Quanta Computer’s (Quanta) US subsidiary, QMN, has announced the purchase of three fuel cell microgrid systems for US$79.75 million. The company stated that these additional systems are intended for upgrading equipment used in testing and verifying high-end servers, highlighting the significant power demands and ESG considerations associated with AI servers.

On September 30, 2024, JCET, a prominent leader in China’s semiconductor packaging and testing industry, announced that its wholly-owned subsidiary, Changjiang Management Co., had completed the acquisition of an 80% equity stake in SanDisk Semiconductor (Shanghai) Co., Ltd., a packaging and testing subsidiary of Western Digital (WD).

Taiwan’s Carbon-Based Technology (CBT) on October 2 announced a strategic partnership with automotive e-commerce company CARPOST Information System to introduce advanced carbon fiber composite technology to the aftermarket for used luxury and imported vehicles. The collaboration will focus on providing interior design enhancements and exterior upgrades.

Boosted by short-term orders in the electronics supply chain and shipments of AI and high-performance computing (HPC) chips, Taiwan’s wafer foundry industry posted better-than-expected revenue in the first half of 2024, reaching US$44.5 billion. This represents a growth of 19% year-on-year and 6% from the second half of 2023, indicating a steady recovery in the industry, according to DIGITIMES Research’s latest report covering Taiwan’s wafer foundry industry.