China-US tensions force Taiwanese tech firms to consider a ‘plan B’ – India or Vietnam
A flurry of technology deals signed last month between Taiwanese and American companies have been touted as a sign of “deepening partnership” between the economies, but the island’s multinationals are increasingly eyeing production bases free of friction between the US and China. The agreements come at a time of historically high tensions between mainland China on one side and the United States and Taiwan on the other. Caught in the middle are some of Taiwan’s biggest firms, especially manufacturers of the fiendishly complex semiconductors at the heart of the modern economy.
Both powers are keen to curry favour with Taiwan’s tech titans, but strained relations between Beijing and Washington, cross-Strait tensions and America’s high manufacturing costs are pushing Tawainese companies in new directions.
Read More at https://www.scmp.com/economy/article/3198171/china-us-tensions-force-taiwanese-tech-firms-consider-plan-b-india-or-vietnam