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

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

Foxconn and its Indonesian parter Indrika Energy is looking to make EV batteries with a Thai firm, possibly the state-run energy giant PTT.

China is looking to develop its high-tech industries with South Korea’s help while Seoul hopes Beijing can help rein in North Korea

Indonesia's Just Energy Transition Partnership, which was announced by the US, Japan and partners on Tuesday, plans to bring forward Jakarta's peak emissions by seven years to 2030

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

Chinese carmaker's patent filings suggest it may be have the greatest technical prowess of EV makers on the mainland

Biden said there was a need for respect for freedom of navigation and overflight in the East and South China Seas; the US would "compete vigorously" but ensure that "competition does not veer into conflict"

US-China rivalry is expected to feature in talks at the ASEAN summit in Phnom Penh, but the UN is also pushing hard for leaders to help end the war in Myanmar

The US Trade Representative's office said the latest talks between Taiwan and officials from six US agencies went well, before they wound up in New York on Wednesday

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