SECMEX postponed
The second Semiconductor Equip-ment/Component/Materials Expo-sition Taiwan, or SECMEX Taiwan 2003, will be postponed two months later due the spread of severe acute respiratory syndrome (SARS), the event organizer said yesterday.
The four-day event, organized by the Taiwan Semiconductor Industry Association (TSIA, 台灣半導體協會) will be rescheduled for July 16 to 19 at the Taipei World Trade Center Exhibition Hall.
The event was originally set to kick off May 16, said Lee Yin-lung (李英龍), a TSIA manager.
"There are some 70 companies registering to occupy 120 booths in the show," Lee said. "But we decided to delay the show until the SARS fears are cleared."
Last year almost 50 companies took up 100 booths at SECMEX.
CPC to report on refinery move
The Chinese Petroleum Corp (中油) is slated to present a preliminary assessment report to the Ministry of Economic Affairs tomorrow about plans to relocate its Taoyuan refinery because of public safety concerns, ministry spokesman Berton Chiu (邱柏青) announced yesterday.
The state-run oil refiner has surveyed about four possible sites north of Hsinchu and will come up with a comprehensive plan within one year, Chiu said.
He said the company would not going to specify where or when the plant will be moved in the preliminary report.
Minister of Economic Affairs Lin Yi-fu (林義夫) agreed in early February to the refinery's relocation after an equipment explosion at the refinery in late January drew strong protests from nearby residents.
AU Optronics quarantines 20
AU Optronics Corp (友達光電), the world's fourth-largest maker of flat-panel displays used in electronic products, quarantined 20 administrative employees at a plant, where one of its office workers had a fever, a local newspaper reported yesterday, citing the company.
AU Optronics reported the employee at the plant in Taoyuan had a fever of 38?C on May 2.
The company told the employee to stay home in quarantine and said its manufacturing, sales, orders and shipments haven't been affected.
Doctors haven't determined whether the employee has SARS.
CKS numbers drop
With the SARS outbreak escalating in Taiwan, the numbers of inbound and outbound passengers at CKS International Airport dropped to new lows on Tuesday.
According to official tallies, there were only 4,118 arrivals and 5,335 departing passengers on Tuesday -- the lowest in the airport's 24-year history.
Since the beginning of the month, the total daily number of departing and arriving passengers at the airport has continued declining significantly, with the number falling below 10,000 on four days.
Before the SARS outbreak hit the nation in mid-March, the cumulative number of inbound and outbound passengers reached an average of 50,000 per day.
NT dollar rises
The NT dollar yesterday had its highest close in almost two months against its US counterpart after the Federal Reserve signaled it may cut interest rates, sapping the US dollar's appeal.
"The Fed said economic risks in the US still exist, so the dollar weakened globally," benefiting the New Taiwan dollar, said Elaina Chang, a currency trader at Grand Commercial Bank (萬通銀行).
The local currency gained NT$0.033, or 0.1 percent, to NT$34.712 against the greenback on the Taipei foreign exchange market, its highest since March 17. Turnover was US$370.5 million.
SEEKING CLARITY: Washington should not adopt measures that create uncertainties for ‘existing semiconductor investments,’ TSMC said referring to its US$165 billion in the US Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) told the US that any future tariffs on Taiwanese semiconductors could reduce demand for chips and derail its pledge to increase its investment in Arizona. “New import restrictions could jeopardize current US leadership in the competitive technology industry and create uncertainties for many committed semiconductor capital projects in the US, including TSMC Arizona’s significant investment plan in Phoenix,” the chipmaker wrote in a letter to the US Department of Commerce. TSMC issued the warning in response to a solicitation for comments by the department on a possible tariff on semiconductor imports by US President Donald Trump’s
‘FAILED EXPORT CONTROLS’: Jensen Huang said that Washington should maximize the speed of AI diffusion, because not doing so would give competitors an advantage Nvidia Corp cofounder and chief executive officer Jensen Huang (黃仁勳) yesterday criticized the US government’s restrictions on exports of artificial intelligence (AI) chips to China, saying that the policy was a failure and would only spur China to accelerate AI development. The export controls gave China the spirit, motivation and government support to accelerate AI development, Huang told reporters at the Computex trade show in Taipei. The competition in China is already intense, given its strong software capabilities, extensive technology ecosystems and work efficiency, he said. “All in all, the export controls were a failure. The facts would suggest it,” he said. “The US
The government has launched a three-pronged strategy to attract local and international talent, aiming to position Taiwan as a new global hub following Nvidia Corp’s announcement that it has chosen Taipei as the site of its Taiwan headquarters. Nvidia cofounder and CEO Jensen Huang (黃仁勳) on Monday last week announced during his keynote speech at the Computex trade show in Taipei that the Nvidia Constellation, the company’s planned Taiwan headquarters, would be located in the Beitou-Shilin Technology Park (北投士林科技園區) in Taipei. Huang’s decision to establish a base in Taiwan is “primarily due to Taiwan’s talent pool and its strength in the semiconductor
French President Emmanuel Macron has expressed gratitude to Hon Hai Precision Industry Co (鴻海精密) for its plan to invest approximately 250 million euros (US$278 million) in a joint venture in France focused on the semiconductor and space industries. On his official X account on Tuesday, Macron thanked Hon Hai, also known globally as Foxconn Technology Group (富士康科技集團), for its investment projects announced at Choose France, a flagship economic summit held on Monday to attract foreign investment. In the post, Macron included a GIF displaying the national flag of the Republic of China (Taiwan), as he did for other foreign investors, including China-based
RSS