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UMC Reports Sales for May 2025
UMC Reports Sales for May 2025

Business Wire

time5 days ago

  • Business
  • Business Wire

UMC Reports Sales for May 2025

TAIPEI, Taiwan--(BUSINESS WIRE)--United Microelectronics Corporation (NYSE: UMC; TWSE: 2303) ('UMC'), today reported unaudited net sales for the month of May 2025. Revenues for May 2025 Period 2025 2024 Y/Y Change Y/Y (%) May 19,480,057 19,509,486 -29,429 -0.15% Jan.-May 97,793,544 93,882,976 3,910,568 4.17% Expand (*) All figures in thousands of New Taiwan Dollars (NT$), except for percentages (**) All figures are consolidated Additional information about UMC is available on the web at

USI Partners with Customer on GPS Bike Computer Project, Delivering Durable Rugged Design
USI Partners with Customer on GPS Bike Computer Project, Delivering Durable Rugged Design

Yahoo

time6 days ago

  • Business
  • Yahoo

USI Partners with Customer on GPS Bike Computer Project, Delivering Durable Rugged Design

SHANGHAI, June 4, 2025 /PRNewswire/ -- Universal Scientific Industrial (Shanghai) Co., Ltd., USI, a global leader in electronic design and manufacturing services, is collaborating with a customer to develop a GPS bike computer through its Joint Design Manufacturing (JDM) service. The project responds to increasing global demand for high-performance, durable cycling electronics in a rapidly expanding market. According to a report by Global Industry Analysts, Inc., the global market for GPS bike computers was valued at $1.2 billion in 2024 and is expected to grow to $1.7 billion by 2030, with a compound annual growth rate (CAGR) of 5.0% from 2024 to 2030. This market is driven by rising interest in outdoor activities, fitness tracking, and smart mobility solutions. However, durability remains a top concern among end-users, particularly cyclists who operate in extreme environmental conditions and expect reliable performance from their gear. With over two decades of experience in designing and manufacturing rugged, thinner, and lighter devices, USI is uniquely positioned to address these challenges. The company works closely with customers to understand their pain points and long-term product strategies. By analyzing the product roadmap and selecting key components, USI's engineering team proposes a rugged design that emphasizes durability, reliability, and resistance to harsh conditions. "Our JDM model allows customers to benefit from USI's turnkey solutions—from concept design and system integration to volume production," said Mark Zou, the Director of the Vertical Mobility Solutions Center, USI. For the GPS bike computer project, we delivered a robust design solution that meets both functional performance and ruggedness requirements, ensuring the device can withstand tough terrains, vibration, and weather elements." USI's continued investment design expertise and customer-centric innovation supports the growing needs of the smart mobility market and reflects its commitment to quality, reliability, and partnership. About USI (SSE: 601231) USI, Universal Scientific Industrial (Shanghai) Co., Ltd., is a global leader in electronic design and manufacturing as well as a leader in the field of SiP (System-in-Package) technology. With Asteelflash and Hirschmann Car Communication, USI has 30 production and service locations across four continents of Asia, Europe, the Americas, and Africa, and offers customer diversified electronic products with D(MS)2 services: Design, Manufacturing, Miniaturization, Industrial software, and hardware Solutions, and material procurement, logistics and maintenance Services. USI is a subsidiary of ASE Technology Holding Co., Ltd. (TWSE: 3711, NYSE: ASX). To learn more, please visit and engage with us on LinkedIn and YouTube. View original content: SOURCE USI 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

Update on the Simplified Tender Offer and Squeeze-out on NHOA
Update on the Simplified Tender Offer and Squeeze-out on NHOA

Yahoo

time01-06-2025

  • Business
  • Yahoo

Update on the Simplified Tender Offer and Squeeze-out on NHOA

No Conditional Price Supplement Payable TAIPEI, Taiwan, June 01, 2025--(BUSINESS WIRE)--Reference is made to the simplified tender offer (the Offer) and squeeze-out transaction completed on December 10, 2024, by TCC Europe Holdings B.V. (formerly known as Taiwan Cement Europe Holdings B.V.) (TCEH), an indirect subsidiary of TCC Group Holdings Co., Ltd (TWSE: 1101), on the shares of NHOA S.A. (NHOA), pursuant to the clearance decision (conformité) of the French Autorité des marchés financiers dated November 5, 2024 (AMF Notice no. 224C2193). Former NHOA shareholders are hereby informed that NHOA Corporate S.r.l. (NHOA Corporate) has exercised its put option to sell its stake in Free2Move eSolutions S.p.A. (F2MeS) to Stellantis Europe S.p.A. (Stellantis) on June 1, 2025, as further detailed in Section 2.2.1 of the Offer document. Consequently, pursuant to the terms of the Offer document, NO conditional price supplement (complément de prix conditionnel) of EUR 0.65 per NHOA share (the Conditional Price Supplement) is payable to the holders of the financial securities materializing the rights to the Conditional Price Supplement (the Financial Securities). Holders of the Financial Securities will be informed of the completion of the sale of NHOA Corporate's stake in F2MeS to Stellantis by means of a financial notice via Euroclear France. The Financial Securities, which are admitted to the operations of Euroclear France, will lapse on June 3, 2025. Ledouble, acting as independent expert for the purposes of the Offer, has been informed of the exercise of NHOA Corporate's put option. View source version on Contacts Francesca Sorgoni, HEAD OF CORPORATE GOVERNANCE AND E&C, +39 0230552981 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

