EDITORIAL CARTOON
Taiwan Semiconductor Manufacturing Co (TSMC) founder Morris Chang (張忠謀) has repeatedly voiced concern over the weakening cost competitiveness of its US fabs and challenged the US’ “on-shore” policy of building domestic semiconductor capacity. Yet not once has the government said anything, even though the economy is highly dependent on the chip industry. In the US, the cost of operating a semiconductor factory is at least twice the amount required to operate one in Taiwan, rather than the 50 percent he had previously calculated, Chang said on Thursday last week at a forum arranged by CommonWealth Magazine. He said that he had
Former president Ma Ying-jeou (馬英九), also a former chairman of the Chinese Nationalist Party (KMT), has said that he plans to travel to China from Monday next week to April 7 to pay his respects to his ancestors in Hunan Province. The trip would mark the first cross-strait visit by a former president of the Republic of China (ROC) since its government’s retreat to Taiwan in 1949. Ma’s trip comes amid China’s increasing air and naval incursions into Taiwan’s air defense identification zone, and at a time when Chinese President Xi Jinping (習近平) continues to seek to annex Taiwan. Ma’s trip could be
The International Criminal Court (ICC) arrest warrant issued on Friday last week for Russian President Vladimir Putin delighted Uighurs, as Putin’s today signals Chinese President Xi Jinping’s (習近平) tomorrow. The crimes committed by Xi are many times more serious than what Putin has been accused of. Putin has caused more than 8 million people to flee Ukraine. By imprisoning more than 3 million Uighurs in concentration camps and restricting the movement of more than 10 million Uighurs, Xi has not only denied them the opportunity to live humanely, but also the opportunity to escape oppression. The 8 million Ukrainians who fled
Disruption is coming to the agriculture sector. Around the world, livestock farmers are leaving the land, policymakers are targeting the harmful environmental and social effects of industrial meat production, and consumers are shifting away from meat to embrace healthier, more sustainable alternatives. With the sector approaching a crossroads, decisionmakers in government, industry and civil society need to heed the lessons gained from major transitions in other industries and start preparing. Preparation requires a careful inventory of farmers, workers and consumers’ needs. While farmers are growing older and leaving the land for other pursuits or retirement, the agriculture sector is struggling to
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