11 Dec
Latest News and Trends

WITS breaks revenue record again with strong AI and internet-sector growth

WITS, formerly Wistron Information Technology and Services (Wistron ITS), reported consolidated revenue of NT$1.08 billion (approx. US$34.5 million) for November 2025, up 7.2% from the previous month and 18% year-over-year, marking a new monthly record after its peak in September. Consolidated revenue for the first eleven months reached NT$10.43 billion, an 11.5% increase year-over-year and already higher than the full-year total for 2024.

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11 Dec
Latest News and Trends

Taiwan home appliance brands shift to commercial, overseas, and rental markets amid downturn

Inflation, tariffs, a shrinking housing market, and changing consumer habits have dampened sales of TVs and other home appliances in recent years, leading manufacturers to turn their focus to energy-saving and smart home products, as well as strengthening their presence in the commercial sector by launching new business models to counter the economic slowdown.

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11 Dec
Latest News and Trends

FIT eyes Saudi EV charging plant, production starts 2026

Foxconn Interconnect Technology (FIT), a subsidiary of Foxconn, announced on December 9, 2025, that its joint venture Smart Mobility with Saudi Arabia’s Saleh Suleiman Alrajhi & Sons has officially broken ground on a manufacturing base at the King Salman Energy Park (SPARK) in Dammam. This marks a new phase for localized EV charging station production in Saudi Arabia.

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