The Industrial Technology Research Institute (ITRI, 工研院) yesterday signed a NT$100 million (US$3.28 million) technology licensing agreement with Taiwan Mitsui Chemicals Inc (亞太三井化學) to produce safer lithium-ion batteries.
Taiwan Mitsui Chemicals Inc is a fully owned subsidiary of chemicals producer Mitsui Chemicals Inc.
Japan-based Mitsui Chemicals plans to build a production site in Taiwan by the end of 2016 to manufacture materials for lithium-ion batteries using the institute’s self-terminated oligomers with hyper-branched architecture (STOBA) technology to prevent explosions, Mitsui Chemicals managing executive officer Shigeru Isayama told a news conference.
Photo: Hung Yu-fang, Taipei Times
“We will establish close relationships with Taiwanese companies related to lithium-ion batteries,” he said.
Isayama said the company is further studying the market for lithium-ion batteries worldwide, and may build more production sites in other countries if needed.
Mitsui Chemicals expects STOBA batteries to account for 10 percent of total shipments of lithium-ion batteries around the world by 2020, said Akio Hirahara, general manager of the company’s new market development division.
Citing Fuji Keizai, a Japan-based information provider, Mitsui Chemicals said the market for lithium-ion batteries would increase to 80 gigawatt hours in 2020 from an estimated 40 gigawatt hours this year.
Mitsui Chemicals said it plans to use the new technology to make materials for batteries used in cellphones, personal computers and cars.
“Compared with local chemical companies, Mitsui Chemicals has stronger ties with car makers, which can help promote STOBA technology in the car industry,” said Pan Jing-pin (潘金平), a division director at the institute.
Pan said Mitsui Chemicals’ electrolytic solution is used in batteries for Boeing 787 and electric vehicles developed by Nissan Motor Co.
Mitsui Chemicals is also the largest producer of polypropylene compounds around the world, with Toyota Motor Corp and Honda Motor Co its two major clients, the company said.
STOBA materials can form films in lithium-ion batteries to stop the chemical reaction and terminate the batteries safely when the batteries’ internal temperature rise to abnormal levels, the institute said, adding that STOBA batteries last twice as long as than other lithium-ion batteries.
The technology won the R&D 100 Awards in Energy Devices in 2009, the institute said, adding that STOBA batteries manufactured by Amita Technologies Inc (有量科技) are now used in China Motor Corp’s (中華汽車) E-moving 100 electric scooters.
In addition to Amita Technologies, the institute licensed the technology for manufacturing STOBA batteries to three other Taiwanese lithium battery makers — E-One Moli Energy Corp (能元科技), Lion Tech Co (精極科技) and Synergy ScienTech Corp (興能高科技) — last year, it said.
‘BIG LOSS’: This year might see the last generation of Huawei’s Kirin chips, as their production would stop next month because they are made using US technology Chinese tech giant Huawei Technologies Co (華為) is running out of processor chips to make smartphones due to US sanctions and would be forced to stop production of its own most advanced chips, a company executive has said, in a sign of growing damage to Huawei’s business from US pressure. Huawei, one of the biggest producers of smartphones and network equipment, is at the center of US-Chinese tension over technology and security. Washington last year cut off Huawei’s access to US components and technology, and those penalties were tightened in May, when the White House barred vendors worldwide from using US
’WHITE BOX’: The open platform would give local firms access to Cisco’s cloud-based mobile network to develop 5G telecom equipment and tap into the global market The Ministry of Economic Affairs (MOEA) yesterday introduced a new 5G “open lab” in collaboration with US-based information technology and networking giant Cisco Systems Inc to address the rapidly growing “white box” 5G networking equipment market. The open lab will be a platform where Taiwanese manufacturers can access Cisco’s cloud-based mobile network to develop their own 5G telecom equipment, such as small-cell base stations, network switches, modems and Internet of things (IoT) devices, a ministry statement said. The open platform would allow Taiwanese manufacturers to tap into the lucrative 5G telecom equipment market, which was previously monopolized by Nokia Oyj, Ericsson AB
CORPORATE SCANDAL: Cathay Life has invested NT$13.3 billion in Bank Mayapada since 2015, but the latest loss of NT$8.8 billion has completely written off its investment Cathay Life Insurance Co (國泰人壽) yesterday said it would recognize an investment loss of NT$8.8 billion (US$298.1 million) in Indonesia’s Bank Mayapada Internasional Tbk PT due to concerns about the lender’s operations amid a corporate scandal. The company said it would revise its earnings result for June, from a net profit of NT$6.52 billion to a net loss of NT$520 million, its first monthly loss over the past 17 months. After booking an investment loss of NT$5.2 billion in Bank Mayapada earlier this year, Cathay Life has so far recognized total investment losses of NT$14 billion in the lender, executive vice president
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday reported that revenue last month expanded 25 percent annually, but fell 12.8 percent month-on-month to NT$105.96 billion (US$3.59 billion). In the first seven months of this year, the chipmaker’s revenue surged 33.6 percent to NT$727.26 billion, compared with NT$544.46 billion a year earlier. TSMC has said it aims to grow its revenue by more than 20 percent this year. The company has since May 15 stopped taking new orders from Huawei Technologies Co (華為), its second-biggest customer after Apple Inc, due to the US’ restrictions on exports containing US technologies. TSMC has no plans to