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North Carolina strengthens Taiwan ties amid global chip race

Taiwanese officials visiting Raleigh said they see Research Triangle Park as a strong candidate for future investment by chipmakers like TSMC, which produces 90% of AI chips worldwide. The Economic Development Partnership of North Carolina opened a Taiwan office in 2023, helping boost exports 35% as both sides pursue deeper tech collaboration.

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At the recent Taiwan Semiconductor Industry Association (TSIA) annual meeting, Pegatron Chairman Tung Tzu-hsien remarked that concerns about Taiwanese factories setting up operations in the US, sparking a "hollowing out of the industry," actually misunderstand the core structure of Taiwan's industry. He emphasized that the relocation of manufacturing overseas has actually strengthened Taiwan's competitiveness. "R&D and decision-making centers ha…

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The Business Journals broke the news in United States on Sunday, October 26, 2025.
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