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ITRI & China Steel Corp Launch Platform to Transform Steel Industry in Taiwan

Steel News - Published on Fri, 08 Nov 2019

Image Source: taipeitimes.com
Taiwan’s Industrial Technology Research Institute launched a steel industrial development platform in collaboration with China Steel Corp as part of its effort to help transform the nation’s steelmaking industry. The platform will focus first on helping the industry develop advanced materials. President Wang Shyi-chin said that China Steel is striving to develop sputtering target materials used in the production of high-end semiconductors, as it looks to sharpen its competitive edge, while helping the nation’s semiconductor industry lower its production costs.

Taiwan is the world’s largest consumer of target materials, accounting for 22% of global demand, a report by international trade group SEMI said. It is heavily reliant on imports of such materials for use in the semiconductors and optoelectronics sectors.

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Posted By : Rabi Wangkhem on Fri, 08 Nov 2019
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