Hon Hai Precision Industry Co (鴻海精密) yesterday announced the establishment of an industry group dedicated to cybersecurity for electric vehicles (EVs).
The E-Vehicle Cybersecurity Alliance, which was launched at a forum in Taipei by the Hon Hai Research Institute and the Chinese Cryptology and Information Security Association, would ensure that EVs are safe from hackers, Hon Hai chairman Young Liu (劉揚偉) said.
Taiwan’s business sector, research institutes and the government should work together to facilitate the development of data-secure vehicles, he added.
Photo: Chen Rou-chen, Taipei Times
“Hacking used to be a problem limited to computers, but in the age of 5G, everything can be hacked because everything is online,” Liu said. “It will be a key challenge in the next 10 or 20 years. If your vehicle is hacked, it can easily be stolen. It is not just an information technology problem, but the problem of every EV owner.”
Wu Tsung-cheng (吳宗成), a professor at National Taiwan University of Science and Technology, said that cybersecurity and privacy are indispensable in EV development.
The alliance would help build a safe and reliable environment for EV users, Wu said.
“US entrepreneur Marc Andreessen famously said that software is eating the world, but now software 2.0 is eating software 1.0,” Hon Hai chief technology officer William Wei (魏國張) said. “This means that instead of coding directly, programmers are using artificial intelligence to generate code.”
The Hon Hai Research Institute was inaugurated in January to focus on new technology development, including EVs. It has five main areas of research: artificial Intelligence, semiconductors, next-generation communications, cybersecurity and quantum computing.
Additional reporting by CNA
soft landing: The US’ rate-setting FOMC finds itself in a difficult situation as it seeks to address inflation through interest rate hikes while avoiding a recession The US Federal Reserve is widely expected to hold interest rates steady on Wednesday after a summer of mixed economic data, while leaving the door open to another hike if needed. The Fed has raised interest rates 11 times over the past 18 months, lifting its key lending rate to a level not seen for 22 years as it tackles inflation still stubbornly above its long-term target of 2 percent. Analysts and traders broadly expect the US central bank to hold rates steady on Wednesday in order to give policymakers more time to assess the health of the world’s largest economy. “We think
AI TREND: TSMC has been rapidly expanding capacity to meet a spike in demand for advanced packaging services, but still expects supplies to be tight for 18 months Arizona is in talks with Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) about advanced chip packaging, state Governor Katie Hobbs said yesterday, which is crucial for the manufacturing of artificial intelligence (AI) chips. TSMC, which is building a US$40 billion chip factory in the US state, has not announced plans to build facilities for advanced chip packaging in the US. Advanced packaging processes stitch multiple chips together into a single device, lowering the added cost of more powerful computing. “Part of our efforts at building the semiconductor ecosystem is focusing on advanced packaging, so we have several things in the works around that
At a sprawling South Korean arms factory on Friday, a high-tech production line of robots and super-skilled workers were rapidly churning out weapons that could, eventually, play a role in Ukraine. Since the Russian invasion last year, the Hanwha Aerospace factory in the southern city of Changwon has expanded production capacity three times, workers told reporters, as South Korea ramps up arms exports while traditional behemoths like the US struggle with production shortages. Longstanding domestic policy bars Seoul from selling weapons into active conflicts, but even so it signed deals worth US$17.3 billion last year, including a US$12.7 billion agreement with NATO
Tailwinds: Blockbuster earnings at Nvidia Corp have sparked hopes of a tech sector boom; Taiwanese chipmakers are hopeful benefits will come to them too The worst could be over for the New Taiwan dollar as China’s economic recovery and a rebound in the chip industry will support the beleaguered currency, analysts said. The NT dollar is on course to weaken for a sixth month, the longest stretch since 2006, after foreign funds turned sour on its technology sector and risk sentiment deteriorated on slower growth in China. The tide seems to be turning now on nascent signs of stabilization in China’s economy — its biggest trading partner — following policy boosts. The yuan emerged as the best-performing Asian currency last week, followed by the Japanese yen