By Reuters Staff
1 Min Read
FILE PHOTO: The logo of Taiwan Semiconductor Manufacturing Co (TSMC) is pictured at its headquarters, in Hsinchu, Taiwan, Jan. 19, 2021. REUTERS/Ann Wang
TAIPEI (Reuters) - There will be no impact on production by Taiwan Semiconductor Manufacturing Co Ltd (TSMC), from water usage curbs set to take effect on June 1, the world’s largest contract chipmaker said on Wednesday.
If there is no significant rain by month-end, tech powerhouse Taiwan will step up the restrictions in the major chip making hubs of Hsinchu and Taichung as it battles an islandwide drought, the government said.
Reporting by Yimou Lee; Editing by Clarence Fernandez
By Reuters Staff
2 Min Read
FILE PHOTO: Pedestrians wearing protective masks, following the coronavirus disease (COVID-19) outbreak, walk underneath Japanese national flags at a shopping district in Tokyo, Japan, January 6, 2021. REUTERS/Kim Kyung-Hoon/File Photo
TOKYO (Reuters) - Japan is planning to increase spending to ramp up local production of advanced semiconductors and batteries under this year’s growth agenda, the Nikkei newspaper reported.
Under the draft growth blueprint set to be finalised as early as June, the government will also promote large-scale investment to develop batteries for electric vehicles, the paper said on Wednesday, without citing sources.
The plan would underscore Tokyo’s concern over a global chip supply shortage that has caused output disruptions in Japanese automakers and threatens to hurt an export-reliant economy.
By Reuters Staff
(Corrects to ‘partnership’, not ‘joint venture’, in paragraph 2)
TAIPEI, May 18 (Reuters) - Taiwanese electric scooter vendor Gogoro said on Tuesday it has partnered with two Chinese two-wheel vehicle makers to offer its battery-sharing infrastructure, ramping up efforts to expand its overseas market.
Taipei-based Gogoro, known for its battery distribution network for riders, will build battery-swapping platforms in China in a partnership with Dachangjiang Group and Yadea Group Holdings.
In April, Gogoro announced a similar partnership with India’s Hero MotoCorp to build battery-sharing infrastructure in the world’s largest motorcycle market.
The two Chinese vendors will develop a range of two-wheel vehicles built for Gogoro’s battery-swapping platform, the Taiwanese company said.
7 Min Read
LONDON (Reuters) - It’s typical of tin that it didn’t make it onto the International Energy Agency’s (IEA) list of metals needed to power the clean energy transition.
FILE PHOTO: A worker stands next to tin ingots at the newly inaugurated Ausmelt tin smelter building in the town of Vinto, near Oruro, September 18, 2015. Bolivian state metallurgical company Vinto on Friday inaugurated the Ausmelt tin smelter building, which was built by Outotec Group for Vinto. Picture taken September 18, 2015. REUTERS/David Mercado
Although designated a critical mineral by both the United States and China, tin has a habit of sliding between the gaps of the decarbonisation narrative.
By Reuters Staff
2 Min Read
BEIJING/SHANGHAI, May 19 (Reuters) - China shares ended lower on Wednesday after three straight sessions of gains, dragged down by property and energy firms, while digital currency-related stocks fell after Beijing banned financial and payment companies from the cryptocurrency business. At the close, the Shanghai Composite index was down 0.51% at 3,510.96, while the blue-chip CSI300 index was down 0.3%. The energy sector sub-index fell 1.61%, and the real estate index dropped 1.65%. The smaller Shenzhen index ended up 0.12% and the start-up board ChiNext Composite index was higher by 0.796%. Investors are betting on the increasing momentum of A shares and searching for opportunities in consumer blue-chips and new energy vehicles firms, said Yang Delong, an investment manager at First Seafront Fund Management Co. Trading in the mainland market is volatile, Yang said, citing relative low valuations for A-shares and Hong Kong stocks amid surg