Latest news with #NewTaiwan
Time of India
an hour ago
- Business
- Time of India
Orders soar for Taiwan cleanroom firms amid global chip industry expansion
Taiwanese cleanroom companies are receiving a wave of new orders as major global chipmakers expand production around the world, especially in the United States and Southeast Asia. United Integrated Services Co. (UIS), a longtime supplier to Taiwan Semiconductor Manufacturing Co. ( TSMC ), is one of the main winners in this trend. From January to May 2025, UIS secured NTD (New Taiwan dollar) 83.68 billion ($2.57 billion) in cleanroom-related contracts -- a new record for the company. Much of this growth is tied to TSMC's massive investment of $65 billion in three chip factories, known as "fabs," in Arizona. The first fab has already started mass production, and the second is nearly finished. With a total order backlog of NTD 132.27 billion ($4.45 billion), UIS is expected to receive even more orders later in 2025. Experts predict the company will have its highest-ever sales in 2025. L&K Engineering Co., another major cleanroom provider, is also seeing strong demand. It reported NTD 95.76 billion (USD 3.23 billion) in new orders in the first five months of the year, largely from Taiwanese firms building new fabs in Southeast Asia. L&K now has a total backlog of NTD 208.49 billion ($7.02 billion). Some of this comes from projects with United Microelectronics Corp. (UMC), which recently opened a new fab in Singapore. Production there will start in 2026. L&K is also working with Vanguard International Semiconductor Corp., which is building a 12-inch fab in Singapore with Dutch company NXP Semiconductors. That plant will start production in 2027. Other Taiwanese firms like Acter Group Corp. and Yankey Engineering Co. are also doing well. Acter now holds over NTD 46 billion ($1.55 billion) in orders, up from NTD 38 billion ($1.28 billion) at the end of 2024, helped by business from chip packaging company Siliconware Precision Industries Co. Yankey Engineering has NTD 40.67 billion ($1.37 billion) in orders, supported in part by Dutch equipment maker ASML's expansion in Taiwan. Cleanrooms are a critical part of chipmaking. They remove dust and other particles that could damage delicate components during production. As chip companies grow worldwide, demand for these high-tech spaces is rising -- and Taiwanese firms are leading the way.
India Gazette
8 hours ago
- Business
- India Gazette
Orders soar for Taiwan cleanroom firms amid global chip industry expansion
New Delhi [India], June 23 (ANI): Taiwanese cleanroom companies are receiving a wave of new orders as major global chipmakers expand production around the world, especially in the United States and Southeast Asia. United Integrated Services Co. (UIS), a longtime supplier to Taiwan Semiconductor Manufacturing Co. (TSMC), is one of the main winners in this trend. From January to May 2025, UIS secured NTD (New Taiwan dollar) 83.68 billion (USD 2.57 billion) in cleanroom-related contracts -- a new record for the company. Much of this growth is tied to TSMC's massive investment of USD 65 billion in three chip factories, known as 'fabs,' in Arizona. The first fab has already started mass production, and the second is nearly finished. With a total order backlog of NTD 132.27 billion (USD 4.45 billion), UIS is expected to receive even more orders later in 2025. Experts predict the company will have its highest-ever sales in 2025. L&K Engineering Co., another major cleanroom provider, is also seeing strong demand. It reported NTD 95.76 billion (USD 3.23 billion) in new orders in the first five months of the year, largely from Taiwanese firms building new fabs in Southeast Asia. L&K now has a total backlog of NTD 208.49 billion (USD 7.02 billion). Some of this comes from projects with United Microelectronics Corp. (UMC), which recently opened a new fab in Singapore. Production there will start in 2026. L&K is also working with Vanguard International Semiconductor Corp., which is building a 12-inch fab in Singapore with Dutch company NXP Semiconductors. That plant will start production in 2027. Other Taiwanese firms like Acter Group Corp. and Yankey Engineering Co. are also doing well. Acter now holds over NTD 46 billion (USD 1.55 billion) in orders, up from NTD 38 billion (USD 1.28 billion) at the end of 2024, helped by business from chip packaging company Siliconware Precision Industries Co. Yankey Engineering has NTD 40.67 billion (USD 1.37 billion) in orders, supported in part by Dutch equipment maker ASML's expansion in Taiwan. Cleanrooms are a critical part of chipmaking. They remove dust and other particles that could damage delicate components during production. As chip companies grow worldwide, demand for these high-tech spaces is rising -- and Taiwanese firms are leading the way. (ANI)
Time of India
8 hours ago
- Business
- Time of India
Orders soar for Taiwan cleanroom firms amid global chip industry expansion
