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  • TSMC sees orders hike as October revenue hits record levels

    Taiwan Semiconductor Manufacturing Company (TSMC) predicts a surge in artificial intelligence (AI) orders in the coming year, with October’s revenue reaching NT$243.203 billion ($8.6 billion), a 34.8 percent monthly increase and a 15.7 percent annual increase. TSMC’s stock price has also been on a steady rise, accumulating a growth of 7.5 percent since November. Morgan Stanley semiconductor research analyst Charlie Chan attributes TSMC’s revenue growth to signs of recovery and the robust demand for AI semiconductors worldwide. NVIDIA’s expanded order to TSMC, along with increased demand from clients like Apple and Advanced Micro Devices (AMD), has led TSMC to accelerate the enhancement of its advanced packaging technology, Chip on Wafer on Substrate (CoWoS). CoWoS enables TSMC to effectively reduce costs and trim electric consumption by packaging chiplets on a silicon interposer and placing them on a package substrate. However, TSMC’s current CoWoS capacity remains a bottleneck for NVIDIA’s AI GPU chips, though the company forecasts a rebound in productivity by the end of 2024 to meet customer demand.
    2023/11/16 21:24
  • NDC notes Taiwan’s breakthroughs in green energy transition

    The Taiwanese government is taking preemptive measures to achieve its goal of net-zero emissions by 2050. Premier Chen Chien-jen highlights the importance of a talented workforce and enhanced research in guiding industries towards a green energy transition. The government is also focused on strengthening strategies and providing better services for domestic industries. The National Development Council is actively removing obstacles to land acquisition for overseas businesses returning to Taiwan. The Ministry of Economic Affairs has proposed a plan to increase water supply capacity and promote the use of reclaimed and desalinated water. Additionally, the MOEA is investing in renewable energy infrastructure, particularly in solar and offshore wind power, with the aim of establishing high-performance offshore wind ports.
    2023/11/16 21:21
  • Taiwan’s faculty crisis: low salaries and talent drain

    Taiwan grapples with a faculty shortage due to low salaries. The Executive Yuan plans a NT$33.29B investment to address the issue, with private schools also increasing research funds.
    2023/11/16 20:01
  • ASVDA to host talks on Taiwan-Japan industry ties and EVs

    Amid strengthening industry ties between Taiwan and Japan, ASVDA plans discussions on EVs and smart technology. Gartner predicts a significant rise in global EV shipments, while the IEA foresees a major shift towards sustainable energy.
    2023/11/13 20:32
  • Data shows rise in negative perceptions of ruling DPP

    The Democratic Progressive Party (DPP) has seen a rise in negative perceptions due to disputes over imported eggs, according to data from the Taiwan Public Opinion Research Center (TPOC). The center analyzed online opinions from January to October and found that the DPP received more negative than positive reactions. Public dissatisfaction with the DPP is linked to disputes over imported eggs, tensions in the Taiwan Strait, fraud and cybersecurity concerns, and energy shortages. Other factors include unsafe pedestrian traffic, residential justice issues, subsidies for private schools, unclear labeling of American pork, and disputes over flu vaccination. Despite the diminishing lead, DPP presidential candidate Lai Ching-te remains ahead with over 60 days until the 2024 general election. All political parties must intensify their efforts to win public support as the election approaches.
    2023/11/13 11:37
  • NSTC head confirms Taiwan’s effort in global fusion research

    Taiwan’s Minister of Science and Technology Council (MOST) has acknowledged the country’s investments in high-temperature plasma and fusion research. While recognizing the potential of collaborating with overseas partners for the development of fusion power plants, the Minister stated that the current high cost of research funds makes it unfeasible at present. The issue was raised during an inquiry at the Executive Yuan Education and Culture Committee by Taiwan People’s Party (TPP) legislator Jang Chyi-lu, who expressed concerns about Taiwan’s ability to invest in nuclear fusion research. Jang highlighted the global interest in fusion power as a clean energy source. The Minister confirmed that Taiwan is actively advancing in controlled fusion research, particularly in magnetic confinement fusion, which aids in reducing carbon emissions. However, he cautioned that commercializing nuclear fusion may take 20 to 30 years. Kuomintang legislator Cheng Li-wun pointed out that the budget allocated for net-zero emissions research this year is significantly larger than the funds allocated for nuclear fusion research. Minister Wu acknowledged that Taiwan’s investment efforts in this area are conservative compared to other countries but did not rule out the possibility of participating in future global research opportunities.
    2023/11/10 21:42
  • Taiwan committed to democracy and freedom: President Tsai

