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Former president releases new book

After almost 700 days in detention, former president Chen Shui-bian (陳水扁) would not flee the country if he were released, he says in a new book that he wrote while incarcerated at the Taipei Detention Center.

“I choose to confront rather than escape,” he says, speaking of his legal troubles, including accusations that he committed forgery, embezzled state funds and laundered money through Swiss bank accounts.

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Ex-US Navy chief calls for tougher stance on China

A top US military figure has declared that China’s continuing missile buildup opposite Taiwan — despite progress on economic and political relations — makes no sense unless Beijing “is preparing for war against the only Chinese democracy.”

Retired admiral James Lyons, former commander in chief of the US Pacific Fleet and senior US military representative to the UN, said: “After a year of dallying, the [US President Barack] Obama administration has started to stand up to China, but it is not doing enough.

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Newsflash

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.