Taiwan firms step up US chip investments

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Taiwan firms step up US chip investments

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Russia’s attack on Ukraine has heightened such worries, as some see the war increasing the chances that China will seek to invade Taiwan.

Silicon-wafer maker GlobalWafers Co.said on Monday that it plans to build a plant that will be the biggest of its kind on American soil with construction to start later this year.

A Taiwanese chip company announced a $5 billion investment in the US this week and another is planning a research center in the Midwest.

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Article Details

Author / Journalist: Bloomberg News

Category: EconomyStartups

Topics: Concerns Monday Taiwan Supply Production Globalwafers Billion Plant Chip Research China

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-29, 12:39:58

News Timezone: GMT +8:00

News Source URL:

Language: English

Reading Time: 4 minutes read

Article Length: 547 words

Coverage Area: Philippines

Availability: Desktop Web, Mobile Web

News ID: 20208

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