Inflation

Taiwan's first power price hike in 4 years jolts chip sector

Rate increase on heavy users comes as industry faces inflation, demand woes

THOMPSON CHAU, Contributing writer
June 27, 2022 21:03 JST

TAIPEI -- Taiwan will increase its electricity rates by an average of 8.4%, hitting heavy industrial users while sparing households and small businesses, in the first tariff changes in four years.

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