AGP Executive Report
Last update: 2 hours agoEV Manufacturing: Foxconn agreed to pay US$727 million for half of Mitsubishi Electric Mobility, forming a joint venture to develop EV platforms in Japan and target ¥1 trillion in sales by fiscal 2030. AI Hardware: Wiwynn, GUC and Ayar Labs demonstrated a live co-packaged-optics rack, a step toward deploying optical links in AI data centers. TSMC reported Q3 revenue of US$46.72 billion, up 41.2% year on year, with high-performance computing making up 68% of sales. Capacity Expansion: Micron opened a second AI memory packaging plant in Taichung, while MiTAC plans to invest NT$12.62 billion in Taiwan server manufacturing. Taiwan is also planning up to US$4 billion in Texas industrial parks to support AI chip suppliers. Renewable Energy: All turbines at the 1GW Hai Long offshore wind farm are now generating power, adding a major source of clean electricity to Taiwan’s grid.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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