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Taiwan Cement Corp. (TCC) held its 2022 annual general meeting, in which Chairman Nelson Chang delivered a speech and shared business updates

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TAIPEI, May 26, 2022 /PRNewswire/ — Taiwan Cement Corp. (TCC) held its 2022 annual general meeting, in which Chairman Nelson Chang delivered a speech, and TCC shared its 1Q22 results as below:

Chairman Nelson Chang’s Speech

In the past half a year or so, it seems foreboding dark clouds are surrounding the world, such as the fast-spreading COVID-19 variants in Asia, and the interruption of worldwide commodity supply chains. These have all led up to uncertainty, pessimism, and anxiety about the future. It is also the most difficult year for Taiwan Cement for the past ten years. Granted all is true, we remain positive that every cloud has a silver lining if we position ourselves in just the right direction. A beam of light always comes out from behind the clouds. However tiny it may be, it gives us hope that we shall remain undaunted so as to embrace a promising future.  

Living in the 21st century, we are unsure of where to go from here and what can be made sure in this world. The risks are no less great than those of the Age of Exploration in the 15th century, notwithstanding the greater knowledge we have gained about the world today.

The totally inexcusable war has caused the ensuing scarcity in both resources and energy. The worldwide break-out of a virus has caused millions of unexpected deaths as well as increased wastes, especially of plastics to an alarming ubiquity. The sudden shortage of energy has also worsened the emissions of carbon-dioxide to make the Earth even warmer. All these issues are posing grave threats to the future existence of Humankind.     

In fact, the reason Humankind has strayed today lies entirely in ourselves. Only when self-examination is in place to allow a fundamental conceptual change in conduct can we afford to claim that we are underway to explore a real answer.

The sense of co-existence in our age should be awakened and evoked on a full scale of the Planet Earth. We must be upfront with the pandemic, weather change and a more idealistic society. Each of us will require a cognitive restructuring in our thinking. It can no longer be “I,” but “WE.” To familiarize ourselves with the capitalized “WE” is an indispensable step to a sustainable future of mankind. But unfortunately, at the annual meeting of the World Economic Forum in Davos this year, it seems to be going backwards and moving towards a regional economy, an economic model where every country comes first. We cannot continue to contemplate living a life solely for our time and selfishness. Most wars took place for individual rights or self-interests of politicians per se. Only a minimum of warfare was fought genuinely for such lofty causes as freedom and human life.

The Great Leap of the next generation will beyond doubt be motivated by continuous revolutions. It will no longer be technology-driven cognitive change but a restructured mental framework for sustainability.

Dante wrote, “The hottest places in hell are reserved for those who, in a period of moral crisis, maintain their neutrality.”

Lastly but not least, may I remind you ladies and gentlemen, “Today is the beginning of eternity.”

TCC: Silver Lining

In 1Q22, TCC saw cement revenue in Mainland China decreased by 7.8% year-on-year. Sales volume for the same period also decreased by 24.1% year-on-year. Despite the cement price increase by 18%, it could not catch up with the price hike of coal, especially in 1Q22, when international coal price grew by 195% year-on-year. This price increase in coal caused TCC to see a drop both in gross margin and net profits.

Nevertheless, TCC’s 1Q22 consolidated revenue was NT$22.97 billion, representing a 4% increase compared to NT$22.03 billion in 1Q21. This growth was mainly attributed to the new energy businesses. Cement revenues in 1Q22 dropped by 3% year-on-year, but new subsidiaries in the energy segment such as, NHΩA, E-One Moli, and TCC Energy Storage contributed positively to TCC’s consolidated revenue.

TCC has transitioned into a circular economy company. As cement markets begin to shrink from their peak, waste treatment has become the focus of business operation. This transition not only helps solve society’s waste problem but also increases profits. In the future, TCC’s target is to become one of the growth tech stocks. For growth tech stocks around the world, cash dividend payout ratio has not been the main reason for market capitalization growth.

In the past two years, TCC has been redeploying two-thirds of its profits into ESG-related projects, such as building waste treatment facilities in Taiwan and Mainland China, investing in green energy projects, and buying the majority stake in the Italy-based energy storage company NHΩA. These steps are part of a comprehensive strategy to help TCC Group to achieve carbon neutrality. For example, TCC’s total renewable energy generated by 2025 is actually sufficient for the Company to achieve RE100 but, TCC’s renewable energy are still provided mainly to meet the demand of Taiwan’s companies that focus on exporting products.  

