Latest news with #ITRI
Yahoo
09-06-2025
- Business
- Yahoo
Mitsubishi Electric to Conduct Demonstration Using CO2 Capture Machine Developed by ITRI in Taiwan
Highly efficient CO2 capture expected to contribute to comprehensive CCU system for achieving carbon neutrality. TOKYO, June 09, 2025--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it will launch a demonstration of technology to capture CO2 from flue gas, using a CO2 capture machine developed by the Industrial Technology Research Institute (ITRI) in Taiwan and installed at Mitsubishi Electric's Advanced Technology R&D Center in Amagasaki, Hyogo Prefecture on June 9. The demonstration will last until September 2027. In April 2024, Mitsubishi Electric and ITRI concluded a basic agreement to cooperate on research targeting sustainability technologies. Since then, they have been engaged in research and development aimed at mitigating climate change through carbon dioxide capture and utilization (CCU) technology. CCU separates and captures CO2 emitted from power plants and factories and then uses the recovered CO2 to produce fuel and chemical products. In the demonstration, Mitsubishi Electric will connect the machine to a steam-generating boiler to test its effectiveness in capturing CO2 contained in boiler's flue gas. The machine uses a solid adsorption method, whereby CO2 is adsorbed onto a solid adsorbent, which is then heated to release and recover the CO2 before CO2 reduction and other processes. Conventionally, CO2 from flue gas has been captured using liquid absorption. In this method, CO2 is absorbed by an aqueous solution of amine, a chemical substance mainly composed of nitrogen atoms that can absorb CO2 and release it when heated or decompressed. However, this method requires a large amount of energy to evaporate the aqueous solution, resulting in energy loss. The new solid adsorption method does not use this evaporation process, thereby reducing the energy required to capture CO2. For the full text, please visit: View source version on Contacts Customer Inquiries Advanced Technology R&D CenterMitsubishi Electric CorporationFax: + Media Inquiries Takeyoshi KomatsuPublic Relations DivisionMitsubishi Electric CorporationTel: + Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
28-05-2025
- Business
- Yahoo
ITRI Opens UK Office and Launches Collaboration With Catapult Network
LONDON, May 28, 2025 /PRNewswire/ -- The Industrial Technology Research Institute (ITRI) unveiled its UK Office in London, marking a significant step in Taiwan-UK collaboration on technology and innovation. As ITRI's fifth international branch, following offices in the U.S., Japan, Germany, and Southeast Asia, the ITRI UK Office will serve as a strategic innovation hub to strengthen the ties between Taiwan and the UK. Held on May 28, the ITRI UK Office Opening Ceremony & Taiwan-UK Innovation Forum welcomed over 100 representatives from British industry, government, and academia to celebrate the occasion. During the event, ITRI signed a Statement of Intent for strategic collaboration with the Catapult Network. This new partnership will strengthen the connection between ITRI and the UK's leading innovation ecosystem. Minister of Economic Affairs Jyh-Huei Kuo delivered a video message to extend his congratulations, noting that the combination of Taiwan's expertise in semiconductors and ICT with the UK's substantial R&D capacity presents vast opportunities for collaboration. He added that through the Taiwan-UK Collaborative R&D Programme, a joint initiative funded by the Ministry of Economic Affairs and the UK DSIT's Innovate UK, along with the efforts of the ITRI UK Office, the collaborating partners will drive growth in technology, industry, and markets. Tsung-Tsong Wu, Chairman of ITRI, remarked that Taiwan and the UK have built a strong partnership in technology development, scientific research, and industrial innovation through years of joint R&D and talent exchange. The UK has long held a leading position in science and innovation, while Taiwan, with its strong technological capabilities, has become a key driver in the global value chain. He noted that the ITRI UK Office will serve as an effective platform for knowledge exchange, talent development, and innovation co-creation—connecting the strengths of Taiwan and the UK to accelerate technology commercialization and