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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 -
Taiwan, UK sign historic ETP, strengthening diplomatic ties
Taiwan and the UK have signed a historic Enhanced Trade Partnership (ETP), marking the first trade agreement of its kind between Taiwan and a European country. The agreement covers digital trade, investment, renewable energy, and net-zero carbon emissions. Future discussions may include trade facilitation, anti-corruption initiatives, and service industry management. Taiwan is the first country in the Indo-Pacific region to sign an ETP deal with the UK. The agreement is seen as a symbol of enhanced Taiwan-UK relations and could serve as a model for other nations. The deal is particularly significant considering the UK’s entrance into the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), which may have implications for Taiwan’s prospective membership.2023/11/09 09:55 -
Lai Ching-te lauds Taiwan’s textile sector at TITAS 2023
Vice President Lai Ching-te praises Taiwan’s textile industry for its resilience and innovation in smart manufacturing at the 2023 Taipei Innovative Textile Application Show. The industry shows strong economic contributions, with a focus on functional textiles worn by global athletes, and aims for a future of digital transformation.2023/10/17 17:37