As a circular economy company, its waste treatment capacity has been increasing, together with alternative material and fuel usage. Using cement kilns’ high temperature to co-process wastes can help the society solve its waste problem. It can also generate alternative material and fuel to help increase cement production once stricter energy and coal controls, such as the situation in Mainland China in 4Q21. Moreover, it can help reduce carbon emissions, generate carbon rights, and reduce cost and reliance on coal. Currently, the cost of alternative fuel is only 1/3 to 1/2 of the cost of coal. By 2030, the total waste treatment volume by TCC may rise up to 10 million tons while alternative fuel usage can exceed 1.3 million tons. This is equivalent to reducing carbon emissions by more than 10 million tons. CIMPOR and OYAK, TCC overseas-invested cement companies, have also been using large amounts of alternative fuel.

As energy business is concerned, TCC foresees a possible supply shortage of industrial green energy in Taiwan. The green energy installations scheduled by the government for 2025 and 2030 are 27Gw and 45GW, respectively. To have green energy used at full capacity and efficiency, TCC believes that there must be at least 20% of energy storage complementary to green energy. This means that at least 5GW and 9GW of energy storage are needed in 2025 and 2030. TCC’s total green energy installation is estimated to exceed 500MW by 2025 and is also building, scheduling, and planning many energy storage projects.

TCC’s global energy storage installation is expected to exceed 400MWh by the end of 2022. By 2024, the figure is estimated to exceed 2,900MWh. NHΩA, the Italy-based TCC subsidiary, has been rapidly expanding global energy storage presence with projects completed or under planning, spanning across a total of 26 countries. Free2Move eSolutions, an business line of NHΩA, has also built the world’s largest vehicle-to-grid (V2G) site with a capacity of 30MW and, when the grid needs electricity, the site can have up to 600 EVs connected to provide electricity back to the grid. NHΩA’s other business line, Atlante Co., has been swiftly expanding businesses in Southern Europe with the aim to become the largest virtual independent power producer (IPP).

Energy storage requires batteries and that is why TCC believes the key to the future of energy is batteries. Molie Quantum Energy, a TCC subsidiary, has been building a 1.8GWh super battery factory in Xiaogang, Taiwan since October 25, 2021, and it is scheduled to begin production in 1Q23. Combining the current 1.6GWh battery capacity of E-One Moli, by 2024, TCC’s total battery capacity will reach 3.3GWh, around 216 million units per year. The price of batteries is also expected to increase to US$5 per unit in 2024.

In addition to maintaining existing business and expanding to new energy businesses, TCC also has a responsibility to its current and future shareholders. The Company has been taking initiatives to revitalize its land assets, namely the properties in Taiwan and Mainland China. In Taiwan, the Zhudong property is aimed at becoming a lifestyle theme park while the property at Keelung Road, Taipei is aimed to be an “Urban Green Eco-Valley“. In Mainland China, an iconic building is under construction in the name of “TCC Gong Liang Building in Hangzhou“, which is scheduled to be completed in 2024 and will be TCC’s headquarters in Mainland China.

TCC firmly believes that an enterprise should be responsible for its current and future shareholders, but cannot solely focus on current profits. The most important responsibility lies in its positive contribution to the society and the Earth. We have inherited this planet from our ancestors. Therefore, we need to prove to the future generations that the decisions we are making right now is the correct one.

For the next decade, low-carbon cement, resource circulation and green energy are the three pillars for TCC’s sustainable growth.

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TCL CSOT Showcases Industry-First IJP OLED Family Bucket Across All Form Factors at SID Display Week 2025

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SAN JOSE, Calif., May 18, 2025 /PRNewswire/ — TCL CSOT, a global leader in advanced display technologies, made a commanding appearance at SID Display Week 2025, the premier global summit for the display industry. Reinforcing its leadership in Inkjet Printing OLED (IJP OLED), TCL CSOT unveiled the latest innovations from its APEX platform – highlighted by a comprehensive IJP OLED family bucket. This full-category lineup demonstrates the company’s unmatched capabilities in scaling IJP OLED across all mainstream form factors and advancing both its industrialization and ecosystem development.

World’s First IJP OLED Mobile Display (6.5″)

At the forefront of mobile innovation, TCL CSOT debuted a 6.5-inch IJP OLED smartphone panel, marking a significant milestone in the IJP OLED space. Dubbed the “True Color Screen,” it features a Real RGB pixel structure with a resolution of 824×1833, delivering 326 PPI – equivalent to 460 PPI in Pentile. With 99% DCI-P3 color coverage, a native contrast ratio of 1,000,000:1, and a lightning-fast 0.1ms response time, the display offers brilliant image fidelity and performance. Additionally utilizing a 3μm printing precision, the panel incorporates a 460nm low blue light eye-care display feature.

