The American Chamber of Commerce (AmCham) in Taipei said yesterday its leadership hoped to meet president-elect Ma Ying-jeou (
"The member companies of AmCham have a wealth of international business experience, and are eager to share their knowledge and ideas in order to help spur Taiwan's economic progress," AmCham chairman Tung Tai-chin (
AmCham said yesterday that it was currently preparing the 2008 Taiwan White Paper. It also welcomed the new Chinese Nationalist Party (KMT) government to take the chamber's suggestions on improving the nation's business environment when it takes office on May 20.
In its 2007 Taiwan White Paper, the trade group said Taiwan had lost some of its economic bite, while other Asian Tigers Hong Kong, Singapore and South Korea had demonstrated vigorous strength in their economies.
It said that the government had for years turned a deaf ear to its calls for mending cross-strait relations and relaxing restrictions on the flow of people, goods and investment across the Taiwan Strait.
AmCham also said that it would seek to maintain close communication with the Democratic Progressive Party.
"Amicable exchanges of views between the ruling and opposition parties" are also essential to sustaining the nation's democracy and economic vitality, it said in a statement.
KEEPING UP: The acquisition of a cleanroom in Taiwan would enable Micron to increase production in a market where demand continues to outpace supply, a Micron official said Micron Technology Inc has signed a letter of intent to buy a fabrication site in Taiwan from Powerchip Semiconductor Manufacturing Corp (力積電) for US$1.8 billion to expand its production of memory chips. Micron would take control of the P5 site in Miaoli County’s Tongluo Township (銅鑼) and plans to ramp up DRAM production in phases after the transaction closes in the second quarter, the company said in a statement on Saturday. The acquisition includes an existing 12 inch fab cleanroom of 27,871m2 and would further position Micron to address growing global demand for memory solutions, the company said. Micron expects the transaction to
Nvidia Corp’s GB300 platform is expected to account for 70 to 80 percent of global artificial intelligence (AI) server rack shipments this year, while adoption of its next-generation Vera Rubin 200 platform is to gradually gain momentum after the third quarter of the year, TrendForce Corp (集邦科技) said. Servers based on Nvidia’s GB300 chips entered mass production last quarter and they are expected to become the mainstay models for Taiwanese server manufacturers this year, Trendforce analyst Frank Kung (龔明德) said in an interview. This year is expected to be a breakout year for AI servers based on a variety of chips, as
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HSBC Bank Taiwan Ltd (匯豐台灣商銀) and the Taiwan High Prosecutors Office recently signed a memorandum of understanding (MOU) to enhance cooperation on the suspicious transaction analysis mechanism. This landmark agreement makes HSBC the first foreign bank in Taiwan to establish such a partnership with the High Prosecutors Office, underscoring its commitment to active anti-fraud initiatives, financial inclusion, and the “Treating Customers Fairly” principle. Through this deep public-private collaboration, both parties aim to co-create a secure financial ecosystem via early warning detection and precise fraud prevention technologies. At the signing ceremony, HSBC Taiwan CEO and head of banking Adam Chen (陳志堅)
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