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Taiwan firms step up US chip investments

Business Mirror LogoBusiness Mirror1 mo ago

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: businessmirror.com.ph

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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About Business Mirror

Business Mirror Logo

Main Topics: EconomyStartups

Official Website: businessmirror.com.ph

Update Frequency: 76 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 9h ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

News Language: English

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Publisher ID: #37

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