4K 120Hz IJP OLED Monitor Display (27″)

Featuring advanced IJP OLED technology, TCL CSOT’s 27-inch monitor delivers stunning 4K ultra-HD visuals with precise, vivid colors thanks to its stripe RGB pixel arrangement and wide color gamut. A 120Hz refresh rate ensures smooth motion, while the 3-sided bezel-less design offers an expansive, immersive experience for both professional work and entertainment.

World’s First IJP OLED Pad Display (14″)

Expanding into productivity and creativity segments, TCL CSOT unveiled the “Lingyun Display,” a 14-inch tablet panel representing a breakthrough in portable OLED. With a resolution of 1920×1200 and 99% DCI P3 RGB color gamut, it is engineered for professional-grade visuals. Inkjet printing technology allows for a 30% boost in pixel density through micron-level deposition. An anti-glare surface, ultra-thin 0.2mm cover glass, and stylus-ready interaction round out the premium feature set. With an RGB stripe layout and advanced algorithms, the panel achieves minimal aliasing and rich grayscale accuracy calibrated to Gamma 2.2.

World’s First Oxide IJP OLED Notebook Display (14″)

In the notebook category, TCL CSOT showcased the first-ever 14-inch oxide IJP OLED notebook panel. This innovation merges oxide TFT backplane advantages – such as lower power consumption and faster response – with the visual brilliance of OLED. Offering a 2.8K high-resolution canvas and a contrast ratio over 1,000,000:1, the display enables precise color output and power-efficient operation. The inkjet manufacturing process further enhances material efficiency and supports scalable, eco-conscious production, setting a new standard for next-gen mobile computing displays.

From 6.5″ to 65″: The Industry’s First Full IJP OLED Family Bucket

With a full-spectrum portfolio that includes smartphones, tablets, laptops, rollable displays, and TVs, TCL CSOT has become the first manufacturer to commercialize a complete family bucket of IJP OLED products. As a pioneer in mass production and a consistent driver of technological breakthroughs, TCL CSOT continues to lead the global push toward scalable, sustainable, and high-performance printed OLED innovation.

About TCL CSOT

Established in 2009, TCL China Star Optoelectronics Technology Co., Ltd. (TCL CSOT) is a leading global innovator in display technologies. Its LCD, OLED, and MLED solutions power applications across TVs, smartphones, tablets, laptops, monitors, automotive systems, VR/XR, and commercial displays. With continuous investment in R&D and a strong global supply ecosystem, TCL CSOT is committed to shaping the future of display technology with intelligent, energy-efficient, and user-centric innovations. As part of TCL’s Worldwide Olympic Partnership, TCL CSOT is proud to deliver display solutions that elevate experiences on the global stage.

 

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SOURCE TCL China Star Optoelectronics Technology

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TCL CSOT Unveils APEX Platform Innovations to Elevate Display Experiences at SID Display Week 2025

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SAN JOSE, Calif., May 19, 2025 /PRNewswire/ — TCL CSOT, a global leader in advanced display technologies, made a commanding appearance at SID Display Week 2025, the premier global summit for the display industry. Reinforcing the strength of its APEX high-end innovation platform – built on four pillars: Amazing – Pleasant Display Experience, Protective – Reliable Vision Health, Eco-friendly – Sustainable Green and Low-carbon, X – Unlimited Future Imagination – the company unveiled a comprehensive portfolio of next-generation displays that redefine user experience, sustainability, and form factor possibilities across scenarios.

Amazing Display Experience: Elevating Visual Immersion

TCL CSOT presented a series of groundbreaking displays designed to deliver outstanding visual clarity, color precision, and immersive form factors – advancing the frontier of what users can see and feel:

World’s Highest Image Quality LCD TV Display (98″)
This 98-inch large-screen LCD TV achieves cinema-grade picture quality by combining an ultra-wide 178° viewing angle with an ultra-low reflectance rate of just 0.8%. Powered by a proprietary RGB Mini-LED backlight system, it delivers a 95% coverage of the BT.2020 color gamut, delivering stunning color depth for a premium home theater experience.

World’s First Mass Production CUP OLED Notebook Display (14″)
This 14-inch OLED panel features an industry-leading 98% screen-to-body ratio made possible through TCL CSOT’s proprietary Camera Under Panel (CUP) technology. With a 4K resolution (3840×2400), 120Hz refresh rate, and full-spectrum color gamut coverage (100% DCI-P3, and Adobe RGB), it delivers professional-grade visual performance.

