Luxshare makes Suzhou epicenter of its US$4.2B push into acoustics, robotics, and wearable tech

Following a high-profile signing in February, Luxshare Precision has launched the next phase of its major project in Kunshan, Suzhou. According to the official WeChat account “Kunshan Release” on May 20, the company’s Phase I acoustic industry facility at Luxshare Science Park in Jinxi Town has commenced production, with construction on Phase II now underway.

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Seagate warns of data center carbon crisis as AI storage demands triple

Seagate Technology Holdings Plc warned that AI’s exploding demand for data storage is fueling a carbon crisis in data centers, even as it unveiled next-gen storage solutions at Computex 2025. The company projects that global data volume will triple between 2023 and 2028, surpassing zettabyte levels and outpacing current manufacturing capabilities. A survey of over 300 data center professionals conducted by Seagate identified high energy consumption as the top obstacle to sustainable expansion.

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TSMC’s VisEra boosts SiPh; CIS grows while MOE declines

VisEra, an optical component manufacturer under TSMC, held its shareholders meeting to outline its outlook for 2025. Chairman Robert Kuan told reporters that revenue growth will primarily come from the CMOS image sensor (CIS) business, driven by three major trends: increased market share of Android smartphones, the mainstream adoption of high-megapixel cameras, and expanding automotive demand into affordable vehicle segments. Notably, VisEra is also venturing into the next-generation key technology of the AI era—SiPh.

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Foxtron charts five-year path to profit with global EV, CDMS rollout

Foxtron Inc., the electric vehicle (EV) joint venture between Foxconn and Yulon, held its annual general meeting on May 23, led by Chairman Young Liu. Liu emphasized that Foxtron’s Contract Design and Manufacturing Service (CDMS) model aligns with the direction of the global auto industry. Buoyed by encouraging market feedback and new deals with Japanese automakers, the company is aiming to reach profitability within five years of its 2023 IPO—by 2029.

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From telecom to tokenomics: Taiwan Mobile redefines its digital future

Taiwan Mobile has officially become the first major Taiwanese corporation to launch a cryptocurrency trading platform, marking a significant strategic pivot into decentralized finance under the leadership of its innovative CEO, Jamie Lin. The company’s wholly owned subsidiary, Fu Sheng Digital, debuted the TWEX virtual asset exchange on May 22 as a cornerstone of its push into the Web3 space.

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Taiwan electronics maker targets space communication as satellite market set to explode

Goldman Sachs Research forecasts the low-Earth orbit (LEO) satellite market will skyrocket from US$15 billion in 2024 to US$457 billion by 2035, driven by surging demand for non-terrestrial networks. These networks are becoming essential infrastructure for enabling beyond-5G and 6G connectivity. In response, governments worldwide are ramping up investment. Taiwan’s Ministry of Economic Affairs is fast-tracking tech validation and deployment to embed the island’s supply chain into the global satellite ecosystem.

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