Taiwan Semiconductor Manufac-turing Co (TSMC, 台積電) will build five state-of-the-art chipmaking plants in southern Taiwan, proof that lingering fears that a nearby high-speed railway could impact production are unfounded, science park officials said yesterday. \n"After a thorough analysis of the impact of vibrations caused by the high-speed rail on their manufacturing process, TSMC is confident they can overcome the problem ... They will build five 12-inch wafer manufacturing plants in the park," said Tai Chien (戴謙), director of the Tainan Science-based Industrial Park (台南科學園區). The new plants will all be located in the park. \nTwo weeks ago, TSMC officials said a thorough investigation into the impact the vibrations from the a planned high-speed railway on their chip manufacturing revealed the problem could be easily corrected. In light of the findings, they resumed construction on a 12-inch plant already in the park and announced a new investment plan. \nTSMC intends to spend NT$700 billion (US$20 billion) over the next several years on six new 12-inch wafer fabrication plants, or fabs as chip plants are known. One of the new fabs will be located in the Hsinchu Science-based Industrial Park (新竹科學園區), while the other five are slated for the Tainan park. \nEach of the new fabs will cost over NT$100 billion to construct, signaling the firm is confident the vibration problem has been resolved. TSMC and other Taiwanese chipmakers stopped or canceled a number of planned facilities earlier this year over fears that vibrations from the Taiwan High-Speed Railway Corp (台灣高鐵) might impact the sensitive chip making process. On its way from Taipei in the north to Kaohsiung, in southern Taiwan, the line passes close by the Tainan science park. \nTSMC's own study found that through simple engineering steps, the effects of the high-speed rail vibrations on its chip plants could be eliminated. The company spent six months researching the problem in conjunction with engineers from Taiwan High-Speed Rail and outside specialists from academia, and the professional community.
POOR INTERNAL CONTROLS: Insurance Bureau Director-General Shih Chiung-hwa said the company is expected to get back on track while its chairman is suspended The Financial Supervisory Commission (FSC) yesterday fined Shin Kong Life Insurance Co (新光人壽) NT$27.6 million (US$939,415) for a reckless investment that endangered its solvency, and suspended its chairman Eugene Wu (吳東進) for poor supervision. The penalty is the second-highest in a single case after Nan Shan Life Insurance Co (南山人壽) was fined NT$30 million in September last year and its chairman Du Ying-tzyong (杜英宗) suspended for two years, the commission said. In three rounds of special and regular examinations conducted since last year, the commission found that Shin Kong Life had given too much power to an asset and liability management committee
HEAVY INVESTMENT: Moody’s affirmed the firm’s ‘Aa3’ rating with a ‘stable’ outlook due to its leading position in the industry and ability to match customer requirements Taiwan Semiconductor Manufacturing Co’s (TSMC, 台積電) revenue this year is expected to increase about 21 percent to NT$1.29 trillion (US$44.01 billion) from NT$1.07 trillion last year, driven by strong demand for advanced 5-nanometer and 7-nanometer chips mainly used in smartphones and high-performance computing devices, a Moody’s Investors Service report on Wednesday said. TSMC’s rate of revenue growth next year is to increase to 7.5 percent, the ratings agency said. The company, which supplies 5-nanometer chips for Apple Inc’s new iPad series, has introduced the advanced chips ahead of its competitors and gained a significant share of the market for the foundry industry’s
Sony Corp has cut its estimated Play Station 5 (PS5) production for this fiscal year by 4 million units, down to about 11 million, following production issues with its custom-designed system-on-chip (SOC) for the new console, people familiar with the matter said. The Tokyo-based electronics giant in July boosted orders with suppliers in anticipation of heightened demand for gaming in the holiday season and beyond, as people spend more time at home due to the COVID-19 pandemic. However, the company has come up against manufacturing issues, such as production yields as low as 50 percent for its SOC, which have cut into
O2O BICYCLE SHOW: The Taiwan Bicycle Show next year is to be online to offline, with forums, audio-visual conferences and livestreaming of the offline events Local bicycle makers expect demand to continue outpacing supply due to orders triggered by the COVID-19 pandemic, with some companies seeing orders back up through next year. “Next year is all full in terms of orders. Our lead time on components is one year,” Giant Manufacturing Co Ltd (巨大機械) chairwoman Bonnie Tu (杜綉珍) told a news conference in Taipei organized by the Taiwan External Trade Development Council (TAITRA) to announce next year’s Taipei Cycle Show. The pandemic has reduced bicycle supplies and increased demand around the world, Robert Wu (吳盈進), chairman of KMC (Kuei Meng) International Inc (桂盟國際), one of the world’s