South Korean e-commerce giant Coupang Corp yesterday launched its second outlet in Taipei after opening its first in Zhongshan District (中山) in July.
The new site in Xinyi District (信義) suggests that Coupang, often described as “the Amazon of South Korea,” is to contest the app-based delivery space occupied by Foodpanda Taiwan Co (富胖達) and Uber Eats Taiwan.
Unlike its major rivals, Coupang does not deliver from restaurants, relying instead on warehouses, although Coupang’s delivery drivers use scooters as Uber Eats’ and Foodpanda’s do, zipping along streets after loading orders in a mounted storage box.
Photographer: SeongJoon Cho/Bloomberg
Coupang says it delivers within 15 minutes for orders to Songshan (松山), Daan (大安), Xinyi, Zhongshan and Datong (大同) districts.
The culture of the e-commerce market in Taiwan is quite mature, Coupang Taiwan general manager Angela Jian (簡心縈) said, adding that the company aims to keep optimizing its product offerings, prices and delivery times.
Coupang founder and chief executive officer Bom Kim said that he is excited by the opportunities in the Taiwanese market.
His focus is on the company’s ventures in Japan and Singapore, Kim said, adding that it plans to enter other regional markets, such as Malaysia.
SELF-SUFFICIENCY: Alibaba is one of a number of Chinese firms that has answered Beijing’s call to invest in the development of cutting-edge technologies Alibaba Group Holding Ltd (阿里巴巴) yesterday unveiled a new server chip that is based on advanced 5-nanometer technology, marking a milestone in China’s pursuit of semiconductor self-sufficiency. The Chinese tech giant’s newest chip is based on micro-architecture provided by the SoftBank Group Corp-owned Arm Ltd, it said. Alibaba, which is holding its annual cloud summit in Hangzhou, China, said that the chip is to be used in its own data centers in the “near future” and would not, for the time being, be sold commercially. “Customizing our own server chips is consistent with our ongoing efforts toward boosting our computing capabilities with better
Production at Taiwan Semiconductor Manufacturing Corp’s (TSMC, 台積電) fabs was not affected by a fire at a construction site for a water recycling facility in the Southern Taiwan Science Park in Tainan. The world’s biggest contract chipmaker said that the construction site is not adjacent to its fabs, which were unaffected. CTCI Corp (中鼎工程) is responsible for the construction of the facility, which it is to operate itself once it is completed, the chipmaker said. The facility caught fire at about 11am, and the blaze was brought under control about 30 minutes after the incident was reported, the Southern Taiwan Science Park Administration
‘SHORT-TERM ECONOMIC PAIN’: A military takeover would only temporarily weigh on wafer production on both sides of the Taiwan Strait, IC Insights said Taiwan has more chip manufacturing capacity than any other economy in the world, US-based market information advisory firm IC Insights said in a research paper last week, cautioning that the nation’s strength could prompt China to attempt to take over Taiwan. Taiwan commanded 21.4 percent of global installed IC capacity, ahead of South Korea’s 20.4 percent, Japan’s 15.8 percent and China’s 15.3 percent, North America’s 12.6 percent and Europe’s 5.7 percent, IC Insights said. Taiwan is one of two countries that uses 10-nanometer technology or better to produce wafers, holding 62.8 percent of global capacity, with South Korea holding the remaining 37.2
AGGRESSIVE STEP: With the new processors, Apple is aiming at the high-end chips Intel has provided for the MacBook Pro and other top-end Macs for about 15 years Apple Inc on Monday took the most aggressive step yet to strip Intel Corp chips from its computers, announcing more powerful homegrown Mac processors alongside a total revamp of its MacBook Pro laptop computers. The company showcased the chips at an event called “Unleashed,” which also included its latest audio products. The new components, called the M1 Pro and M1 Max chips, are 70 percent faster than its M1 predecessors, Apple said. It also unveiled a redesigned MacBook Pro, adding larger screens, MagSafe charging and better resolution. With the new processors and devices, Apple is aiming squarely at the high-end chips that Intel has