Taiwan is selling more to the US than China in major shift away from Beijing
Associated Press
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A worker walks past the logo of the factory of King Yuan Electronics Co. after work in Miaoli County, western Taiwan, May 9, 2024. In late April 2024, King Yuan Electronics Corp., a Taiwanese company specializing in semiconductor testing and packaging, said it was ending its two-decade-long run in mainland China by selling off its entire stake, worth $670 million, in its venture in the eastern Chinese city of Suzhou. (AP Photo/Chiang Ying-ying)A worker leaves the factory of King Yuan Electronics Co., after work in Hsinchu City, Northwest Taiwan, May 9, 2024. In late April 2024, King Yuan Electronics Corp., a Taiwanese company specializing in semiconductor testing and packaging, said it was ending its two-decade-long run in mainland China by selling off its entire stake, worth $670 million, in its venture in the eastern Chinese city of Suzhou. (AP Photo/Chiang Ying-ying)Trucks move in and out of the factory of King Yuan Electronics Co. in Miaoli County, western Taiwan, May 9, 2024. In late April 2024, King Yuan Electronics Corp., a Taiwanese company specializing in semiconductor testing and packaging, said it was ending its two-decade-long run in mainland China by selling off its entire stake, worth $670 million, in its venture in the eastern Chinese city of Suzhou. (AP Photo/Chiang Ying-ying)This photo shows the logo of the King Yuan Electronics Co. in Miaoli County, western Taiwan, May 9, 2024. In late April 2024, King Yuan Electronics Corp., a Taiwanese company specializing in semiconductor testing and packaging, said it was ending its two-decade-long run in mainland China by selling off its entire stake, worth $670 million, in its venture in the eastern Chinese city of Suzhou. (AP Photo/Chiang Ying-ying)Workers leave the factory of King Yuan Electronics Co., after work in Miaoli County, western Taiwan, May 9, 2024. In late April 2024, King Yuan Electronics Corp., a Taiwanese company specializing in semiconductor testing and packaging, said it was ending its two-decade-long run in mainland China by selling off its entire stake, worth $670 million, in its venture in the eastern Chinese city of Suzhou. (AP Photo/Chiang Ying-ying)FILE - Taiwan Semiconductor Manufacturing Company founder Morris Chang speaks at the new facility in Phoenix, Dec. 6, 2022. In early April 2024, Taiwan's TSMC, the world's biggest computer chip maker, announced it would expand its U.S. investments to $65 billion after the Biden administration pledged up to $6.6 billion in incentives that would put Arizona on track to produce about one fifth of the worlds most advanced chips by 2030.(AP Photo/Ross D. Franklin, File)FILE - President Joe Biden speaks about his economic agenda after touring the building site for a new computer chip plant for Taiwan Semiconductor Manufacturing Company, Dec. 6, 2022, in Phoenix. In early April 2024, Taiwan's TSMC, the world's biggest computer chip maker, announced it would expand its U.S. investments to $65 billion after the Biden administration pledged up to $6.6 billion in incentives that would put Arizona on track to produce about one fifth of the worlds most advanced chips by 2030. (AP Photo/Patrick Semansky, File)FILE - This photo shows the logo of TSMC (Taiwan Semiconductor Manufacturing Company) during the Taiwan Innotech Expo at the World Trade Center in Taipei, Taiwan, Oct. 14, 2022. Taiwan is reducing its reliance on the Chinese mainland as it seeks to insulate itself from pressure from Beijing while forging closer economic and trade ties with the United States. (AP Photo/Chiang Ying-ying, File)
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A worker walks past the logo of the factory of King Yuan Electronics Co. after work in Miaoli County, western Taiwan, May 9, 2024. In late April 2024, King Yuan Electronics Corp., a Taiwanese company specializing in semiconductor testing and packaging, said it was ending its two-decade-long run in mainland China by selling off its entire stake, worth $670 million, in its venture in the eastern Chinese city of Suzhou. (AP Photo/Chiang Ying-ying)
