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Latest news and trends for industry
06
Nov
Is the iPhone 16 selling well? Foxconn’s record October revenue offers initial clues
- Posted by jeff
The sales performance of Apple’s iPhone 16 series has garnered mixed reviews since its launch. However, the benefits generated during the initial phase of the product release cannot be overlooked. Driven by growth in consumer electronics, Foxconn reported a revenue of NT$804.847 billion (approximately US$25.2 billion) for October 2024, marking an increase of 8.59% compared to NT$741.2 billion (approximately US$23.2 billion) in the same month last year.
06
Nov
Single’s Day and GenAI set to boost year-end smartphone sales amid Apple’s slowing growth momentum for 4Q24
- Posted by jeff
While Apple anticipates a slight slowdown in revenue growth for the fourth quarter, industry analysts are optimistic that the Single’s Day e-commerce promotion, along with price cuts from various vendors, generative AI (GenAI) applications, and the traditional peak sales season, will collectively give smartphone sales a positive boost.
06
Nov
RichWave sees growing momentum in Wi-Fi 7, but margin erosion persists
- Posted by jeff
RichWave Technology reported a decline in revenue and gross margin. While Wi-Fi 7 is growing, the rapid decline of Wi-Fi 5 and price competition in the Chinese market are concerns. The company expects growth in mobile phone and networking equipment sectors, with Wi-Fi 7 playing a key role in future revenue and margin improvement.
06
Nov
Top CSPs commit to strong investments in AI data centers, ensuring prosperity for Taiwanese suppliers through 2025
- Posted by jeff
The top three global cloud service providers (CSPs) are committing to strong investments in AI data centers, ensuring steady operations for Taiwan’s data center supply chain—covering servers, storage devices, and network switches—through 2025.
06
Nov
Taiwan chips in over US$103 million to boost AMD’s R&D center initiative
- Posted by jeff
Following Nvidia’s footsteps, AMD is set to establish an R&D center in Taiwan. The project has received approval from the Ministry of Economic Affairs (MOEA) under its “Global R&D Innovation Partner Program,” with AMD slated to receive over NT$3.3 billion (approx. US$103 million) in subsidies. However, the first phase of the funding has been delayed for two months before being scheduled for review by the Legislative Yuan.
06
Nov
Upcoming Huawei smartphone with flagship Kirin SoC will be zoomed in again
- Posted by jeff
Huawei’s flagship device, the Mate 70, is slated to be released at the end of November, following the recent debuts by Xiaomi, Oppo, Vivo, and Honor. This smartphone has sparked widespread curiosity due to Huawei’s proprietary Kirin 9100 SoC and the use of the native HarmonyOS.