Taiwan rolls out tax credits for chipmakers to keep R&D local
Taiwan has become the latest nation to offer financial incentives to encourage semiconductor manufacturers to invest in facilities and new technologies within its territory, passing extra rules to let companies flip research and development costs into tax credits.
According to Bloomberg, Taiwan has offered financial assistance to chip companies before, but the government is said to be stepping up its efforts to ensure the latest chip technologies"remain in Taiwan," perhaps a reference to native chip giant TSMC expanding to include new facilities being built in the US and elsewhere.
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