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Taiwan gives boost to tech firms that choose Southeast Asia over China

Taiwan, home base of many of the world’s top producers of electronics, is helping its companies to seek out new Asian manufacturing hubs outside China as skyrocketing US tariffs threaten to splinter the global tech supply chain.

US President Donald Trump’s decision to increase tariffs on US$200bn of Chinese imports the previous week will have convinced any undecided Taiwanese companies of the need to shift some production away from China, Kung Ming-hsin, Taiwan’s minister-without-portfolio in charge of economic affairs, said in an interview.

After Taiwan, according to Mr Kung, Vietnam and India are the next two preferred destinations for Taiwanese electronics companies.

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