Shung Yeou-kuang (刑有光), the newly appointed chairman of the state-run Aerospace Industrial Development Corp (AIDC, 漢翔航空工業), said yesterday that he would strive to facilitate corporate-style management at the AIDC and promote cross-strait aviation cooperation once he takes office.
To comply with the Ministry of Economic Affairs’ efforts to promote cross-strait exchanges and cooperation in various industries, including the aviation industry, Shung said the assembly of civil aircraft and parts production management were two areas worth considering.
Shung said that while the civil aviation market in Taiwan was already rather small as a result of the size of the nation, the market has nearly been destroyed after the launch of the Taiwan High Speed Rail Corp (台灣高鐵).
“That is not to say there is no room for the development of Taiwan’s aviation industry. I think perhaps Taiwan can learn from Israel’s example and focus on manufacturing unique and advantageous products,” Shung said.
Hwang Jung-chiou (黃重球), executive director at the ministry’s State-owned Enterprise Commission, said he hoped that the AIDC, as a leading player in the domestic aviation industry, could follow China Steel Corp’s (中鋼) example and help its upstream, midstream and downstream industries grow.
Hwang said AIDC needed a clear market position and would have to determine what role it wanted to play in the aviation, auto electronics and wind energy markets.
Shung, 63, succeeded Feng Shih-kuan (馮世寬) as AIDC chairman. He has a PhD in aeronautical engineering from Colorado State University.
He has held various positions in the aircraft engineering and manufacturing industries, including director-general of the systems development department at AIDC, vice-president of Air Asia Co (亞洲航空) and senior consultant at Sino Swearingen Aircraft Corp (SSAC, 華揚史威靈). Prior to rejoining AIDC, Shung served as president of Taiwan Styrene Monomer Corp (台苯).
Among the rows of vibrators, rubber torsos and leather harnesses at a Chinese sex toys exhibition in Shanghai this weekend, the beginnings of an artificial intelligence (AI)-driven shift in the industry quietly pulsed. China manufactures about 70 percent of the world’s sex toys, most of it the “hardware” on display at the fair — whether that be technicolor tentacled dildos or hyper-realistic personalized silicone dolls. Yet smart toys have been rising in popularity for some time. Many major European and US brands already offer tech-enhanced products that can enable long-distance love, monitor well-being and even bring people one step closer to
Malaysia’s leader yesterday announced plans to build a massive semiconductor design park, aiming to boost the Southeast Asian nation’s role in the global chip industry. A prominent player in the semiconductor industry for decades, Malaysia accounts for an estimated 13 percent of global back-end manufacturing, according to German tech giant Bosch. Now it wants to go beyond production and emerge as a chip design powerhouse too, Malaysian Prime Minister Anwar Ibrahim said. “I am pleased to announce the largest IC (integrated circuit) Design Park in Southeast Asia, that will house world-class anchor tenants and collaborate with global companies such as Arm [Holdings PLC],”
Sales in the retail, and food and beverage sectors last month continued to rise, increasing 0.7 percent and 13.6 percent respectively from a year earlier, setting record highs for the month of March, the Ministry of Economic Affairs said yesterday. Sales in the wholesale sector also grew last month by 4.6 annually, mainly due to the business opportunities for emerging applications related to artificial intelligence (AI) and high-performance computing technologies, the ministry said in a report. The ministry forecast that retail, and food and beverage sales this month would retain their growth momentum as the former would benefit from Tomb Sweeping Day
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