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© Melexis - for illustrative purposes only Business | November 08, 2022

Lithuania to get chipmaking support from Taiwan

Taiwan, will contribute more than 10 million euros to chip manufacturing in Lithuania, the head of the Taiwanese representative office in Vilnius said on Monday.

According to Eric Huang, head of the representative office, Taiwan's Industrial Technology and Research Institute will work with Lithuanian electronics manufacturer Teltonika, to develop semiconductor technology capabilities locally in the country, Reuters reports.

In November of last year, Lithuania allowed Taiwan to create a de facto embassy in the country, upsetting China, which regards the democratically run island as its own territory.

“This is not a transaction (in exchange of Lithuania allowing opening of the office). It is because Taiwan would like to work with Lithuania together to strengthen the resilience of our democratic supply chain in the face of coercion by autocracies,” Huang said according to the Reuters report.

The Chinese foreign ministry responded to the news on Tuesday, stating that the country is committed to firmly oppose any attempts by Taiwan to collaborate with other forces and achieve independence, Reuters reports in a separate article. 

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November 15 2022 12:19 am V20.10.16-2
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