TWSE and GrandTech Cloud Host F2SU Asia IPO Forum to Showcase Taiwan's Capital Market Strength
TWSE and GrandTech Cloud Host F2SU Asia IPO Forum to Showcase Taiwan's Capital Market Strength

Yahoo

time26-05-2025

  • Business
  • Yahoo

TWSE and GrandTech Cloud Host F2SU Asia IPO Forum to Showcase Taiwan's Capital Market Strength

TAIPEI, May 26, 2025 /PRNewswire/ -- Taiwan Stock Exchange (the TWSE), in partnership with GrandTech Cloud Services Inc., co-hosted the "F2SU Asia IPO Synergy" forum on Friday. The event aimed to attract Asian startups and showcase Taiwan's fundraising potential. As part of the "A Friend to Startups (F2SU)" initiative, the forum brought together startups and venture capitalists from across Asia, highlighting the TWSE's commitment to supporting high-growth companies. The TWSE welcomed a delegation of 15 representatives from innovative companies across the region during the forum's morning session, where participants exchanged insights on Taiwan's capital market. The TWSE Chairman and CEO Sherman Lin said that the Taiwan Innovation Board (TIB) is designed to support high-potential, globally minded companies with flexible listing criteria and a specialized review process. "Our goal is to enhance visibility, strengthen fundraising capacity, and broaden access to growth capital – helping innovative companies grow and stand out in the market," he said. The TWSE President Edith Lee, speaking at the evening reception, highlighted that the TWSE offers a wide range of tailored services for innovative companies, ranging from pre-IPO consultation and guidance to post-listing support such as investor relations (IR) platforms and ESG resources aligned with global standards. These initiatives reflect the TWSE's firm commitment to fostering innovation. Frankie Hsu, Chairman of GrandTech Cloud Services, praised Taiwan's capital market for effectively supporting the growth of innovative industries. James C.J. Hsiao, Director General of Department of Industrial Development at the National Development Council, added that the government continues to channel significant resources into innovation — spanning funding, global talent recruitment, and overseas expansion facilitation. With cross-sector collaboration, the development of Taiwan's innovation ecosystem is expected to accelerate further. Two keynote speakers also shared their valuable insights and perspectives. Alice Chang, founder of U.S.-listed beauty tech firm Perfect Corp., shared her IPO experience and outlined several advantages of listing in Taiwan. Jamie Lin, Chairman of AppWorks, highlighted Taiwan's strengths beyond electronics and AI supply chains, citing high market liquidity, strong price-to-book (P/B) ratios, and substantial foreign ownership as key reasons why Taiwan is an attractive IPO destination. Both speakers affirmed the potential of Taiwan's capital market. As of April 2025, Taiwan's equity market had a total capitalization of NT$65.09 trillion (approx. US$2.24 trillion), with an average daily turnover of NT$308.3 billion (US$10.63 billion), reflecting strong liquidity and growing international appeal. Taiwan's P/B ratio stood at 2.19 in March — outperforming Japan (1.84), Korea (0.84), Hong Kong (1.31), and Singapore (1.29) — highlighting its valuation strength among regional markets. The P/B ratio on Taiwan's Innovation Board reached 3.95, reflecting robust investor appetite for growth companies and affirming the platform's role in emphasizing the intrinsic value of emerging enterprises. To expand its reach in Asia, the TWSE, in collaboration with GrandTech Cloud Services, invited regional startups to join the forum, further extending the influence of Taiwan's Innovation Board. The TWSE has also partnered with KPMG Taiwan to launch the "Southeast Asia Innovation Capital Platform", holding roadshows in Singapore and Malaysia, with another planned for early July. This initiative aims to deepen ties with Southeast Asian startups and investors. The forum drew strong participation from media, startups, and venture capital firms across the region. Attendees actively engaged with the TWSE representatives to explore listing opportunities and gain deeper insights into Taiwan's capital market mechanisms and advantages. The event also helped raise the profile of Taiwan's capital market in the region. The TWSE said that it will continue collaborating with innovative companies to chart the next stage of growth. About TWSE The Taiwan Stock Exchange (the "TWSE") started operations on February 9, 1962. The TWSE is responsible for operating and advancing the Taiwan securities market. The TWSE's primary business operations include listing, trading, settlement, and surveillance. These comprise listing promotion and review, post-listing supervision and corporate governance, maintaining market trading and order, securities firms' services, investor protection, clearing and settlement operations, safeguarding against market defaults and the monitoring of illegal transactions. The Exchange provides comprehensive services to the securities market. View original content to download multimedia: SOURCE TWSE

Cirrus Logic and Compal Electronics Join Forces to Pioneer AI-Powered Audio Enhancement for Laptops
Cirrus Logic and Compal Electronics Join Forces to Pioneer AI-Powered Audio Enhancement for Laptops

