The Department of Health (DOH) said yesterday it would ask fast food restaurants to change their cooking oil immediately if they fail on-the-spot tests for acid value.
“We have requested that our local bureaus increase the number of inspections of fast food restaurants,” Hsu Ching-hsin (許景鑫), spokesman for the Food Safety Bureau, said after a DOH meeting yesterday morning.
“Instead of granting them a grace period, inspectors will ask fast-food-chain operators to change the oil immediately if it fails a test,” he said.
Hsu said that the Bureau of Food and Drug Analysis was conducting a second arsenic test for McDonald’s and Domino’s after the two restaurants insisted that their own tests differed from that of the Taipei County Bureau of Health, which said their oil tested positive for arsenic.
The DOH said last night that results of its second test were negative.
Hsu said that the DOH had requested all local health bureaus to submit spare samples to the Bureau of Food and Drug Analysis for separate testing after inspecting fast food restaurants.
He said that the Taipei County Bureau of Health had inspected 10 fast food restaurants, including McDonald’s, MOS Burger, Domino’s and Burger King, again on Wednesday.
Spare samples from the 10 restaurants were submitted to the Bureau of Food and Drug Analysis, he said.
“Testing the oil for arsenic content was the primary goal,” Hsu said.
“We want to make sure that everything meets health standards,” he said.
He said the DOH was discussing new regulations on arsenic because current regulations only cover “new oil” and do not include “used oil.”
He said that inspectors from local health bureaus had launched large-scale random inspections of restaurants and food stalls that sell fried food.
Japanese technology giant Softbank Group Corp said Tuesday it has sold its stake in Nvidia Corp, raising US$5.8 billion to pour into other investments. It also reported its profit nearly tripled in the first half of this fiscal year from a year earlier. Tokyo-based Softbank said it sold the stake in Silicon Vally-based Nvidia last month, a move that reflects its shift in focus to OpenAI, owner of the artificial intelligence (AI) chatbot ChatGPT. Softbank reported its profit in the April-to-September period soared to about 2.5 trillion yen (about US$13 billion). Its sales for the six month period rose 7.7 percent year-on-year
CRESTING WAVE: Companies are still buying in, but the shivers in the market could be the first signs that the AI wave has peaked and the collapse is upon the world Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday reported a new monthly record of NT$367.47 billion (US$11.85 billion) in consolidated sales for last month thanks to global demand for artificial intelligence (AI) applications. Last month’s figure represented 16.9 percent annual growth, the slowest pace since February last year. On a monthly basis, sales rose 11 percent. Cumulative sales in the first 10 months of the year grew 33.8 percent year-on-year to NT$3.13 trillion, a record for the same period in the company’s history. However, the slowing growth in monthly sales last month highlights uncertainty over the sustainability of the AI boom even as
AI BOOST: Next year, the cloud and networking product business is expected to remain a key revenue pillar for the company, Hon Hai chairman Young Liu said Manufacturing giant Hon Hai Precision Industry Co (鴻海精密) yesterday posted its best third-quarter profit in the company’s history, backed by strong demand for artificial intelligence (AI) servers. Net profit expanded 17 percent annually to NT$57.67 billion (US$1.86 billion) from NT$44.36 billion, the company said. On a quarterly basis, net profit soared 30 percent from NT$44.36 billion, it said. Hon Hai, which is Apple Inc’s primary iPhone assembler and makes servers powered by Nvidia Corp’s AI accelerators, said earnings per share expanded to NT$4.15 from NT$3.55 a year earlier and NT$3.19 in the second quarter. Gross margin improved to 6.35 percent,
BUST FEARS: While a KMT legislator asked if an AI bubble could affect Taiwan, the DGBAS minister said the sector appears on track to continue growing The local property market has cooled down moderately following a series of credit control measures designed to contain speculation, the central bank said yesterday, while remaining tight-lipped about potential rule relaxations. Lawmakers in a meeting of the legislature’s Finance Committee voiced concerns to central bank officials that the credit control measures have adversely affected the government’s tax income and small and medium-sized property developers, with limited positive effects. Housing prices have been climbing since 2016, even when the central bank imposed its first set of control measures in 2020, Chinese Nationalist Party (KMT) Legislator Lo Ting-wei (羅廷瑋) said. “Since the second half of