A leading indicator of the demand for technology globally, the island's export orders are also likely to see a significant decline in December

Taiwan's government has opened an investigation into Chinese social media platform TikTok amid suspicion it illegally runs a subsidiary on the island

Taiwan's export orders often arrive two to three months ahead of actual exports as a leading sign of demand for high-tech goods and Asian exports

Foxconn faces disciplinary action from Taiwan's government after it disclosed it was a shareholder of Chinese chip conglomerate Tsinghua Unigroup

TSMC announced on Tuesday it would more than triple its planned investment at its Arizona plant to $40 billion

The US President's visit follows the Taiwanese chipmaker’s move to more than triple its planned investment in the factory to $40 billion

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

The island’s export orders slumped 6.3% in October from a year earlier to $55.4 billion, surprising analysts who’d expected a drop of 1%

Astronomers from both nations are exploring the idea of creating instruments together, SCMP said

"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

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