Marketech International Corp (帆宣), a semiconductor and display panel equipment supplier and distributor, yesterday said it is to launch a subsidiary in Dresden, Germany, as its major customer, Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) last month announced it is building its first European fab in the area.
TSMC is constructing a 12-inch wafer fab in Dresden to produce mainly car chips. The world’s largest contract chipmaker plans to build three advanced fabs in Arizona and two in Kumamoto, Japan.
Marketech has set up US and Japan subsidiaries to provide services to TSMC in those countries. It also set up an office in the Czech Republic last year to collect information about the local investment environment.
Photo: Grace Hung, Taipei Time
Marketech plans to hire about 125 employees in Europe — about half the size of its US subsidiary, company president Scott Lin (林育業) said yesterday.
The US subsidiary remains in the red due to higher labor costs, he said.
The company has slowed down the construction of a new factory in Tainan due to weaker-than-expected demand from display panel customers, he said.
Lin added that the company expects the NT$1.9 billion (US$59.2 million) Tainan factory would become operational in the second quarter of next year.
Marketech’s revenue in the first seven months of the year grew 10.42 percent annually to NT$34.92 billion.
The company expects revenue and net profit to show moderate growth in the second half of the year, Lin said.
However, the company projects more marked growth in revenue and profit next year, given an expected more solid recovery in the semiconductor industry and the contribution of the new product lineup, he said.
Marketech is planning to tap into the advanced packaging industry by supplying chip-on-wafer-on-substrate (CoWoS) equipment, he said.
It is collaborating with a Japanese company to offer CoWoS equipment from next year, he added.
The seizure of one of the largest known mercury shipments in history, moving from mines in Mexico to illegal Amazon gold mining zones, exposes the wide use of the toxic metal in the rainforest, according to authorities. Peru’s customs agency, SUNAT, found 4 tonnes of illegal mercury in Lima’s port district of Callao, according to a report by the non-profit Environmental Investigations Agency (EIA). “This SUNAT intervention has prevented this chemical from having a serious impact on people’s health and the environment, as can be seen in several areas of the country devastated by the illegal use of mercury and illicit activities,”
NEW PRODUCTS: MediaTek plans to roll out new products this quarter, including a flagship mobile phone chip and a GB10 chip that it is codeveloping with Nvidia Corp MediaTek Inc (聯發科) yesterday projected that revenue this quarter would dip by 7 to 13 percent to between NT$130.1 billion and NT$140 billion (US$4.38 billion and US$4.71 billion), compared with NT$150.37 billion last quarter, which it attributed to subdued front-loading demand and unfavorable foreign exchange rates. The Hsinchu-based chip designer said that the forecast factored in the negative effects of an estimated 6 percent appreciation of the New Taiwan dollar against the greenback. “As some demand has been pulled into the first half of the year and resulted in a different quarterly pattern, we expect the third quarter revenue to decline sequentially,”
Six Taiwanese companies, including contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC), made the 2025 Fortune Global 500 list of the world’s largest firms by revenue. In a report published by New York-based Fortune magazine on Tuesday, Hon Hai Precision Industry Co. (better known as Foxconn) ranked highest among Taiwanese firms, placing 28th with revenue of US$213.69 billion. Up 60 spots from last year, TSMC rose 60 places to reach No. 126 with US$90.16 billion in revenue, followed by Quanta Computer Inc. at 348th, Pegatron Corp. at 461st, CPC Corp., Taiwan at 494th and Wistron Corp. at 496th. According to Fortune, the world’s
DIVERSIFYING: Taiwanese investors are reassessing their preference for US dollar assets and moving toward Europe amid a global shift away from the greenback Taiwanese investors are reassessing their long-held preference for US-dollar assets, shifting their bets to Europe in the latest move by global investors away from the greenback. Taiwanese funds holding European assets have seen an influx of investments recently, pushing their combined value to NT$13.7 billion (US$461 million) as of the end of last month, the highest since 2019, according to data compiled by Bloomberg. Over the first half of this year, Taiwanese investors have also poured NT$14.1 billion into Europe-focused funds based overseas, bringing total assets up to NT$134.8 billion, according to data from the Securities Investment Trust and Consulting Association (SITCA),
RSS