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  • 4 hours ago
The main opposition Kuomintang is preparing to propose a bill that would restrict domestic chip companies' overseas investments.
Transcript
00:00Taiwan's economy minister says an opposition party's plan to restrict chip companies from
00:04investing overseas is not a good idea.
00:21The main opposition, Kuomintang, is preparing to introduce a bill that would require local
00:26chip makers to get legislative approval before investing overseas.
00:31The party says the bill is meant to keep the country's most cutting-edge semiconductor
00:34technology at home.
00:36It comes after Taiwan committed up to $500 billion in chip investment and financing under
00:41its new trade deal with Washington.
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