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  • Lai champions AI, green tech in Taiwan’s ICT push

    Vice President Lai Ching-te engages in discussions with ICT industry leaders at Hwa Ya Technology Park in Taoyuan, emphasizing Taiwan’s pivotal role in the global AI revolution amidst the U.S.-China tech war. NVIDIA CEO Jensen Huang highlights Taiwan’s significance in the new AI era, urging collective efforts to solidify Taiwan’s global standing. Lai’s visits and dialogues with industry players signal a collaborative approach to strategic industry planning.
    2024/03/26 16:55
  • Taiwan youth grapples with high house prices and low wages

    Discover how Taiwan’s young population is navigating the challenging landscape of high house prices and stagnant wages, despite the country’s strong purchasing power, and the call for government action to address these issues.
    2024/03/06 08:00
  • Taiwan’s MOEA to aid Taipower’s budget crisis

    The Minister of Economic Affairs, Wang Mei-hua, plans to help Taiwan Power Company (Taipower) seek budgetary support from the Executive Yuan to alleviate its financial distress. Taipower reached out to the Ministry of Economic Affairs (MOEA) for assistance, citing escalating international fuel prices caused by the Russia-Ukraine war. Other global power companies, such as Korea Electric Power Corporation (KEPCO), Tokyo Electric Power Company (TEPCO), and Électricité de France (EDF), have already experienced significant price hikes. Taipower’s rates are relatively low compared to the cost of power generation, resulting in policy-driven losses. As of 2023, Taipower has accumulated losses of NT$382.6 billion due to absorbing price increases to protect Taiwan from global inflation. The MOEA disclosed that Taipower and the CPC Corporation have discrepancies in predicting natural gas prices, leading Taipower to observe international coal prices for cost estimates in 2024. While mitigating Taipower’s financial woes in the short term poses challenges, Wang aims to prevent further losses. The MOEA will assist Taipower in lobbying the government for budget support once financial situation estimates are finalized. The decision to adjust electricity prices will be made by the Electricity Price Review Committee.
    2024/01/23 13:09
  • ITRI and TSMC unveil breakthrough SOT-MRAM chip technology

    ITRI and TSMC are partnering to develop a SOT-MRAM array chip with lower power consumption and faster operation than STT-MRAM. The new design has potential applications in in-memory computation and is expected to advance the field of high-speed semiconductors. The General Director of ITRI’s Electronic and Optoelectronic System Research Laboratories, Chang Shih-chieh, highlighted the chip’s low power consumption and quick 10-nanosecond operating time, which enable improved computational efficiency and expand the potential applications beyond traditional memory-oriented scenarios. The research results were presented at the IEDM, showcasing the technology’s potential for high-performance computing, artificial intelligence, and automotive chips. Additionally, ITRI’s focus on non-volatile memory technologies demonstrates their commitment to pushing the boundaries of the domestic semiconductor markets and exploring new areas of application.
    2024/01/17 14:58
  • Ko highlights Taiwan’s challenges under DPP rule

    Taipei mayoral candidate Ko Wen-je criticized the Democratic Progressive Party’s (DPP) governance in Taiwan, pointing out various shortcomings such as shortages of land, water, electricity, talent, and labor during Lai Ching-te’s tenure as premier. Ko also claimed that Taiwan is currently lacking eggs, pork, vaccines, health screening resources, and even toilet paper. He further highlighted present issues including low birthrates, national security risks from an aging population, wage stagnation, inflation, slow industrial transformation, and high housing costs. Ko accused the government of not allocating special budgets for expenditures, resulting in an alleged surplus of NT$900 billion, and criticized their lack of transparency. He expressed disappointment with the DPP’s failure to address issues left by the Kuomintang (KMT) after eight years in power. Additionally, Ko mentioned that Taiwanese people generally feel insecure about the current status of the Taiwan Strait, which has caused societal discord, political factions, and cross-strait unrest.
    2023/12/30 17:05
  • TPP’s Ko calls for change in leadership

    Taipei mayoral candidate Ko Wen-je criticizes the lack of long-term vision and planning in economic policy by the Democratic Progressive Party (DPP) and Kuomintang (KMT). Despite a 120% increase in Taiwan’s GDP since 2000, real wages have only increased by 4% and the country ranks sixth in total working hours globally. Ko believes that low wages and poor living conditions are not the fault of Taiwanese people but rather the result of the government’s lack of global strategic planning. He questions what keyword might define 2024 if the DPP and KMT continue to be in power, and asserts that a change in leadership is needed. Ko suggests that he should be elected president in 2024 to address these ongoing issues, emphasizing the absence of comprehensive strategic planning as the underlying reason behind the problems.
    2023/12/26 18:18
  • TVBS Charity draws over 100 to spread love and support

    The TVBS Charity Foundation hosted its fifth fundraising party in Fengshan, Kaohsiung, in collaboration with the Chinese Christian Relief Association (CCRA). Over a hundred participants gathered to review the spread of love in Kaohsiung and Pingtung, with the theme of "Sharing Endless Love" at the heart of the event. The party aimed to express gratitude to churches, social welfare workers, and beneficiaries for their collaboration throughout the year. Kaohsiung City Government Deputy Secretary-General Chang Chiah-sing thanked the TVBS Foundation and the city government’s Social Affairs Bureau for their continuous support, which has aided local social charities and cared for about 12,000 middle and low-income households. Pastor Wang Chung-wu of The Presbyterian Church in Taiwan shared that the "Endless Love" project helped approximately 100 households, thanks to the enthusiastic participation of brothers and sisters. President Chen Wen-ch’i of the TVBS Foundation expressed gratitude to Jesus for allowing everyone to understand the meaning of love and the essence of Christmas, while acknowledging the event’s role in expanding the power of love.
    2023/12/11 21:04
  • MOEA embraces tech innovations amid strong ties with Japan

    The Minister of Economic Affairs praised the growing industry ties between Taiwan and Japan at the 2023 Japan-Taiwan Image Exhibition. Investments from Japanese companies such as Ebara, Fujifilm, and semiconductor factories are expected to contribute significantly to Taiwan’s economy, reaching a value of NTD$10 billion. Japan’s interest in Taiwan’s semiconductor industry, particularly TSMC’s projects in Kumamoto, suggests the potential for future collaboration. Minister Wang Mei-hua emphasized the importance of adopting low-carbon and smart technologies for a sustainable future, aligning with Japan’s smart city initiatives. She also highlighted the potential of hydrogen power, urging Taiwan to follow Japan’s lead in developing new technologies and exploring infrastructure partnerships.
    2023/11/13 12:10
  • Renewable energy becomes focus ahead of 2024 elections

    Presidential candidates in Taiwan have unveiled energy policies that prioritize renewable energy and low-carbon gas as bridging fuels. Taipower, the national power company, has announced plans to accelerate the construction of gas turbine units across the country. The Hsieh-Ho Power Plant, which supplies electricity to the northern region, is currently undergoing an environmental impact assessment. Shifting from oil to gas can reduce air pollution by 96% and greenhouse gas emissions by 52%. In recent years, the government, private sector, and Taipower have made significant efforts to increase the capacity of renewable energy devices. As of September this year, the cumulative capacity of photovoltaic installations exceeded 11.55 million kilowatts, and wind power reached 2,583,000 kilowatts. By prioritizing green energy and using gas, Taipower has reduced air pollution emissions from thermal power plants by 60%, dropping from approximately 107,000 metric tons in 2016 to about 42,000 metric tons in 2022.
    2023/11/04 14:02
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