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Tuesday 10 December 2024
Foxconn advances ESG deployment to meet 100% green energy target by 2040
Hon Hai Technology Group (Foxconn) has been aggressively investing in green energy and sustainability initiatives in recent years, as part of its strategy of pursuing both profits and ESG projects. To achieve its goal of using 100% green energy across all manufacturing facilities worldwide by 2040, Foxconn has been investing in both solar power systems and green factories as part of its broader ESG strategy.
Tuesday 10 December 2024
Tex Year expects strong growth in 2024 through India expansion, surging green materials demands
Tex Year Industries is set to deliver strong operational results in 2024, with positive momentum expected to continue into the first half of 2025. Company chairman and CEO Donald Hsiao cited market stability and highlighted the upcoming launch of a new production line in India scheduled for 2025. Despite challenges from exchange rates, interest rates, and geopolitical uncertainties, the company maintains an optimistic outlook across its key markets in China, ASEAN, the Americas, and Europe.
Friday 29 November 2024
Industrial PCs power net-zero transition, creating new market opportunities
The global push toward net-zero emissions is transforming industries, presenting both challenges and unprecedented opportunities. With 198 countries committed to net-zero targets by 2050, this transition has become essential for businesses seeking long-term sustainability. The industrial PC (IPC) sector stands at the forefront of these changes.
Thursday 28 November 2024
Innolux sharpens focus on carbon neutrality with innovative energy solutions
Innolux has pledged to cut greenhouse gas emissions by 25% from 2020 levels by 2030, aligning with its carbon reduction goals. The company targets achieving a 20% renewable energy usage ratio (RE20) across its Greater China facilities, emphasizing systematic and innovative strategies to boost carbon reduction effectiveness.
Thursday 21 November 2024
Finesse Technology rides TSMC, Applied Materials wave: Expansion to Kumamoto with optimistic outlook
Finesse Technology, a subsidiary of Highlight Technology Corp, specializes in semiconductor ozone supply systems, remote plasma sources (RPS), RF power systems, and technical maintenance services. These solutions are integral to critical semiconductor manufacturing processes, including chemical vapor deposition (CVD) and atomic layer deposition (ALD).
Wednesday 20 November 2024
LG Group to invest KRW1.8 trillion over five years, aiming for net zero carbon emissions by 2050
LG Group (LG) has set a target to achieve net zero carbon emissions by 2050, making it the only South Korean conglomerate to publicly announce specific carbon neutrality goals and timelines. The company plans to invest KRW1.8 trillion (approx. US$1.3 billion) over the next five years.
Tuesday 19 November 2024
Taiwan Cement accelerates low-carbon push amid regulatory hurdles
Taiwan Cement hosted the Low-Carbon Construction Pioneer Alliance conference on November 18, with Chairman An-ping Chang highlighting the company's global leadership in low-carbon cement production. Chang emphasized that despite technological capability, regulatory barriers prevent Taiwan's limestone cement concrete (IL15) from reaching the lowest carbon standards.
Monday 18 November 2024
Trump 2.0 to see more radical 'America First' policies, not allowing allies to take advantage
Trump's "America First" agenda will remain central in his imminent second term, with reindustrialization, trade protectionism, corporate tax cuts, and stricter immigration policies at the core. However, Trump 2.0 is expected to take a more radical approach than his first term.
Friday 15 November 2024
Ledtech expands low-temperature lighting market share by entering low-carbon lighting sector
LED manufacturer Ledtech turned a profit in the first three quarters of 2024, following a reorganization of its business and marketing operations earlier in the year. The company is now focusing on high-margin products such as low-temperature lighting, with this segment's revenue share climbing from 14% in the third quarter of 2023 to 29% in the third quarter of 2024. Targeting markets in the Americas and Europe, Ledtech is expanding its own brand and officially entering the ESG sustainable lighting field.
Thursday 14 November 2024
TSMC unveils Taichung zero-waste center, reducing 130,000 tons of waste annually
TSMC inaugurated its zero-waste manufacturing center in Taichung on November 13, while signing a memorandum of understanding (MOU) with Taiwan's Environmental Protection Administration (EPA) to develop advanced carbon capture technology.
Monday 4 November 2024
TSMC advances waste liquid regeneration with suppliers
TSMC is actively working on a green recycling system as part of its electronic-grade chemical recycling program. The company continues to collaborate with suppliers to explore the utilization of tetramethylammonium hydroxide (TMAH) waste liquid. This follows the development of its first electronic-grade product, cyclopentanone, which was introduced in 2023.
Thursday 31 October 2024
ESG trends improve notebook designs with eco-friendly, durable plastics
As AI PCs shape the future of the computer industry, companies are increasingly focusing on sustainable design to align with Environmental, Social, and Governance (ESG) standards. Major tech brands like Acer and Lenovo are leading the way with eco-friendly laptops, and rugged computer specialist Getac is also introducing recyclable materials into its products.
