
Taiwanese Economy Minister Wang Mei-hua assured a top European Union official that Taiwan will continue to be a trusted partner for the global chip sector and assist stabilize the supply chain, which Taipei characterized as a major breakthrough.
Taiwan, a major semiconductor maker, has been courted by the EU to develop facilities in the union, and Taiwan, which is under constant pressure from China, which claims the island as its own, has been eager to demonstrate that it can be a good friend to other democracies.
The talks focused on areas including semiconductor cooperation, after the EU unveiled its European Chips Act in February.
A global chip shortage and supply chain bottlenecks have created havoc for many industries.
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