German firms splash out billions on Taiwan supply chain, largely in semiconductors and chemicals


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German companies have expanded their supply-chain links with Taiwan over the past three years, particularly in tech, to overcome global Covid-era challenges in securing materials for core industries such as the automotive sector, according to the European country’s chief representative in Taipei.

They are ordering more semiconductors from Taiwan – the world’s leading manufacturer of computer chips – and supplying Taiwanese hi-tech firms with more chemicals used in manufacturing, said Axel Limberg, chief representative and executive director of the German Trade Office Taipei.

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