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Taiwan Cement hit by battery losses and Chinese competition; turns to AI and robotics for growth

Under intense competitive pressure from plummeting battery prices and aggressive Chinese market strategies, Taiwan Cement Corporation (TCC) has yet to achieve breakeven in its battery division, sparking significant shareholder concern. At the company’s annual general meeting on May 27, Chairman An-Ping Chang addressed these challenges head-on, responding candidly to investors’ queries about operational hurdles, strategic investments, and market prospects.