Taiwan spent NT$331.4 billion (US$10 billion) on research and development last year, accounting for 2.62 percent of the country’s GDP for the year, a National Science Council official said yesterday.
Citing results from the council’s National Science and Technology Survey, council Deputy Minister Chen Cheng-hong (陳正宏) said the spending marked a continuous increase over the past five years.
Still, Taiwan’s spending on R&D fell behind its major competitor in the high-tech field — South Korea — whose R&D spending accounted for 3.23 percent of GDP last year.
The results also showed that the Taiwanese private sector’s investment in research and development increased every year since 2003. It accounted for more than 70 percent of the national level for last year, while government investment did not increase by much, Chen said.
Meanwhile, Taiwan had 6,128 patent applications approved in the US last year, dropping one notch to take fifth place in the world and trailing behind South Korea for the first time, Chen said, quoting the survey. Taiwan ranked fourth in 2006.
In terms of the Science Citation Index — an index of how often scientific papers from various countries are cited — Taiwan ranked 15th in the world, up two notches from a year earlier. Each research paper was cited an average 3.05 times, up from an average 2.92 times in 2006, Chen said.
Meanwhile, Taiwan ranked ninth in the number of research papers covered in the Engineering Index, up two notches from the previous year, Chen said.
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
On Tuesday, US President Donald Trump weighed in on a pressing national issue: The rebranding of a restaurant chain. Last week, Cracker Barrel, a Tennessee company whose nationwide locations lean heavily on a cozy, old-timey aesthetic — “rocking chairs on the porch, a warm fire in the hearth, peg games on the table” — announced it was updating its logo. Uncle Herschel, the man who once appeared next to the letters with a barrel, was gone. It sparked ire on the right, with Donald Trump Jr leading a charge against the rebranding: “WTF is wrong with Cracker Barrel?!” Later, Trump Sr weighed
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