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Taiwan Confident of Its Position in Semiconductors Market Amid US’s New Chips Act

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Taiwan says its position in making semiconductors will not be shaken as the US is working towards the new chips act. Taiwan is a major chip producer in the world. Meanwhile, US Congress passed the new legislation to subsidise the domestic semiconductor industry. China, on the other hand, had lobbied against the US semiconductor bill, calling it reminiscent of a “Cold …

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