Taiwanese and Thai officials on Wednesday touted a potential for greater collaboration between the two countries on the manufacture of electric vehicles and the creation of a green economy at the opening of the annual Taiwan Expo in Thailand.
Bureau of Foreign Trade Deputy Director-General Lee Guann-jyh (李冠志) said during the virtual event that the two countries were already in tandem on some important matters, as indicated by the similarities between Taiwan’s “five plus two” innovative industries plan and Thailand’s Bio-Circular-Green economic model.
Both programs emphasize the use of green energy and seek to create a circular economy, Lee said.
The expo is being held in a hybrid format, with a physical site located at Siam Paragon shopping mall in Bangkok.
Trade between Taiwan and Thailand last year overcame the COVID-19 pandemic, rising to a historic high of US$12.98 billion and reflecting a close-knit industrial chain in which many sectors complement each other, Lee said.
Taiwan External Trade Development Council (TAITRA, 外貿協會) chairman James Huang (黃志芳) said that Taiwan is hoping for further collaboration with Thailand in the electric vehicle industry in particular.
The two sides share a goal of upgrading automobile manufacturing facilities, Huang said, adding that Taiwan aims to help Thailand boost its electric vehicle output to 30 percent of global automobile production by 2030.
Thailand Trade and Economic Office Deputy Director Sunh Arunrugstichai said that ties between his country and Taiwan have grown in the past few years, as evidenced by the number of Thai and Taiwanese nationals living in each other’s countries.
Arunrugstichai said that he hopes the expo would open up new possibilities for cooperation in science, industrial development and environmental sustainability.
This year’s expo, postponed for two years due to the COVID-19 pandemic, features “smart” medical services and manufacturing, low-carbon economies, domestic demand and consumption, and culture and tourism.
The expo features 11 pavilions at Siam Paragon shopping mall, TAITRA said.
ASML Holding NV’s new advanced chip machines have a daunting price tag, said Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), one of the Dutch company’s biggest clients. “The cost is very high,” TSMC senior vice president Kevin Zhang (張曉強) said at a technology symposium in Amsterdam on Tuesday, referring to ASML’s latest system known as high-NA extreme ultraviolet (EUV). “I like the high-NA EUV’s capability, but I don’t like the sticker price,” Zhang said. ASML’s new chip machine can imprint semiconductors with lines that are just 8 nanometers thick — 1.7 times smaller than the previous generation. The machines cost 350 million euros (US$378 million)
EXPLOSION: A driver who was transporting waste material from the site was hit by a blunt object after an uncontrolled pressure release and thrown 6m from the truck Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) said yesterday there was no damage to its facilities after an incident at its Arizona factory construction site where a waste disposal truck driver was transported to hospital. Firefighters responded to an explosion on Wednesday afternoon at the TSMC plant in Phoenix, the Arizona Republic reported, citing the local fire department. Cesar Anguiano-Guitron, 41, was transporting waste material from the project site and stopped to inspect the tank when he was made aware of a potential problem, a police report seen by Bloomberg News showed. Following an “uncontrolled pressure release,” he was hit by a blunt
Quanta Computer Inc (廣達), which makes servers and laptop computers on a contract basis, yesterday said it expects artificial intelligence (AI) devices to bring explosive growth to Taiwan’s electronics industry, as AI applications are starting to run on edge devices such as AI PCs. Taiwanese electronics manufacturers such as chipmakers, component suppliers and hardware assemblers are likely to benefit from a rapid uptake of AI applications, Mike Yang (楊麒令), president of Quanta Cloud Technology Inc (雲達科技), a server manufacturing arm of Quanta, told reporters on the sidelines of a technology forum in Taipei yesterday. “I believe the growth potential is promising once
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