Taiwan wants closer EU ties
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Taiwan's President Lai Ching-te has called for an economic partnership agreement with the EU, focusing on semiconductor collaboration and democratic solidarity. This move aims to enhance secure supply chains and mutual resilience against authoritarian threats.
November 18, 2024 | 8:30 am
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Taiwan's push for an economic partnership with the EU could benefit TSMC by enhancing semiconductor collaboration and securing supply chains, potentially boosting its market position.
Taiwan's emphasis on semiconductor collaboration with the EU directly relates to TSMC's core business. A partnership could lead to increased demand and stronger market positioning for TSMC, positively impacting its stock price.
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