First Commercial Geothermal Plant Goes Online The Cingshuei Geothermal Power Plant, Taiwan’s first commercial geothermal power-producing facility, began operations on November 23. The plant’s most significant feature is its ability to produce a 24-hour supply of renewable energy. The 4.2MW plant is capable of meeting the energy demands of around 10,000 small households. Fabulous Power…

TSMC and Sony to Build Japan Chip Plant Taiwan Semiconductor Manufacturing Co. (TSMC) and Sony Semiconductor Solutions Corp. (SSS), a wholly owned subsidiary of Sony Group, announced on November 9 the joint establishment of Japan Advanced Semiconductor Manufacturing Inc. (JASM) in Kumamoto, Japan. Construction of JASM’s first fab is scheduled to commence next year, with…

China Airlines and EVA Air quarterly profits surge, plan to resume Taipei-London flights in December  Rising air cargo prices and volumes drove China Airlines Ltd.’s (CAL) third-quarter revenue to skyrocket, reaching NT$34.474 billion – an annual increase of 30% – and a net profit of NT$2.917 billion. In terms of operating income and profit, this…

U.S. Request Rattles Taiwan Chipmakers The U.S. Department of Commerce on September 24 requested that semiconductor companies from around the world submit “information about inventories, demand, and delivery dynamics.” Information requested included the companies’ “book-to-bill” ratio – the ratio of orders received to units shipped and billed for during a specified time – and “an…

Inflation Hits Taiwan’s Restaurant Industry   Taiwanese restaurant group Wowprime Corp. has announced that, starting from October 25, it will raise prices at its 15 restaurant establishments by around 5%. Wowprime, whose brands in Taiwan include popular spots like Tasty, Wang Steak, 12MINI, and Wagyu Shabu, cited the COVID-19 pandemic, surging prices internationally, and Taiwan’s…