Taiwan to decide on chip, LCD China investments soon

Last Updated: Friday, January 8, 2010 - 12:48

Taipei: Taiwan will soon decide whether to allow semiconductor and LCD panel makers to build advanced facilities in China, the island`s premier said on Friday, just weeks after South Korea allowed its firms to do so.
"If Taiwanese companies can maintain their technological advantage and market share by investing in China, we will allow them to do so and there should be a decision on it soon," said Taiwan`s Premier Wu Den-yih.
Taiwanese chip foundries such as TSMC and LCD panel makers such as AU Optronics are currently forbidden from building advanced facilities in China.

Bureau Report



First Published: Friday, January 8, 2010 - 12:48

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