Egypt's electricity minister, Copelouzos Group discuss progress on Egypt–Greece power interconnection    Renowned Egyptian novelist Sonallah Ibrahim dies at 88    Prime Developments, Osoul for Tourism Development launch EGP 1.25bn CLAN project in Hurghada    Egypt's FM discusses Gaza, bilateral ties in calls with Saudi, South African counterparts    Total financing by FRA-regulated entities hits EGP 640.1bn in June 2025    Egypt aims to restore gas output, reach self-sufficiency by 2027: PM    EGP climbs vs USD in Wed.'s trading close    Egypt, Saudi Arabia reject Israeli plan to occupy Gaza    Egypt prepares to tackle seasonal air pollution in Nile Delta    27 Western countries issue joint call for unimpeded aid access to Gaza    Egyptian, Ugandan Presidents open business forum to boost trade    Al-Sisi says any party thinking Egypt will neglect water rights is 'completely mistaken'    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Egypt, Colombia discuss medical support for Palestinians injured in Gaza    Australia to recognise Palestinian state in September, New Zealand to decide    Egypt, Huawei explore healthcare digital transformation cooperation    Global matcha market to surpass $7bn by 2030: Nutrition expert    Egypt's Sisi, Sudan's Idris discuss strategic ties, stability    Egypt's govt. issues licensing controls for used cooking oil activities    Egypt to inaugurate Grand Egyptian Museum on 1 November    Oil rises on Wednesday    Egypt, Uganda strengthen water cooperation, address Nile governance    Egypt's Sisi: Egypt is gateway for aid to Gaza, not displacement    Egypt, Malawi explore pharmaceutical cooperation, export opportunities    Korean Cultural Centre in Cairo launches folk painting workshop    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Taiwan's tech sector surges 19.4% in April
Published in Amwal Al Ghad on 16 - 05 - 2024

Taiwan's technology sector is experiencing a resurgence, with leading manufacturers reporting a robust 19.4 per cent year-on-year increase in revenue for April 2024, the NIKKEI Asia reported on Thursday.
This positive trend, driven by strong demand for artificial intelligence (AI)-related servers and semiconductors, marks the second consecutive month of growth for the industry.
Quanta Computer, a leading manufacturer of AI servers, saw its revenue jump an impressive 25 per cent.
Similarly, chipmakers like Taiwan Semiconductor Manufacturing Company (TSMC) enjoyed a record-breaking April with a 59.6 per cent revenue increase fuelled by high demand for cutting-edge AI chips.
While iPhone assembler Pegatron suffered a 16.5 per cent drop, and computer maker Compal Electronics experienced a modest 2.2 per cent decline.
Established chipmakers like United Microelectronics Corp. and ASE Holdings saw modest growth, with a 6.9 per cent and 5.8 per cent increase, respectively.
Excluding TSMC, revenue at four other chipmakers on the list has not yet recovered to pre-2022 levels. These companies will be closely monitoring demand trends in the latter half of the year.
The positive trend extends beyond AI-related products. Asustek Computer, a leading PC manufacturer, saw a 33 per cent revenue increase, partly driven by a rebound from a slow April 2023.
Additionally, display maker AUO also experienced a significant 28 per cent growth following its recent acquisition of German auto parts manufacturer BHTC.
Meanwhile, Hon Hai Precision Industry (Foxconn), a leading contract manufacturer famous for assembling Apple iPhones, reported a 19 per cent revenue increase due to higher demand for cloud-related products.


Clic here to read the story from its source.