Hysterical reaction and irrational argument are seriously misinforming the public about the issue of whether or not Taiwan's semiconductor industry should be allowed to invest in China, the head of Taiwan's chip industry association said yesterday.
"For those outside the semiconductor industry, it is really a sector they don't know much about ... [So many] misunderstandings exist among the general public on the issue that we hope through debate we can help raise general awareness about the issue -- what problems the industry is facing and what it needs and wants [with relation to building factories in China]," said Gordon Chen (陳文咸), president of the Taiwan Semiconductor Industry Association (台灣半導體產業協會).
Chen said people have been led to believe that allowing Taiwanese chipmakers to manufacture eight-inch wafers in China will cause a hollowing out of the industry, capital squeeze, spur unemployment and help Chinese companies catch up with their Taiwanese counterparts.
"Unfortunately, those concerns are not true," Chen said at a press conference yesterday.
Tonight, Chen is set to meet with five other academic and industry leaders -- including Frank Huang (黃崇仁), head of Powerchip Semiconductor Corp (力晶半導體), Lo Cheng-fang (羅正方), executive director of the Taiwan Thinktank (台灣智庫), and Wu Rong-i (吳榮義), president of the Taiwan Institute of Economic Research (台經院) -- in a live televised debate on the issue. It will be aired on Public Television Service (公共電視), channel 53 in most areas, between 7pm and 9pm this evening.
"We are now living in a society which is full of information, both useful and useless. But ironically knowledge of the IC industry is rather insufficient. Through the debate we want to help people understand the industry and help avoid a political confrontation in the country," Lo said.
Separately, the Taiwan Association of University Professors (台教會) and Taiwan Engineers' Association (台灣工程師協會) are scheduled to march on the Executive Yuan in Taipei today, demanding it to stop chipmakers from investing in China. The two groups will be supported by pro-independence factions and the Taiwan Solidarity Union (TSU), the political party formed by former president Lee Teng-hui (李登輝).
These groups believe the government is selling Taiwan out to China by allowing chipmakers to invest there. They say the government risks increasing unemployment and destroying Taiwan's technology advantage over China by allowing the companies to invest in Taiwan's political rival.
But Chen disagreed. "I think the Ministry of Economic Affairs has a better grasp of the chip industry than other government agencies. Some top-ranking government officials still lack a proper understanding of the industry," Chen said.
For Taiwan to retain its technological advantage under the opening-up policy, Lo urged the government to study the policy proposal very thoroughly before making a decision.
"We hope the establishment of an `effective management' mechanism will not just work to regulate the chip industry but also help set the rules for the petrochemical and TFT-LCD industries in the future. Bad policy is worse than no policy at all," he said.
Earlier this week, Lin Hsin-yi (林信義), vice premier and chairman of the Council for Economic Planning and Development, put his full political weight behind the IT sector by telling lawmakers chipmakers should be allowed to invest in China and that he is confident in the government's ability to oversee their activities.
The combined effect of the monsoon, the outer rim of Typhoon Fengshen and a low-pressure system is expected to bring significant rainfall this week to various parts of the nation, the Central Weather Administration (CWA) said. The heaviest rain is expected to occur today and tomorrow, with torrential rain expected in Keelung’s north coast, Yilan and the mountainous regions of Taipei and New Taipei City, the CWA said. Rivers could rise rapidly, and residents should stay away from riverbanks and avoid going to the mountains or engaging in water activities, it said. Scattered showers are expected today in central and
COOPERATION: Taiwan is aligning closely with US strategic objectives on various matters, including China’s rare earths restrictions, the Ministry of Foreign Affairs said Taiwan could deal with China’s tightened export controls on rare earth metals by turning to “urban mining,” a researcher said yesterday. Rare earth metals, which are used in semiconductors and other electronic components, could be recovered from industrial or electronic waste to reduce reliance on imports, National Cheng Kung University Department of Resources Engineering professor Lee Cheng-han (李政翰) said. Despite their name, rare earth elements are not actually rare — their abundance in the Earth’s crust is relatively high, but they are dispersed, making extraction and refining energy-intensive and environmentally damaging, he said, adding that many countries have opted to
African swine fever was confirmed at a pig farm in Taichung, the Ministry of Agriculture said today, prompting a five-day nationwide ban on transporting and slaughtering pigs, and marking the loss of Taiwan’s status as the only Asian nation free of all three major swine diseases. The ministry held a news conference today confirming that the virus was detected at a farm in Wuci District (梧棲) yesterday evening. Authorities preemptively culled 195 pigs at the farm at about 3am and disinfected the entire site to prevent the disease from spreading, the ministry said. Authorities also set up a 3km-radius control zone
CONCESSION: A Shin Kong official said that the firm was ‘willing to contribute’ to the nation, as the move would enable Nvidia Crop to build its headquarters in Taiwan Shin Kong Life Insurance Co (新光人壽) yesterday said it would relinquish land-use rights, or known as surface rights, for two plots in Taipei’s Beitou District (北投), paving the way for Nvidia Corp to expand its office footprint in Taiwan. The insurer said it made the decision “in the interest of the nation’s greater good” and would not seek compensation from taxpayers for potential future losses, calling the move a gesture to resolve a months-long impasse among the insurer, the Taipei City Government and the US chip giant. “The decision was made on the condition that the Taipei City Government reimburses the related
RSS