Monday 28 October 2024
Innolux leads with copper-acid electrolysis in green recycling push
Innolux has gained attention for entering fan-out panel-level packaging (FOPLP). The Ministry of Environment recently commended the company for its resource recycling efforts, highlighting its extraction of pure copper from waste solutions and recovery of phosphorus from wastewater. These sustainable initiatives boost resource efficiency, advance green manufacturing, and align with the company’s ESG-driven goals.
Friday 25 October 2024
Tech giants bet on nuclear to power AI: can governments keep up?
The industry's trio of cloud service providers (CSPs) are actively embracing nuclear energy with unprecedented enthusiasm, signaling a major shift in the global energy landscape. As the AI race intensifies, massive investments from companies are flooding into infrastructure projects worldwide, driving a surge in demand for carbon-free energy (CFE). The global response to this transformation will significantly shape the future energy landscape.
Thursday 24 October 2024
Taiwan re-evaluates nuclear policy amid AI-driven power surge
Taiwan is aligning with a growing global trend, as nations and tech giants increasingly turn to nuclear power to meet the surging electrical demand driven by AI. Premier Cho Jung-Tai recently suggested that Taiwan maintains a "very open" attitude toward adopting new nuclear technologies, marking a potential shift in the government's stance on nuclear energy.
Monday 21 October 2024
From textiles to EVs: Taiwanese manufacturers pioneering sustainable innovations in new frontiers
Taiwanese textile manufacturers are rapidly transforming and diversifying their operations, with key players such as Far Eastern New Century Corporation (FENC) and Shinkong Synthetic Fibers Corporation (SSFC) increasingly venturing into automotive components and electric vehicle (EV) sectors.
Wednesday 16 October 2024
Taiwan sets carbon fee at US$10 amid pushback from industry and activists
Taiwan's Ministry of Environment has set its carbon fee at NT$300(US$10) per ton of CO2, a rate that has sparked pushback from both environmental advocates and industry leaders.
Tuesday 15 October 2024
India is finally becoming a clean energy superpower
It's better to under-promise and over-deliver. India's clean power industry is finally making good on that dictum.
Tuesday 15 October 2024
Taiwan sets carbon fee amid economic and environmental balancing act
Taiwan is set to implement its carbon fee at NT$300 per metric ton of CO₂ equivalent starting January 1, 2025, with regulated companies to pay for 2025 emissions by May 2026.
Friday 11 October 2024
Taiwan's carbon policy shift: industry braces for CBAM impact
Taiwan's Ministry of Environment has set the carbon fee at NT$300 (approx. US$9.24) per ton, effective 2025, and signaled that a Taiwan version of the Carbon Border Adjustment Mechanism (CBAM) could be next. The local industry is advocating for this measure, arguing that imported goods such as cement and steel should also incur carbon fees to ensure competitive fairness. In response, the ministry confirmed ongoing interagency talks about a CBAM, with plans for cement and steel imports to begin trial carbon footprint reporting in 2025.
Friday 11 October 2024
Microsoft boosts investment in Taiwan with data center, talent development, and sustainability initiatives
Microsoft has made significant strides in its investment in Taiwan, including the ongoing construction of a local data center and a successful digital talent development program. The company has also prioritized sustainability and diversity initiatives, demonstrating its commitment to creating a positive impact in Taiwan.
Tuesday 8 October 2024
AUO eyes US and EU for solar expansion, power plant investment to remain domestic
The drop of Taiwan's solar field development volume in 2024 has sent ripples into AUO's expected installation volume of 2025 and 2026. However such outlook did not stop the firm's energy division to follow in the footstep of its display business , eyeing the US and European markets as its first stop in its international expansion efforts.
Friday 4 October 2024
Europe uses geographical advantage to combat power consumption
The rise in artificial intelligence (AI) demand has led to a corresponding increase in data center requirements. However, finding locations with sufficient power to support these energy-intensive facilities has proven challenging.
Friday 4 October 2024
NextDrive eyes Japanese capital market after Tokyo Stock Exchange nod
Taiwan's energy startup NextDrive has deployed more than 37,000 energy solution sites across Taiwan and Japan, leveraging advanced distributed energy management technology to expand virtual power plants and related applications. The company's successful expansion into the Japanese market earned it a spot on the Tokyo Stock Exchange's Asian startup support list, positioning it for a potential entry into Japan's capital markets.
Thursday 3 October 2024
Quanta purchases additional fuel cell systems to accommodate AI burn-in tests
Quanta Computer's (Quanta) US subsidiary, QMN, has announced the purchase of three fuel cell microgrid systems for US$79.75 million. The company stated that these additional systems are intended for upgrading equipment used in testing and verifying high-end servers, highlighting the significant power demands and ESG considerations associated with AI servers.
CHT
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