Taiwan Land Development Corp (台灣土地開發) has teamed up with Canada-based Cameron Thomson Group to build a studio park in Hualien County with a view to making it a local version of Hollywood.
The “Huallywood” project aims to create an end-to-end ecosystem in the scenic area to assist global film and TV producers by facilitating content development, production, distribution and monetization, Taiwan Land Development chairman Chiu Fu-sheng (邱復生) said.
The park is part of an ongoing development project in the Hualien Bay area that is to encompass a residential complex, hotels, movie theaters and recreational and retail spaces, Chiu said.
“Hualien has advantages to offer the world production market by creating the next generation of filming facilities for international producers,” said Chiu, who gained credentials in TV and film production before delving into property development.
The park might help local film and TV producers move into the spotlight, taking over as the nation’s main industry from the information technology and communications sectors, Chiu said.
Huallywood is to have eight sound stages of sizes including 3,000m2, 2,000m2, 1,500m2 and 500m2. It is also to have 20,000m2 of production and executive office space, as well as outdoor stages and other facilities, Taiwan Land Development said.
The film industry has entered the era of digitalization, where content development has gained more importance than distribution channels, Chiu said, adding that quality content allows Hollywood to maintain its lead position on the world stage.
“Content creators need advanced facilities, technology and production resources to increase cost efficiency,” Chiu said.
“Huallywood studios is designed to provide world-class facilities to cover every phase of production,” he said.
After its completion, the project will provide jobs for media production professionals in Taiwan and contribute to the national treasury, Chiu said.
Cameron Thomson Group president Ronald Thomson said the digital revolution and intellectual property-based content distribution have caused dramatic changes in the film and TV industry worldwide, driving producers to search for ways to produce better-quality content at lower costs.
“Efficiency enhancement is the key to survival for industry participants these days, and Huallywood intends to provide solutions covering aspects of finance, studio development, operation, production, post production, media asset management and content distribution into its value chain,” Thomson said in Taipei.
Cameron Thomson Group is a major provider of outsourced business development solutions for the media, entertainment and technology sectors.
Nvidia Corp’s demand for advanced packaging from Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) remains strong though the kind of technology it needs is changing, Nvidia CEO Jensen Huang (黃仁勳) said yesterday, after he was asked whether the company was cutting orders. Nvidia’s most advanced artificial intelligence (AI) chip, Blackwell, consists of multiple chips glued together using a complex chip-on-wafer-on-substrate (CoWoS) advanced packaging technology offered by TSMC, Nvidia’s main contract chipmaker. “As we move into Blackwell, we will use largely CoWoS-L. Of course, we’re still manufacturing Hopper, and Hopper will use CowoS-S. We will also transition the CoWoS-S capacity to CoWos-L,” Huang said
Nvidia Corp CEO Jensen Huang (黃仁勳) is expected to miss the inauguration of US president-elect Donald Trump on Monday, bucking a trend among high-profile US technology leaders. Huang is visiting East Asia this week, as he typically does around the time of the Lunar New Year, a person familiar with the situation said. He has never previously attended a US presidential inauguration, said the person, who asked not to be identified, because the plans have not been announced. That makes Nvidia an exception among the most valuable technology companies, most of which are sending cofounders or CEOs to the event. That includes
INDUSTRY LEADER: TSMC aims to continue outperforming the industry’s growth and makes 2025 another strong growth year, chairman and CEO C.C. Wei says Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), a major chip supplier to Nvidia Corp and Apple Inc, yesterday said it aims to grow revenue by about 25 percent this year, driven by robust demand for artificial intelligence (AI) chips. That means TSMC would continue to outpace the foundry industry’s 10 percent annual growth this year based on the chipmaker’s estimate. The chipmaker expects revenue from AI-related chips to double this year, extending a three-fold increase last year. The growth would quicken over the next five years at a compound annual growth rate of 45 percent, fueled by strong demand for the high-performance computing
TARIFF TRADE-OFF: Machinery exports to China dropped after Beijing ended its tariff reductions in June, while potential new tariffs fueled ‘front-loaded’ orders to the US The nation’s machinery exports to the US amounted to US$7.19 billion last year, surpassing the US$6.86 billion to China to become the largest export destination for the local machinery industry, the Taiwan Association of Machinery Industry (TAMI, 台灣機械公會) said in a report on Jan. 10. It came as some manufacturers brought forward or “front-loaded” US-bound shipments as required by customers ahead of potential tariffs imposed by the new US administration, the association said. During his campaign, US president-elect Donald Trump threatened tariffs of as high as 60 percent on Chinese goods and 10 percent to 20 percent on imports from other countries.