TSMC’s September revenue hits second-highest; annual US$ revenue set to exceed target

TSMC’s September 2024 revenue reached NT$251.873 billion (around US$7.75 billion), fueled by high demand for next-generation smartphone, AI, and PC chips from key clients such as Apple, Nvidia, Intel, AMD, Qualcomm, and MediaTek. This represents a 0.4% growth month-on-month and a 39.6% increase year-on-year, marking the second-highest monthly revenue ever for TSMC.

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Telangana state aims to attract FDI beyond electronics, India Taiwan Industrial Park underway

In a significant move to bolster global investment prospects, the Telangana government has inked a Memorandum of Understanding (MoU) with the Taiwan Chamber of Commerce (TCC) on October 7, 2024. This strategic partnership aims to create new opportunities for Taiwanese companies in Telangana, building upon the established presence of electronics giant Foxconn in the state.

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AmTRAN surpasses 2024 shipment targets as “China+1” strategy boosts orders

2024, a year of major sports events, has given the television industry high expectations for sales numbers. However, overall television sales this year have not shown significant increases, with AmTRAN being one of the few beneficiaries in the television market. The company is expected to exceed its shipment targets for 2024. AmTRAN states that aside from the boost from sporting events, its production facility in Vietnam has played a key role in securing increased orders from the US and South Korea, contributing to impressive revenue performance in the third quarter of 2024.

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Foxconn expands EV lineup: Model U, Model D take center stage alongside surprise reveals

Foxconn showcased its growing automotive expertise at HHTD24, unveiling the Model D electric SUV and Model U mid-sized electric bus. In his opening address, chairman and CEO Young-Way Liu highlighted the company’s plans to introduce additional electric vehicle (EV) models throughout the year, demonstrating Foxconn’s extensive expertise and growth in the automotive industry.

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