Taiwan sees limited COVID-19 impact on economy, chip sector

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Taiwan sees a limited impact on its economy and its key semiconductor industry from its COVID-19 outbreak and is well prepared to ensure chip fabs ...

TAIPEI: Taiwan sees a limited impact on its economy and its key semiconductor industry from its COVID-19 outbreak and is well prepared to ensure chip fabs can operate as normal, officials said on Tuesday .

However, that would rise to 0.53 percentage points if it took to the third quarter to control the outbreak, he said. Science and Technology Ministry official Andrea Hsu told the same news conference that tech companies had had a year to prepare continuity plans in case of a rise in COVID-19 cases, including splitting production teams.

 

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