Taiwan: No chip production in EU


Taiwan Semiconductor Manufacturing Co Ltd (TSMC) has insisted it will focus its most advanced technology on Taiwan.

TAIPEI: Taiwan Economy Minister Wang Mei-hua has played down the prospect of Taiwan tech firms making advanced semiconductors in the European Union (EU), noting that industry leader Taiwan Semiconductor Manufacturing Co Ltd (TSMC) has insisted it will focus its most advanced technology on the island.

Wang’s comments come amid overtures from the EU to persuade a global chipmaker to build a major fabrication plant on EU territory that would help the European Commission achieve a strategic goal of securing the most advanced chip production technology over the next decade.

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