Virus Outbreak: Top industrialists call for more relief

LOOKING AHEAD: Rick Hsu said that rush orders to meet demand during the COVID-19 pandemic would come to an end this quarter, making the fourth quarter a challenge

Taipei Times
Date: Aug 20, 2020
By: Crystal Hsu / Staff reporter

Third Wednesday Club chairman Rock Hsu, center, and National Development Council Minister Kung Ming-hsin, right, listen as President Tsai Ing-wen, left, addresses a meeting of the club in Taipei yesterday.
Photo: Wang Yi-sung, Taipei Times

Leading industrialists yesterday called on the government to keep relief and stimulus measures alive, saying that tough times lie ahead as local tech firms would be digesting rush orders toward the end of this quarter, because of remote working and telecommuting trends.

Rick Hsu (許勝雄), chairman of the Third Wednesday Club (三三會), whose membership is limited to the top 100 firms in each business sector, spoke to reporters prior to a meeting with President Tsai Ing-wen (蔡英文) in Taipei.

“The government had better prepare an extended version of relief and stimulus measures, as the industry will need it after fulfilling orders” to make chips for electronic parts used in laptops, desktops, TVs and other products, Hsu said.

Local technology firms have benefited from a surge in demand for devices that have enabled companies and schools around the world to operate, despite travel inconveniences and social distancing, said Hsu, who is chairman of contract notebook maker Compal Electronics Inc (仁寶電腦).    [FULL  STORY]

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