CPC hikes LPG prices
State-run oil refiner CPC Corp, Taiwan (CPC, 台灣中油) yesterday said it would raise prices for liquefied petroleum gas (LPG) items, while keeping those for liquefied natural gas (LNG) products unchanged from last month. From today, prices for household LPG are to increase by NT$1.9 per kilogram and by NT$1.1 per liter for LPG used in cars to reflect an increase in international LPG contract prices, CPC said in a statement. The price of a 20kg household gas cylinder — often used by families, restaurants and food stands — is to increase by NT$38.
Note 8 pre-orders end
Chunghwa Telecom Co (中華電信) yesterday said it has completed pre-orders for Samsung Electronics Co’s latest flagship smartphone, the Galaxy Note 8, on the first day of the campaign. The orchid gray model was the most popular among Taiwanese, making up 60 percent of pre-orders, Chunghwa said in a statement. Orchid gray is an exclusive color for the Taiwanese market. People who placed pre-orders can start receiving the device on Sept. 12 at the earliest, the company said. Taiwan Mobile Co (台灣大) and Far EasTone Telecommunications Co (遠傳電信) yesterday also began taking pre-orders for the Note 8, which are to run for a week.
MOU signed with US firm
The Ministry of Economic Affairs inked a memorandum of understanding (MOU) with Rockwell Automation Inc in Cleveland, Ohio, to join forces in exploring “smart” machine business opportunities, the ministry said yesterday. Taiwanese firms and Rockwell are to codevelop “smart” manufacturing systems based on the MOU, the ministry said in a press statement, without naming the local companies. The collaboration is expected to increase Taiwanese machinery makers’ competitiveness in the field of “smart” machinery, given the US company’s strong capability in industrial automation technologies and its global presence, the ministry said.
El Salvador tariffs reduced
Taiwan on Wednesday signed four resolutions with El Salvador following the second annual Taiwan-El Salvador-Honduras free trade agreement (FTA) executive committee meeting in Taipei. The Ministry of Economic Affairs on Thursday said that the two nations agreed to make annual reductions in tariffs on each other’s exports, including aloe vera juice, jello and tape from Taiwan, and dried pineapple, dried mango, dried plantain and dried banana from El Salvador. The 5 to 10 percent tariffs are to be reduced to zero in 10 years’ time, the ministry said. The FTA was signed on May 7, 2007, and went into effect in 2008.
Taipei to host IT congress
This year’s World Congress on Information Technology (IT) is to be held in Taipei from Sunday next week to Sept. 13, the Ministry of Economic Affairs said yesterday. This year’s theme will be “Living the Digital Dream,” addressing challenges and potential opportunities faced by digital economies and “smart” cities with particular reference to high-level policies, transformation strategies, technology application and business models, the ministry said. More than 900 foreign visitors from 80 nations are expected to attend, it added. The congress was launched in 1978 by the World Information Technology and Services Alliance and has since become a premier international IT forum. Taiwan last hosted the congress in 2000.
NO VIRUS BLUES: A SEMI Taiwan official said that the virus does not slow down the global semiconductor industry’s investment in manufacturing equipment The production value of the nation’s semiconductor industry is expected to grow 16.7 percent this year from last year, outpacing the global industry’s 3.3 percent growth, industry association SEMI said yesterday. That would help Taiwan safeguard its second spot in the global semiconductor market with a production value of more than NT$3 trillion (US$102.73 billion), SEMI Taiwan president Terry Tsao (曹世綸) told a media briefing in Taipei for the Semicon Taiwan trade show beginning today. The global semiconductor industry’s production value is expected to increase to US$426 billion this year, SEMI said. In terms of semiconductor equipment investment, equipment billings from Taiwanese firms
Intel Corp has received licenses from US authorities to continue supplying certain products to Huawei Technologies Co (華為), a company spokesman said yesterday. Washington has been pushing governments around to world to squeeze out Huawei, saying that the telecom giant would hand data to Beijing for espionage. From Monday last week, new curbs have barred US companies from supplying or servicing Huawei. This week, the state-backed China Securities Journal reported that Intel had received permission to supply Huawei. China’s Semiconductor Manufacturing International Corp (SMIC, 中芯國際), which uses US-origin equipment to make chips for Huawei and other companies, last week confirmed that it had sought
INVEST IN TAIWAN: A metal components casting firm and the world’s largest maker of aluminum bicycle rims also obtained approvals to join the program Solar Applied Materials Technology Co (SOLAR, 光洋應用材料), a part of Taiwan Semiconductor Manufacturing Co’s (TSMC, 台積電) “green supply chain,” has pledged to invest NT$1 billion (US$34.1 million) to build a new plant at the Tainan Technology Industrial Park (台南科技工業區), the Ministry of Economic Affairs said yesterday. SOLAR has been collaborating with TSMC to extract precious metals from waste and reuse them as “sputtering target” material in high-end semiconductor manufacturing, a TSMC press release issued in May said. Established in 1978, SOLAR also offers key materials and integrated services to customers in the optoelectronics, information and communications technology, petrochemicals and consumer electronics industries,
Swancor Renewable Energy Co (上緯新能源) yesterday announced plans for a 4.4 gigawatt (GW) offshore wind project off Miaoli County as part of its commitment toward Taiwan’s energy transformation, the company said in a statement. The “Formosa 4” project includes three deep-water wind farms 18km to 20km off the coast, Swancor Renewable CEO Lucas Lin (林雍堯) said, adding that planning for the project began last year. A proposal for Formosa 4 was this week submitted to the Environmental Protection Agency (EPA), the company said. Swancor Renewable jointly developed the Formosa 1 project, a 128 megawatt (MW) wind farm about 4km off Miaoli and the