Taiwan's chip industry set for years of growth: minister


Taiwan National Development Council Minister Kung Ming-hsin poses during an interview with Reuters in Taipei, Taiwan, April 23, 2021. REUTERS/Ben Blanchard

TAIPEI (Reuters) -Taiwan's key semiconductor industry has years of growth ahead of it with no worries about oversupply despite a massive capital investment programme and only a few competitors in the next decade or so, a senior government minister said on Friday.

Kung Ming-hsin, the head of Taiwan's economic planning agency, the National Development Council, told Reuters the business opportunities presented by the global transformation to a digital economy were "very, very enormous".

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Tech News

Spurred by teen girls, US states move to ban deepfake nudes
DR Congo accuses Apple of using ‘blood minerals’ from war-torn east
German police swoop on Nigerian dating scammers
74-year-old US woman charged in armed robbery of credit union was scam victim, family says
In which country do people spend the most time on screens?
How streaming is boosting esports
LG Energy Solution to minimise capex this year due to slow EV demand
SK Hynix expects full chip recovery after Q1 earnings surprise on AI boom
Cisco says hackers subverted its security devices to spy on governments
Disappointing Meta forecast pulls down tech peers in extended trade

Others Also Read