The Taiwan High-Speed Rail Corp (THSRC, 台灣高鐵) yesterday insisted that it had not deferred any payments to the Japanese-led Taiwan Shinkansen Corp (TSC, 台灣新幹線), and that the latter had no reason not to deliver the train carriages and core systems on time.
THSRC vice president of public affairs Arthur Chiang (
Chiang said that the TSC had already delivered 18 carriages and was scheduled to deliver three more next month. Thirty carriages are expected to be delivered before the launch of the high-speed rail system.
Chiang said his company had not delayed construction payments to the TSC and could also pay for next month's delivery.
As it was under contract, the TSU had no reason to suspend delivery, Chiang said. The THSRC would communicate with the TSC according to the terms of the contract, but it would not overreact, he added.
Chiang also said that the company's goal was to have the systems operational on Oct. 31, but the exact date was still being assessed and would be finalized by the end of August.
If there were any changes, the THSRC would report them, he said.
The 345km high-speed railway linking Taipei and Kaohsiung will connect eight metropolitan areas and have the ability to transport at least 300,000 passengers each day.
The multimillion-dollar railway system is Taiwan's first infrastructure project built under the build-operate-transfer model.
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