The Industrial Technology Research Institute (ITRI, 工研院) and power management company AcBel Polytech Inc (康舒科技) on Tuesday signed a contract in a bid to develop next-generation electric vehicle power devices, the Ministry of Economic Affairs said.
The NT$44 million (US$1.37 million) joint investment plan to develop silicon carbide technologies would be subsidized by the government, the ministry said.
Silicon carbide is a high-efficiency semiconductor material that can help lower power consumption, the ITRI said, adding that similar projects would also fall under the partnership involving Fukuta Electric & Machinery Co (富田電機) and DiodSent Green Technology Co (達信綠能).
Photo courtesy of AcBel Polytech Inc
The ministry said it would invest NT$5 billion from next year to 2026 in the development of electric vehicles and their components, with the funds also to be used to develop system integration platforms and boost electric vehicle testing capacity, the ITRI added.
Global sales of new electric passenger vehicles would surpass those of internal combustion models by 2037, creating an output value of US$2.1 trillion, the ministry said.
The output value of Taiwan’s automobile industry reached NT$300 billion last year and is expected to double by 2025, it said.
NEW IDENTITY: Known for its software, India has expanded into hardware, with its semiconductor industry growing from US$38bn in 2023 to US$45bn to US$50bn India on Saturday inaugurated its first semiconductor assembly and test facility, a milestone in the government’s push to reduce dependence on foreign chipmakers and stake a claim in a sector dominated by China. Indian Prime Minister Narendra Modi opened US firm Micron Technology Inc’s semiconductor assembly, test and packaging unit in his home state of Gujarat, hailing the “dawn of a new era” for India’s technology ambitions. “When young Indians look back in the future, they will see this decade as the turning point in our tech future,” Modi told the event, which was broadcast on his YouTube channel. The plant would convert
Nanya Technology Corp (南亞科技) yesterday said the DRAM supply crunch could extend through 2028, as the artificial intelligence (AI) boom has led the world’s major memory makers to dramatically reduce production of standard DRAM and allocate a significant portion of their capacity for high-bandwidth memory (HBM) chips. The most severe supply constraints would stretch to the first half of next year due to “very limited” increases in new DRAM capacity worldwide, Nanya Technology president Lee Pei-ing (李培瑛) told a news briefing. The company plans to increase monthly 12-inch wafer capacity to 20,000 in the first half of 2028 after a
Property transactions in the nation’s six special municipalities plunged last month, as a lengthy Lunar New Year holiday combined with ongoing credit tightening dampened housing market activity, data compiled by local land administration offices released on Monday showed. The six cities recorded a total of 10,480 property transfers last month, down 42.5 percent from January and marking the second-lowest monthly level on record, the data showed. “The sharp drop largely reflected seasonal factors and tighter credit conditions,” Evertrust Rehouse Co (永慶房屋) deputy research manager Chen Chin-ping (陳金萍) said. The nine-day Lunar New Year holiday fell in February this year, reducing
New vehicle sales in Taiwan plunged about 37 percent sequentially last month as the long Lunar New Year holiday and 228 Peace Memorial Day holiday cut short the number of working days, along with the lingering uncertainty over import tax cuts on US vehicles, market researcher U-Car said in a report yesterday. New car sales last month totaled 22,043, slumping from 35,073 units in January and down 19.89 percent from 37,515 in February last year, U-Car data showed. Sales of imported luxury cars, led by Mercedes-Benz, plummeted about 45 percent to 3,109 units last month from 5,663 units in the previous month,
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