Taiwan’s government has instructed leading industrial research institutions, such as the Industrial Technology Research Institute (ITRI), the Metal Industries Research and Development Centre (MIRDC), and the Taiwan Textile Research Institute (TTRI), to open 50 state-of-the-art AI-equipped production lines for developing innovative products, according to Hsiang-yuan Ting, director at the Department of Industrial Technology (DOIT) of the Ministry of Economic Affairs (MOEA). By using these lines for design, trial production, and quality inspection, the goal is to accelerate development and innovation.

Panel manufacturer Powertip Technology Corp. held its annual shareholder meeting on June 19, approving all agenda items with ease. Despite foreign exchange losses affecting second-quarter revenue, the company anticipates quarter-over-quarter growth thanks to a steady recovery in customer orders. Revenue is also expected to surpass the same period last year.

Clevo announced that its revenue hit a low in the first quarter of 2025 due to component shortages and consumers waiting for new platform launches. However, the company expects to see increased shipments and revenue in the second quarter, driven by new product releases and changes in manufacturing trends.