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).
MORE VISITORS: The Tourism Administration said that it is seeing positive prospects in its efforts to expand the tourism market in North America and Europe Taiwan has been ranked as the cheapest place in the world to travel to this year, based on a list recommended by NerdWallet. The San Francisco-based personal finance company said that Taiwan topped the list of 16 nations it chose for budget travelers because US tourists do not need visas and travelers can easily have a good meal for less than US$10. A bus ride in Taipei costs just under US$0.50, while subway rides start at US$0.60, the firm said, adding that public transportation in Taiwan is easy to navigate. The firm also called Taiwan a “food lover’s paradise,” citing inexpensive breakfast stalls
US PUBLICATION: The results indicated a change in attitude after a 2023 survey showed 55 percent supported full-scale war to achieve unification, the report said More than half of Chinese were against the use of force to unify with Taiwan under any circumstances, a survey conducted by the Atlanta, Georgia-based Carter Center and Emory University found. The survey results, which were released on Wednesday in a report titled “Sovereignty, Security, & US-China Relations: Chinese Public Opinion,” showed that 55.1 percent of respondents agreed or somewhat agreed that “the Taiwan problem should not be resolved using force under any circumstances,” while 24.5 percent “strongly” or “somewhat” disagreed with the statement. The results indicated a change in attitude after a survey published in “Assessing Public Support for (Non)Peaceful Unification
PLUGGING HOLES: The amendments would bring the legislation in line with systems found in other countries such as Japan and the US, Legislator Chen Kuan-ting said Democratic Progressive Party (DPP) Legislator Chen Kuan-ting (陳冠廷) has proposed amending national security legislation amid a spate of espionage cases. Potential gaps in security vetting procedures for personnel with access to sensitive information prompted him to propose the amendments, which would introduce changes to Article 14 of the Classified National Security Information Protection Act (國家機密保護法), Chen said yesterday. The proposal, which aims to enhance interagency vetting procedures and reduce the risk of classified information leaks, would establish a comprehensive security clearance system in Taiwan, he said. The amendment would require character and loyalty checks for civil servants and intelligence personnel prior to
The China Coast Guard has seized control of a disputed reef near a major Philippine military outpost in the South China Sea, Beijing’s state media said, adding to longstanding territorial tensions with Manila. Beijing claims sovereignty over almost all of the South China Sea and has waved away competing assertions from other countries as well as an international ruling that its position has no legal basis. China and the Philippines have engaged in months of confrontations in the contested waters, and Manila is taking part in sweeping joint military drills with the US which Beijing has slammed as destabilizing. The Chinese coast guard