CbC Report - Safe Harbor Rules - Taiwan China News - June 3
Jun 02

The Semiconductor Industry Association (SIA) is asking for $37 billion in federal funding to support the US chip sector. In the midst of the trade war between the US and China, on May 15, TSMC has announced to invest $12 billion on a wafer fab in Arizona. On the same day, the US announced to restrict China’s leading telecommunications company Huawei and its semiconductor subsidiary HiSilicon to use U.S. technology and software.

The Taiwanese government does not currently have a subsidy plan to aid TSMC and boost the semiconductor industry in the current situation. However, for the purpose of improving industrial innovation and optimizing industrial structure, the Statute for Industrial Innovation by Taiwan Ministry of Finance in 2019 provides preferential tax incentives to local industries, including the semiconductor industry.

written by Good Earth


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