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TSMC to set up wholly owned subsidiary in Japan


The logo of Taiwan Semiconductor Manufacturing Co is pictured at its headquarters in Hsinchu on Jan. 18.
Photo: Ann Wang, Reuters

Taiwan Semiconductor Manufacturing Co’s (TSMC, 台積電) board of directors has approved a plan to invest up to ¥18.6 billion (US$177.7 million) to set up a fully owned subsidiary in Japan to expand its 3D semiconductor material research, the company said yesterday.

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Independent Kaohsiung councilor survives recall


Democratic Progressive Party (DPP) Legislator Hsu Chih-chieh, left, hands a tissue to independent Kaohsiung City Councilor Huang Jie, center, as the result of a failed recall vote against her was announced in Kaohsiung yesterday.
Photo: Lee Hui-chou, Taipei Times

Independent Kaohsiung City Councilor Huang Jie (黃捷) yesterday weathered a recall vote to retain her councilor seat in Fongshan District (鳳山).

Kaohsiung City Election Commission data showed that 65,391 people voted against recalling her, while 55,261 voted in favor.

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Newsflash


US Secretary of State John Kerry, left, and Japanese Foreign Minister Fumio Kishida listen to questions from reporters during their joint news conference in Tokyo yesterday.
Photo: REUTERS

US Secretary of State John Kerry yesterday stressed the US is willing to engage with North Korea as long as it takes steps to give up nuclear weapons.

He also vowed the US would protect its Asian allies against any provocative acts by the North, but said Washington wants a peaceful solution to tensions in the region.