South Korea’s Samsung Electronics Co could never take over Taiwan’s tech industries on its own, because of the electronics industry’s diverse nature, Acer Inc (宏碁) chairman and chief executive J.T. Wang (王振堂) said yesterday.
Wang made the remarks in response to a report published by local Chinese-language magazine Business Today on Wednesday, according to which Samsung’s management decided to launch a “kill Taiwan” project in a meeting held after the industry started recovering from the global financial crisis in 2008 and 2009.
The report cited a Taiwanese former Samsung official.
The project aims to drive Taiwanese companies in the PC DRAM sector, LCD panel sector and contract chipmaking sector out of the market, the report said.
“It is impossible” for Samsung to put this project into effect, Wang said.
“The [technology] world is very diverse, consisting of various needs for different products, and different groups of consumers with various preferences,” Wang told reporters on the sidelines of a forum on corporate social responsibility held by Acer in Taipei yesterday.
“No individual company can handle it all,” Wang said. “It is impossible for Samsung to take over Taiwan’s industries.”
Wang added that he doubted the report was true in any case.
Over the past four years, Samsung has gradually forced Taiwanese PC DRAM makers to exit the market and took market share away from Taiwan’s LCD panel makers and mobile phone brand HTC Corp (宏達電), the report said.
HTC lost some market share several years ago because of a short supply of high-resolution displays. Suppliers preferred Samsung over HTC at a time when the supply of high-resolution AMOLED screens was very limited, according to the report.
It added that Samsung is now targeting Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), the world’s biggest contract chipmaker, and Hon Hai Precision Industry Co Ltd (鴻海精密), which makes iPhones and iPads for Apple Inc.
“Samsung is a formidable competitor,” TSMC chairman and chief executive Morris Chang (張忠謀) told reporters. “We will be well-prepared for it.”
Samsung was on his radar several years ago when the South Korean company expanded into the contract chipmaking business.
Samsung is the world’s biggest maker of memory chips and TVs, and is expected to overtake Nokia as the world’s top handset maker this year.
“I’m very optimistic about the company’s [TSMC’s] operations in the short term, medium term and long term,” Chang said.
Continued capacity expansion and increased research and development on DRAM, panels and key components used in smartphones forced Taiwanese and Japanese firms to retreat from those tough markets during the past five years, the report said.
According to the report, the targets of Samsung’s “kill Taiwan” project would include Japanese chipmaker Elpida Memory Inc, as well as Taiwanese panel makers AU Optronics Corp (友達光電), Innolux Corp (群創光電) and Chunghwa Picture Tubes Ltd (中華映管).
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
People can preregister to receive their NT$10,000 (US$325) cash distributed from the central government on Nov. 5 after President William Lai (賴清德) yesterday signed the Special Budget for Strengthening Economic, Social and National Security Resilience, the Executive Yuan told a news conference last night. The special budget, passed by the Legislative Yuan on Friday last week with a cash handout budget of NT$236 billion, was officially submitted to the Executive Yuan and the Presidential Office yesterday afternoon. People can register through the official Web site at https://10000.gov.tw to have the funds deposited into their bank accounts, withdraw the funds at automated teller
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
PEACE AND STABILITY: Maintaining the cross-strait ‘status quo’ has long been the government’s position, the Ministry of Foreign Affairs said Taiwan is committed to maintaining the cross-strait “status quo” and seeks no escalation of tensions, the Ministry of Foreign Affairs (MOFA) said yesterday, rebutting a Time magazine opinion piece that described President William Lai (賴清德) as a “reckless leader.” The article, titled “The US Must Beware of Taiwan’s Reckless Leader,” was written by Lyle Goldstein, director of the Asia Program at the Washington-based Defense Priorities think tank. Goldstein wrote that Taiwan is “the world’s most dangerous flashpoint” amid ongoing conflicts in the Middle East and Russia’s invasion of Ukraine. He said that the situation in the Taiwan Strait has become less stable
RSS