Taiwan President Lai Ching-te says he will communicate more with the U.S. over President Donald Trump’s concerns over the chip industry and invest more in the U.S. Trump said Thursday that Taiwan had taken away the U.S. chip business and he wanted it back in the country.
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In a news briefing after holding a meeting of the National Security Council at the presidential office, Lai said that he was aware of Trump’s concerns. He described Taiwan’s semiconductor industry as well as the global semiconductor industry is part of an “ecosystem” in which countries specialize in different areas.“In response to President Trump’s latest actions, Taiwan needs to respond calmly, and communicate well with the industries,” Lai said.
Lai said that Taiwan will maintain communication with the U.S. to help the new government better understand that Taiwan is an “indispensable partner in the United States’ process of rebuilding its manufacturing industry and consolidating its high-tech leadership.”
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