The semiconductor sector has long stood as a cornerstone of the global economy. Taiwan, home to high-profile chip manufacturers like TSMC $TSM and UMC $UMCN , remains vital to worldwide supply chains. However, recent signals from US officials regarding potential tariffs on imported semiconductors and pharmaceuticals have added a fresh layer of unpredictability for Asia’s technology leaders.
The trading landscape in financial markets is constantly evolving, and recent developments from the United States have significantly impacted Taiwanese technology companies' stocks. Following the announcement of temporary exemptions from high tariffs on various electronic devices, primarily smartphones and computers, stock prices have seen significant fluctuations.
On Friday, the Taiwanese government announced a plan to allocate 88 billion New Zealand dollars (approximately 2.7 billion USD) to assist local businesses facing challenges due to new tariffs imposed by the United States. This decision holds significant strategic importance for the local economy and is aimed at supporting key sectors affected by changes in international trade.
