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US Taiwan aid package includes critical defense stockpiles
The U.S. announced a $567 million military aid package to Taiwan, including critical defense stockpiles and equipment. This aligns with the U.S.’s commitment to Taiwan’s self-defense.2024/10/02 13:12 -
Truck driver dies in accident at TSMC Arizona site
Discover the details of a tragic accident at TSMC’s Arizona construction site that resulted in the death of a truck driver, and learn about the company’s U.S. expansion plans supported by the Biden Administration.2024/05/17 13:15 -
John Neuffer highlights CHIPS Act’s positive impact on U.S.
The U.S. CHIPS and Science Act seeks to boost domestic semiconductor manufacturing. John Neuffer, CEO of the Semiconductor Industry Association, is optimistic about the act, highlighting early private sector commitments and the critical need to rebalance global chip manufacturing.2024/05/06 17:07 -
U.S. approves $300M arms sale to Taiwan
Taiwan’s Ministry of Foreign Affairs (MOFA) has received formal notification from the U.S. government about the sale of tactical information systems worth approximately US$300 million. This arms deal, the twelfth from the Biden administration to Taiwan since 2021, demonstrates the U.S.’s commitment to Taiwan’s defense needs. MOFA expressed gratitude for the U.S.’s continued fulfillment of its security commitments in accordance with the Taiwan Relations Act and the Six Assurances. The sale includes equipment, training, and technical support, which will enhance Taiwan’s national defense and deterrence capabilities. MOFA reiterated Taiwan’s determination to strengthen its self-defense capabilities, safeguard its territory, and preserve its democratic and free way of life in the face of China’s military expansion and provocation. The foreign ministry also emphasized the deepening security partnerships with the U.S. to uphold a rules-based international order and ensure peace, stability, and prosperity in the Taiwan Strait and the broader Indo-Pacific region.2023/12/16 15:48 -
Vietnam wins big as Chinese, US investment surges
Chinese companies are increasingly establishing supply chains in Vietnam as U.S. companies like Apple move production there, according to Japanese media reports. Export restrictions on advanced semiconductors and semiconductor production equipment to China by the Biden Administration have led to difficulties for Chinese manufacturers, prompting a shift in investment towards alternative manufacturing bases like Vietnam. Approved foreign direct investment in Vietnam increased by 15% from January to November 2023, with Chinese investment, including from Hong Kong and Macao, doubling from the previous year. Chinese investment in Vietnam is even higher when routed through subsidiaries based in Singapore and Thailand. Notable investments include Shandong Haohua Tire Co. Ltd.’s US$500 million investment and Trina Solar Co., Ltd.’s US$420 million decision. BYD Company also announced an expansion investment of US$144 million, bringing its total investment in Vietnam to over US$400 million. Japanese experts believe that Chinese enterprises must engage in joint advancements in cutting-edge technology with local entities to be seen as partners by the Vietnamese.2023/12/12 16:02 -
Low risk of China attack if Lai wins: DPP campaign chief
In an interview, Yao Li-ming, the campaign chief for the Democratic Progressive Party’s (DPP) presidential candidate Lai Ching-te, stated that if Lai were to win the presidency, the likelihood of a military attack from mainland China is low and the probability of cross-strait warfare is at its lowest. Yao analyzed that China may employ specific strategies in the last two weeks of the election to make Taiwanese voters perceive choosing Lai as "very dangerous," but the DPP has prepared for such scenarios. Yao drew an analogy, stating that if a bully knows that a person will resist to the death, they might not attack at all. Yao also noted that mainland China’s leader Xi Jinping did not mention a timetable for an attack on Taiwan during the recent Xi-Biden meeting, suggesting that Beijing would not rashly initiate conflict. The DPP is willing to interact with the Chinese Communist Party (CCP) but cannot accept the preconditions of the "One China" principle set by Beijing. A re-elected DPP administration would send a clear message to China, emphasizing that any resolution to the Taiwan issue must involve the DPP. Yao also contended that a successive DPP administration would reflect the support of Taiwan’s younger generation and mainstream public opinion, revealing to Beijing the necessity of recognizing the DPP’s status. Regarding mainland China’s interference in the elections, Yao disclosed that the DPP is ready to confront any unusual situations that may arise, but specific suspicions cannot be made public at this time.2023/12/04 19:56 -
U.S. to upgrade Taiwan military weapon package
Washington has proposed selling 100 most advanced Patriot air-defense missiles with radar and support equipment, according to a US Department of State notice obtained by Bloomberg News.2022/12/07 18:40