Vice President Vincent Siew (蕭萬長) yesterday lauded Super Micro Computer Inc, a Taiwanese-founded US-based server system manufacturer, for boosting the development of cloud computing in the country by setting up a high-tech park in northern Taiwan.
The establishment of the park is of great significance for the local server industry, Siew said at the inauguration of the park in Taoyuan County.
The park will be an important base for developing high-end server equipment and cloud computing for Taiwan, the rest of the Asia-Pacific region and beyond, said Siew, who was accompanied at the inauguration by Super Micro Computer president Charles Liang (梁見後) and Taoyuan County Commissioner John Wu (吳志揚).
Photo: CNA
The 5.7-hectare park, construction of which started in February last year, will further the development of cloud computing by encouraging other players to enter the field, Wu said.
It would create a cluster effect and spur growth in other Taoyuan-based high-tech firms, such as the world No. 4 smartphone brand HTC Corp (宏達電), the world’s largest contract notebook manufacturer Quanta Computer Inc (廣達) and IC chipmaker Inotera Memories Inc (華亞科技), Wu said.
After an initial investment of NT$3 billion (US$99 million) to develop the park into an Asian operations hub, the company is set to pump another NT$9 billion into the park over the next five years, county officials said.
The move is expected to create 3,000 jobs and generate NT$60 billion in output over the five-year period, Wu added.
Super Micro Computer is the first Taiwanese-founded company to invest in the country at the invitation of the government after achieving success overseas, county officials said.
Liang said that the company was committed to developing stronger and more energy-efficient technologies, and he thanked the government for its assistance and support.
Taiwan’s foreign exchange reserves fell below the US$600 billion mark at the end of last month, with the central bank reporting a total of US$596.89 billion — a decline of US$8.6 billion from February — ending a three-month streak of increases. The central bank attributed the drop to a combination of factors such as outflows by foreign institutional investors, currency fluctuations and its own market interventions. “The large-scale outflows disrupted the balance of supply and demand in the foreign exchange market, prompting the central bank to intervene repeatedly by selling US dollars to stabilize the local currency,” Department of Foreign
Intel Corp is joining Elon Musk’s long-shot effort to develop semiconductors for Tesla Inc, Space Exploration Technologies Corp and xAI, marking a surprising twist in the chipmaker’s comeback bid. Intel would help the Terafab project “refactor” the technology in a chip factory, the company said on Tuesday in a post on X, Musk’s social media platform. That is a stage in the development process that typically helps make chips more powerful or reliable. The chipmaker’s shares jumped 4.2 percent to US$52.91 in New York trading on Tuesday. The Terafab project is a grand plan by Musk to eventually manufacture his own chips for
Taiwan Power Co (Taipower, 台電) yesterday said it plans to resume operations at two coal-fired power generators for three months to boost security of electricity supply as liquefied natural gas (LNG) supply risks are running high due to the Middle East conflict. The two coal-fired power generators are at Mailiao Power Plant in Yunlin County’s Mailiao Township (麥寮). The plant, operated by Formosa Plastics Group (台塑集團), supplied electricity to Taipower’s power grid until the end of last year. Taipower’s decision came about one month after Minister of Economic Affairs Kung Ming-hsin (龔明鑫) on March 10 said that the nation had no imminent
Some robotaxi passengers were left stranded in the middle of fast-moving traffic in a major Chinese city after their driverless vehicles stopped running, according to police and media reports on Wednesday. A preliminary investigation indicates more than 100 robotaxis came to a halt because of a “system malfunction,” police in the city of Wuhan said in a statement, without elaborating. No injuries were reported. One passenger told Chinese media that their robotaxi stopped after turning a corner. An instruction on a screen read: “Driving system malfunction. Staff are expected to arrive in 5 minutes.” After no one showed up, the passenger pushed