Taiwan has rarely been regarded as a yachting destination on the world map, but it is believed to have potential for domestic yacht sales, as an increasing number of Taiwanese are becoming interested in yachting.
Taiwan’s yacht manufacturing industry is on the rise, said Han Pi-hsiang (韓碧祥), founder and CEO of the Greater Kaohsiung-based Jong Shyn Shipbuilding Corp (中信造船), who has been a strong supporter over the years of government plans to build yachting marinas.
SHOW STEALER
Photo: CNA
An exclusive yacht built by Han’s company at a cost of NT$300 million (US$10 million) stole the show at the inauguration of a marina at the Wushi (烏石) port in Yilan County on June 23. The ship, made with top-quality materials, is Han’s sample in his bid to attract global buyers.
After visiting the 30m long yacht in Yilan, Fisheries Agency Director-General James Sha (沙志一) praised the vessel as a work of excellent craftsmanship and attention to detail. He was particularly impressed by the marble floor, which he said is thinner than normal.
Han said he had already sailed the yacht to Qingdao, Shanghai and Hainan in China, as well as Hong Kong and Singapore, to take part in yacht expositions to promote Taiwan’s shipbuilding technology.
Having been in the business for several decades, Han said that Taiwan’s yacht-building techniques have been lifted to the “exquisite” level, but prices remain “fair” compared with European brands.
“Taiwanese work is substantive and on a par with Europe,” he said.
ECONOMIES
Optimistic about the outlook for Taiwan’s yacht industry, the veteran shipbuilder said he expects more Taiwanese to get involved with yachting — a big business in Europe, the US and Japan — thanks to the rise of Asia’s economies and the government’s relaxation of restrictions on recreational sailing along the coasts of Taiwan.
Of President Ma Ying-jeou’s (馬英九) i-Taiwan 12 public construction projects aimed at stimulating the nation’s economic growth, three fishing ports — Badouzi (八斗子) in Keelung, Wushi in Yilan and Anping (安平) in Greater Tainan — have been selected as locations for new marinas to help develop yachting in the nation.
The Badouzi Port Bisha Marina was inaugurated on Sept. 21 last year, while the Anping facility is expected to open next month, Han said, adding that he will take his boat there to help promote yachting.
CHIP RACE: Three years of overbroad export controls drove foreign competitors to pursue their own AI chips, and ‘cost US taxpayers billions of dollars,’ Nvidia said China has figured out the US strategy for allowing it to buy Nvidia Corp’s H200s and is rejecting the artificial intelligence (AI) chip in favor of domestically developed semiconductors, White House AI adviser David Sacks said, citing news reports. US President Donald Trump on Monday said that he would allow shipments of Nvidia’s H200 chips to China, part of an administration effort backed by Sacks to challenge Chinese tech champions such as Huawei Technologies Co (華為) by bringing US competition to their home market. On Friday, Sacks signaled that he was uncertain about whether that approach would work. “They’re rejecting our chips,” Sacks
NATIONAL SECURITY: Intel’s testing of ACM tools despite US government control ‘highlights egregious gaps in US technology protection policies,’ a former official said Chipmaker Intel Corp has tested chipmaking tools this year from a toolmaker with deep roots in China and two overseas units that were targeted by US sanctions, according to two sources with direct knowledge of the matter. Intel, which fended off calls for its CEO’s resignation from US President Donald Trump in August over his alleged ties to China, got the tools from ACM Research Inc, a Fremont, California-based producer of chipmaking equipment. Two of ACM’s units, based in Shanghai and South Korea, were among a number of firms barred last year from receiving US technology over claims they have
It is challenging to build infrastructure in much of Europe. Constrained budgets and polarized politics tend to undermine long-term projects, forcing officials to react to emergencies rather than plan for the future. Not in Austria. Today, the country is to officially open its Koralmbahn tunnel, the 5.9 billion euro (US$6.9 billion) centerpiece of a groundbreaking new railway that will eventually run from Poland’s Baltic coast to the Adriatic Sea, transforming travel within Austria and positioning the Alpine nation at the forefront of logistics in Europe. “It is Austria’s biggest socio-economic experiment in over a century,” said Eric Kirschner, an economist at Graz-based Joanneum
OPTION: Uber said it could provide higher pay for batch trips, if incentives for batching is not removed entirely, as the latter would force it to pass on the costs to consumers Uber Technologies Inc yesterday warned that proposed restrictions on batching orders and minimum wages could prompt a NT$20 delivery fee increase in Taiwan, as lower efficiency would drive up costs. Uber CEO Dara Khosrowshahi made the remarks yesterday during his visit to Taiwan. He is on a multileg trip to the region, which includes stops in South Korea and Japan. His visit coincided the release last month of the Ministry of Labor’s draft bill on the delivery sector, which aims to safeguard delivery workers’ rights and improve their welfare. The ministry set the minimum pay for local food delivery drivers at