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ASMedia expects revenue growth through 4Q23

ASMedia Technology, an affiliate of Asustek Computer specializing in high-speed transmission chips, expects to post sequential revenue increases through the fourth quarter of 2023, according to company president Lin Che-wei.

Asustek-affiliated TWS showcases Formosa Foundation Model, Taiwan s first LLM

Taiwan Web Service (TWS) has created Taiwan s first large language model (LLM) called the Formosa Foundation Model (FFM), which will be released as an enterprise generative AI solution.

Asustek eyeing a breakeven in 2Q23 after two consecutive quarters of losses

Asustek Computer, as expected by the market, remained in the red in the first quarter of 2023, but its operating losses narrowed to NT$1.682 billion (US$54.57 million) from NT$3.823 billion of a year earlier, with the prospect it may have a chance to break even in the second quarter.

Asustek, HTC struggling to maintain sagging handset business

Taiwan-based brand vendors Asustek Computer and HTC face increasing difficulty maintaining their fragile smartphone businesses as the global handset market will likely continue to brace for a headwind in 2023.

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