Tsai: Building ‘4 Ts’ for the semiconductor sector

Radio Taiwan International
Date: 2018-02-02

President Tsai Ing-wen says her government is working to make Taiwan a more favorable

Tsai told Manocha on Friday that Taiwan will build ‘4 Ts’ for the semiconductor sector.

environment for investment, particularly from the semiconductor sector.

Tsai on Friday met Ajit Manocha, the head of Semiconductor Equipment and Materials International (SEMI), a global industry organization. The president said that Manocha at their last meeting had raised the “4Ts” – free trade, talent, tax and technology investment to bolster semiconductor manufacturing and development.

Tsai said her government is working in this direction. Last year saw the passage of a law to make it easier for skilled professionals to live and work in Taiwan. She also said the government has proposed a tax cut to halve tax on unallocated earnings for companies from 10% to 5%. This, she said, will encourage companies to invest more in innovation.

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