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Taiwan chip firms may move to Chinese mainland as Covid-19 cases spike: experts


chip Photo:VCG
TAIPEI (Global Times): As the Covid-19 resurgence on the island of Taiwan affects major chip packager King Yuan Electronics Corp and threatens the whole chip industry on the island, experts from the Chinese mainland said that Taiwan-based chip companies may partially shift capacity to the mainland to ensure supply to the huge market.
Taiwan-based chip packaging and testing firm King Yuan said that it would suspend production for two days after dozens of employees contracted Covid-19.
According to a stock filing, the company said that the halt could hit 4-6 perc ent of its output this month. ....

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