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  • Western Digital announces price hike following Samsung

    Western Digital Corporation (WD) has announced that it will increase prices in response to the recent price hikes in the memory chip industry. Following Samsung’s 20% price increase, WD has informed its downstream channels and contract manufacturers that hard drive products will be subject to weekly price reviews, with adjustments expected to begin in the first half of next year. The company has projected that the cumulative increase in NAND Flash prices could reach up to 55%. These price increases align with the World Semiconductor Trade Statistics (WSTS) organization’s projection of a 44.8% revenue growth in the memory market for the coming year. Market research firm Gartner has estimated an even more significant surge, predicting a 66.3% increase in memory market revenue. While this suggests a strong demand for memory products, it also indicates rising costs for manufacturers and potentially higher prices for consumers in the technology sector.
    2023/12/07 18:59
  • Taichung mini hydroelectric plant to complete by year’s end

    The "Taichung City Mini Hydroelectric Development Plan" in Taiwan has signed a 20-year contract with collaborating companies for total funding. The project, led by Fong He Green Energy & Environment Co. and JetPro, aims to create a mini hydroelectric facility within Taichung City. The first facility, the Shishuike Creek mini hydroelectric power plant, is set to be completed by the end of the year and will have an installation capacity of 185KW.
    2023/10/26 11:27
  • Goldman Sachs cuts TSMC’s capex forecast

    TSMC has experienced an 11% drop in its stock price over the past five months, making it the most significant decline among Asian stocks. Goldman Sachs Group has lowered its capital expenditure expectations for TSMC for next year by over 20%, citing concerns about the postponement of its overseas capacity expansion plan.
    2023/10/05 19:41
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