Dispute Over Nvidia's Planned Taipei HQ Nearing Resolution

TaiwanPlus News

Nvidia's plans to build its Taiwan headquarters in Taipei could be back on track. Shin Kong Life Insurance, which currently holds the land rights to the plot, on Wednesday agreed to terminate its contract with the Taipei City government, which owns the land, clearing the way for Nvidia to build its new office there.

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00:00An impasse over the location of U.S. chip giant NVIDIA's planned Taipei headquarters may soon be resolved.

00:08Shinkong Life Insurance, the company that currently holds land rights for the plot chosen by NVIDIA,

00:14has agreed to end its contract with landowner Taipei City.

00:19The move would release the land back to the city government, paving the way for NVIDIA to get the rights to build there.

00:25During the back and forth, several other major cities around the country also offered land for NVIDIA to build their Taiwan office.

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