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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

The US should amend a law to add Taiwan to the list of “NATO Plus” allies and streamline future arms sales, a US commission said on Tuesday in its annual report to the US Congress.

The recommendation was made in the annual report by the US-China Economic and Security Review Commission (USCC), which contained chapters on US-China economic and trade ties, security relations, and Taiwan and Hong Kong.

In the chapter on Taiwan, the commission urged the US Congress to “amend the Arms Export Control Act of 1976 to include Taiwan on the list of ‘NATO Plus’ recipients,” referring to a designation held by South Korea, Japan, Australia, Israel and New Zealand.