create global industrial value. ITRI President Edwin Liu emphasized ITRI's close partnership with the Catapult Network, including work with CSA Catapult on compound semiconductors and ORE Catapult on offshore wind technology. "Today, we're expanding our collaboration with the Catapult Network into new areas including 6G communications, quantum technologies, net-zero solutions, biomedical innovations, AI, and smart manufacturing," he said. "By combining our strengths, we'll deepen the ties between Taiwan and the UK through talent exchange, field trials, and advanced joint R&D projects. These collective efforts will foster innovation and help industries enhance their competitiveness and global presence." The event was joined by distinguished guests, including Lord Richard Faulkner of Worcester, UK Trade Envoy to Taiwan and Deputy Speaker of the House of Lords; Dr. Dave Smith, UK National Technology Adviser; Professor Julia Sutcliffe, UK Chief Scientific Adviser; and former British Office Taipei Representatives John Dennis and Catherine Nettleton. About ITRI Industrial Technology Research Institute (ITRI) is one of the world's leading technology R&D institutions aiming to innovate a better future for society. Founded in 1973, ITRI has played a vital role in transforming Taiwan's industries from labor-intensive into innovation-driven. To address market needs and global trends, it has launched its 2035 Technology Strategy and Roadmap that focuses on innovation development in Smart Living, Quality Health, Sustainable Environment, and Resilient Society. Over the years, ITRI has been dedicated to incubating startups and spinoffs, including well-known names such as UMC and TSMC. In addition to its headquarters in Taiwan, ITRI has branch offices in the U.S., Germany, the UK, Japan, and Thailand in an effort to extend its R&D scope and promote international cooperation across the globe. For more information, please visit View original content to download multimedia: SOURCE Industrial Technology Research Institute
Yahoo
23-05-2025
- Business
- Yahoo
Global Semiconductor Forum Highlights Democratic Cooperation to Strengthen Supply Chain Resilience
Photo TAIPEI, Taiwan, May 23, 2025 (GLOBE NEWSWIRE) -- To address rising geopolitical risks and global supply chain shifts, the Industrial Technology Research Institute (ITRI) hosted the Global Semiconductor Supply Chain Partnership Forum in Taipei on May 23. In line with the government's initiative on semiconductor supply chain partnerships for global democracies, the forum explored supply chain security, global collaboration, and technological complementarity under the themes of Innovation, Security, Resilience, and Prosperity. The event brought together over 700 industry leaders and government officials, including representatives from foreign trade offices in Taiwan. President Lai Ching-te stated that in the face of challenges such as dumping practices, global democracies must work together, leveraging their respective strengths to ensure a resilient semiconductor supply chain. Taiwan, he said, is ready to serve as a key pillar of technological development in the AI era. The government is promoting supportive policies, offering financial and tax incentives, and building data centers and supercomputers to advance industrial innovation. Minister of Economic Affairs Jyh-Huei Kuo emphasized Taiwan's pivotal role in the global semiconductor ecosystem. The Ministry is encouraging global supply chain partners to invest, co-develop the value chain, and explore emerging markets. Taiwan, he noted, will also work with like-minded democracies to establish credible, self-regulating market mechanisms that safeguard trusted supply chains. The Ministry will further advance cross-border talent initiatives to link Taiwan's strong semiconductor workforce with the world and boost the competitiveness of democratic supply chain partners. 'Semiconductors are now a core strategic asset in global economic and technological competition, requiring deeply interdependent supply chains,' said ITRI President Edwin Liu. 'ITRI will focus on potential niche markets, drive key technology development, and strengthen global partnerships to enhance supply chain transparency, cybersecurity, and adaptability. We will work closely with partners worldwide—from materials and manufacturing to talent development—to explore innovation and 'blue ocean' opportunities. Our goal is to build an open, inclusive semiconductor ecosystem where all partners can create value and share in the success.' 