Taiwan eyes support hubs for chipmakers in Japan, U.S. expansion

Initiative would help industry players with assistance from tax breaks to land

20241022N wafer

Taiwan, a global hub for chipmakers and their suppliers, looks to expand its supply chain overseas. © Reuters

HIDEAKI RYUGEN, Nikkei staff writer

TAIPEI -- Taiwan is considering setting up support hubs to encourage its semiconductor companies to invest overseas, focusing on promising destinations such as Japan and the U.S.

These "service companies" would serve as one-stop support centers for Taiwanese businesses, helping them secure land, electricity, water and talent as well as making recommendations to help them qualify for tax breaks.

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