Much of this growth is tied to TSMC's massive investment of $65 billion in three chip factories, known as "fabs," in Arizona. The first fab has already started mass production, and the second is nearly finished. With a total order backlog of NTD (New Taiwan dollar) 132.27 billion ($4.45 billion), UIS is expected to receive even more orders later in 2025. Experts predict the company will have its highest-ever sales in 2025. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Taiwanese cleanroom companies are receiving a wave of new orders as major global chipmakers expand production around the world, especially in the United States and Southeast Integrated Services Co. (UIS), a longtime supplier to Taiwan Semiconductor Manufacturing Co. (TSMC), is one of the main winners in this January to May 2025, UIS secured NTD (New Taiwan dollar) 83.68 billion ($2.57 billion) in cleanroom-related contracts -- a new record for the of this growth is tied to TSMC's massive investment of $65 billion in three chip factories, known as "fabs," in Arizona. The first fab has already started mass production, and the second is nearly a total order backlog of NTD 132.27 billion ($4.45 billion), UIS is expected to receive even more orders later in 2025. Experts predict the company will have its highest-ever sales in 2025.L&K Engineering Co., another major cleanroom provider, is also seeing strong demand. It reported NTD 95.76 billion (USD 3.23 billion) in new orders in the first five months of the year, largely from Taiwanese firms building new fabs in Southeast Asia.L&K now has a total backlog of NTD 208.49 billion ($7.02 billion). Some of this comes from projects with United Microelectronics Corp. (UMC), which recently opened a new fab in there will start in 2026. L&K is also working with Vanguard International Semiconductor Corp., which is building a 12-inch fab in Singapore with Dutch company NXP Semiconductors. That plant will start production in Taiwanese firms like Acter Group Corp. and Yankey Engineering Co. are also doing well. Acter now holds over NTD 46 billion ($1.55 billion) in orders, up from NTD 38 billion ($1.28 billion) at the end of 2024, helped by business from chip packaging company Siliconware Precision Industries Engineering has NTD 40.67 billion ($1.37 billion) in orders, supported in part by Dutch equipment maker ASML's expansion in are a critical part of chipmaking. They remove dust and other particles that could damage delicate components during production. As chip companies grow worldwide, demand for these high-tech spaces is rising -- and Taiwanese firms are leading the way.
Yahoo
10-06-2025
- Business
- Yahoo
TSMC May Revenue Jumps 40% as AI Chip Demand Stays Strong
Taiwan Semiconductor Manufacturing Co., the world's largest contract chipmaker, reported May revenue surged 40% year-over-year as demand remained elevated for its AI chips. U.S.-listed shares of the company, which supplies tech heavyweights such as Apple and Nvidia, are rising more than 2% in premarket trading. January-to-May revenue of NT$1.51 trillion was up nearly 43% over the same period last year. Taiwan Semiconductor Manufacturing Co. (TSM), the world's largest contract chipmaker, reported May revenue surged nearly 40% year-over-year as demand remained elevated for its artificial intelligence (AI) chips. The U.S.-listed shares of the company, which supplies tech heavyweights such as Apple (AAPL) and Nvidia (NVDA), are rising more than 2% in premarket trading. They entered Tuesday up 5% so far this year. TSMC reported May revenue of 320.52 billion New Taiwan dollars ($10.70 billion), up 39.6% from a year earlier but down 8% from April's figure. January-to-May revenue of NT$1.51 trillion was up nearly 43% over the same period last year. In March, TSMC CEO C.C. Wei joined President Donald Trump in announcing that the firm intends to invest $100 billion in U.S.-based chip-manufacturing facilities. In the company's first-quarter earnings call in April, Wei affirmed TSMC's projection of "full-year 2025 revenue to increase by close to mid-20s percent in U.S. dollar terms." Read the original article on Investopedia Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Standard
22-05-2025
- Business
- Business Standard
INR appreciated by 1.3% m-o-m in April 2025 says RBI
Reserve Bank of India or RBI stated in a latest monthly update that Indian rupee (INR) appreciated by 1.3 per cent (m-o-m) in April 2025 and remained one of the least volatile major currencies globally. The spillovers of trade policy uncertainty are already getting manifested in greater volatility in currency markets, with export-oriented economies being highly vulnerable as witnessed in the case of the New Taiwan dollar (TWD). The TWD recorded an intraday surge of more than 5 per cent on May 5, 2025 - the biggest in over three decades. The INR depreciated (m-o-m) by 0.7 per cent in real effective terms in April 2025 as Indias inflation (m-o-m) was 1.4 percentage points lower than the weighted average inflation of its major trading partners, more than offsetting the appreciation in the nominal effective exchange rate (NEER).
