The central bank yesterday said it would shuffle its top-ranking officials after the retirement of Deputy Governor Hsu Yi-hsiung (徐義雄).
The bank's clearing and settlement bureau chief, Yang Chin-lung (
Yang, 55, earned a master's degree from National Chengchi University and a doctorate in economics from Birmingham University in Britain. He joined the central bank in 1989.
Before taking the helm at the clearing and settlement bureau, Yang served as an economic research fellow, a manager at the foreign exchange bureau and the director of the central bank's representative office in London.
Yang has made significant contributions in establishing real-time lump sum settlement systems and improved the bills financing credit management system, the statement said.
Treasury bureau chief Yu Chin-tang (
Yan, 52, specializes in macroeconomic research, international financing and Taiwan-China economic ties. He joined the central bank in 1993.
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), the world’s biggest contract chipmaker, booked its first-ever profit from its Arizona subsidiary in the first half of this year, four years after operations began, a company financial statement showed. Wholly owned by TSMC, the Arizona unit contributed NT$4.52 billion (US$150.1 million) in net profit, compared with a loss of NT$4.34 billion a year earlier, the statement showed. The company attributed the turnaround to strong market demand and high factory utilization. The Arizona unit counts Apple Inc, Nvidia Corp and Advanced Micro Devices Inc among its major customers. The firm’s first fab in Arizona began high-volume production
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The Taiwan Automation Intelligence and Robot Show, which is to be held from Wednesday to Saturday at the Taipei Nangang Exhibition Center, would showcase the latest in artificial intelligence (AI)-driven robotics and automation technologies, the organizer said yesterday. The event would highlight applications in smart manufacturing, as well as information and communications technology, the Taiwan Automation Intelligence and Robotics Association said. More than 1,000 companies are to display innovations in semiconductors, electromechanics, industrial automation and intelligent manufacturing, it said in a news release. Visitors can explore automated guided vehicles, 3D machine vision systems and AI-powered applications at the show, along
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