2 days ago
US-Taiwan Ties Strengthen as Chip Investments Expand American Industry
A senior American diplomat in Taipei said the United States and Taiwan are working together more closely than ever.
Much of this cooperation involves computer chips and advanced technology.
Taiwanese companies have been investing large amounts of money in the United States.
TSMC plans to invest $265 billion in Arizona.
American companies are also expanding their technology work in Taiwan.
The two sides say these investments can create jobs and strengthen manufacturing.
President Donald Trump has sometimes accused Taiwan of taking semiconductor business from the United States.
Taiwan says that criticism is unfair, while supporting more investment by its companies in America.
Raymond Greene said US-Taiwan ties have never been stronger, citing deeper cooperation in high-tech and advanced manufacturing.
Taiwanese companies have invested billions of dollars in the United States, including TSMC’s $265 billion Arizona investment.
Greene said Taiwan is helping re-industrialise the United States through investments in Arizona and Texas.
US companies are expanding technology partnerships and operations in Taiwan, including in Hsinchu and Taipei.
A Commerce Department official said the CHIPS Act is intended to boost semiconductor manufacturing, American jobs and innovation.
- Who
- Raymond Greene, the de facto U.S. ambassador to Taipei, and U.S. Commerce Department official Bill Frauenhofer discussed the relationship; Taiwanese and U.S. technology companies are involved.
- What
- The officials described stronger U.S.-Taiwan cooperation and highlighted semiconductor and advanced-manufacturing investments.
- Where
- The event took place in Taipei, with investments and partnerships involving Arizona, Texas, Hsinchu and Taipei.
- When
- The remarks were made on Monday, ahead of a semiconductor trade show scheduled for that week; the report is dated August 31.
- Why
- The officials said the cooperation supports semiconductor manufacturing, technology partnerships, American jobs and innovation.
Deeper U.S.-Taiwan Cooperation
Concerns About U.S. Semiconductor Business
State of the relationship
Deeper U.S.-Taiwan Cooperation
Raymond Greene said the relationship has never been stronger, pointing to deeper cooperation in high-tech and advanced manufacturing.
Concerns About U.S. Semiconductor Business
President Donald Trump has at times criticized Taiwan for allegedly “stealing” American semiconductor business.
Taiwanese investment in the United States
Deeper U.S.-Taiwan Cooperation
Greene and Taiwan’s government present increased Taiwanese investment as support for U.S. re-industrialisation, jobs and manufacturing.
Concerns About U.S. Semiconductor Business
Taiwan’s government says the criticism that Taiwan is taking American semiconductor business is unfair, despite backing greater U.S. investment by Taiwanese companies.
Key facts
- U.S. diplomat
- Raymond Greene, the de facto U.S. ambassador to Taipei
- Taiwan investment in Arizona
- TSMC’s reported investment is $265 billion
- Key sectors
- High technology, semiconductors and advanced manufacturing
- U.S. investment locations
- Arizona and Texas
- Taiwan technology hubs
- Hsinchu and Taipei
- Trade show
- SEMICON, scheduled to take place in Taipei that week
- U.S. policy
- The CHIPS Act aims to support domestic semiconductor manufacturing
Quotes
Bill Frauenhofer
Executive director of semiconductor investment and innovation at the U.S. Commerce Department
“Taiwan is helping to re-industrialise America, starting with investments in Arizona and Texas, and U.S. companies are growing their tech partnerships by setting up operations in Hsinchu and Taipei”
theprint.in
“President Trump and the administration are committed to not just reshoring semiconductor manufacturing, but creating American jobs and building the careers that make our nation and people great”
theprint.in
Sources
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