Alibaba startup forum

Not long ago, I was a guest speaker at an Alibaba startup forum sharing my entrepreneurial experience with Taiwan’s young generation of entrepreneurs. I was curious about the purpose of Alibaba organizing startup businesses in Taiwan. And then, after reading “Hidden Champions: Ascent and Transformation,” I got a better understanding. According to DIGITIMES’ survey, 77% of Taiwan’s startups that have the opportunity to go public want to raise capital abroad, with the US, China and Japan in the top three of their destinations.

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Edison Opto expects 2023 revenue to grow 15-20%

LED packaging service provider Edison Opto expects 2023 consolidated revenues to increase 15-20% on year, while LED automotive lighting module maker Laster Tech saw business operation turn from an operating loss of NT$131.6 million (US$4.4 million) and net loss of NT$146.3 million for the second quarter of 2022 to operating profit of NT$56.7 million and net profit of NT$59.8 million for the third quarter, according to the companies.

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IC distributors expanding deployments in non-consumer, WBG chip segments

IC distributors are aggressively expanding their deployments in non-consumer chips products and third-generation semiconductors like GaN and SiC devices that remain in stable demand for automotive, energy-saving and other niche applications, as supply chains are still engaged in inventory adjustments for consumer chips solutions, according to industry sources.

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