Taiwan touts $900 mln in new business from Silicon Valley meetings

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Taiwan's economy minister has drummed up new business worth T$30 billion ($940 million) in meetings with top executives at four major tech firms in California's Silicon Valley, the ministry said on Saturday.

concernsTaiwan is a major semiconductor producer, home to the world's largest contract chip maker, Taiwan Semiconductor Manufacturing CorpRegister now for FREE unlimited access to Reuters.

comThe island's position as a producer has prompted worries in the United States it is too reliant on Taiwan, especially as China ramps up military drills to assert its sovereignty claims.

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