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EU appeals to common values ​​to seduce Taiwanese tip companies

Taiwan, a technological powerhouse home to companies like TSMC, is at the forefront and center of efforts to solve the chip shortage that is closing some car production lines. ..


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TSMC is building a $ 12 billion chip manufacturing plant in Arizona, USA.

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EU officials said Thursday that the European Union and Taiwan are democracies that share values ​​and are natural partners when it comes to semiconductors, suggesting that the island’s major chip companies invest in blocks. Taiwan, the technological powerhouse home to companies such as TSMC, is working to close some car production lines around the world and solve the chip shortage that is currently affecting home appliances. It is the center of. that too.

TSMC is building a $ 12 billion chip manufacturing plant in Arizona, USA, but there is no indication that it is interested in a similar facility in Europe. Sabine Weyand, director of the European Commission’s trade sector, spoke at a virtual Taiwan and EU investment forum, saying that the impact of tip shortages on automakers is a reminder of how important chips are. Said.

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Taiwanese government is keen to sign bilateral investment treaty with EU

“Europe will step up its efforts to increase production through the European Chips Act, but would like to work with like-minded partners, including Taiwan,” referring to a bill proposed by the Commission last month. “Taiwan is not only good at producing semiconductors, but technology is ultimately a security issue. The EU’s digital agenda is formed with like-minded partners according to common values. I hope that. “

Neither the EU nor its member states have formal diplomatic relations with Taiwan, which China claims and is democratically controlled. The Taiwanese government is keen to sign a bilateral investment treaty with the EU, and in 2015, the year before President Tsai Ing-wen first became president of Taiwan, Taiwan became a trading partner for such transactions. First included in the list of countries, but since then Taiwan on this issue.

Tsai said in the same forum that Taiwan, with its democracy, freedom and respect for human rights, is a “natural” partner for the EU. “Initiating negotiations on a bilateral investment treaty could be the beginning of a more concrete partnership for a democracy like us.”

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EU appeals to common values ​​to seduce Taiwanese tip companies

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