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Taiwan sets up semiconductor task force for Lithuania – ET Auto

December 27, 2021
Source: newswwc.com newswwc.com
News Snapshot:
r Taiwan is known throughout the world for its fully developed semiconductor ecosystemTaipei: Taiwan is set to create a semiconductor task force for Lithuania as the two democracies are broadening ties in the face of China's economic and political coercion.As a small open economy of 2.81 million people, Lithuania is highly dependent on external trade for industrial and agricultural goods. It is one of the fastest-growing economies in the European Union, which is pushing for greater sovereignty in regional semiconductor supply chains and for an expansion of capacity, according to Taiwan News.Further, Taiwan would build up a semiconductor task force...
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Tags: auto | Baltic | Biotech | China | chips | democracy | development | Economy | education | enterprise | ERIC | European | European Union | expansion | facility | India | investment | IT | Japan | Japanese | semiconductor | supply chain | Taiwan | technology | United States

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