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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


Taiwan and US flags are pictured on a table for a meeting between then-US representative Ed Royce and then-legislative speaker Su Jia-chyuan in Taipei on March 27, 2018.
Photo: Tyrone Siu, Reuters

Two hundred US lawmakers in a letter on Wednesday called for Taiwan’s participation in the planned Indo-Pacific Economic Framework (IPEF), touting the nation’s economic importance and the signal of support it would send to counter Chinese intimidation.

The letter, drafted by the four cochairs of the Congressional Taiwan Caucus and addressed to US Secretary of Commerce Gina Raimondo and US Trade Representative Katherine Tai (戴琪), said that Taiwan should be “at the front of the line” to join the framework.