Minister of Economic Affairs Shen Jong-chin (沈榮津) yesterday said the Ministry of Economic Affairs is working with the Ministry of Labor to provide more flexibility for enterprises regarding workweek rules.
“The government’s aim is to protect the interests of workers, but we also hope to give more flexibility to enterprises,” Shen told reporters ahead of a forum on data economics in Taipei.
Shen’s remarks came after Premier William Lai (賴清德) on Thursday told a news conference that the Executive Yuan plans to submit a draft amendment to the Labor Standards Act (勞動基準法) revising the controversial policy of a five-day workweek with “one fixed day off and one flexible rest day.”
It marked the first time the Cabinet clearly expressed that it is to revise the policy after the rules took effect in December last year.
The economics ministry has been gathering opinions from enterprises and business groups, Shen said, adding that it shared the opinions with the labor ministry.
The possible directions to revise the policy include increasing the maximum monthly overtime from 46 hours, Shen said.
He said the two ministries are also mulling a cap on total overtime hours in a three-month period or a six-month period, instead of setting a ceiling for maximum overtime on a monthly basis.
The government will consider amending the measure on how to calculate hourly rates for work on days off or holidays, as well as changing calculations for overtime pay, Shen said.
TECH RACE: The Chinese firm showed off its new Mate XT hours after the latest iPhone launch, but its price tag and limited supply could be drawbacks China’s Huawei Technologies Co (華為) yesterday unveiled the world’s first tri-foldable phone, as it seeks to expand its lead in the world’s biggest smartphone market and steal the spotlight from Apple Inc hours after it debuted a new iPhone. The Chinese tech giant showed off its new Mate XT, which users can fold three ways like an accordion screen door, during a launch ceremony in Shenzhen. The Mate XT comes in red and black and has a 10.2-inch display screen. At 3.6mm thick, it is the world’s slimmest foldable smartphone, Huawei said. The company’s Web site showed that it has garnered more than
CROSS-STRAIT TENSIONS: The US company could switch orders from TSMC to alternative suppliers, but that would lower chip quality, CEO Jensen Huang said Nvidia Corp CEO Jensen Huang (黃仁勳), whose products have become the hottest commodity in the technology world, on Wednesday said that the scramble for a limited amount of supply has frustrated some customers and raised tensions. “The demand on it is so great, and everyone wants to be first and everyone wants to be most,” he told the audience at a Goldman Sachs Group Inc technology conference in San Francisco. “We probably have more emotional customers today. Deservedly so. It’s tense. We’re trying to do the best we can.” Huang’s company is experiencing strong demand for its latest generation of chips, called
Vanguard International Semiconductor Corp (世界先進) and Episil Technologies Inc (漢磊) yesterday announced plans to jointly build an 8-inch fab to produce silicon carbide (SiC) chips through an equity acquisition deal. SiC chips offer higher efficiency and lower energy loss than pure silicon chips, and they are able to operate at higher temperatures. They have become crucial to the development of electric vehicles, artificial intelligence data centers, green energy storage and industrial devices. Vanguard, a contract chipmaker focused on making power management chips and driver ICs for displays, is to acquire a 13 percent stake in Episil for NT$2.48 billion (US$77.1 million).
ISSUES: Gogoro has been struggling with ballooning losses and was recently embroiled in alleged subsidy fraud, using Chinese-made components instead of locally made parts Gogoro Inc (睿能創意), the nation’s biggest electric scooter maker, yesterday said that its chairman and CEO Horace Luke (陸學森) has resigned amid chronic losses and probes into the company’s alleged involvement in subsidy fraud. The board of directors nominated Reuntex Group (潤泰集團) general counsel Tamon Tseng (曾夢達) as the company’s new chairman, Gogoro said in a statement. Ruentex is Gogoro’s biggest stakeholder. Gogoro Taiwan general manager Henry Chiang (姜家煒) is to serve as acting CEO during the interim period, the statement said. Luke’s departure came as a bombshell yesterday. As a company founder, he has played a key role in pushing for the