Taiwan boasts of $900 million in new business after talks in Silicon Valley

In discussions with senior executives at four significant IT companies in California's Silicon Valley.

Taiwan's economy minister generated new business worth T$30 billion ($940 million), the ministry reported on Saturday.

Wang Mei-hua has spent the whole week in the US in order to address what her office has referred to as "concerns" about supply chains and geopolitical matters.

Taiwan is a significant producer of semiconductors and is home to Taiwan Semiconductor Manufacturing Corp..

Which supplies the majority of the top tech companies in the world.

Being a producer, the island has raised concerns in the US that it is overly dependent on Taiwan, particularly as China intensifies military exercises to bolster its sovereignty claims.


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