State-run CPC Corp, Taiwan (CPC,
The new prices took effect at midnight last night. The hikes translate to NT$31.3 per liter for 98-octane unleaded gasoline, NT$29.8 for 95-octane unleaded gasoline, NT$29.1 for 92-octane unleaded gasoline, and NT$26.6 for premium diesel oil, the company said in a statement yesterday.
CPC said the hikes were made in accordance with 80 percent of price fluctuation of West Texas Intermediate crude oil traded on the New York Mercantile Exchange, which increased by 0.8 percent over the past week, it said in the statement.
Smaller private rival Formosa Petrochemical Corp (台塑石化) said it would increase its wholesale gasoline and diesel prices to match CPC's, effective at 2am today.
Benefiting from several price-cut promotions, state-run Taiwan Sugar Corp (Taisugar,
The NT$2.2 per liter discount will be offered to drivers who buy NT$700 or more of gasoline and pay in cash from today to Aug. 11, Taisugar said in a statement.
Drivers buying NT$700 or more in gasoline and paying with a credit card would get NT$1.6 per liter off, Taisuger said.
Those spending less than NT$700 would get NT$1.6 per liter off if they paid cash, and NT$1 per liter off if they paid by credit card, the company said.
Taisugar's petroleum business division was established in October 2003 and finally broke even last year to be the most profitable sector among the company's eight units, the statement said, without giving figures.
RUN IT BACK: A succesful first project working with hyperscalers to design chips encouraged MediaTek to start a second project, aiming to hit stride in 2028 MediaTek Inc (聯發科), the world’s biggest smartphone chip supplier, yesterday said it is engaging a second hyperscaler to help design artificial intelligence (AI) accelerators used in data centers following a similar project expected to generate revenue streams soon. The first AI accelerator project is to bring in US$1 billion revenue next year and several billion US dollars more in 2027, MediaTek chief executive officer Rick Tsai (蔡力行) told a virtual investor conference yesterday. The second AI accelerator project is expected to contribute to revenue beginning in 2028, Tsai said. MediaTek yesterday raised its revenue forecast for the global AI accelerator used
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) has secured three construction permits for its plan to build a state-of-the-art A14 wafer fab in Taichung, and is likely to start construction soon, the Central Taiwan Science Park Bureau said yesterday. Speaking with CNA, Wang Chun-chieh (王俊傑), deputy director general of the science park bureau, said the world’s largest contract chipmaker has received three construction permits — one to build a fab to roll out sophisticated chips, another to build a central utility plant to provide water and electricity for the facility and the other to build three office buildings. With the three permits, TSMC
The DBS Foundation yesterday announced the launch of two flagship programs, “Silver Motion” and “Happier Caregiver, Healthier Seniors,” in partnership with CCILU Ltd, Hondao Senior Citizens’ Welfare Foundation and the Garden of Hope Foundation to help Taiwan face the challenges of a rapidly aging population. The foundation said it would invest S$4.91 million (US$3.8 million) over three years to foster inclusion and resilience in an aging society. “Aging may bring challenges, but it also brings opportunities. With many Asian markets rapidly becoming super-aged, the DBS Foundation is working with a regional ecosystem of like-minded partners across the private, public and people sectors
BREAKTHROUGH TECH: Powertech expects its fan-out PLP system to become mainstream, saying it can offer three-times greater production throughput Chip packaging service provider Powertech Technology Inc (力成科技) plans to more than double its capital expenditures next year to more than NT$40 billion (US$1.31 billion) as demand for its new panel-level packaging (PLP) technology, primarily used in chips for artificial intelligence (AI) applications, has greatly exceeded what it can supply. A significant portion of the budget, about US$1 billion, would be earmarked for fan-out PLP technology, Powertech told investors yesterday. Its heavy investment in fan-out PLP technology over the past 10 years is expected to bear fruit in 2027 after the technology enters volume production, it said, adding that the tech would
RSS