The Taipei City Government and Nvidia Corp are to sign a contract before the Lunar New Year allowing the artificial intelligence (AI) chip designer to build its Taiwan headquarters in the Beitou Shilin Technology Park, Taipei Mayor Chiang Wan-an (蔣萬安) said yesterday.
Chiang, who previously said the contract signing for land rights to plots T17 and T18 in the technology park would take place between Feb. 10 and Feb. 15, gave the updated estimate to reporters while attending a Taipei MRT groundbreaking ceremony.
The Lunar New Year falls on Feb. 17 this year, although the nine-day holiday in Taiwan is to run from Saturday next week to Feb. 22.
Photo: Chang Chia-ming, Taipei Times
The Taipei City Government is scheduled to review the land rights plan and royalties for the contract with Nvidia today.
Once the review is complete, there would also be a subsequent valuation review, negotiations and contract signing procedures, with the final signing to take place before the Lunar New Year, Chiang said.
Nvidia CEO Jensen Huang (黃仁勳) wrapped up a four-day visit to Taiwan earlier this week, during which he attended a year-end party for Nvidia Taiwan staff and met with major suppliers, including Taiwan Semiconductor Manufacturing Co.
Meanwhile, the Taipei City Government held a Zone Expropriation and Land Consolidation Committee meeting yesterday afternoon to review the case’s land surface rights proposal and the royalty payments.
After the meeting ended, Taipei Deputy Mayor Lee Shu-chuan (李四川), who convened the meeting, told reporters that the royalty payments are not subject to public disclosure at this time, but the payment approved by the committee would be referred to the city government for negotiations with Nvidia.
Once negotiations are complete, the contract would be signed, marking the final step in this process, he said, adding that if negotiations proceed smoothly, the contract would be signed before Saturday next week, and that the land surface rights would follow a “50+20” year lease (a 50-year lease with a 20-year extension) principle.
The US House of Representatives yesterday passed the PROTECT Taiwan Act, which stipulates that Washington would exclude China from participating in major global financial organizations if its actions directly threaten Taiwan’s security. The bill, proposed by Republican US Representative Frank Lucas, passed with 395 votes in favor and two against. It stipulates that if China’s actions pose any threat to Taiwan’s security, economic or social systems, the US would, “to the maximum extent practicable,” exclude China from international financial institutions, including the G20, the Bank for International Settlements and the Financial Stability Board. The bill makes it clear that China
Garbage and recycling schedules are to vary from Saturday through Sunday next week over the Lunar New Year holiday period. The following collection information is from the governments of the six special municipalities. Taipei Regular service: Sunday to Monday next week. No service: Tuesday to Thursday next week. Extra service: Friday next week. Regular service resumes: Saturday next week. New Taipei City Extra service: Sunday. Adjusted collection time: Monday next week — garbage collection is to begin in the morning and end at 6pm. No service: Tuesday to Thursday next week. Regular service resumes: Friday next week. Note: Garbage can be dropped off at 70
A KFC branch in Kaohsiung may be fined between NT$60,000 and NT$200 million (US$1,907 and US$6.37 million), after a customer yesterday found an entire AAA battery inside an egg tart, the Kaohsiung Department of Health said today. The customer was about to microwave a box of egg tarts they had bought at the fast-food restaurant’s Nanzih (楠梓) branch when they checked the bottom and saw a dark shadow inside one of them, they said in a Threads post. The customer filmed themself taking the egg tart apart to reveal an entire AAA battery inside, which apparently showed signs of damage. Surveillance footage showed
GROUP EFFORT: The number of inbound travelers rose 11 to 12 percent last month, with a significant increase in tourists from Europe and North America, an official said The government aims to attract 9.4 million visitors this year, the Tourism Administration said yesterday, citing last year’s success in diversifying tourist markets. Taiwan last year drew about 8.57 million international arrivals, 72.3 percent of pre-COVID-19 levels. By contrast, the nation had about 18.94 million outbound tourists last year, surpassing the pre-COVID-19 level of 17.1 million. The estimated tourism revenue deficit was about NT$700.9 billion (US$22.22 billion). Taoyuan International Airport Corp expects more than 160,000 passengers to pass through the nation’s largest airport daily during the Lunar New Year holiday, which begins on Saturday. As of Jan. 30, the nation’s average hotel occupancy rate
RSS