Taiwan's Hsinchu Science-based Industrial Park will expand by 29.2 hectares, thanks to land acquired from the Ministry of National Defense, officials said yesterday.
The new space at the crowded, 605-hectare industrial park will make room for two additional 12-inch chip fabs and an IC design center.
DRAM makers Macronix International Co (
PHOTO: AFP
The land, formerly the Du-hsing military base (
At a ceremony yesterday, President Chen Shui-bian (
New facilities on the land are expected to be completed by 2005.
The president said a partnership between the public and private sector made the project possible. Chen also praised the defense ministry, which agreed to relocate the army base to make room for the high-tech firms.
Because of rapid growth and high concentration of tech companies, the Hsinchu Science-based Industrial Park is known as Taiwan's Silicon Valley.
The park is home to 312 technology firms, including the nation's two biggest chipmakers, Taiwan Semiconductor Manufacturing Co (
But a shortage of space at the park has forced companies to look to places such as Singapore to set up new chip fabs.
After an environmental impact assessment was completed and the 29.2 hectares rezoned for industrial use, the project was able to move ahead yesterday.
Officials say a sewage treatment plant will also be built on the property to treat waste water generated from the firms.
Yesterday's ground-breaking ceremony was hosted by Wei Che-ho (
"We hope to complete construction by the end of 2005," Wei said.
Hsinchu County Commissioner Cheng Yung-chin (
Earlier this month, officials from the National Science Council said that a fault line running through the property shouldn't be a problem. Under the property's environmental impact assessment, buildings will be required to be 50m from each other.
Tougher building codes have also been adopted.
According to geologists from National Taiwan University, who inspected the fault line, the area has been inactive for roughly more 30,000 years, although that doesn't preclude the possibility of future seismic activity.
The domestic unit of the Chinese-owned, Dutch-headquartered chipmaker Nexperia BV will soon be able to produce semiconductors locally within China, according to two company sources. Nexperia is at the center of a global tug-of-war over critical semiconductor technology, with a Dutch court in February ordering a probe into alleged mismanagement at the company. The geopolitical tussle has disrupted supply chains, with some carmakers reportedly forced to cut production due to chip shortages. Local production would allow Nexperia’s domestic arm, Nexperia Semiconductors (China) Ltd (安世半導體中國), to bypass restrictions in place since October on the supply of silicon wafers — etched with tiny components to
Singapore-based ride-hailing and delivery giant Grab Holdings Ltd has applied for regulatory approval to acquire the Taiwan operations of Germany-based Delivery Hero SE's Foodpanda in a deal valued at about US$600 million. Grab submitted the filing to the Fair Trade Commission on Friday last week, with the transaction subject to regulatory review and approval, the company said in a statement yesterday. Its independent governance structure would help foster a healthy and competitive market in Taiwan if the deal is approved, Grab said. Grab, which is listed on the NASDAQ, said in the filing that US-based Uber Technologies Inc holds about 13 percent of
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday received government approval to deploy its advanced 3-nanometer (3nm) process at its second fab currently under construction in Japan, the Ministry of Economic Affairs said in a news release. The ministry green-lit the plan for the facility in Kumamoto, which is scheduled to start installing equipment and come online in 2028 with a monthly production capacity of 15,000 12-inch wafers, the ministry said. The Department of Investment Review in June 2024 authorized a US$5.26 billion investment for the facility, slated to manufacture 6- to 12nm chips, significantly less advanced than 3nm process. At a meeting with
Taiwan’s food delivery market could undergo a major shift if Singapore-based Grab Holdings Ltd completes its planned acquisition of Delivery Hero SE’s Foodpanda business in Taiwan, industry experts said. Grab on Monday last week announced it would acquire Foodpanda’s Taiwan operations for US$600 million. The deal is expected to be finalized in the second half of this year, with Grab aiming to complete user migration to its platform by the first half of next year. A duopoly between Uber Eats and Foodpanda dominates Taiwan’s delivery market, a structure that has remained intact since the Fair Trade Commission (FTC) blocked Uber Technologies Inc’s