TSMC and Foxconn cleared to buy COVID vaccines for Taiwan

Government taps private companies after saying politics is hindering procurement

20210618 Foxconn and TSMC

TSMC and Foxconn are the first Taiwanese companies to receive government permission to import COVID vaccines. (Source photos by AP and Shinya Sawai) 

CHENG TING-FANG and LAULY LI, Nikkei staff writers

TAIPEI -- Taiwan will allow Taiwan Semiconductor Manufacturing Co. and Foxconn to buy 10 million doses of COVID vaccines on behalf of the government, as companies race to safeguard the island's flagship tech industry from the pandemic.

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