Tatung and Tangeng ink deal over electric vehicles
By Lisa Wang / Staff reporter
Tatung Co (大同) yesterday signed a supply contract with Tangeng Advanced Vehicles Co (唐榮車輛), paving the way for the firms to deepen their partnership as they seek a share of the global electric vehicle market.
Tatung is to supply 100 high-efficiency power systems for electric buses to Tangeng, Tatung said in a statement.
The power systems include motors and driving components, it said.
From left, Tangeng Advanced Vehicles Co chairman Jonathan Ho, Tatung Co chairman Lu Ming-kuang and Tatung executive vice president Tai Feng-shu attend a news conference in Taipei yesterday.
Taiwan s semiconductor industry sets new output milestone in 2020
02/22/2021 06:48 PM
CNA file photo
Taipei, Feb. 22 (CNA) The output value of Taiwan s semiconductor industry in 2020 topped NT$3 trillion (US$107.53 billion) for the first time ever, and it is expected to build on that performance this year, a local technology institute said Monday.
In 2020, the output of the domestic industry jumped by 20.9 percent year-on-year to reach NT$3.22 trillion, outperforming its global rivals, according to the Industry, Science and Technology International Strategy Center under the Industrial Technology Research Institute.
The global semiconductor market grew 6.8 percent in 2020 to US$440.4 billion, boosted by strong demand from the digital transformation and growing stay-at-home economy seen during the COVID-19 pandemic, the center said.