'The United States and Taiwan share a long-standing, symbiotic relationship in the high-tech sector with semiconductors at its core,' said Jeremy Cornforth, Deputy Director at American Institute in Taiwan. He emphasized the growing two-way investment, joint efforts to strengthen supply chain resilience and technology security, and a shared commitment to building a strong and innovative global semiconductor ecosystem. Kazuyuki Katayama, Chief Representative of the Japan-Taiwan Exchange Association, noted that a resilient semiconductor supply chain requires comprehensive global collaboration—drawing on Japan and Europe's materials and equipment, the U.S.'s design, and Taiwan's manufacturing—to ensure both business success and economic security. Lutz Güllner, Head of the European Economic and Trade Office, emphasized that the EU is working closely with like-minded partners to strengthen resilient and secure semiconductor supply chains and to build robust AI infrastructure. Taiwan is a key and trusted partner in this endeavor. With TSMC's investment in Germany and growing cooperation between Foxconn and European firms in the semiconductor and space industries, the EU is committed to deepening its engagement with Taiwan. Ruth Bradley-Jones, Representative at British Office Taipei, said, 'Collaboration is at the heart of advancing and securing semiconductor and AI supply chains. The UK will continue to forge partnerships, both in pursuit of advancing semiconductor and AI innovation, and in pursuit of the policy and regulatory frameworks that underpin resilient and diversified global supply chains.' Matthijs van der Hoorn, Deputy Representative at the Netherlands Office Taipei, noted, 'The semiconductor industry is inherently global, and no country can address its challenges alone. As a key player in the global value chain, the Netherlands is committed to working with governments, businesses, and research institutions to jointly build a resilient, reliable, and sustainable chain.' Akira Amari, Honorary Chair of Japan's Parliamentary Association for Semiconductor Strategy, stated that the Japan-Taiwan alliance should serve as a starting point for like-minded countries to jointly build a resilient semiconductor supply chain, from design to manufacturing, to mitigate economic security risks and ensure stable global industrial development. The forum focused on Taiwan's strategies to enhance semiconductor supply chain resilience. The first panel emphasized the importance of alliances, markets, and talent, calling for deeper collaboration with like-minded countries, increased investment in Taiwan, and the development of derisking mechanisms and talent networks. The second panel explored challenges in advanced and mature process technologies as well as efforts to cultivate industry-ready talent at all educational levels. The third panel addressed the need for value-based alliances and the advancement of mid- to high-end process technologies amid supply chain restructuring and regionalization. About ITRIIndustrial Technology Research Institute (ITRI) is one of the world's leading technology R&D institutions aiming to innovate a better future for society. Founded in 1973, ITRI has played a vital role in transforming Taiwan's industries from labor-intensive into innovation-driven. To address market needs and global trends, it has launched its 2035 Technology Strategy and Roadmap that focuses on innovation development in Smart Living, Quality Health, Sustainable Environment, and Resilient Society. Over the years, ITRI has been dedicated to incubating startups and spinoffs, including well-known names such as UMC and TSMC. In addition to its headquarters in Taiwan, ITRI has branch offices in the U.S., Germany, Japan, and Thailand in an effort to extend its R&D scope and promote international cooperation across the globe. For more information, please visit Media ContactAnnie Wu Office of Marketing Communications, ITRI +886-3-591-8406 aiyunwu@ A photo accompanying this announcement is available at in to access your portfolio
Yahoo
19-05-2025
- Business
- Yahoo
Are Strong Financial Prospects The Force That Is Driving The Momentum In Itron, Inc.'s NASDAQ:ITRI) Stock?
