China, which is reeling from punishing US tech sanctions, is exploring using graphene instead of silicon in microchips as it desperately attempts to match its global rivals

"It was a very happy, polite interaction," Taiwan official Morris Chang said, adding that tensions across the Taiwan Strait were not discussed

The two representatives discussed TSMC's new $12 billion microchip plant in the US state of Arizona

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

Taiwan is creating tensions by colluding with external nations, Chinese foreign ministry spokesman Zhao Lijian said on Tuesday

Hua Hong Semiconductor, which specializes in mature technology, has been given regulatory approval for a $2.5-billion IPO in Shanghai

China's microchip firms are rushing to snap up foreign engineers in China who were laid off after a crackdown by the US

The proposed plant will be located in Toayuan in Northern Taiwan, with TSMC yet to confirm the claim which came from a close source, Taiwan News said

The "Chips and Science" act provides about $52 billion in subsidies for US semiconductor production and an investment tax credit for chip plants estimated at $24 billion

Server chips had been the only remaining bright spot in memory chip demand that drove SK Hynix to report a 56% jump in operating profit

The bill provides about $52 billion in subsidies for US semiconductor production as well as an investment tax credit for chip plants estimated to be worth $24 billion

Tech experts say China will be dependent on foreign suppliers for years, so carmakers, who face a boom in demand and long supply delays, sometimes have to pay a premium to chip brokers