Taiwan is preparing to place bids for contracts to build solar power plants in various countries around the world, the Ministry of Economics Affairs announced yesterday.
The ministry would ask state-run Taiwan Power Co (Taipower, 台電) to assist local solar-cell makers to bid for solar plant projects in the Middle East, Eastern Europe, Southeast Asia and the US, a ministry official said.
So far, the plan has attracted interest from local solar-cell makers such as Motech Industries Inc (茂迪), Gintech Energy Corp (昱晶) and Sino-American Silicon Products Inc (中美晶).
The profit margins of Taiwan’s solar-cell manufacturers have long suffered from massive production and low pricing strategies on the part of their Chinese rivals, the official said, adding that the bidding plan was designed to help local manufacturers.
Vice Minister of Economic Affairs Hwang Jung-chiou (黃重球) said the expansion into the international market would be a solution to the country’s oversupply of solar cells.
The ministry would also ask Taiwan’s overseas offices to assist with the bidding process in foreign markets, he said.
Local solar-cell makers’ lack of experience in running power plants could be compensated for by cooperating with foreign power generators, which could be achieved with the assistance of Taipower, Hwang said.
China has claimed a breakthrough in developing homegrown chipmaking equipment, an important step in overcoming US sanctions designed to thwart Beijing’s semiconductor goals. State-linked organizations are advised to use a new laser-based immersion lithography machine with a resolution of 65 nanometers or better, the Chinese Ministry of Industry and Information Technology (MIIT) said in an announcement this month. Although the note does not specify the supplier, the spec marks a significant step up from the previous most advanced indigenous equipment — developed by Shanghai Micro Electronics Equipment Group Co (SMEE, 上海微電子) — which stood at about 90 nanometers. MIIT’s claimed advances last
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) has appointed Rose Castanares, executive vice president of TSMC Arizona, as president of the subsidiary, which is responsible for carrying out massive investments by the Taiwanese tech giant in the US state, the company said in a statement yesterday. Castanares will succeed Brian Harrison as president of the Arizona subsidiary on Oct. 1 after the incumbent president steps down from the position with a transfer to the Arizona CEO office to serve as an advisor to TSMC Arizona’s chairman, the statement said. According to TSMC, Harrison is scheduled to retire on Dec. 31. Castanares joined TSMC in
EUROPE ON HOLD: Among a flurry of announcements, Intel said it would postpone new factories in Germany and Poland, but remains committed to its US expansion Intel Corp chief executive officer Pat Gelsinger has landed Amazon.com Inc’s Amazon Web Services (AWS) as a customer for the company’s manufacturing business, potentially bringing work to new plants under construction in the US and boosting his efforts to turn around the embattled chipmaker. Intel and AWS are to coinvest in a custom semiconductor for artificial intelligence computing — what is known as a fabric chip — in a “multiyear, multibillion-dollar framework,” Intel said in a statement on Monday. The work would rely on Intel’s 18A process, an advanced chipmaking technology. Intel shares rose more than 8 percent in late trading after the
FACTORY SHIFT: While Taiwan produces most of the world’s AI servers, firms are under pressure to move manufacturing amid geopolitical tensions Lenovo Group Ltd (聯想) started building artificial intelligence (AI) servers in India’s south, the latest boon for the rapidly growing country’s push to become a high-tech powerhouse. The company yesterday said it has started making the large, powerful computers in Pondicherry, southeastern India, moving beyond products such as laptops and smartphones. The Chinese company would also build out its facilities in the Bangalore region, including a research lab with a focus on AI. Lenovo’s plans mark another win for Indian Prime Minister Narendra Modi, who tries to attract more technology investment into the country. While India’s tense relationship with China has suffered setbacks