Thanks to soaring orders for the two older models, the world-known electric car maker Tesla reported the revenues more than doubled, beating market expectations and refreshing its investors even if the firm just experienced massive losses as reported earlier. As the market is looking forward to the debut of Model 3, Tesla has overtaken General Motors (GM) in terms of market capitalization seve...

In light of the trend for unmanned logistic systems, Cainiao Network Technology Co., Ltd, a Chinese company that offers delivery, logistics and warehousing services, and affiliated with Alibaba Group, China’s biggest online commerce company, just inaugurated China’s biggest “smart warehouse” in Huiyang, Guangdong on Aug. 2. According to All Weather TMT, a China-based financial website, a work...

The ongoing electric automobile trend and increasing subsidies have attracted many Taiwanese companies to tap the lucrative market. For instance, TYC, a globally recognized vehicle lighting provider headquartered in Taiwan, has benefited from sharp growth of market demand for Gogoro, a Taiwanese brand of electric scooters, coupled with the government’s financial support. Due to forecast bri...

Mainly on the trend for environmental protection, along with the upgraded subsidies and the government’s promotion to replace the two-stroke scooters, overall sales of electric motorcycles in Taiwan are estimated to witness a promising growth in the near future. Following Gogoro’s e-scooters that are targeted at local young people, China Motor’s e-moving Post aimed at the business segments has...

Advanced Micro Devices (AMD), an American multinational semiconductor company based in Sunnyvale, California, the U.S., strikes gold with the uprising bitcoin trend, which has driven the demand for AMD’s graphics card. Above the market’s expectation, AMD, On July 25th, announced net losses of US$ 16 million (NT$ 486 million), or US$0.02 per share, and revenue of US$ 1.22 billion (NT$ 37 billio...

With energy saving and carbon reduction increasingly a concern among industries, China Motor, eyes great market potential of the logistics and transport industries, and has launched its e-moving Post, the first heavy commercial electric motorcycle in Taiwan. Compared to Gogoro’s model that is targeted at young people, China Motor’s e-moving Post aims at the business segments. Built with a batt...

The Taiwan-based Hon Hai Precision Industry Co., Ltd., world’s largest EMS (electronic manufacturing service) provider by size and a major OLED supplier for iPhone, is seeing a positive turnout in the investment in the U.S. It is forecasted that Hon Hai, with the market being positive about the company’s plan to invest in the U.S., would enjoy a steady growth as the revenue of the products lik...

Aiming to tap the Southeast Asian market, the Taiwan-based TECO Electric & Machinery Co. eyes the electric tricycle segment in the Philippines, and plans to export 3,000 TECO’S E-Trike there this year. TECO, with the E-Trike’s production capacity reaching 50,000, is likely to see a rosy future, as its efforts on exploring the Southeast Asian market appears to be paying off. TECO started to...

FORMOSAT-5, an Earth observation satellite operated by National Space Organization (NPSO), a national civilian space agency of Taiwan under the auspices of Ministry of Science and Technology, is to be launched at the Vandenberg Air Force Base, the U.S., at 2:50 a.m. on Aug 25, local time in Taiwan. Wang Yeong-her, president of National Applied Research Laboratories, explained that Taiwan’s aer...

Taiwan’s Ministry of Economic Affairs (MOEA) is offering subsidy for the purchase of electric motorcycles with the credits of NT$ 7,200 (US$238) for electric light motor scooters (below 50 cc), NT$ 10,000 (US$331) for electric regular motorcycle and heavy motorcycles and NT$ 2,000 (US$66) for the use of domestically produced batteries. Official sources said that the government’s early subsidy...