In Short : Taiwan-based Foxconn, a major electronics manufacturer, has announced its plans to invest an additional $1.54 billion in India. This significant investment indicates Foxconn’s continued commitment to expanding its operations in the country, potentially contributing to the growth of India’s manufacturing sector and the creation of employment opportunities. In Detail : Taiwanese tech […]
Shutdown Process Begins For Generator at Taiwan’s No. 2 Nuclear Plant
Taipei : Taiwan’s second nuclear plant has begun the shutdown process for its No. 1 generator, which is set to enter the decommissioning stage after producing power for 40 years, state-run utility Taiwan Power Company (Taipower) said late Thursday. In a statement, Taipower spokesperson Chang Ting-shu said operators at the Kuosheng Nuclear Power Plant in […]
Foxconn Invests $36 Million in EV Partnership With Gigasolar
Foxconn has identified electric vehicles as a key new business and has struck several deals with companies, including Italian carmaker Stellantis and Thailand’s state-run energy group PTT. TAIPEI : Taiwan’s Foxconn said a subsidiary has invested T$995.2 million ($36 million) in Gigasolar Materials Corp to develop electric vehicle (EV) battery materials. Foxconn, Apple’s main iPhone […]
Taiwan’s Promise of Green Hydrogen
Although hydrogen gas emits only water, it does not naturally exist in its pure form and must be generated from another hydrogen-carrying source – usually methane (CH4) – through a process called steam-methane reforming. Cheap and well-established, this process is also highly polluting, generating 10 tons of greenhouse gases for every ton of hydrogen. Hydrogen […]