China Development Financial Holdings (hereinafter referred to as “CDF”) has launched its 11th consecutive “Love for You” charity initiative, which has received an overwhelming response from employees, resulting in an order amount of NT$1.09 million. CDF has been promoting this initiative for over a decade to support employment opportunities for people with disabilities. This year, CDF has partnered with Hua-kuang Social Welfare Foundation’s bakery and TriBake Social Enterprise to fulfill its commitment to charity for the entire year.
Mr. Shenzhu Chou, Director at Hua-kuang Social Welfare Foundation has praised CDF as their most reliable charitable partner, as this program provides vocational training to disabled residents of the institute, enabling them to develop their employment skills. In recent years, the foundation has trained disabled individuals in various jobs such as car washing at gas stations, working in restaurants, and packing lunches in catering companies. This not only provides them with opportunities to integrate into community life but also helps to earn them recognition and dignity. In addition to regular training, disabled individuals working in the bakery are also led by baking teachers to make heart-shaped bread to give to disadvantaged children in remote areas, enabling them to use their abilities to help others.
TriBake Social Enterprise, a participant in the “Love for You” charity initiative for two years, produces delectable cookies and cakes using natural ingredients without any artificial additives. Lin-lin Li, the operation manager of TriBake, mentioned that CDF placed an order for snacks for the entire year at the beginning of the year. Each shipment was completed by more than 20 working partners in three sheltered workshops in Taipei, providing stable, friendly, and inclusive employment opportunities for disabled individuals.
Photo: China Development Financial Holdings
Angelo Koo, the chairman of the China Development Foundation, has been advocating for social welfare and focusing on employment concerns for individuals with disabilities. For 11 years in a row, the foundation and CDF have urged their employees to support the “Love for You” charity initiative, which enables disabled individuals to acquire life skills and attain stable employment opportunities, all for a monthly contribution of only NT$ 100. In addition, participants receive a bag of nutritious and delectable snacks, thereby demonstrating their commitment to effecting positive social impact through concrete actions.
This year, employees who participate will receive a limited edition desk calendar designed by Chou Peichen, a promising calligrapher who has been nurtured by the China Development Foundation for Education and Culture’s Skills and Expertise Scholarship. The calendar is filled with the strong imagery of the Year of the Dragon and has been highly praised by many employees as the best New Year’s gift.
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
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.
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