Display giants expand into medical tech amid Taiwan smart healthcare boom

The fierce competition in the display industry has prompted companies like AU Optronics (AUO), Innolux, and Qisda to diversify into the healthcare sector. These industry leaders will showcase their latest medical innovations at the Taiwan Healthcare+ Expo, running December 5-8 at the Taipei Nangang Exhibition Center, as they seek to establish footholds in the expanding medical market.

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TV panel prices unlikely to drop in short term, though price increases will also take time, says manufacturers

Since late August, China’s “trade-in” policy has gradually revitalized demand for LCD TV panels, easing the decline in prices. As a result, global TV shipments are expected to see slight growth in 2024. Reports suggest that China’s subsidies may continue through 2025, potentially driving further demand for LCD panel restocking.

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WSTS revises upward 2024 semiconductor growth forecast to 19%

The World Semiconductor Trade Statistics (WSTS) has issued an optimistic outlook for the semiconductor industry, revising its 2024 predictions upward. The forecast anticipates a robust 19.0% growth compared to 2023 in the sector, with the global market value expected to reach US$627 billion. This positive adjustment is attributed to better-than-expected performances in the second quarter and the third quarter of 2023, especially within the computing sector.

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Climate change drives Taiwan power grid overhaul and demand surge

Following multiple typhoons in 2024, Taiwan faces significant challenges to its power grid. Taiwan Power Company (Taipower) Vice President and CEO Ming-Shu Chen highlighted the increasing unpredictability of climate change’s impact on Taiwan, stressing the need to enhance the resilience of power infrastructure and improve cross-agency collaboration to tackle extreme weather events effectively.

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AI driving lucrative opportunities in workstation businesses

Workstations are the latest hardware category to see an AI-related boom. As noted by James Huang, chairman of rugged industrial PC (IPC) specialist Getac Technology, the company has seen strong sales of its X600 Server, a fully rugged command server, due to enterprise demand for AI functions. In addition, Quanta executive VP Alan Tsai has recently noted untapped potential in workstations.

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