Taiwan and Europe Look to Strengthen Semiconductor Cooperation

Taiwan and Europe Look to Strengthen Semiconductor Cooperation

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Taiwan and the European Union plan to strengthen financial and diplomatic relationships in a bid to deepen collaboration in making the semiconductors provide chain extra resilient than it’s at present, reviews Nikkei. TSMC is at present assessing a possible fab in Europe, however no ultimate determination has been made. Upgraded diplomatic affairs will affect financial relationships and will affect TSMC’s plan to construct a fab within the EU. 

The European Union is the biggest supply of international investments in Taiwan. As a consequence of elevated geopolitical tensions and ongoing international chip shortages, the EU desires to improve diplomatic relationships to ministerial and director-general ranges. Because of this, the EU’s commerce chief Valdis Dombrovskis and Taiwan’s financial system minister Wang Mei-hua will held official talks for the primary time late on Thursday, reviews Reuters

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