The TSIA has backed the government’s nuclear power restart review in Taiwan. The board took the decision after chairman Cliff Hou raised the issue at the association’s annual convention.
Why Did TSIA Back Taiwan’s Nuclear Power Restart Review?
The support is conditional. The board will back the review only if the process follows regulations and meets safety requirements.
Hou said: “A stable and sufficient electricity supply is crucial to the semiconductor industry.”
Which Chipmakers Sit Inside the TSIA?
The association’s members include TSMC, the world’s largest contract chipmaker, United Microelectronics Corp (UMC), Vanguard International Semiconductor and PSMC.
Hou said the industry had repeatedly asked the government to ensure a reliable power supply. The nuclear review is the latest response to that demand.
Why Is Taiwan Rethinking Nuclear Power?
Taiwan closed its last nuclear power plant in May last year. The government is shifting to renewables and liquefied natural gas.
President Lai Ching-te said in an interview earlier this month: “My position is very clear. We should not rule out any form of energy based on ideology.”
Lai said nuclear power stays open only if safety, nuclear waste disposal and public consensus requirements are met. Taiwan’s main opposition party, the Kuomintang, wants nuclear power brought back.
Is Any Bursa Stock Tied to This Story?
The source names no Bursa Malaysia-listed company, so no stock code, earnings figure or valuation applies here.
Malaysian investors tracking chip stocks may want to watch how Taiwan’s power policy shapes electricity reliability for the chipmakers named above. The source does not link these Taiwanese firms to any Bursa counter. Read AI Stock Analysis for Malaysians to see how screening tools can track Bursa-listed electronics names against their own filings.
Disclaimer: This article is for information only and is not financial advice. Always do your own research and check each company’s filings on Bursa Malaysia before making any investment decision.
Key Takeaways
- TSIA board backs the government’s nuclear power restart review, conditional on regulations and safety requirements.
- Cliff Hou says a stable and sufficient electricity supply is crucial to the semiconductor industry.
- Taiwan closed its last nuclear power plant in May last year and is shifting to renewables and LNG.
- President Lai Ching-te will not rule out nuclear power if safety, waste disposal and public consensus are met.
- No Bursa Malaysia-listed company is named, so the link to Malaysian investors is indirect.
Frequently Asked Questions
Did TSIA support Taiwan’s nuclear power restart?
Yes, with conditions. The TSIA board agreed to formally support the government’s plans to evaluate restarting nuclear power plants, provided the process complies with regulations and meets safety requirements.
Which companies are members of TSIA?
The TSIA’s members include TSMC, United Microelectronics Corp (UMC), Vanguard International Semiconductor and PSMC. TSIA chairman Cliff Hou is a senior vice-president at TSMC.
When did Taiwan close its last nuclear power plant?
Taiwan closed its last nuclear power plant in May last year. The government is shifting to renewables and liquefied natural gas.
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Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before making investment decisions.
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