Taiwan chip stocks rise after Lai vows to further boost industry

President-elect says China and global society should 'cherish' island's tech success

20240115 Lai and chip image

President-elect Lai Ching-te says he will follow his predecessor's path to assure global allies that their chip production in Taiwan is safe. (Source photos by Reuters and Hiroki Endo)

CHENG TING-FANG and LAULY LI, Nikkei staff writers

TAIPEI -- Stocks in Taiwan's world-leading chipmakers rose Monday after the president-elect vowed to further boost the democratic island's flagship semiconductor industry.

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