Council of Agriculture Chairman Lee Chin-lung (李金龍) said yesterday he takes pride in seeing Taiwan-grown rice make successful inroads into Japan.
Lee made the remarks while presiding over a ceremony at Kaohsiung Harbor in southern Taiwan, marking the delivery of 90 tonnes of "Fuli" rice (富麗米) grown in the eastern county of Hualien to Japan.
Noting that Japan has imposed extremely stringent standards in rice quality examination, Lee said the export of Fuli rice to Japan is a source of pride for Taiwan, as the nation has been successful in meeting those standards.
It was the second shipment of Fuli rice to Japan, following an initial shipment of 18 tonnes in October of this year. With the October shipment receiving an enthusiastic response from Japanese consumers, Lee said, Japanese importers placed an additional order for 90 tonnes of Fuli rice.
Lee said the export volume is expected to reach 300 tonnes next year.
Taiwan last exported rice to Japan in 1971. The resumption of rice exports to Japan indicates that the quality of locally grown rice has received foreign recognition and that the government's response measures to cope with the impact of Taiwan's entry into the World Trade Organization have been appropriate, Lee said.
The Fuli rice was grown in the unpolluted upper stretch of the Hsiukuluan Creek in Hualien using organic farming methods, Lee said.
He also added that the organic rice has "a wonderful taste and texture."
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) secured a record 70.2 percent share of the global foundry business in the second quarter, up from 67.6 percent the previous quarter, and continued widening its lead over second-placed Samsung Electronics Co, TrendForce Corp (集邦科技) said on Monday. TSMC posted US$30.24 billion in sales in the April-to-June period, up 18.5 percent from the previous quarter, driven by major smartphone customers entering their ramp-up cycle and robust demand for artificial intelligence chips, laptops and PCs, which boosted wafer shipments and average selling prices, TrendForce said in a report. Samsung’s sales also grew in the second quarter, up
LIMITED IMPACT: Investor confidence was likely sustained by its relatively small exposure to the Chinese market, as only less advanced chips are made in Nanjing Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) saw its stock price close steady yesterday in a sign that the loss of the validated end user (VEU) status for its Nanjing, China, fab should have a mild impact on the world’s biggest contract chipmaker financially and technologically. Media reports about the waiver loss sent TSMC down 1.29 percent during the early trading session yesterday, but the stock soon regained strength and ended at NT$1,160, unchanged from Tuesday. Investors’ confidence in TSMC was likely built on its relatively small exposure to the Chinese market, as Chinese customers contributed about 9 percent to TSMC’s revenue last
LOOPHOLES: The move is to end a break that was aiding foreign producers without any similar benefit for US manufacturers, the US Department of Commerce said US President Donald Trump’s administration would make it harder for Samsung Electronics Co and SK Hynix Inc to ship critical equipment to their chipmaking operations in China, dealing a potential blow to the companies’ production in the world’s largest semiconductor market. The US Department of Commerce in a notice published on Friday said that it was revoking waivers for Samsung and SK Hynix to use US technologies in their Chinese operations. The companies had been operating in China under regulations that allow them to import chipmaking equipment without applying for a new license each time. The move would revise what is known
UNCERTAINTY: A final ruling against the president’s tariffs would upend his trade deals and force the government to content with billions of dollars in refunds The legal fight over US President Donald Trump’s global tariffs is deepening after a federal appeals court ruled the levies were issued illegally under an emergency law, extending the chaos in global trade. A 7-4 decision by a panel of judges on Friday was a major setback for Trump, even as it gives both sides something to boast about. The majority upheld a May ruling by the Court of International Trade that the tariffs were illegal. However, the judges left the levies intact while the case proceeds, as Trump had requested, and suggested that any injunction could potentially be narrowed to apply
RSS