The Ministry of Economic Affairs yesterday said that details on the Taiwan-US Economic and Commercial Dialogue have not yet been decided, including whether the talks would be held online or US Undersecretary of State for Economic Growth, Energy and the Environment Keith Krach would visit Taiwan in person.
“I can confirm that [Krach] will be the host,” Minister of Economic Affairs Wang Mei-hua (王美花) told reporters. “However, the details still have to be worked out. With the ongoing COVID-19 crisis, things are more difficult.”
Wang also declined to give more information about the subject of the meeting or its potential impact on Taiwan-US trade.
Photo: CNA
Although she could not give more details about the talks, she said they are positive for Taiwan and could encourage more countries to follow suit.
Taiwan-US trade relations are “better than ever,” she said.
“We are in urgent need of taking steps outward,” Wang said. “The US has always been one of our most valued trade partners, and we hope the talks would be a good demonstration for other countries.”
“Taiwan is indeed in need of international exchanges and communication,” she added.
Wang said the visit by Krach for the economic and commercial dialogue is separate from the Trade and Investment Framework Agreement, which falls under the purview of the Office of the US Trade Representative.
Taiwan has seen a number of high-profile visits from international politicians, from the visit last month by US Secretary of Health and Human Services Alex Azar to the ongoing visit by a 90-member delegation headed by Czech Senate President Milos Vystrcil.
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), the world’s largest contract chipmaker, yesterday said its materials management head, Vanessa Lee (李文如), had tendered her resignation for personal reasons. The personnel adjustment takes effect tomorrow, TSMC said in a statement. The latest development came one month after Lee reportedly took leave from the middle of last month. Cliff Hou (侯永清), senior vice president and deputy cochief operating officer, is to concurrently take on the role of head of the materials management division, which has been under his supervision, TSMC said. Lee, who joined TSMC in 2022, was appointed senior director of materials management and
Nvidia Corp CEO Jensen Huang (黃仁勳) on Thursday met with US President Donald Trump at the White House, days before a planned trip to China by the head of the world’s most valuable chipmaker, people familiar with the matter said. Details of what the two men discussed were not immediately available, and the people familiar with the meeting declined to elaborate on the agenda. Spokespeople for the White House had no immediate comment. Nvidia declined to comment. Nvidia’s CEO has been vocal about the need for US companies to access the world’s largest semiconductor market and is a frequent visitor to China.
MAJOR CONTRIBUTOR: Revenue from AI servers made up more than 50 percent of Wistron’s total server revenue in the second quarter, the company said Wistron Corp (緯創) on Tuesday reported a 135.6 percent year-on-year surge in revenue for last month, driven by strong demand for artificial intelligence (AI) servers, with the momentum expected to extend into the third quarter. Revenue last month reached NT$209.18 billion (US$7.2 billion), a record high for June, bringing second-quarter revenue to NT$551.29 billion, a 129.47 percent annual increase, the company said. Revenue in the first half of the year totaled NT$897.77 billion, up 87.36 percent from a year earlier and also a record high for the period, it said. The company remains cautiously optimistic about AI server shipments in the third quarter,
Hypermarket chain Carrefour Taiwan and upscale supermarket chain Mia C’bon on Saturday announced the suspension of their partnership with Jkopay Co (街口支付), one of Taiwan’s largest digital payment providers, amid a lawsuit involving its parent company. Carrefour and Mia C’bon said they would notify customers once Jkopay services are reinstated. The two retailers joined an array of other firms in suspending their partnerships with Jkopay. On Friday night, popular beverage chain TP Tea (茶湯會) also suspended its use of the platform, urging customers to opt for alternative payment methods. Another drinks brand, Guiji (龜記), on Friday said that it is up to individual
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