Britain’s Prince Charles said yesterday that people living in rural areas had been left in the Internet’s “slow lane,” placing them at a “severe disadvantage” in the modern world.
The heir to the throne, who is outspoken on rural issues, warned that the online “broadband deserts” would turn into “ghost communities” if struggling businesses in the countryside could not get high-speed Internet access.
“Too many rural households are currently unable to access the Internet at satisfactory speeds,” the 60-year-old wrote in the Daily Telegraph newspaper.
“The handicap this places on those rural businesses, schools, doctors’ surgeries and local authorities, which inhabit these so-called ‘broadband deserts,’ is immense,” he said.
“And, even more worryingly, many of those who are being left in the Internet’s ‘slow lane’ are the very same people who look after the countryside on our behalf — Britain’s livestock farmers — and they are struggling as never before,” he said.
He said the number of dairy farms had declined by 50 percent in the past decade, and if people were to stay on the land, “they need all the help they can get.”
“Denying them broadband and effectively cutting them off from the Internet, will only be more likely to drive them off the hills and into the towns and cities,” he said.
The prince said it would be “disastrously short-sighted” if farming did not continue in rural areas.
“It would be vandalism on a grand scale, akin to tearing down our historic cathedrals,” he said.
He called for the public and private sector to come together to find a solution to the broadband gap.
“The church, the village school, the shops and pubs all depend on a local economy,” he said.
“Take all this away and we are left with ghost communities, populated by little more than second-home owners. Is that the countryside we want? Because unless we take action, that is where I am afraid we are heading,” he said.
Mercuries Life Insurance Co (三商美邦人壽) shares surged to a seven-month high this week after local media reported that E.Sun Financial Holding Co (玉山金控) had outbid CTBC Financial Holding Co (中信金控) in the financially strained insurer’s ongoing sale process. Shares of the mid-sized life insurer climbed 5.8 percent this week to NT$6.72, extending a nearly 18 percent rally over the past month, as investors bet on the likelihood of an impending takeover. The final round of bidding closed on Thursday, marking a critical step in the 32-year-old insurer’s search for a buyer after years of struggling to meet capital adequacy requirements. Local media reports
AI BOOST: Although Taiwan’s reliance on Chinese rare earth elements is limited, it could face indirect impacts from supply issues and price volatility, an economist said DBS Bank Ltd (星展銀行) has sharply raised its forecast for Taiwan’s economic growth this year to 5.6 percent, citing stronger-than-expected exports and investment linked to artificial intelligence (AI), as it said that the current momentum could peak soon. The acceleration of the global AI race has fueled a surge in Taiwan’s AI-related capital spending and exports of information and communications technology (ICT) products, which have been key drivers of growth this year. “We have revised our GDP forecast for Taiwan upward to 5.6 percent from 4 percent, an upgrade that mainly reflects stronger-than-expected AI-related exports and investment in the third
TECHNOLOGICAL RIVALRY: The artificial intelligence chip competition among multiple players would likely intensify over the next two years, a Quanta official said Quanta Computer Inc (廣達), which makes servers and laptops on a contract basis, yesterday said its shipments of artificial intelligence (AI) servers powered by Nvidia Corp’s GB300 chips have increased steadily since last month, should surpass those of the GB200 models this quarter. The production of GB300 servers has gone much more smoothly than that of the GB200, with shipments projected to increase sharply next month, Quanta executive vice president Mike Yang (楊麒令) said on the sidelines of a technology forum in Taipei. While orders for GB200 servers gradually decrease, the production transition between the two server models has been
ASE Technology Holding Co (日月光投控), the world’s largest integrated circuit (IC) packaging and testing supplier, yesterday announced a strategic collaboration with Analog Devices Inc (ADI), coupled with the signing of a binding memorandum of understanding. Under the agreement, ASE intends to purchase 100 percent shares of Analog Devices Sdn Bhd and acquire its manufacturing facility in Penang, Malaysia, a press release showed. The ADI Penang facility is located in the prime industrial hub of Bayan Lepas, with an area of over 680,000 square feet, it said. In addition, the two sides intend to enter into a long-term supply agreement for ASE to