Yahoo

time20-05-2025

  • Business
  • Yahoo

Cirrus Logic and Compal Electronics Join Forces to Pioneer AI-Powered Audio Enhancement for Laptops

As laptop manufacturers face persistent challenges with audio distortion and mechanical rattle, two industry leaders are developing an innovative AI solution to transform the PC audio experience. AUSTIN, Texas, May 20, 2025--(BUSINESS WIRE)--Cirrus Logic (Nasdaq: CRUS), a leader in audio engineering and semiconductor innovation, today announced a strategic collaboration with Compal Electronics (Compal; TWSE: 2324), a global leader in electronic design and manufacturing services, to develop AI technology aimed at solving persistent audio quality challenges in laptop computers. The partnership will leverage Cirrus Logic's expertise in audio processing and Compal's manufacturing excellence to address mechanical rattle and audio distortion issues that have long plagued the PC industry. This initiative represents Cirrus Logic's first AI audio technology designed specifically for the PC market, with prototypes scheduled for demonstration at Computex 2025 in Taipei. Solving a Persistent Industry Challenge The collaboration addresses one of the most pervasive yet difficult-to-solve problems in laptop audio: mechanical rattle and distortion. When audio plays at high volumes through laptop speakers, it can cause mechanical components like speakers, keyboards, and chassis elements to vibrate and rattle, resulting in distorted sound and a diminished user experience. Currently, manufacturers typically address this issue by limiting maximum volume or reducing bass frequencies, sacrificing audio performance to prevent distortion. "Today's PC users expect premium audio experiences, but laptop manufacturers face significant engineering challenges in delivering consistent, high-quality sound," said Carl Alberty, Executive Vice President of Cirrus Logic's Mixed-Signal Products. "Our AI-powered audio technology is a huge step forward in ensuring quality audio performance for OEMs, ODMs, and end users. By collaborating with Compal, we're bringing this technology directly to the manufacturing process to catch problems early, significantly enhancing performance, quality and sustainability." AI-Driven Approach to Quality and Consistency This collaboration is significant with the application of AI to address solving audio quality issues. Cirrus Logic's AI tools & rattle limiter algorithms can be used to detect and help reduce rattle, respectively, to deliver quality audio performance. Compal, which manufactures laptops for several global, top-tier brands, will endeavor to build its plan to implement this technology in their production lines, enabling better quality assurance and consistency across high-volume manufacturing. Compal is constantly seeking innovative solutions to improve quality and enhance the products they manufacture for their global partners. Collaboration with Cirrus Logic helps Compal address a long-standing audio quality challenge in the manufacturing process, ultimately delivering superior audio experiences to consumers while reducing production costs associated with inconsistent performance and returns. Benefits Across the PC Ecosystem The new AI audio technology offers multiple benefits throughout the PC ecosystem: For PC Manufacturers (OEMs) The technology allows OEM brands to deliver superior audio experiences without making the traditional trade-offs between loudness and distortion. Manufacturers can confidently push sound performance boundaries while maintaining quality, potentially reducing customer returns related to audio issues. For Manufacturing Partners (ODMs) For ODMs like Compal, the technology streamlines quality testing processes and helps ensure more consistent audio performance across production batches. For End Users Consumers will ultimately benefit from laptop computers that deliver louder, clearer audio with richer bass response without the distraction of mechanical rattle or distortion that diminishes the listening experience. Building on Audio Leadership This initiative builds upon Cirrus Logic's existing Rattle Limiter technology. While the current technology has made significant strides in addressing audio distortion issues, the AI-powered approach represents a major leap forward in effectiveness and adaptability. "This collaboration represents Cirrus Logic's first major AI audio technology for the PC market, but it leverages our decades of experience in audio processing and our extensive patent portfolio," added Alberty. "We're excited to showcase this technology at Computex 2025 and collaborate with additional partners to bring enhanced audio experiences to consumers worldwide." About Cirrus Logic Inc. Cirrus Logic is a leader in low-power, high-precision mixed-signal processing solutions that create innovative user experiences for the world's top mobile and consumer applications. With headquarters in Austin, Texas, Cirrus Logic is recognized globally for its award-winning corporate culture. Check us out at Cirrus Logic, Cirrus and the Cirrus Logic logo are registered trademarks of Cirrus Logic, Inc. All other company or product names noted herein may be trademarks of their respective holders. About Compal Founded in 1984, Compal is a leading manufacturer in the notebook and smart device industry, creating brand value in collaboration with various sectors. Its groundbreaking product designs have received numerous international awards. In 2024, Compal was recognized by CommonWealth Magazine as one of Taiwan's top 6 manufacturers and has consistently ranked among the Forbes Global 2000 and Fortune Global 500 companies. In recent years, Compal has actively developed emerging businesses, including cloud servers, auto electronics, and smart medical, leveraging its integrated hardware and software R&D and manufacturing capabilities to create relevant solutions. More information on Compal, please visit View source version on Contacts Derrick ShannonAccount Director, Touchdown PRCirrusLogic@ 512.599.4015Julia BettsDirector, Communications & Employee Experience, Cirrus 512.851.4147 Sign in to access your portfolio

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