TAIPEI -- Taiwan's executive branch approved draft legislation Thursday to add and increase tax credits for semiconductor and other high-tech manufacturing, looking to further widen the sizable lead enjoyed by the island's chipmakers.
Semiconductors
Taiwan looks to boost its chipmakers with sweeter tax breaks
TSMC and others stand to gain from credits for R&D and capital spending
Taiwan Semiconductor Manufacturing Co., the world's top contract chipmaker, is expected to benefit from the incentives. © Reuters
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