Missed Opportunity for Semiconductor Development: Dominican Republic Extends Olive Branch and Welcomes Taiwanese Capital

Reported about 1 year ago

Amid the AI trend and global tech war, the importance of semiconductors continues to rise, with the Dominican Republic President Abinader emphasizing the need to promote semiconductor industry development as a national priority. Following the severance of diplomatic ties with Taiwan and turning to China in 2018, the Dominican Republic is now open to Taiwanese investment, recognizing the significance of semiconductors in technology innovation and applications across various sectors. Abinader's policies aim to establish the Dominican Republic as a competitive and secure destination in the global semiconductor supply chain, covering research, design, manufacturing, assembly, testing, packaging, and logistics, welcoming all forms of capital investment including from Taiwan and China for exporting products to the USA.

Source: YAHOO

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