It is imperative for the island to remain competitive as countries including the United States, Japan and South Korea offer billions to bolster their chip industries, the economy ministry said

Britain blocks Chinese takeover of chip factory in Wales, saying the move was prompted by national security concerns.

Hong Kong's Hang Seng Index tumbled 2.7%, with its tech stocks slipping more than 5%. Mainland Chinese shares also declined, with blue chips falling 1.2%.

The US tech firm’s most advanced chip yet can store a third more data than older memory chips

The move is an effort to bolster ASML's relations with customers like Samsung and SK Hynix in the face of new US chip sanctions against China

Taiwan, home to the world's largest contract chipmaker, TSMC, plays an outsized role in providing chips used in everything from cars to fighter jets

According to its IPO prospectus, the chip unit listing aimed to raise $281 million to fund projects and replenish capital

TSMC shares jumped after Berkshire Hathaway disclosed in a filing that it owns about 60.1 million American depositary shares of the Taiwanese chipmaker

The chip firm reported flat revenue growth in the third quarter as it faces challenges from US export restrictions on China, SCMP said

Foxconn's India expansion is central to Apple's efforts to shift production away from Covid-hit China

Chinese takeover would endanger public safety because of China's "deliberate, strategic approach to knowledge discovery and production control", German Economy Minister Robert Habeck said.

Major Japanese companies such as NTT and Kioxia have said they will invest in a new state-backed company that aims to mass-produce next-generation logic semiconductors