Apple supplier Jabil has announced plans to establish a factory in Gujarat, the company’s second in India. The company also expressed its intention to build a US$125 million silicon photonics manufacturing facility in the state.

Genius Electronic Optical (GSEO) reported NT$23.187 billion (approx. US$706 million) in revenue for 2024, marking a 6.98% increase from the previous year. Net profit attributable to the parent company jumped 40.7% to NT$4.323 billion, with earnings per share (EPS) at NT$38.35.

As demand for net-zero emission production grows, the manufacturing industry has been actively seeking eco-friendly business opportunities on top of recent trends toward automation and smart manufacturing. As an example, leading industrial PC (IPC) firm Nexcom has teamed up with machine tool maker Fair Friend Group (FFG) on green, intelligent AIoT machine tool solutions, as well as AI agents for smart factories, aiming to help manufacturers create highly efficient smart factory solutions.

For three years, China’s automotive market has been embroiled in a price-cutting war, evolving from a tussle between new energy vehicles and traditional cars to a contest for smart driving capabilities. Automakers are vying for market share with rapid tech upgrades and aggressive pricing for new models, while the used car market faces increasing turmoil.