Yunlin County Commissioner Su Chih-fen (蘇治芬) will lead a delegation to China today to promote the county’s agricultural products, Deputy Commissioner Lee Ying-yuan (李應元) announced at a news conference outside the county government building yesterday.
Lee said that Su, a member of the opposition Democratic Progressive Party, will lead a 50-member delegation to Beijing and Tianjin on a nine-day trip — the first-ever of its kind by the county.
INTEREST
The delegation hopes to drum up over NT$100 million (US$3 million) worth of business in the two Chinese cities. To date, some 135 Chinese trading companies have expressed an interest in discussing commercial opportunities, he said.
Optimistic over sales prospects for the county’s fruit in China, Lee said that he had high expectations for Mailiao (麥寮) harbor.
TRANSPORT HUB
He said the harbor could become a commercial port that would serve as a transport hub for the county’s agricultural exports, boosting local foreign trade development.
The county is a top agricultural and horticultural center, leading Taiwan in the production of 29 items, including rice, peanuts, vegetables, fruit, flowers, poultry and waterfowl.
DISTRIBUTION NETWORK
The county’s ultimate goal, Lee said, is to set up a comprehensive distribution network that would be established around the region’s reputation for high quality agricultural products.
The latest campaign follows previous promotion efforts in Japan and Macau.
Lu Cheng-chang (呂政璋), director of the county’s agricultural affairs bureau, said the group would also discuss exchange ventures to better market Yunlin County to Chinese.
ISSUES: Gogoro has been struggling with ballooning losses and was recently embroiled in alleged subsidy fraud, using Chinese-made components instead of locally made parts Gogoro Inc (睿能創意), the nation’s biggest electric scooter maker, yesterday said that its chairman and CEO Horace Luke (陸學森) has resigned amid chronic losses and probes into the company’s alleged involvement in subsidy fraud. The board of directors nominated Reuntex Group (潤泰集團) general counsel Tamon Tseng (曾夢達) as the company’s new chairman, Gogoro said in a statement. Ruentex is Gogoro’s biggest stakeholder. Gogoro Taiwan general manager Henry Chiang (姜家煒) is to serve as acting CEO during the interim period, the statement said. Luke’s departure came as a bombshell yesterday. As a company founder, he has played a key role in pushing for the
China has claimed a breakthrough in developing homegrown chipmaking equipment, an important step in overcoming US sanctions designed to thwart Beijing’s semiconductor goals. State-linked organizations are advised to use a new laser-based immersion lithography machine with a resolution of 65 nanometers or better, the Chinese Ministry of Industry and Information Technology (MIIT) said in an announcement this month. Although the note does not specify the supplier, the spec marks a significant step up from the previous most advanced indigenous equipment — developed by Shanghai Micro Electronics Equipment Group Co (SMEE, 上海微電子) — which stood at about 90 nanometers. MIIT’s claimed advances last
EUROPE ON HOLD: Among a flurry of announcements, Intel said it would postpone new factories in Germany and Poland, but remains committed to its US expansion Intel Corp chief executive officer Pat Gelsinger has landed Amazon.com Inc’s Amazon Web Services (AWS) as a customer for the company’s manufacturing business, potentially bringing work to new plants under construction in the US and boosting his efforts to turn around the embattled chipmaker. Intel and AWS are to coinvest in a custom semiconductor for artificial intelligence computing — what is known as a fabric chip — in a “multiyear, multibillion-dollar framework,” Intel said in a statement on Monday. The work would rely on Intel’s 18A process, an advanced chipmaking technology. Intel shares rose more than 8 percent in late trading after the
GLOBAL ECONOMY: Policymakers have a choice of a small 25 basis-point cut or a bold cut of 50 basis points, which would help the labor market, but might reignite inflation The US Federal Reserve is gearing up to announce its first interest rate cut in more than four years on Wednesday, with policymakers expected to debate how big a move to make less than two months before the US presidential election. Senior officials at the US central bank including Fed Chairman Jerome Powell have in recent weeks indicated that a rate cut is coming this month, as inflation eases toward the bank’s long-term target of two percent, and the labor market continues to cool. The Fed, which has a dual mandate from the US Congress to act independently to ensure