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January 04, 2011

Consumer Electronics Provider Qualcomm Investing $1B into Taiwan Factory

By Madhubanti Rudra, TMCnet Contributor

A key player in 3G and next generation mobile technologies, Qualcomm, announced the signing of a major investment deal in Taiwan. According to the sources at Taiwanese government, this American mobile chip giant is going to build a factory in Taiwan.




According to the country’s Ministry of Economic Affairs, the factory will sprawl over seven hectares of lands in Longtan, the site of the Hsinchu Science Park. The factory will be manufacturing display panels used in mobile phones and electronic readers, Taiwan's government said Tuesday.

Currently, Taiwan’s handheld device sector is facing fierce completion from the other countries in the Asia Pacific. This $1 billion investment from Qualcomm (News - Alert) is expected to boost Taiwan's display panel industry, which is facing increasing competition from South Korea, China and Japan.

It will be worthwhile to mention here that the San Diego–based chip maker has built up its rapport with the Taiwanese government over the past couple of years. In the past, Qualcomm collaborated with Taiwanese high–tech firms, including HTC (News - Alert) Corp. and Taiwan Semiconductor Manufacturing Co.

“Qualcomm has established a rapport with Taiwanese information, communications and technology firms, and it is aggressively involved in the development of Mirasol displays in view of the rise of smart handhelds such as e--readers,” the statement said.

In a press release, the government officials announced that the new plant in Hsinchu in northern Taiwan, will be using the new power–saving Mirasol technology. Unlike conventional mobile devices, Mirasol technology allows reading under sunlight, the ministry said.

The sources at Qualcomm said that the company began collaborating with Taiwan's Cheng Uei Precision Industry in 2009 to develop Mirasol electronic papers for e–readers.

Last month, Qualcomm announced its agreement of selling its Lower 700 MHz D and E Block (Channel 55 and 56) unpaired U.S. spectrum licenses to AT&T (News - Alert) for $1.925 billion. The sale follows Qualcomm's previously announced plan to restructure and evaluate strategic options related to the FLO TV business operated by FLO TV Incorporated, a wholly owned subsidiary of Qualcomm. It is expected that the FLO TV business and network will be shut down in March 2011.


Madhubanti Rudra is a contributing editor for TMCnet. To read more of her articles, please visit her columnist page.

Edited by Jaclyn Allard







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