-- Taiwanese semiconductor and tech companies are planning around NT$1 trillion ($35 billion) in fresh investment in the United States, Focus Taiwan reported Thursday, citing Economy Minister Kung Ming-hsin.
He said about 20 firms, including GlobalWafers (TWO:6488) and Foxconn (TPE:2317), have signaled US expansion plans, excluding TSMC, which has already committed NT$5.17 trillion separately.
Kung also said progress is being made on a double taxation relief bill, while CPC Corp advanced its energy cooperation through a 25-year LNG deal with US LNG firm, Cheniere, the news outlet said.
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