Powertip tech sees recovery in orders, eyes growth in industrial and AI-driven display solutions

Panel manufacturer Powertip Technology Corp. held its annual shareholder meeting on June 19, approving all agenda items with ease. Despite foreign exchange losses affecting second-quarter revenue, the company anticipates quarter-over-quarter growth thanks to a steady recovery in customer orders. Revenue is also expected to surpass the same period last year.

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Taiwan govt opens AI pilot lines to enhance CoWoS inspection efficiency

Taiwan’s government has instructed leading industrial research institutions, such as the Industrial Technology Research Institute (ITRI), the Metal Industries Research and Development Centre (MIRDC), and the Taiwan Textile Research Institute (TTRI), to open 50 state-of-the-art AI-equipped production lines for developing innovative products, according to Hsiang-yuan Ting, director at the Department of Industrial Technology (DOIT) of the Ministry of Economic Affairs (MOEA). By using these lines for design, trial production, and quality inspection, the goal is to accelerate development and innovation.

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PSA eyes Southeast Asia, rare earths as AI and auto demand boost growth outlook

At the recent PSA Annual Shareholders’ Meeting, CEO Anthony Chiao announced that GLOBAL BRS MANUFACTURE (GBM) has acquired two significant strategic assets: Japan’s PCB manufacturer Lincstech and mechanical parts specialist Silitech Technology, which in turn has invested in FDK, a global leader in nickel-metal hydride batteries. Across its expanded group, annual revenues now exceed NT$150 billion (approx. US$5.1 billion). Chiao highlighted that the company’s next phase will concentrate on integrating internal resources and implementing management succession strategies.

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