The Central Taiwan Science Park Administration yesterday said it has gained approval to develop land in Taichung’s Houli District (后里), after 12 years of dealing with environmental disputes, which would ease a scarcity of land nationwide.
The park administration made the remarks after the Environmental Protection Administration (EPA) yesterday endorsed a second-phase environmental impact assessment, four years after it settled legal disputes with environmental activists and local residents.
The approval paves the way for the science park to build a manufacturing site for more optoelectronics, precision machinery, biotechnology and “green” energy companies, it said, adding that AU Optronics Corp (友達光電), the nation’s second-biggest LCD panel maker, would be one of the earliest manufacturers to make Houli its new home.
There is also a chance that Apple Inc’s camera lens supplier Largan Precision Co (大立光) might build a new production line there.
“We are approaching Largan to lease land in Houli,” Central Taiwan Science Park Director-General Chen Ming-huang (陳銘煌) said in a telephone interview. “It would be an optimal location for Largan to expand its capacity as it is only about 30 minutes from the firm’s headquarters.”
“As there is a scarcity of land nationwide, new applicants have been waiting in line for a long time to move in and to build new fabs in this area,” Chen said.
Topkey Corp (拓凱), which produces composite carbon fiber and resin, plans to invest NT$1.8 billion (US$60.22 million) on building production lines in Houli, Chen said, adding that camera lens maker Newmax Technology Co (新鉅科) also plans to invest about NT$2 billion there.
United Microelectronics Corp (UMC, 聯電) expects its addressable market to grow by a low single-digit percentage this year, lower than the overall foundry industry’s 15 percent expansion and the global semiconductor industry’s 10 percent growth, the contract chipmaker said yesterday after reporting the worst profit in four-and-a-half years in the fourth quarter of last year. Growth would be fueled by demand for artificial intelligence (AI) servers, a moderate recovery in consumer electronics and an increase in semiconductor content, UMC said. “UMC’s goal is to outgrow our addressable market while maintaining our structural profitability,” UMC copresident Jason Wang (王石) told an online earnings
Gudeng Precision Industrial Co (家登精密), the sole extreme ultraviolet (EUV) pod supplier to Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), is aiming to expand revenue to NT$10 billion (US$304.8 million) this year, as it expects the artificial intelligence (AI) boom to drive demand for wafer delivery pods and pods used in advanced packaging technology. That suggests the firm’s revenue could grow as much as 53 percent this year, after it posted a 28.91 percent increase to NT$6.55 billion last year, exceeding its 20 percent growth target. “We usually set an aggressive target internally to drive further growth. This year, our target is to
The TAIEX ended the Year of the Dragon yesterday up about 30 percent, led by contract chipmaker Taiwan Semiconductor Manufacturing Co (TSMC, 台積電). The benchmark index closed up 225.40 points, or 0.97 percent, at 23,525.41 on the last trading session of the Year of the Dragon before the Lunar New Year holiday ushers in the Year of the Snake. During the Year of the Dragon, the TAIEX rose 5,429.34 points, the highest ever, while the 30 percent increase in the year was the second-highest behind only a 30.84 percent gain in the Year of the Rat from Jan. 25, 2020, to Feb.
Cryptocurrencies gave a lukewarm reception to US President Donald Trump’s first policy moves on digital assets, notching small gains after he commissioned a report on regulation and a crypto reserve. Bitcoin has been broadly steady since Trump took office on Monday and was trading at about US$105,000 yesterday as some of the euphoria around a hoped-for revolution in cryptocurrency regulation ebbed. Smaller cryptocurrency ether has likewise had a fairly steady week, although was up 5 percent in the Asia day to US$3,420. Bitcoin had been one of the most spectacular “Trump trades” in financial markets, gaining 50 percent to break above US$100,000 and