KGI Financial (KGIF) has demonstrated its commitment to corporate social responsibility by organizing a series of Christmas charity events under the leadership of China Development Foundation Chairman, Angelo J. Y. Koo. The events included two charity markets featuring 60 participants from disaster-stricken areas in Hualien, social welfare organizations, local revitalization teams, and local farmers. The enthusiastic participation of the group’s employees resulted in sales exceeding NT$3 million, setting a new record for the charity market and highlighting the peak of KGIF’s ESG synergy.
The KGIF Christmas Charity Month began with the lighting of the Christmas tree, marking the start of the charitable activities. Every Friday leading up to Christmas, charity market events were held around the Christmas tree at the group’s headquarters. Performances by the dance class of Yongle Elementary School in Taipei showcased the achievements of the “Dance 100” project by the group’s China Development Foundation. This project aims to nurture young dancers’; creativity and promote dance in elementary schools, encouraging teachers and students to cultivate an appreciation for dance arts. The “Animal Rhapsody” performance by Yongle Elementary School was choreographed by young dancer Li, Jiaming, a long-time beneficiary of the Foundation, to the music of the renowned band “Mayday.”
This year’s charity market has set up a special Hualien zone to support local industries continuously affected by earthquakes and typhoons. Among them, National Dong Hwa University is selling local smallholders’ honey at the market to raise funds for the school. Earlier this year, the University’s College of Science and Engineering laboratories were severely damaged by an earthquake. Chairman Koo of the China Development Foundation promptly assessed the disaster, and the foundation donated NT 14 million for reconstruction. Today, Lin, Chunying, Dean of Student Affairs of National Dong Hwa University, led colleagues from the Student Activity Center to Taipei to express gratitude to Chairman Koo for his concern for the teachers and students of the University.
Angelo J. Y. Koo, Chairman of the China Development Foundation, has long been dedicated to public welfare. As Chairman of CDIB Capital, he supports the “Local Revitalization Incentive Program” helping local revitalization teams find sustainable business paths. This year’s KGI Charity Market, supported by CDIB Capital’s local revitalization team, featured a diverse marketplace model showcasing local agricultural products, cultural and creative goods, and local tours. It received enthusiastic support from the group’s employees, creating a record high in sales and bringing a sense of happiness to this year’s Christmas season.
SEMICONDUCTOR SERVICES: A company executive said that Taiwanese firms must think about how to participate in global supply chains and lift their competitiveness Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday said it expects to launch its first multifunctional service center in Pingtung County in the middle of 2027, in a bid to foster a resilient high-tech facility construction ecosystem. TSMC broached the idea of creating a center two or three years ago when it started building new manufacturing capacity in the US and Japan, the company said. The center, dubbed an “ecosystem park,” would assist local manufacturing facility construction partners to upgrade their capabilities and secure more deals from other global chipmakers such as Intel Corp, Micron Technology Inc and Infineon Technologies AG, TSMC said. It
NO BREAKTHROUGH? More substantial ‘deliverables,’ such as tariff reductions, would likely be saved for a meeting between Trump and Xi later this year, a trade expert said China launched two probes targeting the US semiconductor sector on Saturday ahead of talks between the two nations in Spain this week on trade, national security and the ownership of social media platform TikTok. China’s Ministry of Commerce announced an anti-dumping investigation into certain analog integrated circuits (ICs) imported from the US. The investigation is to target some commodity interface ICs and gate driver ICs, which are commonly made by US companies such as Texas Instruments Inc and ON Semiconductor Corp. The ministry also announced an anti-discrimination probe into US measures against China’s chip sector. US measures such as export curbs and tariffs
The US on Friday penalized two Chinese firms that acquired US chipmaking equipment for China’s top chipmaker, Semiconductor Manufacturing International Corp (SMIC, 中芯國際), including them among 32 entities that were added to the US Department of Commerce’s restricted trade list, a US government posting showed. Twenty-three of the 32 are in China. GMC Semiconductor Technology (Wuxi) Co (吉姆西半導體科技) and Jicun Semiconductor Technology (Shanghai) Co (吉存半導體科技) were placed on the list, formally known as the Entity List, for acquiring equipment for SMIC Northern Integrated Circuit Manufacturing (Beijing) Corp (中芯北方積體電路) and Semiconductor Manufacturing International (Beijing) Corp (中芯北京), the US Federal Register posting said. The
India’s ban of online money-based games could drive addicts to unregulated apps and offshore platforms that pose new financial and social risks, fantasy-sports gaming experts say. Indian Prime Minister Narendra Modi’s government banned real-money online games late last month, citing financial losses and addiction, leading to a shutdown of many apps offering paid fantasy cricket, rummy and poker games. “Many will move to offshore platforms, because of the addictive nature — they will find alternate means to get that dopamine hit,” said Viren Hemrajani, a Mumbai-based fantasy cricket analyst. “It [also] leads to fraud and scams, because everything is now
RSS