Advanced Semiconductor Engineering Inc (ASE, 日月光半導體) chairman Jason Chang (張虔生) promised yesterday that “every drop of wastewater” from the company will meet environmental standards in the future, Greater Kaohsiung Mayor Chen Chu (陳菊) said.
ASE is also expected to submit an improvement plan today on its wastewater treatment, as required by the Greater Kaohsiung’s Environmental Protection Bureau, so that the company can resume operations at its K7 plant as soon as possible, Chen said.
CLOSED-DOOR MEETING
Photo: Chang Chung-yi, Taipei Times
Chen made the remarks after a closed-door meeting with Chang and other senior ASE executives, including chief operating officer Tien Wu (吳田玉) and president Raymond Lo (羅瑞榮) of the company’s Greater Kaohsiung plant.
On Friday, the Environmental Protection Bureau ordered the closure of several assembly lines at ASE’s K7 plant in the city’s Nanzih Export Processing Zone.
The factory was caught in violation of environmental protection rules, discharging wastewater contaminated with heavy metals into the nearby Houjin River (後勁溪).
Chang said he hoped the plant could resume operations as soon as possible to safeguard the interests of ASE customers and workers, the mayor said.
The production lines responsible for the high levels of nickel found in the K7 plant’s wastewater were shut down, which affected 40 percent of the 5,000-strong workforce.
LOSS OF US$18 MILLION
ASE said on Friday the partial shutdown at the K7 plant may result in a monthly loss of up to US$18 million, adding that the plant accounts for about 9 percent of the company’s monthly sales.
Andrew Chen (陳治宇), an analyst with Yuanta Investment Consulting Co (元大投顧), said the semiconductor supply chain has one to two months of inventory to handle a drop in packaging and testing services caused by the shutdown.
Chen said as long as the lines can reopen soon, the impact on the supply chain will be limited.
Other analysts agreed, saying that by relocating some packaging and testing equipment to other plants in the Nanzih Export Processing Zone, or shifting production to another complex in Taoyuan County’s Jhongli (中壢), ASE would be able to tolerate the impact in the short term.
They added that the fourth quarter of this year and the first quarter of next year make up the slow season for the global IC industry.
The analysts also said that some integrated circuit (IC) designers have contacted ASE’s rivals to check the possibility of taking orders from these fabless IC suppliers if the K7 plant shutdown is lengthy.
Without a quick reopening, ASE would face difficulties retrieving orders lost to its rivals, including South Korea’s Amkor Technology Inc, Singapore’s STATS-ChipPAC Ltd and Taiwan’s Siliconware Precision Industries Inc (矽品精密), they added.
HSBC Holdings PLC is deepening its commitment to Taiwan as the economy emerges as one of the bank’s fastest-growing markets globally, driven by an artificial intelligence (AI) investment boom, expanding cross-border trade, and rising wealth creation. “The advantage that Taiwan has is a growth story linked to the semiconductor and broader AI industries, strong underlying corporate performance, and wealth creation,” said Surendra Rosha, HSBC’s co-chief executive for Asia and the Middle East, in an exclusive interview with the Taipei Times on June 2, during this year’s HSBC Taiwan Conference. That combination has helped HSBC cement its position as the most profitable international
Taiwanese firms have increased investment in the Philippines in recent years as Manila’s ties with Washington deepen and global supply chains continue to shift away from China, an expert at the Chung-Hua Institution for Economic Research (CIER, 中華經濟研究院) said yesterday. The Philippines had not been among Taiwanese investors’ top choices in Southeast Asia, CIER Taiwan ASEAN Studies Center director Kristy Hsu (徐遵慈) said at a seminar in Taipei. However, Taiwan’s investment in the country has grown significantly since the COVID-19 pandemic, reaching US $257 million last year, a high in recent years, she said. Although Taiwan’s total investment in the Philippines still lags
Intel Corp regards Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) as a longstanding partner, as the US chipmaker would continue outsourcing production of advanced chips to TSMC, Intel chief executive officer Lip-Bu Tan (陳立武) said yesterday. “I don’t look at people as competitors. I look at the collaboration... Nvidia is also, you know, a good friend,” Tan told a news conference following his keynote speech at the Computex trade show in Taipei. “It’s a very trusted partnership for us... We are a big, top customer for them, and we’re going to continue doing that,” he said, referring to TSMC, the world’s largest foundry
Hon Hai Precision Industry Co (鴻海精密) yesterday said it would work with US chipmaker Intel Corp to jointly develop and deploy next-generation artificial intelligence (AI) infrastructure and intelligent computing platforms in a move to capture booming demand for AI computing systems. Hon Hai, also known as Foxconn Technology Group (富士康), said in a statement that the partnership would combine its global manufacturing scale, system integration expertise and AI data center deployment capabilities with Intel’s strengths in processor architecture, silicon technologies and software ecosystem. The companies said they plan to work on equipment used in AI data centers, including server racks powered by