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EZ News 11/22/22

EZ News 11/22/22

Published 3 years, 3 months ago
Description


Good afternoon, I'm Hope Ngo with today's episode of EZ News.


**Tai-Ex opening **
The Tai-Ex opened down 45-points this morning from yesterday's close, at
14,404 on turnover of 2.6-billion N-T.

The market lost ground on Monday, amid a downturn in large cap semiconductor
stocks on the back of fears of a pullback after recent gains, although the
losses were limited by rebounds (彈回) in non-tech sectors.

Taiwan Semiconductor Manufacturing lost 1.03-per cent and that dragged down
the electronics sector by 0.77-per cent, while the semiconductor sub-index
ended the trading day down 0.96-per cent.



**Morris Chang Confirms that TSMC is set to Rollout 3nm Chips in US **
Taiwan Semiconductor Manufacturing founder Morris Chang has confirmed that
his company will expand its investment in the U-S state of Arizona to produce
chips made using the advanced 3-nanometer process.

Chang's comments are the first confirmation of the next phase (階段) of the
chipmaker's expansion plans following the current 12-billion U-S dollar plan
to build a complex in Arizona.

Production at the facility is scheduled to begin in 2024 using the
5-nanometer process.

According to Chang, members of the U-S Congress and President Joe Biden have
been invited to a ceremony on December 6 marking the installation of the
first batch of production equipment at the Arizona plant.



**'King of Protests' Ke Tsi-hai Dead of Natural Causes **
The Shilin District Prosecutors' Office says a forensic examination
(法醫檢驗) has found that Ke Si-hai died of natural causes.

Ke, who was dubbed the "King of Protests" for his frequent placard protests
in the late 1990s and early 2000s, was found dead in a van on Yangmingshan
National Park in Taipei on Monday.

He was 66.

Prosecutors says his body has been sent back to members of his family who
accepted the conclusion that Ke died of natural causes.

Ke was an activist who was notorious for showing up at the scene of news
events with protest placards and appearing behind people speaking on camera
in TV news reports.



**China Locks Down Guangzhou **
The southern Chinese metropolis of Guangzhou has locked down its largest
district as it tries to tamp down a major COVID-19 outbreak, suspending
public transit and requiring residents to present a negative test if they
want to leave their homes.

The outbreak is testing China’s attempt to bring a more targeted approach to
its zero-COVID policies while facing multiple outbreaks.

China is the only major country in the world still trying to curb virus
transmissions (傳播) through strict lockdown measures and mass testing.

In Beijing, the capital reported two more COVID-19-related deaths. On Sunday,
the city reported China's first COVID-19 death in over six months.



**US VP to Fly to Palawan **
U.S. Vice President Kamala Harris is set to fly to a western Philippine
island province at the edge of the South China Sea to amplify (發揮,展示)
America’s support to its treaty ally and underline U.S. interest in freedom
of navigation in the disputed waters.

Her visit comes as a new confrontation erupted in the contested waterway
ahead of her visit… when the Philippine navy alleged a Chinese coast guard
vessel had forcibly seized Chinese rocket debris as Filipino sailors were
towing it to their island.

Harris is to visit a small fishing community in Palawan and board a coast
guard patrol ship.

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