Taiwan's number one computer maker is eying Shanghai as a possible location for a notebook computer factory -- an investment valued at over NT$10 billion (US$325 million).
Local media reported that the proposed facility would make notebook computers with 586-type processors.
Lin Pai-li (
General manager of Pudong science park, Yang Xiaomin (楊小明) confirmed Lin's visit on Thursday in an interview, after receiving businessmen from Taiwan's Chinese National Federation of Industries (CNFI 全國工業總會).
"I am positive that he will visit the park ... it's a wise decision for him," Yang said, refusing to elaborate on the details of the potential investment.
Several high-tech manufacturers, including Hewlett-Packard, NEC and Intel have set up factories and research centers in the park.
According to Yang, many Taiwanese companies have expressed an interest in investing in the Shanghai park.
The domestic unit of the Chinese-owned, Dutch-headquartered chipmaker Nexperia BV will soon be able to produce semiconductors locally within China, according to two company sources. Nexperia is at the center of a global tug-of-war over critical semiconductor technology, with a Dutch court in February ordering a probe into alleged mismanagement at the company. The geopolitical tussle has disrupted supply chains, with some carmakers reportedly forced to cut production due to chip shortages. Local production would allow Nexperia’s domestic arm, Nexperia Semiconductors (China) Ltd (安世半導體中國), to bypass restrictions in place since October on the supply of silicon wafers — etched with tiny components to
Taiwan’s foreign exchange reserves fell below the US$600 billion mark at the end of last month, with the central bank reporting a total of US$596.89 billion — a decline of US$8.6 billion from February — ending a three-month streak of increases. The central bank attributed the drop to a combination of factors such as outflows by foreign institutional investors, currency fluctuations and its own market interventions. “The large-scale outflows disrupted the balance of supply and demand in the foreign exchange market, prompting the central bank to intervene repeatedly by selling US dollars to stabilize the local currency,” Department of Foreign
Taiwan is open to joining a global liquefied natural gas (LNG) program if one is created, but on the condition that countries provide delivery even in a scenario where there is a conflict with China, an energy department official said yesterday. While Taiwan’s priority is to have enough LNG at home, the nation is open to exploring potential strategic reserves in other countries such as Japan or South Korea, Energy Administration Deputy Director-General Chen Chung-hsien (陳崇憲) said. While the LNG market does not have a global reserve for emergencies like that of oil, the concept has been raised a few times —
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