Taiwanese power equipment supplier Fortune Electric targets over 50% export sales in 2025

Leading heavy electrical equipment maker Fortune Electric has seen 2024 revenue and profit surpass last year’s levels, as its order backlog now extends to 2027-2028, according to company president I-te Hsu. The company expects exports to account for as much as 50% of its revenue in 2025, which will help boost its bottom line as exports are more profitable than sales to Taipower and other green energy products.

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German government approves TSMC’s Dresden fab financing plan

The Federal Ministry for Economic Affairs and Climate Action of Germany (BMWK) has officially approved financing for TSMC’s wafer fab project in Dresden. The German government has signed an agreement with the four companies co-investing in European Semiconductor Manufacturing Company (ESMC) – TSMC, Bosch, Infineon, and NXP. On December 13, Germany’s Federal Minister for Economic Affairs Robert Habeck formally announced the launch of this joint investment project.

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Taiwan display panel makers seek government support amid AI, semiconductor funding shift

Taiwan’s LCD panel industry, despite making significant technological advances amid intense Chinese competition, continues to face financial challenges. Innolux president James Yang, speaking at the 12th National Science and Technology Conference on December 16, 2024, called for the government to extend industry subsidy programs beyond 2025.

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Smart glasses poised for mainstream adoption amidst evolving tech and consumer demands

The evolution of smart glasses has been marked by challenges and learning experiences that continue to shape the landscape of this innovative technology. From the initial hype surrounding Google Glass, which dwindled under privacy concerns and a lack of practical uses, to the ongoing developments by Microsoft with HoloLens and Magic Leap, the journey has highlighted crucial lessons in blending technology with consumer needs.

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