Following the easing of US reciprocal tariffs to 15%, Taiwan's Fortune Electric is seeing meaningful relief in cost pressures while accelerating growth driven by robust demand from...
The US urgently needs to upgrade its aging grid infrastructure amid surging demand from large-scale AI computing, yet its domestic production capacity for heavy electrical equipment...
Demand for heavy electrical equipment has surged following the launch of the US Stargate Project. Fortune Electric has secured first-phase transformer orders, and together with demand...
Amid the global surge in AI data center construction, reported delays in third-party data center projects in the US have highlighted hidden infrastructure bottlenecks resulting from...
US tariffs have gradually become internalized as part of corporate order costs amid the ongoing tariff war, according to Ted Hsu, president of heavy electrical equipment maker Fortune...
Fortune Electric, the first Taiwanese company to receive US Stargate project orders, is negotiating its second phase, with results due by year-end. With booming AI infrastructure,...
The explosive growth of artificial intelligence (AI) is fueling a global boom in AI data centers, driving electricity demand to record highs. Taiwanese heavy electrical firms —...
With the artificial intelligence (AI) wave driving strong demand for AI server hardware products, the energy, power supply, and electromechanical industries have also benefited, due...
The rise of AI and green energy is increasing electricity demand and stressing power reliability. In response, Taiwan's Fortune Electric is partnering with Japanese IT giant NTT DATA...
Fortune Electric, a leading Taiwanese heavy electrical equipment manufacturer, has become the first from Taiwan to join the US Stargate supplier list amid growing global demand for...
Heavy electrical equipment maker Fortune Electric has been negotiating with its clients amid the uncertainties in US tariff policies and exchange rate fluctuations, with company president...
Taiwan-based heavy electrical equipment maker Fortune Electric has become the first Taiwanese company to secure a contract under the US Stargate Project, a US$500 billion AI infrastructure...
The global power infrastructure sector is witnessing a sweeping transformation, with governments prioritizing grid resilience and renewable energy integration. In this landscape, Taiwan's...
Taiwan's power industry is undergoing a profound digital transformation, spurred by the decentralization and liberalization of the electricity market. Established companies are keen...
Leading heavy electrical equipment maker Fortune Electric has seen 2024 revenue and profit surpass last year's levels, as its order backlog now extends to 2027-2028, according to company...
