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Economy

Taiwan hit by triple blow of drought, blackouts and COVID surge

Maintaining production crucial to island's economy during global chip shortage

As of Thursday afternoon, the water reserve rate at the Nanhua Reservoir only stood at 10.6%, suggesting the water supply from this reservoir could last only 23 days if without any more rainfalls.  (Photo by Cheng Ting-Fang)
CHENG TING-FANG and LAULY LI, Nikkei staff writers | Taiwan

TAINAN, NEW TAIPEI/Taiwan -- The calm of a sunny May afternoon in Taiwan was broken by a crescendo of smartphones buzzing due to a national emergency alert.

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