    President Tsai Ing-wen emphasized Taiwan’s commitment to protecting freedom, democracy, and regional peace at the 2023 Taipei Security Dialogue. The event focused on key issues including China’s challenge to the global order and democracy, the influence of the Ukrainian-Russian war on global relations, and China’s expanding global influence. Tsai discussed strengthening self-defense capabilities, restoring compulsory military service, increasing the defense budget, and highlighted Taiwan’s first domestically produced submarine prototype. She drew examples from Ukraine’s resistance against Russian invasion and conflicts in the Middle East to highlight the impact of "grey zone" activity on stability in the Indo-Pacific region. Other attendees included high-ranking officials from Taiwan’s government and diplomats and experts from various countries.
    2023/11/08 20:37
  • Over 60% U.S. arms sales to Taiwan are traditional

    Over 60% of U.S. military sales owed to Taiwan consist of traditional capabilities, with F-16 fighter jets and M1 tanks accounting for over half of the total amount. This is according to data compiled by the Washington D.C.-based Cato Institute. The total U.S. arms sales backlog to Taiwan is NT$617.2 billion, as per data from the U.S. Defense Security Cooperation Agency (DSCA) and the Stockholm International Peace Research Institute (SIPRI). The Cato Institute further breaks down the U.S. arms sales backlog into three main categories: conventional, asymmetric, and munition capabilities, making up 63.2%, 22%, and 14.8% of the total backlog respectively. Uncompleted deliveries of traditional equipment amount to around NT$390 billion, while delayed asymmetric capabilities total about NT$135.9 billion, and munition accounts for approximately NT$91.3 billion. The dominance of traditional arms in the backlog consumes a large part of Taiwan’s limited defense resources, despite the U.S. government not officially releasing a detailed breakdown of the weapons sold to Taiwan.
    2023/11/07 18:32
  • Taipei Dialogue to address Indo-Pacific intimidation

    The Institute for National Defense and Security Research (INDSR) will host the "2023 Taipei Security Dialogue" on November 8th. Former U.S. Under Secretary of Defense for Policy, Michele Flournoy, and former U.S. Deputy National Security Advisor, Matthew Pottinger, will discuss the collective intimidation faced by Indo-Pacific nations. The event will feature virtual speeches focusing on measuring risks and situations in the Taiwan Strait. Scholars and experts from 10 countries, including the U.S., U.K., Germany, France, Czech Republic, and Japan, have been invited to address China’s challenges to global order and democracy. The dialogue will cover six themes, such as the Russo-Ukrainian War’s lessons and strategies for deterring China, implications for cross-strait relations, Chinese military and technological development, China’s global expansion, and a strategic environmental assessment of China. President Tsai Ing-wen is also scheduled to deliver a speech at the event.
    2023/11/07 17:56
  • 70 percent will fight if China attacks, study shows

    A paper published by the Washington-based think tank Global Taiwanese Institute reveals findings of mainstream public opinion on Taiwanese defense. The paper, titled "Conversations with the Taiwanese about Taiwan’s Defense," shows that 70 percent of Taiwanese are willing to fight in the event of a Chinese invasion, while 20 percent would leave and 10 percent would choose to surrender. The results are based on conversations conducted by Taiwanese-American U.S. Air Force captain Jimmy Chien during his six-week stay in Taiwan, which included discussions with university students and retirees. Chien’s research challenges the perception that increased military strength and pressure from China could lead to military action, as most Taiwanese do not consider this a likely scenario. He argues that Taiwanese people believe China must first address its domestic affairs before resorting to force against Taiwan. Chien also notes that Taiwanese people are aware that the U.S. military is unlikely to deploy troops in the event of a war, and therefore hope to receive non-combat aid, such as supplies and maintenance, from the U.S. as a show of support in battling enemy forces.
    2023/11/06 19:32
  • MOE to raise university professor academic research grants

