Chunghwa Telecom Co (CHT, 中華電信) yesterday announced a NT$300 million (US$10.53 million) investment in Kaohsiung’s Asia New Bay Area (亞洲新灣區) along with 13 corporate partners to build information and communications technology (ICT), and 5G infrastructure in the area.
The investment is also aimed at developing new applications for 5G as part of the 5G AIoT (artificial intelligence of things) International Alliance, which the Kaohsiung City Government initiated on Nov. 30 last year, comprising the city government, some central government agencies, technology companies and telecoms.
Chunghwa Telecom was the first among the nation’s telecoms to obtain a 5G license from the government. It launched its 5G services on July 1 last year.
Photo: CNA
Chunghwa Telecom chairman Sheih Chi-mau (謝繼茂) told a news conference in Kaohsiung that its new investment would create more than 500 jobs over the next three years.
The project is a key part of Kaohsiung’s digital transition and would “let the world see Taiwan’s 5G capabilities,” Sheih said.
According to the company’s plan, Chunghwa Telecom would build a fiber-optic network in the Asia New Bay Area, construct cloud servers and create a 5G private network in the next three years.
The area would be a testing ground for new 5G applications, such as smart manufacturing, artificial reality/virtual reality, drone deliveries and other new applications, the company said.
Kaohsiung Mayor Chen Chi-mai (陳其邁) said that Chunghwa Telecom’s expertise with ICT would help Kaohsiung maximize its metropolitan capability.
“We hope Chunghwa Telecom will help push Kaohsiung’s digital transition and diversified industrial development forward, and accelerate the city’s development toward becoming a 5G smart port city,” Chen said.
Chunghwa Telecom’s 13 corporate partners include Microsoft Corp, Coretronic Corp (中光電), Jorjin Technologies Inc (佐臻), GoodLinker Co (谷林運算), Askey Computer Corp (亞旭電腦), Linker Networks Inc (寶蘊凌科), Techman Robot (達明機器人), iStaging Corp (愛實境) and WiAdvance Technology Co (緯謙科技).
Shares of contract chipmaker Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) came under pressure yesterday after a report that Apple Inc is looking to shift some orders from the Taiwanese company to Intel Corp. TSMC shares fell NT$55, or 2.4 percent, to close at NT$2,235 on the local main board, Taiwan Stock Exchange data showed. Despite the losses, TSMC is expected to continue to benefit from sound fundamentals, as it maintains a lead over its peers in high-end process development, analysts said. “The selling was a knee-jerk reaction to an Intel-Apple report over the weekend,” Mega International Investment Services Corp (兆豐國際投顧) analyst Alex Huang
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) is expected to remain Apple Inc’s primary chip manufacturing partner despite reports that Apple could shift some orders to Intel Corp, industry experts said yesterday. The comments came after The Wall Street Journal reported on Friday that Apple and Intel had reached a preliminary agreement following more than a year of negotiations for Intel to manufacture some chips for Apple devices. Taiwan Institute of Economic Research (台灣經濟研究院) economist Arisa Liu (劉佩真) said TSMC’s advanced packaging technologies, including integrated fan-out and chip-on-wafer-on-substrate, remain critical to the performance of Apple’s A-series and M-series chips. She said Intel and Samsung
TRANSITION: With the closure, the company would reorganize its Taiwanese unit to a sales and service-focused model, Bridgestone said Bridgestone Corp yesterday announced it would cease manufacturing operations at its tire plant in Hsinchu County’s Hukou Township (湖口), affecting more than 500 workers. Bridgestone Taiwan Co (台灣普利司通) said in a statement that the decision was based on the Tokyo-based tire maker’s adjustments to its global operational strategy and long-term market development considerations. The Taiwanese unit would be reorganized as part of the closure, effective yesterday, and all related production activities would be concluded, the statement said. Under the plan, Bridgestone would continue to deepen its presence in the Taiwanese market, while transitioning to a sales and service-focused business model, it added. The Hsinchu
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) has approved a capital budget of US$31.28 billion for production expansion to meet long-term development needs during the artificial intelligence (AI) boom. The company’s board meeting yesterday approved the capital appropriation plan for purposes such as the installation of advanced technology capacity and fab construction, the world’s largest contract chipmaker said in a statement. At an earnings conference last month, TSMC forecast that its capital expenditure for this year would be at the higher end of the US$52 billion to US$56 billion range it forecast in January in response to robust demand for 5G, AI and
RSS