Rayzher Industrial Co (銳澤), which specializes in installing mains systems and gas pipelines to transmit utilities for semiconductor manufacturers, yesterday said it has set up a new overseas business unit to pursue new revenue opportunities as growth dwindles domestically.
The Hsinchu-based engineering services company said it is following in the steps of its customers to expand its global footprint.
In May, the company set up a subsidiary in Japan’s Kumamoto Prefecture, where Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) opened a chip manufacturing fab, it said.
Photo courtesy of Rayzher Industrial Co
Rayzher’s customers include TSMC, Micron Technology Inc, Nanya Technology Corp (南亞科技) and Vanguard International Semiconductor Corp (世界先進).
The company aims to generate a single-digit percentage of its revenue from the Japanese subsidiary next year, Rayzher president Joe Chou (周谷樺) told a news conference in Taipei.
It next plans to expand to Singapore, it said.
The company is also considering expanding its presence in the US and Europe, where customers are building chip manufacturing facilities, it added.
“We will start a serious evaluation about expanding in the US after November when the election is over,” Chou said. “Since one of our customers is planning to build two new chip manufacturing facilities in the US, we were asked to participate in their business projects there.”
Chou said that overseas expansions and new equipment development are key to the company’s revenue and profit growth.
However, recruiting high-tech talent could be a major bottleneck, he said.
Rayzher reported NT$1.32 billion (US$41.03 million) in revenue in the first three quarters of this year, lagging behind local peer Wholetech System Hitech Ltd (漢科), which posted NT$4.13 billion in revenue during the same period thanks to greater exposure to overseas markets, including the US, Singapore and Japan.
As part of its revenue growth strategies, Rayzher is developing semiconductor equipment. The company plans to roll out new-generation dust local scrubbers to remove particulate matters during chip production next year.
Rayzher said revenue this year would be flat from NT$1.78 billion last year as the company expects factory construction delays by local DRAM chipmakers to drag its revenue performance.
“The memory sector’s recovery is not as good as we expected at the beginning of this year,” Chou said.
The company is scheduled to trade its shares on the Taipei Exchange next month.
Semiconductor shares in China surged yesterday after Reuters reported the US had ordered chipmaking giant Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) to halt shipments of advanced chips to Chinese customers, which investors believe could accelerate Beijing’s self-reliance efforts. TSMC yesterday started to suspend shipments of certain sophisticated chips to some Chinese clients after receiving a letter from the US Department of Commerce imposing export restrictions on those products, Reuters reported on Sunday, citing an unnamed source. The US imposed export restrictions on TSMC’s 7-nanometer or more advanced designs, Reuters reported. Investors figured that would encourage authorities to support China’s industry and bought shares
FLEXIBLE: Taiwan can develop its own ground station equipment, and has highly competitive manufacturers and suppliers with diversified production, the MOEA said The Ministry of Economic Affairs (MOEA) yesterday disputed reports that suppliers to US-based Space Exploration Technologies Corp (SpaceX) had been asked to move production out of Taiwan. Reuters had reported on Tuesday last week that Elon Musk-owned SpaceX had asked their manufacturers to produce outside of Taiwan given geopolitical risks and that at least one Taiwanese supplier had been pushed to relocate production to Vietnam. SpaceX’s requests place a renewed focus on the contentious relationship Musk has had with Taiwan, especially after he said last year that Taiwan is an “integral part” of China, sparking sharp criticism from Taiwanese authorities. The ministry said
US President Joe Biden’s administration is racing to complete CHIPS and Science Act agreements with companies such as Intel Corp and Samsung Electronics Co, aiming to shore up one of its signature initiatives before US president-elect Donald Trump enters the White House. The US Department of Commerce has allocated more than 90 percent of the US$39 billion in grants under the act, a landmark law enacted in 2022 designed to rebuild the domestic chip industry. However, the agency has only announced one binding agreement so far. The next two months would prove critical for more than 20 companies still in the process
CHANGING JAPAN: Nvidia-powered AI services over cellular networks ‘will result in an artificial intelligence grid that runs across Japan,’ Nvidia’s Jensen Huang said Softbank Group Corp would be the first to build a supercomputer with chips using Nvidia Corp’s new Blackwell design, a demonstration of the Japanese company’s ambitions to catch up on artificial intelligence (AI). The group’s telecom unit, Softbank Corp, plans to build Japan’s most powerful AI supercomputer to support local services, it said. That computer would be based on Nvidia’s DGX B200 product, which combines computer processors with so-called AI accelerator chips. A follow-up effort will feature Grace Blackwell, a more advanced version, the company said. The announcement indicates that Softbank Group, which until early 2019 owned 4.9 percent of Nvidia, has secured a
RSS