Taiwan sees limited COVID-19 impact on economy, chip sector


FILE PHOTO: The Taiwan Semiconductor Manufacturing Co Ltd (TSMC) headquarters building is seen in Hsinchu, northern Taiwan, November 19, 2015. REUTERS/Pichi Chuang

TAIPEI (Reuters) - Taiwan sees a limited impact on its economy and its key semiconductor industry from its COVID-19 outbreak and is well prepared to ensure chip fabs can operate as normal, officials said on Tuesday.

Tech-heavyweight Taiwan is experiencing an unusual spike in domestic cases after months of keeping the pandemic well under control, and has closed schools across the island and tightened curbs in the capital, Taipei.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

California county sues Meta over scam ads
SoftBank's Son considers up to $100 billion investment in France, Bloomberg News reports
OpenAI creates new unit with $4 billion investment to aid corporate AI push
Shein accuses Temu of 'industrial scale' copyright breaches in UK legal battle
Alphabet considers first yen bond sale to fund AI goals
EU Commission in talks with OpenAI and Anthropic over AI models
Circle sees revenue boost as stablecoin demand rises amid volatility; shares up
AI labs should pass safety review to get US government contracts, group says
Disneyland rolls out facial recognition at US park's entrances
US prepares AI security order that omits mandatory model tests

Others Also Read