The Taiwan Power Company (Taipower, 台電 ) has backed down on a proposal that chipmakers in the Tainan Science-based Indu-strial Park (台南科學園區) agree to unannounced power cuts in times of disrupted supply and will instead install an additional transformer at the park's substation to boost supply.
Taipower spokesman Clint Chou (
"Instead, we will install an additional high-voltage transformer at the Lungchi transmission substation that supplies the park with power," said Chou. The new unit will bring the number of transformers at Lungchi to five, increasing the power reserve margin and providing a more stable and secure supply of electricity to the park and surrounding area, said Chou.
Major chip makers Taiwan Semiconductor Manufacturing Corporation (TSMC
The decision to scrap affidavit plan the came after
Wong Cheng-yi (翁政義), head of the Cabinet-level National Science Council -- which oversees administration of the park -described the plan as "unreasonable" during his first visit to the park Monday since assuming the position.
Wong reportedly also voiced his concern to economics chief Lin Hsin-yi (
Chou confirmed that Hsi had withdrawn the proposal and said that Taipower would endeavor to install the new transformer by next June before the onset of the peak summer period.
And while the addition of the fifth transformer would virtually guarantee a stable supply of power to the park, Chou said that Taipower's current facilities at Lungchi would have been be able to satisfy electricity needs at the park, as long as the equipment functioned properly.
"With four transformers working properly there would be enough power," said Chou. "But with the extra transformer there will be a greater margin (of reserve power) and supply should be more stable," he said.
SETBACK: Apple’s India iPhone push has been disrupted after Foxconn recalled hundreds of Chinese engineers, amid Beijing’s attempts to curb tech transfers Apple Inc assembly partner Hon Hai Precision Industry Co (鴻海精密), also known internationally as Foxconn Technology Group (富士康科技集團), has recalled about 300 Chinese engineers from a factory in India, the latest setback for the iPhone maker’s push to rapidly expand in the country. The extraction of Chinese workers from the factory of Yuzhan Technology (India) Private Ltd, a Hon Hai component unit, in southern Tamil Nadu state, is the second such move in a few months. The company has started flying in Taiwanese engineers to replace staff leaving, people familiar with the matter said, asking not to be named, as the
The prices of gasoline and diesel at domestic fuel stations are to rise NT$0.1 and NT$0.4 per liter this week respectively, after international crude oil prices rose last week, CPC Corp, Taiwan (台灣中油) and Formosa Petrochemical Corp (台塑石化) announced yesterday. Effective today, gasoline prices at CPC and Formosa stations are to rise to NT$27.3, NT$28.8 and NT$30.8 per liter for 92, 95 and 98-octane unleaded gasoline respectively, the companies said in separate statements. The price of premium diesel is to rise to NT$26.2 per liter at CPC stations and NT$26 at Formosa pumps, they said. The announcements came after international crude oil prices
DOLLAR SIGNS: The central bank rejected claims that the NT dollar had appreciated 10 percentage points more than the yen or the won against the greenback The New Taiwan dollar yesterday fell for a sixth day to its weakest level in three months, driven by equity-related outflows and reactions to an economics official’s exchange rate remarks. The NT dollar slid NT$0.197, or 0.65 percent, to close at NT$30.505 per US dollar, central bank data showed. The local currency has depreciated 1.97 percent so far this month, ranking as the weakest performer among Asian currencies. Dealers attributed the retreat to foreign investors wiring capital gains and dividends abroad after taking profit in local shares. They also pointed to reports that Washington might consider taking equity stakes in chipmakers, including Taiwan Semiconductor
A German company is putting used electric vehicle batteries to new use by stacking them into fridge-size units that homes and businesses can use to store their excess solar and wind energy. This week, the company Voltfang — which means “catching volts” — opened its first industrial site in Aachen, Germany, near the Belgian and Dutch borders. With about 100 staff, Voltfang says it is the biggest facility of its kind in Europe in the budding sector of refurbishing lithium-ion batteries. Its CEO David Oudsandji hopes it would help Europe’s biggest economy ween itself off fossil fuels and increasingly rely on climate-friendly renewables. While