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ASUS sprints for AIoT layout this season and does not rule out increasing its holdings in Ruichuan Anue Juheng-Taiwan Stock News

January 3, 2022
Source: newsdirectory3.com newsdirectory3.com
News Snapshot:
Brand manufacturer Asustek (2357-TW) has been actively deploying in the AIoT field in recent years. After acquiring a 30% stake in Ruichuan, a subsidiary of Zhenhua Electronics (8114-TW), for 1.5 billion yuan last year, it also evaluated its own smart factory and recently joined hands with Taiwan The university jointly established a research and development center. According to Asustek’s plan, this quarter will not rule out further investment in Ruichuan, which will further increase the shareholding ratio to 45%. ASUS is actively expanding business in fields such as artificial intelligence and AIoT. Among them, AIoT applications target three areas: smart...
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