Investment by small and medium-sized enterprises (SME) has totaled NT$34.4 billion (US$1.13 billion) since a government program to help firms cope with the US-China trade dispute was launched in July, the Ministry of Economic Affairs said yesterday after it approved six companies’ applications for a combined investment of NT$1.5 billion.
Ua Wood Floors Inc (誌懋), a Yunlin County-based company which has provided wood flooring for prestigious buildings including the Pentagon and the Burj Khalifa in Dubai, United Arab Emirates, is to invest NT$200 million setting up a stone plastic composite floor manufacturing facility in the Chiayi Machouhou Industrial Park (嘉義馬稠後產業園區) which is to create 55 job opportunities, the ministry said.
Hosiery maker Chiun Jiun Enterprise Co Ltd (群竣實業) is to invest more than NT$80 million establishing a smart production facility in Changhua County’s Hosiery Industrial Park (彰化社頭織襪產業園區), the ministry said, adding that the company would create 13 job opportunities.
Built-in Precision Machine Co (妙印精機), which specializes in professional screen printing machines for the optoelectronic and printed circuit board industries, is to invest more than NT$200 million in a smart production facility in the Taichung Wufeng Industrial Park (臺中霧峰工業區) as the company looks to expand its capacity due to increasing market demand.
The firm also plans to set up a research-and-development center focused on artificial intelligence technologies, the ministry said, adding that 28 job opportunities are expected to be created.
Buffalo Machinery Co (達佛羅), which operates the brands Microcut and Axile that ensure high energy efficiency and high productivity of machinery equipment, is to invest more than NT$400 million in Taichung’s Daya District (大雅) setting up a five-axis machine tool facility.
The company is to create 74 job opportunities, the ministry said.
Taichung-based Hong Ming Casting Co (宏名鑄造) plans to invest NT$300 million setting up a new plant and installing a high-frequency induction furnace in Miaoli County’s Sanyi Township (三義).
Hong Ming plans to install smart machinery in the plant which would create 46 job opportunities, it said.
Hand tool manufacturer Rungsee Industry Co (龍熙企業) is to invest more than NT$100 million expanding its plant in the Taichung Dali Industrial Park (臺中大里工業區) by adding smart production lines and replacing equipment, it said, adding that the company would create 10 job opportunities.
The six companies would also receive assistance in areas such as financing, taxes and securing resources, including land, water and electricity, the ministry said.
The Executive Yuan is to increase the program’s budget from NT$20 billion to NT$100 billion, it said earlier this week.
SEMICONDUCTORS: The German laser and plasma generator company will expand its local services as its specialized offerings support Taiwan’s semiconductor industries Trumpf SE + Co KG, a global leader in supplying laser technology and plasma generators used in chip production, is expanding its investments in Taiwan in an effort to deeply integrate into the global semiconductor supply chain in the pursuit of growth. The company, headquartered in Ditzingen, Germany, has invested significantly in a newly inaugurated regional technical center for plasma generators in Taoyuan, its latest expansion in Taiwan after being engaged in various industries for more than 25 years. The center, the first of its kind Trumpf built outside Germany, aims to serve customers from Taiwan, Japan, Southeast Asia and South Korea,
Nvidia Corp chief executive officer Jensen Huang (黃仁勳) on Monday introduced the company’s latest supercomputer platform, featuring six new chips made by Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), saying that it is now “in full production.” “If Vera Rubin is going to be in time for this year, it must be in production by now, and so, today I can tell you that Vera Rubin is in full production,” Huang said during his keynote speech at CES in Las Vegas. The rollout of six concurrent chips for Vera Rubin — the company’s next-generation artificial intelligence (AI) computing platform — marks a strategic
Gasoline and diesel prices at domestic fuel stations are to fall NT$0.2 per liter this week, down for a second consecutive week, CPC Corp, Taiwan (台灣中油) and Formosa Petrochemical Corp (台塑石化) announced yesterday. Effective today, gasoline prices at CPC and Formosa stations are to drop to NT$26.4, NT$27.9 and NT$29.9 per liter for 92, 95 and 98-octane unleaded gasoline respectively, the companies said in separate statements. The price of premium diesel is to fall to NT$24.8 per liter at CPC stations and NT$24.6 at Formosa pumps, they said. The price adjustments came even as international crude oil prices rose last week, as traders
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), which supplies advanced chips to Nvidia Corp and Apple Inc, yesterday reported NT$1.046 trillion (US$33.1 billion) in revenue for last quarter, driven by constantly strong demand for artificial intelligence (AI) chips, falling in the upper end of its forecast. Based on TSMC’s financial guidance, revenue would expand about 22 percent sequentially to the range from US$32.2 billion to US$33.4 billion during the final quarter of 2024, it told investors in October last year. Last year in total, revenue jumped 31.61 percent to NT$3.81 trillion, compared with NT$2.89 trillion generated in the year before, according to
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