Semiconductors: in Europe, the Taiwanese want to bet on Lithuania
Two tank trucks in front of a factory of the Taiwan Semiconductor Manufacturing Company (TSMC) in Taichung, central Taiwan (photo illustration).
AFP - SAM YEH
Text by: RFI Follow
1 min
Taiwan is preparing to invest ten million euros in the production of electronic chips in Lithuania.
It is Itri, the Taiwanese Institute of Technology and Research, in cooperation with a local specialist in wireless communication, which will have to develop the production of semiconductors.
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While the pandemic has revealed Europe's weakness in the production of semiconductors compared to Asia (80% of world production comes from there), small Lithuania wants to do well by producing the precious chips directly on his floor.
Almost a year after the opening of the Taiwan representative office in this Baltic country, here is the first cooperation plan.
The Taiwan Institute of Technology and Research chose Teltonika as a partner.
Initially a simple producer of telecommunications systems, this Lithuanian group has become one of the specialists in wireless communication.
In addition to the opening of the factory, the ten million euro investment plan also provides for around twenty scholarships so that Lithuanian engineers can be trained in Taiwan.
►Read also: Semiconductors: Washington declares war on Beijing
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