World’s First Ultra-Wide Color Gamut OLED Mobile Display (6.36″)
With advanced OLED structural design and optimized materials, this is the world’s first FMM OLED mobile display that achieves 95% BT.2020 ultra-wide color gamut coverage (CIE 1931), ensuring exceptional visual excellence for next-generation smartphones.

Protective Vision Health: Designed for Visual Wellbeing

Prioritizing eye-care, TCL CSOT introduced innovations for healthier visual experiences:

World’s First Natural-Spectrum Slim Pad Display (12.1″)
This industry-first LCD tablet display replicates the full visible spectrum of natural sunlight with a 50% natural light ratio – more than double that of conventional displays. The display helps provide a more comfortable viewing experience for extended screen use.

Eco-Friendly Innovation: Driving Sustainable Display Performance

TCL CSOT showcased its continued leadership in energy-efficient design, bringing forward low-power display technologies that balance high performance with environmental responsibility:

World’s First Lowest Power Consumption PLP OLED Mobile Display (6.96″)
This mobile OLED screen achieves a 45% reduction in EL power consumption through advanced panel design and a next-generation high-transmittance color filter. With full BT.2020 color gamut coverage (up to 92%) and seamless IR sensor integration, it ensures high display fidelity while extending device battery life.

World’s Lowest Power LTPO Notebook Display (14.5″)
This LTPO panel transitions seamlessly from 0.3Hz to 120Hz depending on user activity. In static content scenarios, it enables a deep sleep state with power usage as low as 240mW, effectively doubling battery life.

Unlimited Future Imagination: Redefining the Possibilities of Display

Expanding the potential of visual technology beyond conventional formats, TCL CSOT continues to pioneer new paradigms in intelligent design, modularity, and spatial integration:

World’s Narrowest Splicing Dual-Curved Display (23.6″)
Designed for next-generation automotive cockpits, the dual 23.6-inch Mini-LED curved displays offer a seamless 1.0mm panel-to-panel gap, with integrated local dimming zones (9589*2). A hidden wood-grain visual layer blends harmoniously with vehicle interiors, balancing functionality and aesthetics with an ultra-wide color gamut for an immersive driving interface.

APEX Innovation Platform: Enabling the Next Leap in Intelligent Display Experiences

TCL CSOT’s full-spectrum showcase at SID 2025 illustrates how the APEX innovation platform is redefining what’s possible across every dimension of display: stunning visual quality, trusted vision protection, low-carbon energy performance, and future-facing form innovation. APEX continues to serve as the company’s blueprint for next-generation breakthroughs, enabling smarter, more sustainable, and more human-centric display solutions.

About TCL CSOT
Established in 2009, TCL China Star Optoelectronics Technology Co., Ltd. (TCL CSOT) is a leading global innovator in display technologies. Its LCD, OLED, and MLED solutions power applications across TVs, smartphones, tablets, laptops, monitors, automotive systems, VR/XR, and commercial displays. With continuous investment in R&D and a strong global supply ecosystem, TCL CSOT is committed to shaping the future of display technology with intelligent, energy-efficient, and user-centric innovations. As part of TCL’s Worldwide Olympic Partnership, TCL CSOT is proud to deliver display solutions that elevate experiences on the global stage.

 

SOURCE TCL China Star Optoelectronics Technology

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MiTAC Computing Showcases Strategic AI and Cloud Infrastructure Partnership with AMD at COMPUTEX 2025

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TAIPEI, May 19, 2025 /PRNewswire/ — MiTAC Computing Technology Corporation, a leading server platform designer and manufacturer and a subsidiary of MiTAC Holdings Corporation (TSE:3706), will spotlight its long-term collaboration with AMD at COMPUTEX 2025 (Booth M1110). The two companies will jointly present a broad portfolio of next-generation server platforms powered by AMD EPYC™ processors and AMD Instinct™ GPUs, highlighting their shared commitment to advancing scalable, energy-efficient infrastructure for AI, HPC, cloud-native, and enterprise environments.

A Strategic Milestone: Over Two Decades of Innovation

Since introducing its first AMD-based dual-socket server motherboard in 2002, MiTAC—through its TYAN brand—has cultivated a strong, enduring ecosystem partnership with AMD. This collaboration has enabled MiTAC to consistently deliver high-performance, AMD-powered platforms that meet the evolving demands of modern data centers.

“At MiTAC Computing, we are proud to extend our partnership with AMD as we continue developing advanced, scalable, and energy-efficient server platforms,” said Rick Hwang, President of MiTAC Computing Technology Corp. “By integrating AMD’s latest EPYC™ 9005 and 4005 series processors, AMD Instinct™ MI325X GPUs, and the upcoming MI350 series GPUs and platforms, we’re enabling our global customers to unlock new capabilities in AI infrastructure and high-performance computing.”

