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Chipmaking hub Taiwan reaffirms support for new nuclear tech

Sing Yee Ong & Yian Lee / Bloomberg
Sing Yee Ong & Yian Lee / Bloomberg • 2 min read
Chipmaking hub Taiwan reaffirms support for new nuclear tech
A battery cell plant in Kaohsiung, Taiwan
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(Feb 10): Taiwan has reiterated its support for nuclear power as the world’s chipmaking hub looks to secure a stable electricity supply.

“We will fully embrace advanced nuclear technologies from around the world,” Premier Cho Jung-tai said Tuesday (Feb 10) at the groundbreaking ceremony for the Industrial Technology Research Institute’s advanced semiconductor research and development base. They would complement efforts to expand renewable energy, improve energy efficiency and storage, and strengthen the power grid, he said.

The new technologies include small modular reactors, designed to be manufactured in factories and assembled on site. These smaller reactors have gained significant momentum globally and have attracted investment from established nuclear players and a host of startups.

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