ENERGY
Vote to affect a single plant
Only Ma-anshan Nuclear Power Plant in Pingtung County can be considered for delayed decommissioning, Deputy Minister of Economic Affairs Tseng Wen-sheng (曾文生) said yesterday. The plant is the only facility that can apply for a stay of decommissioning, as it has more than five years before its originally scheduled decommissioning, Tseng said, adding that the application deadline for the other two nuclear power plants has lapsed. Tseng’s comments came after voters passed a referendum that paves the way for the use of nuclear power beyond 2025. State-run Taiwan Power Co (Taipower, 台電) is ready to carry out the stay of decommissioning for Ma-anshan, once a decision is made by the government, a company spokesperson told the Taipei Times yesterday, adding that the technical aspects of the process would not pose as a major concern. Ma-anshan has enough capacity on site to safely store spent nuclear fuel rods to sustain operations through 2025, they said. The facility is also equipped with an advanced boiling-water reactor that produces only 10 percent as much spent fuel rods as older technologies, the spokesperson said.
CEMENT
Taiwan Cement shares fall
Shares in Taiwan Cement Corp (台灣水泥) yesterday fell 5.23 percent to NT$33 as the company completed the issuance of US$400 million in convertible bonds, the largest by any Asian cement company and the biggest in the past year by any Taiwanese company. The bonds are listed on the Singapore Exchange. They are linked to the New Taiwan dollar and have a conversion price of NT$41, representing a 16 percent premium over the stock’s NT$35.35 closing price on Monday. Taiwan Cement has raised about US$950 million, including US$549 million in global depositary receipts that the company issued in July.
ELECTRONICS
Containerized center set up
Delta Electronics Inc (台達電), yesterday announced that it shipped a containerized data center from the company’s manufacturing base in Wujiang, China, and installed it for the Singapore-based Campana Group in just 50 days. The energy-efficient, 200 kilowatt data center was set up in Yangon, Myanmar, as part of the Singapore-Myanmar International Submarine Cable Project, which targets Southeast Asia’s growing demand for online activities and digital life. Delta said that its containerized solution is highly scalable and can be deployed rapidly, as opposed to the two-year construction time required for traditional data centers. Over the past few years, containerized solutions have become the best choice for data centers used in edge computing and disaster recovery, Delta said.
DIGITAL PAYMENT
Jkos toasts politician’s loss
Jkos Network Co Ltd (街口網絡) founder and chief operating officer Kevin Hu (胡亦嘉) yesterday denied all wrongdoing over a spat with former Democratic Progressive Party Taipei City councilor Wang Wei-chung (王威中), who in March had cast doubt over the payment app’s security. Jkos celebrated Wang’s defeat in Saturday’s nine-in-one elections by offering its users a 20 percent cash rebate limited to NT$100 on a first-time purchase yesterday. Regarding Wang’s threat to take legal action against alleged election manipulation, Hu said that he did nothing wrong and that the cash rebate took place after the ballots were counted. Hu promised that Jkos would continue to celebrate any defeats Wang has in the future.
Napoleon Osorio is proud of being the first taxi driver to have accepted payment in bitcoin in the first country in the world to make the cryptocurrency legal tender: El Salvador. He credits Salvadoran President Nayib Bukele’s decision to bank on bitcoin three years ago with changing his life. “Before I was unemployed... And now I have my own business,” said the 39-year-old businessman, who uses an app to charge for rides in bitcoin and now runs his own car rental company. Three years ago the leader of the Central American nation took a huge gamble when he put bitcoin
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
PARTNERSHIPS: TSMC said it has been working with multiple memorychip makers for more than two years to provide a full spectrum of solutions to address AI demand Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday said it has been collaborating with multiple memorychip makers in high-bandwidth memory (HBM) used in artificial intelligence (AI) applications for more than two years, refuting South Korean media report's about an unprecedented partnership with Samsung Electronics Co. As Samsung is competing with TSMC for a bigger foundry business, any cooperation between the two technology heavyweights would catch the eyes of investors and experts in the semiconductor industry. “We have been working with memory partners, including Micron, Samsung Memory and SK Hynix, on HBM solutions for more than two years, aiming to advance 3D integrated circuit
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).
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