    The Ministry of Education (MOE) in Taiwan will increase monthly academic research grants for professors, associate professors, and assistant professors at public universities starting next year. This move aims to address low wages for academic talent in Taiwan. The Executive Yuan has committed to investing NT$33.29 billion over the next five years to support this initiative. The research grants for teaching staff at public universities will increase by NT$6,000 to NT$9,000 per month. Additionally, the Ministry will invest an additional NT$860 million to encourage private universities to raise their faculty salaries, bridging the salary gap between public and private institutions. The efforts also include the introduction of new doctoral scholarships and subsidies for part-time teaching assistant positions for doctorate students. The MOE’s Department of Higher Education Director-General, Chu Chun-chang, stated that if private universities can increase academic research funding by 15%, the MOE will cover 70% of the cost. Furthermore, starting next year, the "flexible pay" system for outstanding teachers will be expanded, with increased subsidies.
    2023/11/06 16:20
  • Taiwan’s renewable energy market valued at billions

    The Industrial Technology Research Institute (ITRI) has announced an 8.6 percent rebound in output, driven by developments in solar and wind power. Taiwan’s renewable energy market is expected to reach NT$200 billion in 2024. This was revealed during an ITRI industry forum that focused on cross-discipline cooperation in carbon solution exchange. Jay Wang, Vice Director of ITRI Industrial Economics and Knowledge Center, highlighted the challenges faced by the global economy due to high inflation and interest rates, which have increased investment costs for renewable energy development. Wang emphasized the importance of renewable energy in achieving a net-zero economy by 2050, but noted that oversupply has resulted in lower prices and the need for different approaches. Despite these challenges, Taiwan has excelled in the development and innovation of renewable energy, particularly offshore wind power, with an accumulated capacity of 2GW to date.
    2023/11/03 21:39
  • Legislators, vet groups demand faster FIP meds approval

    Legislators and veterinarian groups in Taiwan are calling for an expedited process to grant treatment approval for Feline Infectious Peritonitis (FIP), a highly fatal disease for cats. FIP is particularly prevalent in cats with weakened immune systems, such as older or younger cats, and has an almost 100% mortality rate. Diagnosing and preventing the disease is challenging, and currently, there are no legal medications for FIP in Taiwan. Legislator Kao Chia-yu, in collaboration with veterinarian groups, is working to provide hope for cats suffering from FIP. Research has shown that GS-441524 tablets have curative effects, but the application process for animal medication has been halted due to the COVID-19 outbreak. During a press conference, the president of the Taiwan Academy of Veterinary Internal Medicine, Chung Sheng-hua, highlighted that Remdesivir, a COVID-19 medication, and Molnupiravir from MSD have also demonstrated effectiveness against FIP. Chung urged relevant authorities to expedite the legalization of these drugs to obtain the necessary animal medication permits.
    2023/11/03 21:26
  • Taiwan, NASA set up Asia Pacific AERONET Calibration Center

    The Ministry of Environment (MOENV) has established the Asia Pacific AERONET Calibration and Training Center (APAC) in collaboration with NASA. The center, located at the Lulin Atmospheric Background Station, aims to improve air quality monitoring data and contribute to climate change research. The project, co-run by the EPA, CWA, and TASA, will aid regional smog control and carbon reduction strategies, as well as elevate Taiwan’s global standing. The center will enhance Taiwanese scholars’ confidence in data mastery, research quality, and expert talent, increasing Taiwan’s international competitiveness and benefiting Southeast Asian nations. The calibration center is expected to enhance international cooperation and strengthen Southeast Asian countries’ capacity to use and analyze data. The data produced by AERONET will directly or indirectly contribute to global air quality and climate change research, highlighting Taiwan’s sustainable responsibility and proactive participation in environmental monitoring.
    2023/11/03 21:22
  • 害慘百萬客戶!FTX創辦人7項刑事罪成立 最長恐關115年

    曾是全球第二大加密貨幣交易平台、卻忽然破產垮台的「FTX」創辦人暨前CEO班克曼-佛瑞德(Sam Bankman-Fried,通稱SBF)在經過長達1個月的審判後被判有罪,其被指控的7項刑事罪名全部成立,有可能要面臨最高115年的監禁,陪審團接下來將決定這位前億萬富豪餘生的命運。
    2023/11/03 10:40
  • MOEA refutes Ko’s criticism of government’s energy policy

