Acer Inc (宏碁) founder Stan Shih (施振榮) yesterday proposed that Taiwan should promote the development of “smart” cities through a public-private-people cooperation mechanism.
Addressing a seminar on the development of smart cities hosted by the Industrial Technology Research Institute’s (ITRI) Industrial Economics and Knowledge Center, Shih, in his capacity as an ITRI laureate, called for the pooling of resources from the government and the private sector to develop the concept.
Due to its advanced information and communications technology sector, as well as software and service architecture, Taiwan is on an advantageous footing compared with many other nations to develop smart cities, Shih said.
He also said that Taiwan should position itself as a “Silicon Island” and evolve into what he described as a “Silnnovation Island” if it intends to revive the prosperity it enjoyed as a “Technology Island.”
Taiwan is home to the world’s largest contract manufacturing firms, which grants it the title of a “Silicon Island,” Shih said.
Describing silicon as not only at the core of innovation, but also a vehicle for innovation, Shih said that based on its advantage in this area, Taiwan should seek to become a hub of global innovation.
The government should work to find a solution for younger generations by providing an environment featuring talent and industrial clusters and constant innovation in business models, Shih said.
As a “Silicon Island,” Taiwan can position itself as the “Silicon Valley of Asia” by taking advantage of the world’s largest Chinese-speaking market and Taiwan’s superior capability in innovation, he added.
RECYCLE: Taiwan would aid manufacturers in refining rare earths from discarded appliances, which would fit the nation’s circular economy goals, minister Kung said Taiwan would work with the US and Japan on a proposed cooperation initiative in response to Beijing’s newly announced rare earth export curbs, Minister of Economic Affairs Kung Ming-hsin (龔明鑫) said yesterday. China last week announced new restrictions requiring companies to obtain export licenses if their products contain more than 0.1 percent of Chinese-origin rare earths by value. US Secretary of the Treasury Scott Bessent on Wednesday responded by saying that Beijing was “unreliable” in its rare earths exports, adding that the US would “neither be commanded, nor controlled” by China, several media outlets reported. Japanese Minister of Finance Katsunobu Kato yesterday also
China Airlines Ltd (CAL, 中華航空) said it expects peak season effects in the fourth quarter to continue to boost demand for passenger flights and cargo services, after reporting its second-highest-ever September sales on Monday. The carrier said it posted NT$15.88 billion (US$517 million) in consolidated sales last month, trailing only September last year’s NT$16.01 billion. Last month, CAL generated NT$8.77 billion from its passenger flights and NT$5.37 billion from cargo services, it said. In the first nine months of this year, the carrier posted NT$154.93 billion in cumulative sales, up 2.62 percent from a year earlier, marking the second-highest level for the January-September
‘DRAMATIC AND POSITIVE’: AI growth would be better than it previously forecast and would stay robust even if the Chinese market became inaccessible for customers, it said Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday raised its full-year revenue growth outlook after posting record profit for last quarter, despite growing market concern about an artificial intelligence (AI) bubble. The company said it expects revenue to expand about 35 percent year-on-year, driven mainly by faster-than-expected demand for leading-edge chips for AI applications. The world’s biggest contract chipmaker in July projected that revenue this year would expand about 30 percent in US dollar terms. The company also slightly hiked its capital expenditure for this year to US$40 billion to US$42 billion, compared with US$38 billion to US$42 billion it set previously. “AI demand actually
Jensen Huang (黃仁勳), founder and CEO of US-based artificial intelligence chip designer Nvidia Corp and Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) on Friday celebrated the first Nvidia Blackwell wafer produced on US soil. Huang visited TSMC’s advanced wafer fab in the US state of Arizona and joined the Taiwanese chipmaker’s executives to witness the efforts to “build the infrastructure that powers the world’s AI factories, right here in America,” Nvidia said in a statement. At the event, Huang joined Y.L. Wang (王英郎), vice president of operations at TSMC, in signing their names on the Blackwell wafer to
RSS