China-based LCD panel maker HKC is applying for listing on ChiNext market under the Shenzhen Stock Exchange to raise CNY9.5 billion (US$1.42 billion), according to industry sources.
To avoid the air spaces being affected by Russia-Ukraine war, the planes of Japan Airlines and Korean Airlines may reroute to Alaska and Canada, which may not only add four extra hours of flight time, but also make Alaska a new stopping and refueling point. The cost of the detour is even more obvious in the era of high oil prices, and this cost will be borne by everyone.
Chinese foundry houses including Hua Hong Semiconductor and CanSemi Technology recently have successfully raised new funds to finance capacity expansions at their 12-inch wafer fabs, despite IC designers reportedly continuing order cuts amid sluggish terminal market demand, according to industry sources.
Slowdowns in handsets and other consumer electronics areas have prompted brand device vendors to accelerate their pace of inventory correction, but the vendors and core chip suppliers remain aggressive in their new product development, according to sources at Taiwan-based IC analysis and inspection labs.
Plastic card maker Taiwan Name Plate (TNP) will cooperate with dye-sublimation photo printer maker HiTi Digital to launch FortVax personalized cryptocurrency cold wallet initially in Taiwan, the US and Singapore in third-quarter 2022, according to TNP president Yin Wen-cheng.
Turn Cloud Technology Service, a Taiwan-based startup developer of OMO (online merge with offline) total solutions for digital transformation of retail operations, has signed an MoU with Japan-based VINX and Hitachi Solutions for introducing its products and technology to retail store chains, hypermarkets and shopping centers in Japan and Southeast Asia, according to Taiwan’s National Development Council (NDC).
DIGITIMES Research report shows that Taiwan’s ICT industry development has shifted from focusing on hardware to hardware/software integration models. The industry is combining big data analysis and AI applications in public IoT to facilitate the development of smart city management. Tools such as IoT, AI, cloud computing, and communications technologies are efficiently integrated with urban infrastructure to ultimately produce economic benefits and improve quality of life.
Touch solution provider General Interface Solution (GIS) has reported revenue of NT$12.094 billion (US$411.2 million) for June, a surge of 38.48% from the previous month.