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Taiwan built sub to be tested from September

A prototype of Taiwan’s first locally built submarine is set to begin testing in September, marking a milestone in the nation’s Indigenous Defense Submarine program, CSBC Corp, Taiwan (台船) chairman Cheng Wen-lon (鄭文隆) said yesterday.

The construction of the prototype has continued around the clock after overcoming a series of difficulties thanks to the cooperation of the Naval Shipbuilding Development Center, the navy’s 256th Submarine Squadron and a CSBC task force, Cheng said.

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TSMC to invest US$60bn in Tainan

Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday said that it plans to invest more than NT$1.86 trillion (US$60.5 billion) on an advanced factory in Tainan to expand 3-nanometer chip capacity, after its plans to produce chips in the US triggered concerns at home over technology outflow and talent drain.

The world’s biggest contract chipmaker in 2018 said that it plans to spend NT$700 billion on a “giga-fab” in Tainan, dubbed Fab 18, to produce 5-nanometer chips, and establish a research and development (R&D) team. The company at the time said that it would reserve half of the facility’s space for the production of 3-nanometer chips.

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Newsflash


>President Tsai Ing-wen addresses yesterday’s Global Taiwan National Affairs Symposium in a pre-recorded speech.
Screen grab from YouTube

Taiwanese will demonstrate to the world that their nation is capable of defending its sovereignty and ensure that the future of Taiwan will be decided by its people, President Tsai Ing-wen (蔡英文) and Vice President William Lai (賴清德) said yesterday in pre-recorded remarks at the Global Taiwan National Affairs Symposium.