Earlier news from Intel is here: Intel to splash US$20bn in capex on two new chip plants in Arizona
Taiwanese Economy Minister Wang Mei-hua responds:
- says this is not a challenge to Taiwan chip firms
- says Taiwan's semiconductor production ecosystem is 'very good'
- Taiwan's chip firms are 'awesome,' their technology keeps improving
- would be happy to see Taiwan-US chip cooperation, but we still hope Taiwan firms increase investment at home
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It will take quite some time for the new Intel plants to come online, Taiwan is well placed to increase its competitiveness further in the meantime.