Ensilience, a subsidiary of the Yuen Foong Yu (YFY) Group, announced on December 26 a partnership with Shin-Shin Bus to launch a groundbreaking “Smart Charging and Storage System Application for Virtual Power Plant Platform” project. This collaboration is Taiwan’s first initiative to aggregate electric vehicle (EV) charging stations, integrate energy storage systems, and offer services via Taiwan Power Company’s (Taipower) trading platform.
The ongoing AI wave has created unique business opportunities for Taiwan, particularly in the AI server industry. However, merely offering servers is insufficient, and bundling them with AI application solutions can enhance their appeal to customers and present significant prospects in the digital health sector. Advancements in generative AI technology are accelerating the implementation of smart healthcare applications, including service robots, according to Peter Wu, CEO of Asus Cloud and its subsidiary, Taiwan Web Service Corporation (TWSC).
TSMC’s first wafer fab in Kumamoto, Japan, operated by its subsidiary Japan Advanced Semiconductor Manufacturing (JASM), has officially begun mass production, marking a significant milestone for the region’s semiconductor manufacturing capabilities.
Zettabyte has reinforced its strategic expansion by partnering with Foxconn, following its prior alliance with Wistron. This partnership is aligned with Zettabyte’s financing initiatives to accelerate the adoption of high-performance, energy-efficient AI solutions.
Broadcom has reached a historic milestone, surpassing a US$1 trillion market valuation amid the rapid growth of the artificial intelligence (AI) market. CEO Hock Tan expressed confidence in a continued AI investment surge through the late 2020s. He noted that within three years, Broadcom’s clients aim to build extensive computing clusters equipped with millions of AI chips, driving significant market growth.
South Korea’s parliament passed the “Act on the Development of Artificial Intelligence and Establishing a Trustworthy Foundation” (AI Basic Act) on December 26, 2024, establishing a comprehensive regulatory framework as the country aims to position itself among the world’s top three AI leaders by 2027.
When Masayoshi Son made a surprise appearance at Mar-a-Lago alongside Donald Trump last week, the founder of Japan’s SoftBank Group vowed to invest a stunning US$100 billion in the US over the next four years. The president-elect joked that perhaps SoftBank would like to double that target to US$200 billion. Not to be outdone, Son replied with a wide smile, “I will really try.”
Tesla’s Shanghai Megafactory in Lingang is on track for completion by the end of 2024, with production anticipated to start in the first quarter of 2025, underscoring the company’s commitment to rapid expansion in energy storage manufacturing.
Royole Technologies, once a leading innovator in flexible OLED panels, has seen its assets go unsold in multiple auctions following its bankruptcy filing in a Shenzhen court in November 2024. According to Nikkei, IC Smart, and 36kr, the company’s liquidation process has stalled despite price reductions.