Leading flat panel and wafer makers said they would make use of recycled water to cope with water rationing that is expected to be imposed in several areas on May 20.
Under the second-stage of water rationing announced by Minister of Economic Affairs Shih Yen-shiang (施顏祥) on Wednesday, the supply of water to industrial users will be cut by 5 percent and fountains and other non-essential users will have their supplies cut off.
AU Optronics Corp (AUO, 友達光電) and Chimei Innolux Corp (奇美電子), the nation’s two largest flat-panel makers, said on Friday that they expected to cope by using recycled wastewater, but they would not provide details of what else they would do.
They said they already recycle an average of 85 percent of the wastewater they generate, and Chimei Innolux said the recycling rate was as high as 91 percent at some of its factories.
AUO said its Water Inter-use System, a water saving system connecting different pieces of equipment, enables it to save 335,000 tonnes of water a year, enough to fill 160 standard swimming pools.
A system that allows AUO to catch rainwater off the roof of one of its factories helps it save more than 25,000 tonnes of water per year, enough to fill 11 standard swimming pools.
Meanwhile, the nation’s two largest wafer foundries, United Microelectronics Corp (UMC, 聯電) and Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), said they would not rule out the possibility of purchasing water in case of water shortages.
While buying water would raise costs, the overall impact would be limited, UMC said. It said it has gone through water rationing many times in the past and had a standard operating procedure that it would follow this time as well.
TSMC said it began saving water at the beginning of last month in anticipation of water shortages and has already reduced usage by 3 percent. It said its 85 percent -water-recycling rate would also help it meet production needs.
Second-phase water rationing measures will be introduced in cities and counties such as Taoyuan, Hsinchu, Miaoli, Greater Taichung and Changhua.
First-phase water rationing was implemented in Hsinchu on March 18, and in Taoyuan, Miaoli and Changhua counties, Greater Taichung, and Banciao (板橋) and Sinjhuang (新莊) districts in New Taipei City (新北市) last month.
Polytronics Technology Corp (聚鼎科技) yesterday announced that it is buying Henkel AG’s thermal clad dielectric material (TCLAD) business division for US$26 million as the Taiwanese firm aims to improve its technology, product portfolio and revenue performance. Polytronics, headquartered in the Hsinchu Science Park (新竹科學園區), is a supplier of protection components and heat dissipation materials. The firm entered the metallic heat-dissipation substrate market in 2007 and developed a unique solventless production process. Its board of directors approved signing an agreement with Henkel to acquire the German chemical firm’s TCLAD division in the US. The purchase includes all assets and business interests, including equipment,
SIZE MATTERS: Medium-sized hotels that do not have the support of parent groups are more vulnerable and are forced to take action, a REPro Knight Frank researcher said About 50 hotels across Taiwan are seeking to exit the market as they succumb to the bleak business outlook amid international travel restrictions imposed to combat the COVID-19 pandemic. Yomi Hotel (優美飯店) on Minsheng E Road, Sec 1, in Taipei is seeking to transfer ownership with an asking price of NT$950 million (US$32.15 million) and a pledge for a lease contract that guarantees a 3 percent return. The budget hotel, with room rates that start from NT$1,400 per night, maintains normal operations, but has been struggling since March, when the government placed restrictions on inbound and outbound travel. Occupancy rates for hotels in
With the US dollar expected to weaken in the next 12 months due to near-zero interest rates, investors should consider purchasing US corporate bonds, Standard Chartered Bank Taiwan Ltd (渣打台灣銀行) said on Thursday. The bank said that the US Federal Reserve since last month has been buying bonds issued by US companies to curb default rates. The US dollar is forecast to be weaker against the pound, the euro and the yen, as well as the Canadian dollar, the Swedish krona and the Swiss franc, as the greenback lacks high investment returns after the Fed in March slashed the benchmark interest rate
A Bollywood actor’s face tattooed on his arm, Sandeep Bacche’s devotion shocks few in India where stars enjoy semi-divine status, but even there the hallowed silver screen might be losing its shine to streaming services and pandemic fears. “Whenever things get better and theaters begin operations, I will watch three movies a day for sure just as a way to celebrate,” said the Mumbai rickshaw driver, who is recovering from the virus himself. However, others might not join the party. With cinemas shut for months due to a COVID-19 lockdown, and little prospect they will reopen soon, frustrated Bollywood producers have turned to