A delegation led by Ministry of Economic Affairs (MOEA) officials left for the US yesterday to seek cooperation with US companies and possibly business opportunities in the photovoltaic industry and electric car sector.
“The aim of the visit is to promote Taiwan’s photovoltaic and electric motor industries,” ministry Vice Minister Hwang Jung-chiou (黃重球) said on Saturday.
Against the backdrop of US President Barack Obama’s promotion of the green energy industry and Taiwan’s development in photovoltaic and electric motor industries, the delegation will visit the US Department of Energy (DOE) to seek opportunities for cooperation, Hwang said.
HIATUS
This will be the first time in many years that a high-level visit by ministry officials heads for the US.
The delegation is composed of ministry officials and representatives from Taiwan’s leading lithium-ion battery manufacturers — E-One Moli Energy Corp (能元科技), Amita Technologies Inc (有量科技) and Simplo Technology Co (新普科技) — electric motor engine manufacturer Fukuta Electric and Machinery Co (富田電機) and others.
The delegates will be in New York today to attend the annual meeting of the Republic of China-United States of America Business Council and visit the US automobile industry center in Detroit.
While there, ministry officials are scheduled to discuss collaboration on electrical vechiles with Chrysler and General Motors.
The delegation is scheduled to arrive in Washington on Wednesday.
GOING ELECTRIC
The ministry said electric vehicles are one of the future industries under the global trend of reducing carbon dioxide emissions and conserving energy.
By working with US automobile giants, Taiwan’s electric automobile components manufacturers — which have already tapped into the supply chain for international automobile brands such as BMW — will be able to expand their share in the international market.
“The US automobile industry has a strong foundation in research and development and design, while Taiwan’s electric motor industry has high production efficiency and a comprehensive supply system for lithium-ion batteries.
The two can therefore cooperate to create bigger benefits, the ministry said.
INFRINGEMENT: The investigation comes after a complaint from Vicor Corp, with the company seeking a limited exclusion order as well as cease-and-desist orders, the ITA said The US International Trade Commission (USITC) has launched a Section 337 investigation naming Taiwanese technology companies, including Hon Hai Precision Industry Co (鴻海), Delta Electronics Inc (台達電) and Quanta Computer Inc (廣達), as respondents. The Ministry of Economic Affairs (MOEA) pledged assistance if needed. The USITC said on Friday in a statement that it had voted to institute an investigation under Section 337 of the US Tariff Act of 1930 into certain vertical power delivery systems, related components and computing devices incorporating such systems. The investigation covers 20 companies from Taiwan, China, Germany and the US, the commission said, adding that it
INDUSTRY STANDARD: Most global semiconductor companies have tied employee bonuses directly to corporate profits, the union said, urging Micron to do the same Micron Memory Taiwan Co’s (台灣美光) Taoyuan union secured strike authorization yesterday after a six-day vote, ramping up pressure on management to build a reasonable profit-sharing mechanism. Before the strike, the Taoyuan union “encourages” members to join a protest in Taipei on Oct. 19, union chairman Jerry Lin (林哲瑞) told a news conference in Taipei. The union did not rule out staging a snap strike, Lin said. The union has 2,258 registered members, with 88.3 percent backing the strike, he said. The vote comes as Micron’s board of directors is meeting today and tomorrow in the US. The union expects the board to respond
Elon Musk said his business empire would build and operate Terafab independently, quashing speculation about industry leader Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) swooping in to run his ambitious chipmaking venture. Based in Texas, the Terafab project is Musk’s effort to break into the business of fabricating chips, in service of his companies Tesla Inc and SpaceXAI. While Musk had said that he was in discussions with TSMC, the trillionaire clarified in an X post yesterday that the only matter under consideration is for TSMC potentially leasing some part of the planned site and would not involve any operational role. “Maybe TSMC
PACKAGING PUSH: The chipmaker said that it would begin ramping up silicon interposer production in New York in the first half of 2028 to support AI systems GlobalFoundries Inc shares gained as much as 7 percent after the chip manufacturer announced a five-year, US$2 billion deal to provide US production capacity to Taiwan Semiconductor Manufacturing Co (TSMC, 台積電). Under the agreement, announced on Thursday, GlobalFoundries is to help supply components known as silicon interposers. The US company is to rely on manufacturing at its facility in Malta, New York, and said it has the option to expand capacity “as customer demand grows.” An interposer is a small layer of silicon that sits between a chip and its packaging. It is home to the wires that carry electronic signals and
RSS