AI & HPC Innovation: Built to Accelerate

MiTAC G8825Z5
An 8U powerhouse optimized for intensive AI and HPC use cases. Featuring dual AMD EPYC™ 9005 Series processors and support for up to 8 AMD Instinct™ MI325X GPUs, it offers massive compute density and up to 6TB of DDR5-6400 memory, ideal for large-scale AI model training and scientific computing.

TYAN TN85-B8261
A 2U dual-socket GPU server supporting up to four dual-slot GPUs. Equipped with 24 DDR5-6400 RDIMM slots and tool-less NVMe storage carriers, it delivers high-speed throughput and flexibility for deep learning and HPC environments.

MiTAC C2820Z5
An OCP-powered direct liquid-cooled, high-density 2OU 4-node platform tailored for energy-efficient HPC workloads. Powered by dual AMD EPYC™ 9005 processors, it offers enhanced thermal performance and scalability, ideal for next-gen AI clusters.

Cloud-Ready Infrastructure: Optimized for Scale-Out

MiTAC M2810Z5
A 2U 4-node single-socket server built for high-density cloud computing. Each node supports up to 3TB DDR5-6400 memory and four E1.S drives, enabling fast, scalable deployments in hyperscale environments.

TYAN HG68-B8016
A 6U multi-node platform designed for cloud gaming and compute-heavy workloads. It includes five single-socket nodes using AMD EPYC™ 4005 Series processors, each with DDR5-5600 memory and NVMe storage, maximizing efficiency for cloud-native operations.

Enterprise-Grade Platforms: High IOPS, Scalable Storage

MiTAC TS70A-B8056
A 2U single-socket server built for enterprise storage and virtualization. Supporting up to 26 NVMe U.2 drive bays, 24 DDR5-5200 DIMM slots, and dual PCIe 5.0 expansion slots, it’s ideal for data-intensive workloads like software-defined storage and database acceleration.

One MiTAC Strategy: End-to-End Solutions

MiTAC Computing’s integrated “One MiTAC” strategy unites its server hardware expertise with MiTAC Information Technology’s software integration capabilities. By combining AMD’s CPU and GPU platforms with MiTAC’s full-stack design and deployment capabilities, the companies jointly deliver complete AI and data center solutions across government, transportation, finance, and hyperscale industries.

Whether it’s overcoming challenges in AI cluster deployment or supporting mission-critical enterprise systems, MiTAC Computing and AMD are enabling customers to scale efficiently and innovate faster.

A Shared Vision for the Future

Looking ahead, MiTAC Computing and AMD are focused on driving further innovation in AI infrastructure, HPC cluster scaling, cloud-native system design, and energy-efficient computing. With upcoming support for AMD Instinct™ MI350 GPUs for liquid cooling, MiTAC Computing is preparing for the next wave of high-performance AI deployments.

Visit MiTAC Computing at COMPUTEX 2025 – Booth M1110

Experience MiTAC Computing’s full AMD-powered product lineup and talk with solution experts.
Explore more: https://www.mitaccomputing.com/en/campaign/computex2025

AMD, the AMD Arrow logo,  AMD Instinct, EPYC and combinations thereof are trademarks of Advanced Micro Devices, Inc. Other names are for informational purposes only and may be trademarks of their respective owners.

About MiTAC Computing Technology Corporation

MiTAC Computing Technology Corp., a subsidiary of MiTAC Holdings, delivers comprehensive, energy-efficient server solutions backed by industry expertise dating back to the 1990s. Specializing in AI, HPC, cloud, and edge computing, MiTAC Computing employs rigorous methods to ensure uncompromising quality not just at the barebone level but more importantly, at the system and rack levels—where true performance and integration matter most. This commitment to quality at every level sets MiTAC Computing apart from others in the industry. The company provides tailored platforms for hyperscale data centers, HPC, and AI applications, guaranteeing optimal performance and scalability.

With a global presence and end-to-end capabilities—from R&D and manufacturing to global support—MiTAC Computing offers flexible, high-quality solutions designed to meet unique business needs. Leveraging the latest advancements in AI and liquid cooling, along with the recent integration of Intel DSG and TYAN server products, MiTAC Computing stands out for its innovation, efficiency, and reliability, empowering businesses to tackle future challenges.

Visit our corporate website: https://www.mitaccomputing.com/

SOURCE MiTAC Computing Technology Corp.

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