Taiwan’s government is letting its tech giants TSMC and Foxconn buy COVID-19 vaccines on its behalf
Read Time:41 Second

Taiwan’s government is letting its tech giants TSMC and Foxconn buy COVID-19 vaccines on its behalf

0 0

Photo by Tunahan Turhan/SOPA Images/LightRocket via Getty Images

Last year, Taiwan was held up as a model example of how to control the pandemic. Now, with a rising case-count threatening the country’s vital tech industry in the middle of a global semiconductor shortage, its government is letting its powerful corporations buy COVID-19 vaccines on its behalf. It’s an unusual workaround, but one that makes sense given Taiwan’s complaints that China scuppered earlier deals.

As reported by Nikkei Asia and Reuters, the Taiwanese government said on Friday that it would allow chipmaker TSMC and Terry Gou, billionaire founder of tech assembly giant Foxconn, to negotiate on its behalf with vaccine makers. Both TSMC and Gou (who will be working through his Yonglin Education Foundation) said they hope to buy…

Continue reading…

About Post Author

Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %

Average Rating

5 Star
0%
4 Star
0%
3 Star
0%
2 Star
0%
1 Star
0%

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Previous post Tamagotchi’s new smartwatch lets you strap a needy digital pet to your wrist
Next post Ukraine arrests ransomware gang in global cybercriminal crackdown