Itron's (NASDAQ:ITRI) stock is up by a considerable 17% over the past three months. Given that the market rewards strong financials in the long-term, we wonder if that is the case in this instance. Specifically, we decided to study Itron's ROE in this article. Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. In other words, it is a profitability ratio which measures the rate of return on the capital provided by the company's shareholders. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. ROE can be calculated by using the formula: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Itron is: 17% = US$255m ÷ US$1.5b (Based on the trailing twelve months to March 2025). The 'return' is the yearly profit. That means that for every $1 worth of shareholders' equity, the company generated $0.17 in profit. View our latest analysis for Itron Thus far, we have learned that ROE measures how efficiently a company is generating its profits. Based on how much of its profits the company chooses to reinvest or "retain", we are then able to evaluate a company's future ability to generate profits. Assuming all else is equal, companies that have both a higher return on equity and higher profit retention are usually the ones that have a higher growth rate when compared to companies that don't have the same features. At first glance, Itron seems to have a decent ROE. Especially when compared to the industry average of 11% the company's ROE looks pretty impressive. Probably as a result of this, Itron was able to see an impressive net income growth of 62% over the last five years. We believe that there might also be other aspects that are positively influencing the company's earnings growth. Such as - high earnings retention or an efficient management in place. Next, on comparing with the industry net income growth, we found that Itron's growth is quite high when compared to the industry average growth of 11% in the same period, which is great to see. Earnings growth is an important metric to consider when valuing a stock. What investors need to determine next is if the expected earnings growth, or the lack of it, is already built into the share price. Doing so will help them establish if the stock's future looks promising or ominous. Has the market priced in the future outlook for ITRI? You can find out in our latest intrinsic value infographic research report. Given that Itron doesn't pay any regular dividends to its shareholders, we infer that the company has been reinvesting all of its profits to grow its business. Overall, we are quite pleased with Itron's performance. In particular, it's great to see that the company is investing heavily into its business and along with a high rate of return, that has resulted in a sizeable growth in its earnings. With that said, the latest industry analyst forecasts reveal that the company's earnings growth is expected to slow down. To know more about the latest analysts predictions for the company, check out this visualization of analyst forecasts for the company. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
India Gazette
19-05-2025
- Business
- India Gazette
Taiwan's Semiconductor output expected to surge over 19% in 2025: ITRI
New Delhi [India], May 19 (ANI): Taiwan's semiconductor industry is set to witness a strong expansion in 2025, with output value expected to rise by more than 19 per cent, according to the Industrial Technology Research Institute (ITRI), as reported by Focus Taiwan. The government-supported body attributed the anticipated growth to better performance in th the IC manufacturing and IC design sectors. According to the news report by Focus Taiwan, in its latest IEK Current Quarterly Model report, ITRI projected that the output of Taiwan's semiconductor industry would reach NTD 6.33 trillion (USD210 billion) in 2025. This marks a 19.1 per cent increase from the previous year and surpasses ITRI's earlier forecast in February, which had predicted a 16.2 per cent rise to NTD 6.17 trillion. Breaking down the figures, the IC manufacturing segment is expected to record the highest growth. Its output is likely to grow 23.1 per cent year-on-year to NTD 4.2 trillion in 2025. This is higher than the previous projection of a 19.4 per cent rise. Meanwhile, the IC design segment is forecast to see a 13.9 per cent increase in output value, reaching NTD 1.44 trillion, up from the earlier estimate of an 11.3 per cent rise. Other segments are also expected to see moderate growth. The IC packaging sector is projected to generate NTD 461.5 billion in 2025, up 9 per cent from a year ago. Similarly, the IC testing segment is expected to grow by 6 per cent to NTD 212.2 billion, according to ITRI data. Taiwan Semiconductor Manufacturing Co. (TSMC), the world's largest contract chipmaker, has projected a 24-26 per cent growth in sales in 2025, driven by increased demand for advanced chip making technologies amid the rise of artificial intelligence. Analysts believe TSMC's strong performance will continue to boost the IC manufacturing and design sectors in Taiwan. In the first quarter of this year, Taiwan's semiconductor industry posted an output value of NTD 1.48 trillion. While this was a 0.4 per cent decline from the previous quarter, however it represented a significant 27.6 per cent jump from the same period last year. ITRI said that many clients placed bulk orders earlier than usual in the first quarter to avoid disruptions from U.S. President Donald Trump's unpredictable tariff policies. This strategy helped boost production during what is typically a slower period. Looking ahead, ITRI expects Taiwan's IC industry to generate NTD 1.53 trillion in output in the second quarter, reflecting a 20.6 per cent increase year-on-year and a 2.9 per cent rise from the first quarter. (ANI)
