Taiwan touts 'democracy chips' in meeting with US state governor
Skip to main content
  • Home
  • Economy
    • Aviation
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
    • Book Review
    • Brands
    • Earth
    • Explorer
    • Fact Check
    • Family
    • Food
    • Game Reviews
    • Good Practices
    • Habitat
    • Humour
    • In Focus
    • Luxury
    • Mode
    • Panorama
    • Pursuit
    • Wealth
    • Wellbeing
    • Wheels
  • Epaper
  • More
    • Subscribe
    • Videos
    • Thoughts
    • Splash
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • COVID-19
    • Games
    • Long Read
    • Interviews
    • Offbeat
    • Podcast
    • Quiz
    • Tech
    • Trial By Trivia
    • Magazine
  • বাংলা
The Business Standard

Tuesday
January 31, 2023

Sign In
Subscribe
  • Home
  • Economy
    • Aviation
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
    • Book Review
    • Brands
    • Earth
    • Explorer
    • Fact Check
    • Family
    • Food
    • Game Reviews
    • Good Practices
    • Habitat
    • Humour
    • In Focus
    • Luxury
    • Mode
    • Panorama
    • Pursuit
    • Wealth
    • Wellbeing
    • Wheels
  • Epaper
  • More
    • Subscribe
    • Videos
    • Thoughts
    • Splash
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • COVID-19
    • Games
    • Long Read
    • Interviews
    • Offbeat
    • Podcast
    • Quiz
    • Tech
    • Trial By Trivia
    • Magazine
  • বাংলা
TUESDAY, JANUARY 31, 2023
Taiwan touts 'democracy chips' in meeting with US state governor

World+Biz

Reuters
22 August, 2022, 04:10 pm
Last modified: 22 August, 2022, 04:10 pm

Related News

  • 'Seriously doubt' imminent invasion of Taiwan by China -Pentagon chief
  • Samsung's quarterly profit sinks to 8-year low on demand slump
  • Chip War: The fight for the world’s most critical technology
  • Who will win the global chipmaking war?
  • Biden to hit China with broader curbs on US chip and tool exports

Taiwan touts 'democracy chips' in meeting with US state governor

Reuters
22 August, 2022, 04:10 pm
Last modified: 22 August, 2022, 04:10 pm
Taiwan's Deputy Economy Minister Chen Chern-chyi and Indiana Governor Eric Holcomb pose for a group photo after signing a MOU on Economic Cooperation and Trade Relations between Taiwan and Indiana in Taipei, Taiwan, August 22, 2022. REUTERS/Ann Wang
Taiwan's Deputy Economy Minister Chen Chern-chyi and Indiana Governor Eric Holcomb pose for a group photo after signing a MOU on Economic Cooperation and Trade Relations between Taiwan and Indiana in Taipei, Taiwan, August 22, 2022. REUTERS/Ann Wang

Taiwan wants to ensure its partners have reliable supplies of semiconductors, or "democracy chips", President Tsai Ing-wen told the governor of the US state of Indiana on Monday, saying China's threats mean fellow democracies have to cooperate.

Governor Eric Holcomb, a Republican, is making the third trip to Taiwan this month by a US delegation after US House Speaker Nancy Pelosi visited briefly, infuriating China, which views Taiwan as its own territory.

A week after Pelosi's visit, five US lawmakers, led by Senator Ed Markey, visited Taiwan. 

China staged extensive military exercises near Taiwan after Pelosi's visit. Taiwan rejects Beijing's sovereignty claims, saying only the island's people can decide their future.

"Taiwan has been confronted by military threats from China, in and around the Taiwan Strait," Tsai told Holcomb during a meeting at her office in Taipei.

"At this moment, democratic allies must stand together and boost cooperation across all areas," she added, in remarks carried live on her social media pages.

China has yet to comment on Holcomb's visit.

Holcomb is due to meet representatives of Taiwan's semiconductor companies on his visit amid an expansion of links between his state and the island, which is home to the world's largest contact chip maker, Taiwan Semiconductor Manufacturing Co Ltd (TSMC).

"Economic security is an important pillar of national and regional security," Tsai said. "Taiwan is willing and able to strengthen cooperation with democratic partners in building sustainable supply chains for democracy chips."

Holcomb talked of the efforts his state was making in supporting the tech industry, pointing to a June announcement by Taiwan's MediaTek Inc, the world's fourth largest chip designer by revenue, of a new design centre in Indiana in partnership with Purdue University.

"We look so forward to working with them in designing the future," he said.

PAINS TO GAINS
Speaking to reporters later, Holcomb said Taiwan offered some of the best high-technology talent in the world.

