The Taipei Computer Association (TCA, 台北市電腦公會) yesterday presented a petition to presidential candidates Frank Hsieh (謝長廷) of the Democratic Progressive Party (DPP) and Ma Ying-jeou (
TCA chairman Wang Jen-tang (
Wang said the TCA could influence 1 million votes in next month's presidential election through its member companies and associated manufacturers, their employees and workers' families.
After Wang's statement, both camps appointed staff to look into the proposal.
Wang said limitations on foreign labor are forcing businesses, including high value-added industries such as pharmaceutical manufacturing, to move to China.
With operational costs on the rise in China, the time is ripe for a new export-processing zone, Wang said.
The TCA has calculated that the ration of foreign labor must be increased to 60 percent to persuade Taiwanese businesses to return from China. This leaves 40 percent of the employment opportunities to locals, which would be sufficient to boost the economy significantly once companies begin returning.
Chen said that the implementation of the Labor Contract Law (勞動合同法) in China raised operational costs there considerably. Workers wages paid by Walton Advanced Engineering (華東) rose from 750 yuan (US$105) to 850 yuan, he said, not including an additional 8 percent property purchase bonus.
With factors such as taxation and foreign exchange, businesses face up to a 30 percent rise in costs, the TCA said.
Meanwhile, many industrial facilities stand empty in Taiwan. If foreign labor policies are relaxed or workers wages lowered, businesses could return, it said.
Wang said that an international business' headquarters is mobile, but Taiwan must beat out competition from Singapore, Malaysia and Vietnam to win them. The TCA said the government should offer tax incentives, adding that infrastructure and a time line for opening the three direct links with China are also essential.
Chen Yi-min (
At the same time, lowering wages for foreign workers could violate the International Labor Code, Chen Yi-min said.
Chen Yi-min also said that lowered wages for foreign workers could cause a backlash through concern over competition.
Anna Bhobho, a 31-year-old housewife from rural Zimbabwe, was once a silent observer in her home, excluded from financial and family decisionmaking in the deeply patriarchal society. Today, she is a driver of change in her village, thanks to an electric tricycle she owns. In many parts of rural sub-Saharan Africa, women have long been excluded from mainstream economic activities such as operating public transportation. However, three-wheelers powered by green energy are reversing that trend, offering financial opportunities and a newfound sense of importance. “My husband now looks up to me to take care of a large chunk of expenses,
SECTOR LEADER: TSMC can increase capacity by as much as 20 percent or more in the advanced node part of the foundry market by 2030, an analyst said Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) is expected to lead its peers in the advanced 2-nanometer process technology, despite competition from Samsung Electronics Co and Intel Corp, TrendForce Corp analyst Joanne Chiao (喬安) said. TSMC’s sophisticated products and its large production scale are expected to allow the company to continue dominating the global 2-nanometer process market this year, Chiao said. The world’s largest contract chipmaker is scheduled to begin mass production of chips made on the 2-nanometer process in its Hsinchu fab in the second half of this year. It would also hold a ceremony on Monday next week to
State-run CPC Corp, Taiwan (CPC, 台灣中油) yesterday signed a letter of intent with Alaska Gasline Development Corp (AGDC), expressing an interest to buy liquefied natural gas (LNG) and invest in the latter’s Alaska LNG project, the Ministry of Economic Affairs said in a statement. Under the agreement, CPC is to participate in the project’s upstream gas investment to secure stable energy resources for Taiwan, the ministry said. The Alaska LNG project is jointly promoted by AGDC and major developer Glenfarne Group LLC, as Alaska plans to export up to 20 million tonnes of LNG annually from 2031. It involves constructing an 1,290km
NEXT GENERATION: The company also showcased automated machines, including a nursing robot called Nurabot, which is to enter service at a Taichung hospital this year Hon Hai Precision Industry Co (鴻海精密) expects server revenue to exceed its iPhone revenue within two years, with the possibility of achieving this goal as early as this year, chairman Young Liu (劉揚偉) said on Tuesday at Nvidia Corp’s annual technology conference in San Jose, California. AI would be the primary focus this year for the company, also known as Foxconn Technology Group (富士康科技集團), as rapidly advancing AI applications are driving up demand for AI servers, Liu said. The production and shipment of Nvidia’s GB200 chips and the anticipated launch of GB300 chips in the second half of the year would propel