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By Reuters Staff
3 Min Read
TAIPEI (Reuters) - Taiwan Economy Minister Wang Mei-hua will hold a virtual meeting with the United States next week to discuss supply chains, with semiconductor firms present, her ministry said on Friday, amid a global shortage of chips used by automakers.
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The State Department said Deputy Assistant Secretary for Trade Policy and Negotiations Matt Murray would take part in the meeting. It will be the most senior announced exchange between Taiwan and the Biden administration, which took office on Jan. 20.
Car factories around the world are shutting assembly lines because of the chip shortages, which in some cases have been exacerbated by the former U.S. administration’s actions against Chinese chip factories.
India on Wednesday approved a 73.5 billion rupee ($1.02 billion) plan to boost local manufacturing and exports of IT products such as laptops, tablets, personal computers and servers, the technology minister said.
The Federal Communications Commission said Monday it is moving to finalize rules for a temporary $3.2 billion program funded by Congress to provide lower-income Americans with discounts on monthly internet service and on purchasing a laptop or tablet computer.