The Executive Yuan yesterday resumed a high-level Science and Technology Advisory Board Meeting after a 12-year hiatus, as the government aims to seek recommendations from industry leaders to craft new strategies for the nation to enhance its global competitiveness over the next decade, the National Science and Technology Council (NSTC) said in a statement.
During the 31 meetings held between 1980 and 2011, the government had sought advice from science and technology experts to help build world-class industries from semiconductor and biological technology to information and communications technology, the statement said.
“We are now in an era where science and technology have become synonymous with national strength on a global scale,” President Tsai Ing-wen (蔡英文) said at the meeting in Taipei.
Photo: Tien Yu-hua, Taipei Times
The three-day meeting is to focus on two main themes — green technologies amid the global effort to move toward carbon neutrality and possible mutual enhancement between artificial intelligence (AI) and the semiconductor industry.
Premier Chen Chien-jen (陳建仁) and NSTC Minister Wu Tsung-tsong (吳政忠) are leading the meeting, while Academia Sinica President James Liao (廖俊智) is serving as the top technology adviser.
Meanwhile, Taiwan Semiconductor Manufacturing Co (台積電) chairman Mark Liu (劉德音) and MediaTek Inc chairman Rick Tsai (蔡明介) are among the advisers at this year’s meeting, along with National Taiwan University president Chen Wen-chang (陳文章), US Scripps Research Institute professor Wong Chi-huey (翁啟惠), Harvard University computer science professor Kung Hsiang-tsung (孔祥重).
Taiwan has built a resilient and comprehensive semiconductor supply chain not seen in the rest of the world. To safeguard that technology leadership, the NSTC has proposed spending NT$300 billion (US$9.52 billion) over the next 10 years on fostering semiconductor and AI start-ups, as well as creating bigger talent pools, the council said.
Chen Chien-jen said this year’s meeting would focus on green energy, and the semiconductor and AI technologies that are expected to have a major impact on society and its development in the next 10 to 20 years.
“We expect that the advisers’ professional and visionary advice, based on Taiwan’s own existing advantages, will bolster and ensure the continued prosperity of Taiwan’s tech sector,” he said, adding that next year’s budget for technology development is more than NT$150 billion, up 18 percent from this year.
The second day of the meeting is to focus on the net-zero industry, aiming to make Taiwan a model for the world, the council said.
Over the three days, the group would come up with both medium and long-term technology development strategies with the goal of helping Taiwan achieve the highest technical capabilities, it said.
CAUTIOUS RECOVERY: While the manufacturing sector returned to growth amid the US-China trade truce, firms remain wary as uncertainty clouds the outlook, the CIER said The local manufacturing sector returned to expansion last month, as the official purchasing managers’ index (PMI) rose 2.1 points to 51.0, driven by a temporary easing in US-China trade tensions, the Chung-Hua Institution for Economic Research (CIER, 中華經濟研究院) said yesterday. The PMI gauges the health of the manufacturing industry, with readings above 50 indicating expansion and those below 50 signaling contraction. “Firms are not as pessimistic as they were in April, but they remain far from optimistic,” CIER president Lien Hsien-ming (連賢明) said at a news conference. The full impact of US tariff decisions is unlikely to become clear until later this month
Popular vape brands such as Geek Bar might get more expensive in the US — if you can find them at all. Shipments of vapes from China to the US ground to a near halt last month from a year ago, official data showed, hit by US President Donald Trump’s tariffs and a crackdown on unauthorized e-cigarettes in the world’s biggest market for smoking alternatives. That includes Geek Bar, a brand of flavored vapes that is not authorized to sell in the US, but which had been widely available due to porous import controls. One retailer, who asked not to be named, because
CHIP DUTIES: TSMC said it voiced its concerns to Washington about tariffs, telling the US commerce department that it wants ‘fair treatment’ to protect its competitiveness Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday reiterated robust business prospects for this year as strong artificial intelligence (AI) chip demand from Nvidia Corp and other customers would absorb the impacts of US tariffs. “The impact of tariffs would be indirect, as the custom tax is the importers’ responsibility, not the exporters,” TSMC chairman and chief executive officer C.C. Wei (魏哲家) said at the chipmaker’s annual shareholders’ meeting in Hsinchu City. TSMC’s business could be affected if people become reluctant to buy electronics due to inflated prices, Wei said. In addition, the chipmaker has voiced its concern to the US Department of Commerce
STILL LOADED: Last year’s richest person, Quanta Computer Inc chairman Barry Lam, dropped to second place despite an 8 percent increase in his wealth to US$12.6 billion Staff writer, with CNA Daniel Tsai (蔡明忠) and Richard Tsai (蔡明興), the brothers who run Fubon Group (富邦集團), topped the Forbes list of Taiwan’s 50 richest people this year, released on Wednesday in New York. The magazine said that a stronger New Taiwan dollar pushed the combined wealth of Taiwan’s 50 richest people up 13 percent, from US$174 billion to US$197 billion, with 36 of the people on the list seeing their wealth increase. That came as Taiwan’s economy grew 4.6 percent last year, its fastest pace in three years, driven by the strong performance of the semiconductor industry, the magazine said. The Tsai