Taiwan-based energy solution provider ATE Energy has achieved significant progress in the Philippines market with an order backlog of about NT$11 billion (approx. US$335.83 million) and expects overseas revenues to account for 70% of the overall total in 2025, according to the company.

Automotive PCB manufacturer Chin Poon is maintaining a cautious outlook for 2025, projecting flat market conditions amid the global automotive market slowdown and client pessimism. With market recovery uncertain, the company plans to strategically expand its focus on communications and industrial control segments in the coming year.

In response to Taiwan’s panel and traditional industries facing fierce competition from Chinese peers, deputy minister of Taiwan’s Ministry of Economic Affairs (MOEA) Chin-tsang Ho said that the MOEA will offer R&D subsidies totaling NT$11.6 billion (approx. US$354.15 million) starting in 2025 and welcomes applications from related industry players.