Taiwan chip industry pushes government to speed up renewables

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SaltWire's Atlantic regional weather forecast for October 26, 2023 | SaltWireHSINCHU, Taiwan - Taiwan's chip industry is ready to work with the government to achieve its 2050 net-zero goal but development of new energy sources needs to be hastened as demand for artificial intelligence booms, a top industry executive said on Friday.

Cliff Hou, a senior vice president at the world's largest contract chipmaker, TSMC, said AI offered an opportunity rarely encountered in decades. Last month, the association made four key appeals to the government, among them the stable supply of green energy, to help chip companies exploit the AI trend, Hou said.

Both industry and government agree on co-operating on clean energy and the industry is willing to co-operate in achieving the goal of net zero by 2050, Hou said.

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