Taiwan Plans New Tainan Science Park to Support Future 1nm Fabs
Taiwan’s National Science and Technology Council plans to begin procedures for a large new science park in Tainan in 2027, preparing for future 1nm fab construction. Council chair Wu Cheng-wen outlined the plan at the IEEE Asian Solid-State Circuits Conference on November 2, according to CNA’s report carried by Economic Daily News.
The engineering significance is site readiness. A new manufacturing process needs a production location that can accommodate fab buildings, utilities and equipment before it can become usable wafer capacity. Preparing the park ahead of that investment could reduce the risk that site development delays a manufacturer’s expansion. The announcement addresses this physical prerequisite for future production.
The relevant supply-chain layer is therefore fab infrastructure. Park development precedes factory construction, equipment installation and process qualification. Each stage has a different deliverable: available land enables construction; an equipped factory enables process development; qualified manufacturing enables commercial output. Starting the first stage does not establish the completion date of the others.
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Taiwan is turning to market intervention to stop the CARNAGE:
Taiwan's Weighted Index, TAIEX, surged +5.0% on Monday, ending a 7-session losing streak that had pushed the technology-heavy market into bear-market territory. $EWT $TSM
The rebound followed new restrictions on short selling and the government's readiness to deploy its NT$500 billion stabilization fund.
Authorities slashed the cap on intraday short-sale orders from 30% to just 3% of average daily trading volume and raised minimum short-selling margin requirements from 90% to 130%.
Notably, restricting short selling can do more harm than good, reducing market liquidity, weakening price discovery and preventing investors from hedging their portfolios or expressing negative views on overvalued stocks.
Short sellers also play an important role in exposing excessive valuations and market imbalances, while restrictions can distort prices and leave markets more vulnerable to sudden moves.
The stabilization fund has NT$500 billion available, although previous interventions deployed substantially less capital and did not prevent further corrections in most cases.
Suppressing short selling does not eliminate market risk, it only restricts one of the mechanisms through which markets price it.