    Taiwan’s Ministry of Economic Affairs (MOEA) refutes Taiwan People’s Party (TPP) presidential candidate Ko Wen-je’s critique of the government’s photovoltaic policy. Ko had visited Tainan earlier in the day, criticizing the Democratic Progressive Party (DPP) for prioritizing anti-nuclear sentiments over responsible photovoltaic energy development.
    2023/10/29 13:21
  • Taiwan launches first domestically-made weather satellite

    Taiwan’s President Tsai Ing-wen announced the successful launch of Taiwan’s first domestically-produced weather satellite, the Triton. The satellite, completely "Made in Taiwan," signifies Taiwan’s advancement in the global space industry. President Tsai emphasized the government’s commitment to investing TWD 25.1 billion over the next decade to promote the space industry chain and cultivate talent in space technology. The Triton will enhance typhoon forecasting and facilitate scientific research in atmosphere, ocean, and terrestrial hydrometeorology. Its data collection is expected to revolutionize global meteorological observation and forecasting. President Tsai expressed her aspirations for Taiwanese manufacturing to expand towards space.
    2023/10/09 21:03
  • Lai Ching-te pledges to create 20,000 startup jobs

    Lai Ching-te, the presidential candidate from the Democratic Progressive Party (DPP), aims to create 20,000 new startup jobs within five years and raise startup investment to NT$150 billion annually. He plans to make Taiwan a net exporter of innovative solutions in a decade.
    2023/10/03 19:33
  • Study finds 30% of teachers unhappy, under high pressure

    Research on Taiwan’s Teachers’ Day reveals low teacher happiness levels, with 30% reporting unhappiness and high pressure, impacting education. Experts link pressure to a teacher shortage.
    2023/09/28 19:47
  • KMT’s Hou surpasses TPP’s Ko in presidential poll at 18.4%

    In a recent poll, Hou Yu-ih takes the lead over Ko Wen-je in the presidential race, while Lai Ching-te maintains his position as the frontrunner for the 2024 election in Taiwan. Get the latest updates on Taiwan’s political landscape.
    2023/09/21 16:28
  • 加密貨幣公司慘虧4千萬 竟是2工程師「領嘸獎金」搞鬼

    號稱全球前五大的加密貨幣量化交易團隊Kronos Research麒點科技公司,卻爆出2020年間慘虧140萬美元,相當於約4200萬台幣,而整起事件的起因竟還是公司內2名工程師,不滿沒有拿到獎金,就竄改模擬交易環境測試及預測分析的程式碼,讓公司的投資虛擬貨幣的決策,無法得到最佳組合或出現虧損。全案經台北地院審理後,判處陳男8月徒刑,另得易科罰金部分8月徒刑;許男則被判刑10月、得易科罰金。
    2023/08/26 11:39
  • 全球財富中位數排名出爐!台灣超越美日韓 人均財富逾27萬美元

    瑞信研究所(Credit Suisse Research Institute)公布的「2023年全球財富報告」顯示,台灣人均財富約27萬4000美元居全球第15名,財富中位數約10萬8000美元排第12位。
    2023/08/19 08:37
  • R&D Center shows TSMC’s commitment to keeping Taiwan roots

    Taiwan Semiconductor Manufacturing Company (TSMC) unveiled its global research-and-development center in Hsinchu County on July 28, showing its commitment to keeping its roots in Taiwan.
    2023/08/07 19:34
  • TSMC unveils cutting-edge global R&D center in Hsinchu

    Taiwan Semiconductor Manufacturing Company (TSMC) founder Morris Chang thanked the company’s research and development (R&D) team at the unveiling of its global R&D center in Hsinchu City on Friday (July 28). 
    2023/07/28 18:06
  • El Niño to bring stronger, longer-lasting typhoons: Experts

    The weather phenomenon has shifted from La Niña to El Niño, significantly impacting typhoon formation. Research by the European Union shows that typhoon probability decreases during El Niño, but their intensity increases.
    2023/07/26 16:54
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