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home / articles / TECH - Taiwan Bolsters 'Chip Diplomacy' With Canada And France Amid China Tensions | Benzinga


TECH - Taiwan Bolsters 'Chip Diplomacy' With Canada And France Amid China Tensions | Benzinga

In a move to bolster its global standing, Taiwan has extended its ‘chip diplomacy’ to the Czech Republic, signing a tech pact with the U.S., Canada, France, and Germany in recent months.

What Happened: The National Science and Technology Council (NSTC) of Taiwan has inked two significant tech deals in the past week, reported Bloomberg.

The first deal is a science, technology, and innovation agreement with Canada, aimed at jointly nurturing talent. The second involves the establishment of an office in Prague to support the development of Czech chip design engineers.

This initiative is part of Taiwan’s broader strategy to leverage its position as a global leader in chip manufacturing to enhance its international presence. The move is particularly significant given China’s strong opposition to formal exchanges between Taiwan and other nations.

"The situation of Taiwan was very difficult in the past, but in recent years we're getting better and better because a lot of countries discover the existence of Taiwan mostly because of semiconductors," NSTC Minister Wu Tsung-Tsong said, according to the report.

Despite China’s claims on Taiwan, the island has emerged as a key player in advanced electronics ...

Full story available on Benzinga.com

Stock Information

Company Name: Bio-Techne Corp
Stock Symbol: TECH
Market: NASDAQ
Website: bio-techne.com

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