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Taiwan ‘happy’ to see chip investment in EU

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Taipei government says it seeks deeper trade ties with Europe

Taipei — Taiwan would be “happy” to see its chip firms invest in the EU and deeper ties with the bloc akin to Taipei’s relations with Washington could help pave the way for that, a senior Taiwanese government official says.

Taiwan deputy economy minister Chen Chern-chyi, whose portfolio covers economic relations with Europe, said on Monday that while he could not speak on behalf of chip companies he noted they have not said they are not going to Europe. In one wrinkle for EU ambitions, Taiwan’s GlobalWafers failed in February in a €4.35bn takeover attempt of German chip supplier Siltronic.

 

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