TAIPEI -- Taiwan's government will safeguard the interest of its homegrown semiconductor companies, a top official said on Wednesday, addressing concerns about the potential impact of a U.S.-led chip alliance on Taiwanese tech industries.
Deputy Economic Affairs Minister Chen Chern-chyi said in a news conference on Wednesday that the purpose of the "Chip 4" alliance -- a framework to ensure a stable supply of vital semiconductors involving South Korea, Japan, Taiwan and the U.S. -- is mainly "to work with our partners to form a resilient supply chain."
