J.W. Kuo (郭智輝), minister of economic affairs-designate and chairman of semiconductor raw materials and equipment supplier Topco Group (崇越集團), yesterday said he would prioritize a sufficient supply of electricity to businesses and supply chains that face urgent power needs after taking office on May 20.
Asked whether the government should extend the services of existing nuclear power plants or reactivate suspended power plants, Kuo said he could not make a judgement now, adding that the issue — if it has to be addressed — must be determined by all Taiwanese.
“The goal is to communicate with all users. Only after communicating and making sure everything is safe can we make a decision. Now there is no way to say what we would do,” the Chinese-language Liberty Times (the sister newspaper of the Taipei Times) quoted Kuo as saying on its Web site yesterday.
Photo: CNA
The minister-designate made the remarks on the sidelines of a launch ceremony in Chiayi County’s Puzih City (朴子), where Topco Quartz Products Co (崇越石英) is launching a NT$1.5 billion (US$46.3 million) investment project to support increasing demand from semiconductor companies and to bolster its revenue.
Kuo was named by premier-designate Cho Jung-tai (卓榮泰) on Tuesday as his choice for minister of economic affairs. Since then, Kuo has been visiting various industries, especially those with urgent need for water and electricity, as well as spending time with business owners, supply-chain firms and academics to get first-hand information on power consumption, the Liberty Times reported.
Kuo is to evaluate whether Taiwan is short of electricity and how much electricity is needed to meet the needs of industry, hoping to provide a complete report to the public after taking office next month.
Topco Quartz Products is a joint venture between Topco Group and Japan’s Shin-Etsu Quartz Products Co, which supplies quartz products used in chipmaking and electronic devices.
The Puzih factory is Topco Quartz Products’ third factory in Taiwan in addition to facilities in Hsinchu County’s Hukou Township (湖口) and Chiayi County’s Minsyong Township (民雄), as the company expands production capacity to meet increasing demand.
“The demand for high-purity quartz required for high-end processes has increased significantly in recent years, as semiconductor firms in various countries continue to expand production amid rising interest in artificial intelligence applications and growing geopolitical considerations,” the Liberty Times quoted Topco Group chief executive officer Daniel Wu (吳玉敏) as saying.
The company started the construction of the new factory in the Chiayi Machouhou Industrial Park (嘉義馬稠後產業園區) in 2021.
With an estimated annual production value of NT$2 billion, it would be the largest of its kind in Taiwan and one of the leading quartz suppliers in the world, the Chiayi County Government said in a statement yesterday.
The Puzih plant is expected to supply products to Taiwan Semiconductor Manufacturing Co’s (台積電) 3-nanometer and 5-nanometer fabs in the Southern Taiwan Science Park’s (南部科學園區) Tainan campus and support advanced chip packaging facilities in the science park’s Chiayi campus, while looking to export to overseas markets through Topco Group’s global network, the statement said.
Semiconductor shares in China surged yesterday after Reuters reported the US had ordered chipmaking giant Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) to halt shipments of advanced chips to Chinese customers, which investors believe could accelerate Beijing’s self-reliance efforts. TSMC yesterday started to suspend shipments of certain sophisticated chips to some Chinese clients after receiving a letter from the US Department of Commerce imposing export restrictions on those products, Reuters reported on Sunday, citing an unnamed source. The US imposed export restrictions on TSMC’s 7-nanometer or more advanced designs, Reuters reported. Investors figured that would encourage authorities to support China’s industry and bought shares
TECH WAR CONTINUES: The suspension of TSMC AI chips and GPUs would be a heavy blow to China’s chip designers and would affect its competitive edge Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), the world’s biggest contract chipmaker, is reportedly to halt supply of artificial intelligence (AI) chips and graphics processing units (GPUs) made on 7-nanometer or more advanced process technologies from next week in order to comply with US Department of Commerce rules. TSMC has sent e-mails to its Chinese AI customers, informing them about the suspension starting on Monday, Chinese online news outlet Ijiwei.com (愛集微) reported yesterday. The US Department of Commerce has not formally unveiled further semiconductor measures against China yet. “TSMC does not comment on market rumors. TSMC is a law-abiding company and we are
FLEXIBLE: Taiwan can develop its own ground station equipment, and has highly competitive manufacturers and suppliers with diversified production, the MOEA said The Ministry of Economic Affairs (MOEA) yesterday disputed reports that suppliers to US-based Space Exploration Technologies Corp (SpaceX) had been asked to move production out of Taiwan. Reuters had reported on Tuesday last week that Elon Musk-owned SpaceX had asked their manufacturers to produce outside of Taiwan given geopolitical risks and that at least one Taiwanese supplier had been pushed to relocate production to Vietnam. SpaceX’s requests place a renewed focus on the contentious relationship Musk has had with Taiwan, especially after he said last year that Taiwan is an “integral part” of China, sparking sharp criticism from Taiwanese authorities. The ministry said
US President Joe Biden’s administration is racing to complete CHIPS and Science Act agreements with companies such as Intel Corp and Samsung Electronics Co, aiming to shore up one of its signature initiatives before US president-elect Donald Trump enters the White House. The US Department of Commerce has allocated more than 90 percent of the US$39 billion in grants under the act, a landmark law enacted in 2022 designed to rebuild the domestic chip industry. However, the agency has only announced one binding agreement so far. The next two months would prove critical for more than 20 companies still in the process