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President Lai receives delegation from US semiconductor trade association

HomeUpdatesPresident Lai receives delegation from US semiconductor trade association
President Lai Ching-te said March 2 that Taiwan is committed to strengthening cooperation with the U.S. in areas such as technical standards, talent development, cybersecurity and digital resilience to jointly bolster their reputations as trusted leaders in the artificial intelligence era.
 
Lai made the remarks while receiving the Washington-based Semiconductor Industry Association’s delegation at the Presidential Office in Taipei City. He recognized the association’s long commitment to promoting Taiwan-U.S. collaboration and supporting a resolution of the double taxation issue.
 
Taiwan and the U.S. are like-minded democracies who have built a partnership in semiconductors and high-tech that goes far beyond industrial links, the president said, adding that their cooperation has become a comprehensive strategic alliance centered on safeguarding economic security, technological resilience and democratic values.
 
Lai said the Joint Statement on the Pax Silica Declaration and U.S.-Taiwan Economic Security Cooperation signed at the sixth annual Taiwan-U.S. Economic Prosperity Partnership Dialogue in January marks a milestone of the two sides’ economic and trade relationships and lays a more institutionalized and strategic foundation for all-round bilateral cooperation in the semiconductor and high-tech industries.
 
The cooperation between the partners is expected to be further solidified on the strength of Taiwan’s robust semiconductor ecosystem and the government’s Ten Major AI Infrastructure Projects initiative, which Lai said aims to train 500,000 personnel by 2040.
 
The president went on to say that the government will continue to assist Taiwanese businesses with increasing investments in Japan, the U.S., Europe and Southeast Asia, and will further deepen collaboration with the U.S. and other democracies to build a more resilient and diversified non-red supply chain.
 
John Neuffer, president and CEO of the SIA, congratulated Lai’s administration on signing the Agreement on Reciprocal Trade and an investment memorandum of understanding with the U.S. He expressed optimism about ongoing bilateral semiconductor cooperation and praised Taiwan’s commitment to expanding semiconductor production capacities in the U.S. (YCH-E)
 
Write to Taiwan Today at ttonline@mofa.gov.tw
 

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