British Trade and Cultural Office (BTCO) Director David Campbell yesterday said more discussions between members of the EU may be necessary before trade enhancement measures (TEM) can be signed with Taiwan.
During a Q&A session after a briefing with local media, Campbell said he did not expect any early decision by the EU to pursue TEM with Taiwan.
He said it was possible the EU would want to reflect on “the likely impact on European companies of the ECFA [Economic Cooperation Framework Agreement]” first.
Campbell hosted the briefing in Taipei to update local media on the policy of the new UK coalition government.
Referring to reports on the potential benefits of TEM between Taiwan and the EU, Campbell said “the UK is looking closely at all of that.”
Whether or not Taiwan will be able to sign free-trade agreements with other nations after inking the ECFA with China at the end of June has been the subject of much heated debate in political and economic circles.
When asked to comment on the ECFA, Campbell said the Spokesperson of the High Representative of the Union for Foreign Affairs and Security Policy Catherine Ashton issued a statement after the signing welcoming developments across the Taiwan Strait.
“She concludes by saying that the EU believes expansion of cross-strait economic relations has potential to also benefit development of the EU, the UK fully subscribes to that,” Campbell said.
Campbell said the new UK coalition government’s policy toward Taiwan remained unchanged.
Quanta Computer Inc (廣達) chairman Barry Lam (林百里) is expected to share his views about the artificial intelligence (AI) industry’s prospects during his speech at the company’s 37th anniversary ceremony, as AI servers have become a new growth engine for the equipment manufacturing service provider. Lam’s speech is much anticipated, as Quanta has risen as one of the world’s major AI server suppliers. The company reported a 30 percent year-on-year growth in consolidated revenue to NT$1.41 trillion (US$43.35 billion) last year, thanks to fast-growing demand for servers, especially those with AI capabilities. The company told investors in November last year that
Taiwanese suppliers to Taiwan Semiconductor Manufacturing Co. (TSMC, 台積電) are expected to follow the contract chipmaker’s step to invest in the US, but their relocation may be seven to eight years away, Minister of Economic Affairs J.W. Kuo (郭智輝) said yesterday. When asked by opposition Chinese Nationalist Party (KMT) Legislator Niu Hsu-ting (牛煦庭) in the legislature about growing concerns that TSMC’s huge investments in the US will prompt its suppliers to follow suit, Kuo said based on the chipmaker’s current limited production volume, it is unlikely to lead its supply chain to go there for now. “Unless TSMC completes its planned six
Intel Corp has named Tasha Chuang (莊蓓瑜) to lead Intel Taiwan in a bid to reinforce relations between the company and its Taiwanese partners. The appointment of Chuang as general manager for Intel Taiwan takes effect on Thursday, the firm said in a statement yesterday. Chuang is to lead her team in Taiwan to pursue product development and sales growth in an effort to reinforce the company’s ties with its partners and clients, Intel said. Chuang was previously in charge of managing Intel’s ties with leading Taiwanese PC brand Asustek Computer Inc (華碩), which included helping Asustek strengthen its global businesses, the company
Power supply and electronic components maker Delta Electronics Inc (台達電) yesterday said second-quarter revenue is expected to surpass the first quarter, which rose 30 percent year-on-year to NT$118.92 billion (US$3.71 billion). Revenue this quarter is likely to grow, as US clients have front-loaded orders ahead of US President Donald Trump’s planned tariffs on Taiwanese goods, Delta chairman Ping Cheng (鄭平) said at an earnings conference in Taipei, referring to the 90-day pause in tariff implementation Trump announced on April 9. While situations in the third and fourth quarters remain unclear, “We will not halt our long-term deployments and do not plan to