FIRE RESPONSE: Standby units at the Hsinta Power Plant were activated to compensate for a dip in reserves after a fire and normal electricity supply was unaffected
A fire at Kaohsiung’s Hsinta Power Plant (興達電廠) two days ago, suspected to have been caused by a leak of natural gas from its new Unit 2, would not trigger rolling blackouts, Minister of Economic Affairs Kung Ming-hsin (龔明鑫) said yesterday.Backup units and emergency reserves would ensure stable elec
Leotek Corp (光林智能), a lighting and traffic signaling equipment subsidiary of Lite-On Technology Corp (光寶科技), expects revenue this year to surpass last year’s, driven by infrastructure project gains in Taiwan, North America and elsewhere, company president Torrent Chin (金海濤) said yesterday.Orders for
Tax revenue contracted last month as a sharp drop in corporate income, business and inheritance tax collections offset steady gains from individual taxpayers, the Ministry of Finance said in its monthly report yesterday.Overall revenue fell 10 percent from a year earlier to NT$153.7 billion (US$5.07
Two Indian officials are visiting Taiwan to attend Semicon Taiwan trade show and meet with local industry leaders to enhance collaboration between India and Taiwan in the global semiconductor ecosystem.“Taiwan has built a place for itself in this entire value chain. So clearly, there is something th
A man looks at a display of silicon wafers at Semicon Taiwan in Taipei yesterday. This year’s event, the highlight of International Semiconductor Week, has the theme “Leading with Collaboration. Innovating with the World.” With more than 25 forums and 13 core technology tracks, the event emphasizes
QATAR WATCH: Taiwan has been diversifying its LNG sources and the government would assess purchasing from sources that are price-competitive, an agency said
Israel’s attacks on Qatar’s capital, Doha, on Tuesday would not affect Taiwan’s liquefied natural gas (LNG) imports, as most ships carrying the fuel that are scheduled to arrive this month were already en route or had already arrived, Minister of Economic Affairs Kung Ming-hsin (龔明鑫) said yesterday.
HEALTHCARE, LIFE SCIENCES: Biotech and pharmaceutical firms are stepping up recruitment of scientists and engineers in advanced fields, ManpowerGroup said
Taiwan’s hiring momentum would hold steady in the fourth quarter, with more companies planning to expand headcounts than cut staff, even as technology firms turn more cautious, a survey released by ManpowerGroup Inc showed on Tuesday.The poll of 630 local employers showed that 38 percent planned to
Czech Minister for Science and Research Marek Zenisek and UK National Technology Adviser Dave Smith opened their countries’ pavilions at this year's Semicon Taiwan trade show in Taipei yesterday.Zenisek said the Czech Republic’s pavilion showcases the country’s semiconductor cluster and will help de
E.SUN Bank donates to establish “E.SUN Sustainability Hall” at National Taipei University. The groundbreaking ceremony was held on Tuesday and the ceremony was graced by the presence of Vice President Hsiao Bi-khim (蕭美琴) and world-renowned architect Tadao Ando, who shared his design philosophy.They
Chunghwa Precision Test Technology Co (CHPT, 中華精測), a chip testing and wafer probing services provider, yesterday said that revenue this quarter would climb to an all-time high, benefiting from increased demand for chips used in artificial intelligence (AI) applications and smartphones.The company a
In support of government’s vision of transforming Taiwan into an “Asia Asset Management Center,” Standard Chartered Bank has combined its global expertise with local resources to lead the wealth management market.At a launch ceremony yesterday attended by Standard Chartered Bank’s global head of wea
People walk past advertising for a Syensqo chip at the Semicon Taiwan exhibition in Taipei yesterday.
Preorders for Apple Inc's new iPhone 17 series began in Taiwan today through the nation's three major telecom providers, ahead of the official launch on Friday next week.Chunghwa Telecom Co (中華電信), Taiwan Mobile Co (台灣大哥大) and Far EasTone Telecommunications Co (遠傳電信) said upgrades in specifications
MILESTONE: Exports last month rose 34.1 percent to US$58.49 billion, overtaking South Korea for the first time as the AI boom drove demand for locally made chips
Taiwan’s exports surged to an all-time high last month, powered by booming global demand for artificial intelligence (AI) and high-performance computing chips, as well as inventory stocking ahead of new consumer electronics releases, the Ministry of Finance said yesterday.Overseas shipments rose 34.
EXPORT GROWTH: The AI boom has shortened chip cycles to just one year, putting pressure on chipmakers to accelerate development and expand packaging capacity
Developing a localized supply chain for advanced packaging equipment is critical for keeping pace with customers’ increasingly shrinking time-to-market cycles for new artificial intelligence (AI) chips, Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) said yesterday.Spurred on by the AI revolution,
Challenges to the global semiconductor supply chain, including geopolitical tensions, extreme weather, limited access to key materials and unstable demand, have tested the industry’s resilience and capacity for cooperation, Minister of Economic Affairs Kung Ming-hsin (龔明鑫) said yesterday.To address
Taiwan could play a key role in the humanoid robot sector by leveraging its strengths in semiconductors and key components, Japanese robotics pioneer Hiroshi Ishiguro said yesterday.The Osaka University professor said after a presentation at the Semicon Taiwan forum in Taipei that Taiwan should focu
Japanese geoeconomist Satoshi Inomata yesterday called for semiconductor collaboration between Taiwan and Japan, saying the two sides working together could “exert geo-economic powers” better safeguarding their economic security.“Taiwan and Japan ... can be an extremely strong pair to exert geo-econ
France’s Mistral AI SAS yesterday cemented its position as Europe’s top artificial intelligence (AI) hope against far larger US and Chinese competitors after a record fundraising round and a tie-up with chipmaking equipment heavyweight ASML Holding NV.The 1.7 billion euro (US$2 billion) cash infusio
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