Advanced Semiconductor Engineering Inc (ASE, 日月光半導體), the world’s top chip packager, yesterday said its chip testing and packaging plant in Chungli (中壢) is operating normally, dismissing media speculation that it was forced to shut down the factory because it had violated wastewater discharging rules.
ASE, which has recently been dogged by a series of wastewater treatment problems, said three pieces of wafer slicing equipment were not in operation after officials from the Taoyuan County Environment Protection Bureau found on Friday that the company had illegally discharged wastewater via an faulty pipeline system, according to a company filing to the Taiwan Stock Exchange.
The comments came after the Chinese-language Apple Daily reported yesterday that operations at one of ASE’s chip testing and packaging plants in Chungli were suspended after the bureau’s officials examined the company’s wastewater treatment system and found that it discharged untreated wastewater from the plant on Friday.
In yesterday’s statement, ASE said it revised the pipeline system and planned to submit a wastewater improvement proposal today as requested by the agency in an effort to restart operations of the affected wafer slicing machines.
The three wafer slicing machines were installed in October, the company said.
PH TESTING
Testing showed that the pH value of the wastewater was 8.07, within the regulatory range of pH6 to pH9, ASE said, citing the result from the bureau. No heavy metal was found in the wastewater, it said.
ASE said it treats and recycles its wastewater.
The chip testing and packaging service provider said it has spent NT$1 billion (US$33.8 million) in wastewater control and treatment facilities at its Chungli plant over the past years.
MANAGING RISKS: Taiwan has secured LNG sufficient to cover 95 percent of electricity demand for next month, UBS said, describing the government’s approach as proactive UBS Group AG has raised its forecast for Taiwan’s economic growth this year to 8 percent, up from 6.9 percent previously, and said expansion could reach as high as 8.6 percent if external energy shocks are avoided. The upgrade reflects a stronger-than-expected first-quarter performance and sustained momentum in artificial intelligence (AI)-driven exports, which UBS said are providing a firm foundation for growth despite geopolitical and energy risks. Taiwan’s GDP expanded 13.69 percent year-on-year in the first quarter, the fastest growth since the second quarter of 1987, the Directorate-General of Budget, Accounting and Statistics (DGBAS) reported on Thursday. On a seasonally
Ryanair, Transavia, Volotea and other low-cost airlines are feeling the financial pain from high jet fuel prices as a result of the Middle East war and are cutting flights. The closure of the Strait of Hormuz has taken a huge chunk of oil supplies off the market, sending the price of jet fuel soaring and triggering fears of shortages that could force airlines to cancel flights. Airlines are not waiting for a lack of supplies to react. “Travel alert: Airlines are cutting thousands of flights right now,” Travel Therapy host Karen Schaler said in an Instagram reel this past weekend.
Shares of Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) have repeatedly hit new highs, but an equity analyst said the stock’s valuation remains within a reasonable range and any pullback would likely be technical. The contract chipmaker’s historical price-to-earnings (P/E) ratio has ranged between 20 and 30, Cathay Futures Consultant Co (國泰證期) analyst Tsai Ming-han (蔡明翰) told Central News Agency. With market consensus projecting that TSMC would post earnings per share of about NT$100 (US$3.17) this year, supported by strong global demand for artificial intelligence (AI) applications, and the stock currently trading at a P/E ratio of below 25, Tsai said the valuation
The US Department of Commerce last week ordered multiple chip equipment companies to halt shipments of certain tools to China’s second-largest chipmaker, Hua Hong Semiconductor Ltd (華虹半導體), its latest action to slow the country’s development of advanced chips, two people familiar with the matter said. The department sent letters to at least a handful of companies informing them of restrictions on tools and other materials destined for two Hua Hong facilities US officials believe make China’s most sophisticated chips, the people said. Top US chip equipment companies Lam Research Corp, Applied Materials Inc and KLA Corp, each of which has significant