Taiwan could supply Europe with chips, eyes central Europe

Reading Time: < 1 minute

Taiwan could help alleviate Europe’s semiconductor shortage by setting up manufacturing operations in central Europe. With a reputation as a tech heavyweight, the autonomous island claimed by mainland China is host to numerous electronic component manufacturers.

In October, the head of Taiwan’s National Development Council, Kung Ming-hsin, said that Czechia, Slovakia and Lithuania had all expressed interest in cooperating on chip production. Following his recent visits to those countries, he said there were plans to set up working groups for deciding on how to proceed. Meanwhile, Taipei has been grateful to Prague and Vilnius for their support against Chinese political pressure.

Around the world, auto production lines and consumer electronics manufacturing have been hampered by a global shortage of microchips.

Brussels has been courting Taiwanese chip manufacturers to address shortages in Europe, and a European Commission strategy aims to involve Taiwan’s involvement.

Source: Reuters

CET Editor

Recent Posts

A Trumping new reality – CET opinion

One of the most disappointing characteristics of our 21st Century is that while we live…

3 days ago

Poland PM urges defence spending hikes as Baltics cut ties with Russian electricity grid

Polish Prime Minister Donald Tusk called on European leaders to increase their defence spending while maintaining close ties…

6 days ago

Kos floats speedy EU accession for Albania, Montenegro

The Munich Security Conference ended on a cautiously positive note for EU candidate countries Albania…

6 days ago

EU looks to Greece for critical raw materials

Greece is poised to become a key player in the EU’s efforts to secure critical…

6 days ago

Poland FM backs Ukraine, but rejects EU army idea

Polish Foreign Minister Radoslaw Sikorski stressed the necessity of European involvement in any peace talks…

7 days ago

‘Poland: growth leader in Europe and the world’- FM proclaims on 2024 data

Poland’s economy emerged as a regional standout in 2024, recording a GDP growth of 2.9%,…

2 weeks ago