"We're facing and specifically seeking to turn supply chain pains into supply chain gains. I think the way we get there faster, in a more resilient fashion, is by doing it together," he said.

Holcomb oversaw the signing of a cooperation agreement between Purdue and Taiwanese electronics contract manufacturer Wistron Corp, with company chairman Simon Lin mentioning opportunities to collaborate on areas like cybersecurity and smart factories.

Taiwan has been keen to show the United States, its most important international backer, that it is a reliable friend as a global chip crunch impacts auto production and consumer electronics.

Tsai said Indiana stood to become a centre for chip technology following this month's signing into law of a US act to subsidise the domestic semiconductor industry as it competes with Chinese and other foreign manufacturers.

TSMC is building a $12 billion plant in the US state of Arizona.

China / USA

Taiwan-US Relations / chip

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Representational image. Photo: MumitM/TBS
    Another bolt from blue for consumers as retail power price hiked by 5%
  • The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, U.S., September 4, 2018. REUTERS/Yuri Gripas/File Photo
    IMF approves $4.7 billion loan for Bangladesh, calls for ambitious reforms
  • Representational Image.
    Bangladesh remains one of the most corrupt countries in South Asia

MOST VIEWED

  • Gautam Adani. Picture: Reuters
    Adani drops off list of world's top 10 richest people
  • Police officials stand outside 12200 Chessington Drive in southwest Houston, Texas, U.S., April 30, 2021. Dozens of persons were found inside a residence in Southwest Houston, which was initially reported as a kidnapping but prompted police to look into human smuggling, police and local news organizations reported. REUTERS/Adrees Latif
    10 people wounded in Florida mass shooting
  • A British Airways Boeing 747 G-CIVD leaves London Heathrow airport on its final flight, the first of 31 jumbo jets to be retired early by the airline due to the coronavirus disease (Covid-19) pandemic, in London, Britain, 18 August, 2020/ Reuters
    Boeing to deliver last 747, the plane that democratized flying
  • Commander-in-Chief of Myanmar's armed forces, Senior Gen. Min Aung Hlaing. Photo: Collected
    UN chief backs democracy for Myanmar 2 years after coup
  • IFIs like the IMF will need to provide new finance early on. Photo: Reuters.
    IMF and Cameroon reach $74.6 mln staff-level agreement - statement
  • A displaced Afghan woman holds her child as she waits with other women to receive aid supply outside an UNCHR distribution center on the outskirts of Kabul, Afghanistan October 28, 2021. REUTERS/Zohra Bensemra
    UN calls on Taliban to let women help give aid to desperate Afghans

Related News

  • 'Seriously doubt' imminent invasion of Taiwan by China -Pentagon chief
  • Samsung's quarterly profit sinks to 8-year low on demand slump
  • Chip War: The fight for the world’s most critical technology
  • Who will win the global chipmaking war?
  • Biden to hit China with broader curbs on US chip and tool exports

Features

Photo: Collected

Tips to incorporate sustainable construction

1h | Habitat
Photo: Noor-A-Alam

How did mud walls find their way into urban designs?

2h | Habitat
Spotify is among the tech platforms that saw record growth during Covid lockdowns
Photo: DW

Could tech layoffs spread to rest of US economy?

5h | Panorama
Leepu realised his love for cars from a young age and for the last 40 years, he has transformed, designed and customised hundreds of cars. Photo: Collected

'I am not crazy about cars anymore': Nizamuddin Awlia Leepu

6h | Panorama

More Videos from TBS

two more factories of the country got platinum certificate.

two more factories of the country got platinum certificate.

17h | TBS Today
Iconic villains of Bollywood

Iconic villains of Bollywood

17h | TBS Entertainment
General knowledge "Gravity"

General knowledge "Gravity"

16h | Videos
Will tanks turn the tide for Ukraine?

Will tanks turn the tide for Ukraine?

17h | TBS World

Most Read

1
Bapex calls candidates for job test 9 years after advert!
Bangladesh

Bapex calls candidates for job test 9 years after advert!

2
Illustration: TBS
Banking

16 banks at risk of capital shortfall if top 3 borrowers default

3
Representational Image
Banking

Cash-strapped Islami, Al-Arafah and National turn to Sonali Bank for costly fund

4
Photo: Collected
Energy

8 Ctg power plants out of production

5
Photo: Saqlain Rizve
Bangladesh

Bangladeshi university students identified as problematic users of Facebook, internet: Study

6
Photo: Collected
Splash

Hansal Mehta responds as Twitter user calls him 'shameless' for making Faraaz

EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Privacy Policy
  • Comment Policy
Copyright © 2023
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net