Kingboard Holdings will sell 155 million shares in Kingboard Laminates at a discount, aiming to expand business and production capacity to meet surging demand. The deal is expected to close on June 22.
Soaring AI server demand is pushing Japanese and South Korean MLCC makers into high-end products, creating opportunities for Chinese competitors in lower-end markets. The MLCC market is experiencing a historic cycle with rising prices and capacity expansion expected.
Three Taiwanese IT professionals were arrested for allegedly attempting to smuggle 50 high-end AI servers, equipped with NVIDIA HB300 chips and purchased for NT$700 million, to mainland China, Hong Kong, and Macau. They face charges of document forgery and other offenses, and have been detained.
