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Huang Chongren is the founder of Powerchip Group. He once paid off 120 billion debts and led the company's transformation and listing. In 2004, he founded the Powerchip Culture Foundation to sponsor arts and culture.
[Reporter Lin Yiru/Taipei Report] Huang Chongren, the founder of Powerchip Group (6770), held a public memorial today (12th) morning. Nearly a thousand people attended the memorial ceremony. President Lai Qingde personally came to express his condolences and issued an order of praise. The scene was solemn and grand, with crowns and hats gathered.
The public memorial ceremony for Huang Chongren was held this morning. Lai Qingde personally came to express his condolences and issue a commendation order. Nearly a thousand people including political and business celebrities, relatives, friends, and subordinates attended the memorial ceremony. The scene was solemn and grand, full of mourning and glory.
When issuing the commendation order, President Lai said that Huang Chongren founded the Powerchip Group to contribute to Taiwan's economy, and was committed to giving back to the society and promoting international scientific and technological cooperation. He expressed deep admiration and condolences to Huang Chongren for facing adversity, paying off 120 billion debts amidst setbacks, leading the company's transformation and successfully listing its stock, and his foresight to see Taiwan's economy take off in the AI wave.
Huang Chongren loved art and literature during his lifetime. In 2004, he founded the Powerchip Cultural Foundation to sponsor domestic and foreign art groups to perform in Taiwan for a long time. Internationally renowned violinist Huang Junwen and a chamber orchestra composed of 10 musicians from the National Symphony Orchestra (NSO) performed live at the farewell ceremony on the 12th to express his gratitude.

Cathay Life's fixed income in the first half of 2026 reached 132.5 billion yuan, an annual increase of 13%, ranking first among the six major life insurance companies; its net worth increased by 454.2 billion yuan, an increase of 90%. General Manager Lin Zhaoting expects that the full-year profit will have the opportunity to hit a record high.

As the global AI boom drives the construction of data centers, TSMC has benefited from the growth in demand for advanced chips. The investment media "The Motley Fool" predicts that if TSMC's earnings per share reaches US$21.86 in 2027 and maintains a price-to-earnings ratio of 31 times, the stock price can theoretically reach US$678, with more than 55% room for growth from the current US$435. Customers such as Broadcom have indicated that demand may continue into 2029-2030, and TSMC has also expanded production capacity in Arizona, showing confidence in long-term demand.
On September 11, the 2026 Multinational Corporation Jiangsu Tour-Yancheng Zero Carbon Industrial Park International Cooperation and Exchange Conference was held in Yancheng. Representatives from the world's top 500 companies, multinational companies and green and low-carbon industries from more than 20 countries and regions around the world participated. The meeting released major application scenarios for the construction of zero-carbon industrial parks, and 25 cooperation projects were successfully signed. Yancheng relies on its advantages in scenery and photovoltaic resources to promote the construction of national carbon peak pilot cities and green and low-carbon development demonstration zones, and attract foreign investment in zero-carbon parks.

In the past two years, Taiwan's politics has led to confrontation between the government and the opposition and a constitutional deadlock due to the Blue and White camp's forced passage of controversial bills. However, the economy has bucked the trend and grown strongly, with a growth rate of 8.63% in 2025 and an estimated 11.05% in 2026. Thanks to the global AI supply chain's absolute dependence on semiconductor industries such as TSMC, Taiwan's stock market value has surpassed Germany, France, The United Kingdom, Canada and India are expected to overtake Hong Kong and become the fourth largest in the world in the second half of 2026 or the first half of 2027, second only to the United States, China and Japan. The government uses excess tax revenue from the technology industry to provide cross-industry subsidies and policy guidance, stabilize prices and assist the transformation of traditional industries, showing that Taiwan has unique political and economic resilience and the ability to solidify its social foundation.

The fixed income of the six major life insurance companies in the first half of 2026 reached 438.2 billion yuan, an annual increase of 4%; the total net worth increased from 1.9385 billion yuan at the beginning of the year to 3.5078 billion yuan at the end of June, an increase of 81%, with Taiwan Life having the highest net worth growth rate of 114%.

Stores in the Taitung area reported an unusual surge in electricity bills after installing solar panels. Taipower clarified that the photovoltaic system only generates electricity and does not consume electricity. It also pointed out that the increase in electricity bills may be related to store renovations and special market activities on Ludeng Avenue. The photovoltaic system is operating normally and there are no metering abnormalities.