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COVID vaccines

TSMC, Foxconn say they are in process of signing deal for BioNTech vaccines

Taiwan's government agreed to allow Terry Gou, the billionaire founder of Taiwan's Foxconn, as well as Taiwan Semiconductor Manufacturing Co (TSMC) to negotiate on its behalf for the vaccines.   © Reuters

TAIPEI (Reuters) -- Taiwan's TSMC and Foxconn said on Sunday they were in the middle of the contract signing process to buy COVID-19 vaccines from Germany's BioNTech SE, part of a drawn out and highly politicized process for Taiwan to access the shot.

Taiwan's government has tried for months to buy the vaccine directly from BioNTech and has blamed China, which claims the self-ruled island as its own territory, for nixing a deal the two sides were due to sign earlier this year. China denies the accusations.

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