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NEWS TAGGED FORMOSA PLASTICS
Monday 31 July 2023
Formosa Smart Energy battery cells to enable electric buses, energy storage systems
Formosa Plastics Group is accelerating its transition to the new energy industry. Its subsidiary Formosa Smart Energy has launched its battery production business, aiming to support...
Wednesday 7 June 2023
Short lead-time orders for AI and automotive chips emerge, says Formosa Sumco
The logic IC sector has seen some short lead-time orders for AI and automotive chips, according to silicon wafer supplier Formosa Sumco Technology.
Friday 19 May 2023
Formosa Smart Energy Tech wants to unlock LFP, LMFP, and sodium-ion batteries all at once
Taiwan's top three lithium battery cell manufacturers right now are Formosa, Foxconn, and Taiwan Cement (TCC). Among them, Formosa Smart Energy Tech (FSET) was formed by integrating...
Thursday 18 May 2023
Asustek-affiliated TWS showcases Formosa Foundation Model, Taiwan's first LLM
Taiwan Web Service (TWS) has created Taiwan's first large language model (LLM) called the Formosa Foundation Model (FFM), which will be released as an enterprise generative AI solu...
Monday 17 April 2023
Formosa Smart Energy Tech builds domestic battery chain, breaks ground on Taiwan's largest battery cell plant
Formosa Smart Energy Tech (FSET), the sixth largest company under the Formosa Plastics Group, announced that it has invested over NT$16 billion (US$524 million) through its subsidiary...
Tuesday 7 March 2023
Formosa Smart Energy forging close ties with major carmaker
Formosa Smart Energy Tech (FSET) has reportedly been approached by a major European carmaker with plans to jointly construct a lithium battery plant in the US.
Thursday 2 February 2023
Formosa 2 completes installation of all offshore wind turbines
Offshore wind farm developer Formosa 2 Wind Power has completed installation of all of the 47 offshore wind turbines on the Formosa 2 offshore wind farm covering water area of 68.81...
Wednesday 21 December 2022
FSET begins operation of AFC energy storage system
Formosa Smart Energy Tech (FSET), an LFP (lithium iron phosphate) battery maker belonging to the Formosa Plastics Group, has inaugurated an energy storage system with installation...
Monday 24 October 2022
FPG taps deeper into lithium battery field
Formosa Plastics Group (FPG) has taken a big stride forward in the development of lithium batteries for household, commercial energy storage and charging pile applications, with its...
Wednesday 5 October 2022
Foxconn, FPG keen on LFP battery production in Taiwan
Lithium iron phosphate (LFP) batteries are significantly gaining ground in energy storage and EV applications amid the mounting calls for reducing carbon emissions to net zero. This...
Thursday 21 July 2022
Formosa Plastics Group sets up Formosa Smart Energy Tech
The four members of Formosa Plastics Group and affiliated Formosa Biomedical Technology have established Formosa Smart Energy Tech, a joint venture focusing on energy storage, energy...
Monday 28 March 2022
Formosa Plastics Transport to commercialize electric truck in 2023
Formosa Plastics Transport (FPT) has set a target to commercialize its 12-ton electric truck in the first quarter of 2023, and the company recently completed the prototypes of two...
Wednesday 6 October 2021
Kunshan plants hit by power cuts, but Nan Ya ABF substrate fab unaffected
Taiwan-based makers with factory operations in Kunshan of China's Jiangsu provinces were notified on October 5 by the local government about immediate power cuts, and have expressed...
Thursday 29 July 2021
Nan Ya optimistic about 2H21
Nan Ya Plastics expects to enjoy more robust growth in sales of its copper foil and other electronic materials in the second half of 2021, while seeking more vertical integration...
Tuesday 20 April 2021
DRAM maker Nanya to build new 12-inch fab
Taiwan-based DRAM maker Nanya Technology has announced plans to establish a new 12-inch wafer fab designed for the company's in-house developed 10nm-class and EUV-based process man...