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.
KEEPING UP: The acquisition of a cleanroom in Taiwan would enable Micron to increase production in a market where demand continues to outpace supply, a Micron official said Micron Technology Inc has signed a letter of intent to buy a fabrication site in Taiwan from Powerchip Semiconductor Manufacturing Corp (力積電) for US$1.8 billion to expand its production of memory chips. Micron would take control of the P5 site in Miaoli County’s Tongluo Township (銅鑼) and plans to ramp up DRAM production in phases after the transaction closes in the second quarter, the company said in a statement on Saturday. The acquisition includes an existing 12 inch fab cleanroom of 27,871m2 and would further position Micron to address growing global demand for memory solutions, the company said. Micron expects the transaction to
Vincent Wei led fellow Singaporean farmers around an empty Malaysian plot, laying out plans for a greenhouse and rows of leafy vegetables. What he pitched was not just space for crops, but a lifeline for growers struggling to make ends meet in a city-state with high prices and little vacant land. The future agriculture hub is part of a joint special economic zone launched last year by the two neighbors, expected to cost US$123 million and produce 10,000 tonnes of fresh produce annually. It is attracting Singaporean farmers with promises of cheaper land, labor and energy just over the border.
US actor Matthew McConaughey has filed recordings of his image and voice with US patent authorities to protect them from unauthorized usage by artificial intelligence (AI) platforms, a representative said earlier this week. Several video clips and audio recordings were registered by the commercial arm of the Just Keep Livin’ Foundation, a non-profit created by the Oscar-winning actor and his wife, Camila, according to the US Patent and Trademark Office database. Many artists are increasingly concerned about the uncontrolled use of their image via generative AI since the rollout of ChatGPT and other AI-powered tools. Several US states have adopted
A proposed billionaires’ tax in California has ignited a political uproar in Silicon Valley, with tech titans threatening to leave the state while California Governor Gavin Newsom of the Democratic Party maneuvers to defeat a levy that he fears would lead to an exodus of wealth. A technology mecca, California has more billionaires than any other US state — a few hundred, by some estimates. About half its personal income tax revenue, a financial backbone in the nearly US$350 billion budget, comes from the top 1 percent of earners. A large healthcare union is attempting to place a proposal before
RSS