The nation’s manufacturing sector reduced its costs by about NT$8.55 billion (US$268.86 million) per year between 2009 and last year by adopting energy efficiency measures, the Ministry of Economic Affairs (MOEA) said yesterday.
More than 2,800 factories received help from the ministry to become more energy-efficient during that period, saving a total of 533 kiloliters in oil equivalent and 1.27 billion kilowatt-hours each year, the ministry said.
Energy consumption reductions helped the firms cut costs by NT$8.55 billion a year and reduce carbon emissions by 1.64 million tonnes annually, the ministry said.
The Industrial Development Bureau provided wide-ranging assistance over seven years to more than 2,800 firms, helping them to upgrade production equipment, streamline production processes, learn how to improve their waste energy recycling and source alternative fuels, the ministry said.
The bureau came up with about 9,500 solutions during that time to help manufacturers not only cut costs by becoming more energy efficient, but also lower carbon emissions, the ministry said.
For example, a bicycle frame manufacturer reduced its electricity consumption by adopting the use of digital-power meters and a computerized monitoring system, the ministry said.
The company also replaced its production equipment with more energy efficient machinery, all of which have resulted in a savings of NT$6.5 million per year in electricity costs and a 605 tonne reduction in carbon emissions annually, on average, the ministry 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
ISSUES: Gogoro has been struggling with ballooning losses and was recently embroiled in alleged subsidy fraud, using Chinese-made components instead of locally made parts Gogoro Inc (睿能創意), the nation’s biggest electric scooter maker, yesterday said that its chairman and CEO Horace Luke (陸學森) has resigned amid chronic losses and probes into the company’s alleged involvement in subsidy fraud. The board of directors nominated Reuntex Group (潤泰集團) general counsel Tamon Tseng (曾夢達) as the company’s new chairman, Gogoro said in a statement. Ruentex is Gogoro’s biggest stakeholder. Gogoro Taiwan general manager Henry Chiang (姜家煒) is to serve as acting CEO during the interim period, the statement said. Luke’s departure came as a bombshell yesterday. As a company founder, he has played a key role in pushing for the
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
GLOBAL ECONOMY: Policymakers have a choice of a small 25 basis-point cut or a bold cut of 50 basis points, which would help the labor market, but might reignite inflation The US Federal Reserve is gearing up to announce its first interest rate cut in more than four years on Wednesday, with policymakers expected to debate how big a move to make less than two months before the US presidential election. Senior officials at the US central bank including Fed Chairman Jerome Powell have in recent weeks indicated that a rate cut is coming this month, as inflation eases toward the bank’s long-term target of two percent, and the labor market continues to cool. The Fed, which has a dual mandate from the US Congress to act independently to ensure