name
Taiwan Cement Corp (TCC, 台灣水泥) chairman Nelson Chang (張安平) yesterday urged curbs on cement imports, saying that otherwise Taiwan runs the risk of becoming a dumping ground for overseas excess capacity, undermining the domestic cement industry and threatening tens of thousands of jobs. Chang said he
SEMICONDUCTOR RACE: MetaX said that its newer C588 generation chip has significantly narrowed the performance gap with Nvidia’s H100 AI GPU processor
MetaX Integrated Circuits (Shanghai) Co (沐曦) yesterday soared in its first day of trading, the latest outsized debut by a Chinese chipmaker after similar gains by Moore Threads Technology Co (摩爾線程) earlier this month. MetaX surged 693 percent in Shanghai after raising US$585.8 million in an initial
Wireless communications modules and radio frequency equipment provider Universal Microelectronics Co (環隆科技) expects revenue to grow 10 percent to 20 percent next year, driven mainly by millimeter-wave (mmWave) car radar orders from South Korea’s Hyundai Motor Co, company chairman Paul Ou (歐仁傑) said
Taiwan Sugar Corp (Taisugar, 台灣糖業), the National Atomic Research Institute (NARI) and Nice Enterprise Co (耐斯) signed a memorandum of understanding (MOU) on Tuesday to collaborate on a project aimed at recycling carbon generated in the sugar-making process.Under the partnership, carbon-capture techno
A man looks at a “divine pig” displayed outside the Renhai Temple in Taoyuan’s Jhongli District yesterday. Eighteen divine pigs — nine of which weigh more than 600kg, with the heaviest one weighing 906.8kg — as well as seven divine goats and 28 chickens were displayed as offerings at the temple, whi
IN THE ZONE: A major customer in the AI field, which some believe is Nvidia, is expected to utilize 75% of Msscorps ‘AI zone’ next year, up from 25% percent, the company said
Msscorps Co (汎銓科技), which provides advanced semiconductor materials and failure analysis services, yesterday forecast revenue to rise next year, thanks to robust demand and overseas lab expansions.The company said it aims to boost revenue to NT$2.7 billion to NT$2.8 billion (US$85.8 million to US$89
UNTOUCHED: If Mexico were to impose tariffs on Taiwan’s ICT products, it would undermine Taiwanese companies’ willingness to set up factories there, Kung said
Mexico’s planned tariff hikes would have a limited effect on Taiwan, as the measures do not target information and communications technology (ICT) products, Minister of Economic Affairs Kung Ming-hsin (龔明鑫) said yesterday.Most ICT products that Taiwan exports to Mexico — including electronic compone
China is to impose anti-dumping duties on EU pork for five years, but at lower rates than temporary levies in place since September, Beijing announced yesterday.The two sides have been locked in a trade spat fueled by what many European countries view as an unbalanced economic relationship with Chin
Taiwan’s economy is expected to undergo another year of uneven growth next year, as robust demand for artificial intelligence (AI) continues to support the technology sector, while commodity industries remain constrained by chronic overcapacity in China and rising trade barriers, Taiwan Ratings Corp
Global smartphone shipments might decline 2.1 percent next year as a shortage of memory chips drives up costs and squeezes production, industry tracker Counterpoint Research said yesterday.That marks a dramatic reversal from an estimated 3.3 percent gain this year, with the influential research firm
Inclusive institutions that cultivate talent across society have propelled Taiwan to “one of the most extraordinary economic experiences in world history,” Nobel laureate James Robinson said yesterday.“The Taiwanese experience is dramatic,” Robinson said, referring to Taiwan’s significant rise in GD
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