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Foxconn and MFTBC launch joint bus venture in Japan
Foxconn and Mitsubishi Fuso announce a joint venture to launch a bus company, focusing on zero-emission buses. Operations will start later this year in Japan.
2026/01/22 15:10
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Taiwan’s Hon Hai partners with Intrinsic for AI factories
Hon Hai and Intrinsic announce a joint venture to revolutionize smart factories with AI. The partnership aims to enhance the efficiency of electronics assembly and manufacturing.
2025/11/21 11:27
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UPO to boost Taiwan’s energy transition efforts
U-Ming Marine Offshore and Purus form UPO, a joint venture to boost Taiwan’s offshore wind power. UPO plans to deliver two advanced vessels by 2027, enhancing energy transition efforts.
2025/10/29 17:33
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TSMC denies Intel partnership talks despite WSJ reports
Intel explores investment opportunities with TSMC, but TSMC denies joint venture talks. C.C. Wei reiterates no discussions have occurred. Chiayi plant unaffected by U.S. delays.
2025/09/27 09:00
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TSMC denies Intel partnership rumors amid Arizona expansion
TSMC Chairman C.C. Wei denies joint venture rumors with Intel, outlines plans for six wafer fabs in Arizona. TSMC aims to meet AI demands and improve cost structure.
2025/04/17 17:30
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TSMC denies joint venture talks with Intel in earnings call
TSMC CEO C.C. Wei denies joint venture with Intel, reassures on tariffs, and predicts 20% revenue growth by 2025. U.S. investments focus on AI demand.
2025/04/17 17:21
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TSMC stock retreats despite record March revenue
TSMC stock fell to NT$865 amid strong interest in fractional shares. Investors await Thursday’s earnings call for insights on tariffs and a potential Intel venture.
2025/04/14 21:00
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Taiwan’s TSMC worth US$662 billion after share plunge
TSMC’s shares fell to NT$848, causing a 686.82-point drop in Taiwan’s stock market. The decline follows U.S. tariff announcements and market reopening after a holiday.
2025/04/07 10:51
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TSMC proposes joint venture with U.S. chip partners: Reuters
TSMC proposes a joint venture with NVIDIA, AMD, and Broadcom to manage an Intel wafer plant, aiming to revive Intel’s operations. Discussions are in early stages.
2025/03/12 14:00
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Taiwan minister apologizes for offensive TSMC remarks
Taiwan’s economic minister J.W. Kuo apologizes for comments on TSMC-Intel venture, addressing concerns from the Down syndrome community. He clarifies TSMC’s U.S. investment plans, highlighting procedural aspects and government contact.
2025/03/10 19:00
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Foxtron to battle Chinese brands in EV race
Discover how Foxtron, a joint venture between Hon Hai and Yulon, plans to expand its EV designs globally, facing competition from Chinese brands, and its strategy for entering markets in Southeast Asia, the U.S., and Europe.
2024/05/23 13:28
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KYMCO, Arun Plus launch joint venture to electrify Thailand
Discover how KYMCO’s new joint venture with Arun Plus, Aionex, is set to transform the electric motorcycle market in Southeast Asia, aiming to establish a sustainable transportation model across the region.
2024/04/29 17:57
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KYMCO eyes Thailand market to expand EV total solutions
KYMCO and Arun Plus are partnering to create Aionex, aiming to dominate Southeast Asia’s electric motorcycle market. With plans to produce e-bikes and operate battery-swapping services, this joint venture is set to revolutionize the region’s two-wheeler industry.
2024/01/22 10:53
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Foxtron marks milestone with record n7 EV model pre-orders
Foxtron, a joint venture of Yulon Motor’s Luxgen Motor, has received over 9,100 pre-orders for its n7 electric vehicle (EV), making a significant impact on Taiwan’s domestic EV industry. Deliveries of the highly anticipated n7 model are set to begin in mid-January next year and be completed by the end of June. The n7’s pre-order numbers, achieved in just two days, equal three years of total EV sales in Taiwan, signaling a bright future for the EV market. Foxconn CEO Young Liu, leading the electric transformation of the trillion-dollar corporation, sees the increasing global competition in the EV sector as beneficial for Foxconn and its business models. Platformization, modularization, and standardization are key strategies for achieving cost control and timely product launches, which are at the core of Foxconn and Foxtron. The n7 model, benefiting from the shared platform provided by Foxtron, enjoys a competitive edge in cost, aligning with Foxconn’s global EV aspirations. The success of Foxtron’s n7 could potentially usher in a new era for Taiwan’s presence in the international EV landscape as the demand for sustainable transport continues to grow.
2023/11/22 20:38
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Starbucks Taiwan to see more growth in holiday season
Starbucks Taiwan, a joint venture between Starbucks Coffee International and Taiwan food conglomerate Uni-President, is set to boost Christmas sales through marketing activities. Despite rising costs in raw materials, Starbucks Taiwan maintains its long-term marketing strategy of expanding locations and improving store quality without raising prices. Sales revenue during the Christmas period is expected to rise by 10 to 20 percent, leading to a 10 percent increase in stock levels.
2023/11/02 20:27