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Taiwan will not agree to 50-50 chip production deal with US
October 02, 2025
|Business World Philippines
Taiwan will not agree to a deal with the United States for half of all semiconductor production to take place in the country, the island’s top tariff negotiator said on Wednesday after returning home.
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US Secretary of Commerce Howard Lutnick told US television network News Nation over the weekend that Washington's pitch to Taiwan would be a 50-50 split in making chips, the vast majority of which are now made on the island.
Taiwan Vice Premier Cheng Li-chiun, who is leading the tariff talks with Washington, told reporters upon getting back to the island that she had not discussed the 50-50 idea suggested by the US during the talks.
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Business World Philippines
CPG says P1.6-billion Barbados Tower nearly fully taken up
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The SM Journey: Why values and ESG+R matter
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PHILIPPINE FACTORY ACTIVITY fell sharply in November — the steepest drop in over four years — as output and new orders declined amid weather disruptions.
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Japan's JERA Power
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Van Sickle family works wonders for PG Angels
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Aboitiz-led consortium secures PCC nod for CBK hydro acquisition
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