Taiwanese chipmakers planning to invest in China may have to wait longer than anticipated amid government policy-making disagreements, officials said yesterday.
"Government bureaucrats need more time to negotiate -- that's why there will be a delay," an official from the Cabinet said under condition of anonymity.
Members of the task force charged with forming chip-investment rules said their final policy recommendations were sent to the Executive Yuan on March 22, and that it appears progress is currently stalled at the Investment Commission under the Ministry of Economic Affairs.
Officials at the commission were not available for comment yesterday.
Companies such as Taiwan Semiconductor Manufacturing Co (TSMC,
Officials from three government agencies contacted by the Taipei Times yesterday were not able to offer a new timeline.
The premier's self-imposed deadline helped placate business leaders who argued they should be allowed to invest in China, the fastest growing market for semiconductors in the world. They also fear Chinese competitors could outgrow them by taking advantage of the market for mobile-phone chips and other electronics items.
Analysts were not too upset by the delay.
"This is a big issue for chipmakers, so I don't think the government will drag its feet," said Henry Wang (
TSMC spokesman Tzeng Jinnhaw (
"It's just a matter of time," he said.
Chipmakers are already aware of a number of hurdles they will have to pass before applying to invest in China, including the construction of a state-of-the-art 12-inch semiconductor wafer fabrication plant in Taiwan. Tzeng said it would still take some time for TSMC to complete this step.
NO VIRUS BLUES: A SEMI Taiwan official said that the virus does not slow down the global semiconductor industry’s investment in manufacturing equipment The production value of the nation’s semiconductor industry is expected to grow 16.7 percent this year from last year, outpacing the global industry’s 3.3 percent growth, industry association SEMI said yesterday. That would help Taiwan safeguard its second spot in the global semiconductor market with a production value of more than NT$3 trillion (US$102.73 billion), SEMI Taiwan president Terry Tsao (曹世綸) told a media briefing in Taipei for the Semicon Taiwan trade show beginning today. The global semiconductor industry’s production value is expected to increase to US$426 billion this year, SEMI said. In terms of semiconductor equipment investment, equipment billings from Taiwanese firms
Intel Corp has received licenses from US authorities to continue supplying certain products to Huawei Technologies Co (華為), a company spokesman said yesterday. Washington has been pushing governments around to world to squeeze out Huawei, saying that the telecom giant would hand data to Beijing for espionage. From Monday last week, new curbs have barred US companies from supplying or servicing Huawei. This week, the state-backed China Securities Journal reported that Intel had received permission to supply Huawei. China’s Semiconductor Manufacturing International Corp (SMIC, 中芯國際), which uses US-origin equipment to make chips for Huawei and other companies, last week confirmed that it had sought
Swancor Renewable Energy Co (上緯新能源) yesterday announced plans for a 4.4 gigawatt (GW) offshore wind project off Miaoli County as part of its commitment toward Taiwan’s energy transformation, the company said in a statement. The “Formosa 4” project includes three deep-water wind farms 18km to 20km off the coast, Swancor Renewable CEO Lucas Lin (林雍堯) said, adding that planning for the project began last year. A proposal for Formosa 4 was this week submitted to the Environmental Protection Agency (EPA), the company said. Swancor Renewable jointly developed the Formosa 1 project, a 128 megawatt (MW) wind farm about 4km off Miaoli and the
INVEST IN TAIWAN: A metal components casting firm and the world’s largest maker of aluminum bicycle rims also obtained approvals to join the program Solar Applied Materials Technology Co (SOLAR, 光洋應用材料), a part of Taiwan Semiconductor Manufacturing Co’s (TSMC, 台積電) “green supply chain,” has pledged to invest NT$1 billion (US$34.1 million) to build a new plant at the Tainan Technology Industrial Park (台南科技工業區), the Ministry of Economic Affairs said yesterday. SOLAR has been collaborating with TSMC to extract precious metals from waste and reuse them as “sputtering target” material in high-end semiconductor manufacturing, a TSMC press release issued in May said. Established in 1978, SOLAR also offers key materials and integrated services to customers in the optoelectronics, information and communications technology, petrochemicals and consumer electronics industries,