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Taiwan's science ministry warns spending cuts could hit chips, AI funding

Channel News Asia LogoChannel News Asia16h ago

Taiwan's science ministry warns spending cuts could hit chips, AI funding - Channel News Asia

Quick Summary:

TAIPEI : Taiwan’s science ministry warned on Friday that funding for areas such as semiconductors, AI and aerospace could be reduced by T$20 billion ($609.11 million) for next year after opposition parties passed laws requiring cuts to economic and technology spending.

FILE PHOTO: A worker miniature is placed among printed circuit boards with semiconductor chips, in this illustration picture taken July 5, 2023.

Micron, AMD and Nvidia applied for technology collaboration projects with the Taiwan government, with partial government funding support.


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Taiwan's science ministry warns spending cuts could hit chips, AI funding - Channel News Asia (Picture 1)Taiwan's science ministry warns spending cuts could hit chips, AI funding - Channel News Asia (Picture 2)

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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-27 @ 19:33:24 (16 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 261 words

Reading Time: 2 minutes read

Sentences: 6 lines

Sentence Length: 44 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 24689918

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About Channel News Asia

Channel News Asia Logo

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 17 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 4 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #27

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  • URL: https://beamstart.com/news/taiwans-science-ministry-warns-spending-1735299905

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