An explosion at a Taiwanese-owned plant in China’s Jiangsu Province has killed seven people, Xinhua news agency reported yesterday, 10 days after a blast at a pesticide plant in the province killed 78 people and triggered a nationwide safety inspection campaign.
Yesterday’s blast involved a container of scrap metal that caught fire in a storage area of Kunshan Han Ding Precision Metal Co Ltd’s (昆山漢鼎精密金屬) metal-molding plant in a bonded area in Kunshan, Xinhua said.
The explosion triggered a fire that spread to a nearby workshop, the city government said on its microblog.
One of the injured was in serious condition, a local government post on social media said.
Photographs taken by Taiwanese in the area showed a dark mushroom cloud over the factory site, reaching hundreds of meters into the air.
Han Ding Precision, which was set up in 2004 as a wholly owned subsidiary of Taoyuan-based Waffer Technology Corp (華孚科技), employs about 2,500 workers.
Waffer manufactures magnesium alloy injection molding products, aluminum alloy die castings, and other components and finished products.
Kunshan, about 70km west of Shanghai, is home to more than 1,000 technology companies and manufacturers, including many Taiwanese firms.
China has clamped down on scrap metal imports as part of an environmental campaign against “foreign garbage,” tightening supply sources for metal producers, as it aims to cut solid waste imports by the end of next year.
Additional reporting by CNA
Singapore-based ride-hailing and delivery giant Grab Holdings Ltd has applied for regulatory approval to acquire the Taiwan operations of Germany-based Delivery Hero SE's Foodpanda in a deal valued at about US$600 million. Grab submitted the filing to the Fair Trade Commission on Friday last week, with the transaction subject to regulatory review and approval, the company said in a statement yesterday. Its independent governance structure would help foster a healthy and competitive market in Taiwan if the deal is approved, Grab said. Grab, which is listed on the NASDAQ, said in the filing that US-based Uber Technologies Inc holds about 13 percent of
The domestic unit of the Chinese-owned, Dutch-headquartered chipmaker Nexperia BV will soon be able to produce semiconductors locally within China, according to two company sources. Nexperia is at the center of a global tug-of-war over critical semiconductor technology, with a Dutch court in February ordering a probe into alleged mismanagement at the company. The geopolitical tussle has disrupted supply chains, with some carmakers reportedly forced to cut production due to chip shortages. Local production would allow Nexperia’s domestic arm, Nexperia Semiconductors (China) Ltd (安世半導體中國), to bypass restrictions in place since October on the supply of silicon wafers — etched with tiny components to
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday received government approval to deploy its advanced 3-nanometer (3nm) process at its second fab currently under construction in Japan, the Ministry of Economic Affairs said in a news release. The ministry green-lit the plan for the facility in Kumamoto, which is scheduled to start installing equipment and come online in 2028 with a monthly production capacity of 15,000 12-inch wafers, the ministry said. The Department of Investment Review in June 2024 authorized a US$5.26 billion investment for the facility, slated to manufacture 6- to 12nm chips, significantly less advanced than 3nm process. At a meeting with
Taiwan’s food delivery market could undergo a major shift if Singapore-based Grab Holdings Ltd completes its planned acquisition of Delivery Hero SE’s Foodpanda business in Taiwan, industry experts said. Grab on Monday last week announced it would acquire Foodpanda’s Taiwan operations for US$600 million. The deal is expected to be finalized in the second half of this year, with Grab aiming to complete user migration to its platform by the first half of next year. A duopoly between Uber Eats and Foodpanda dominates Taiwan’s delivery market, a structure that has remained intact since the Fair Trade Commission (FTC) blocked Uber Technologies Inc’s