An increasing number of Taiwanese firms are looking at establishing secondary headquarters overseas because of fears that China might launch an attack on the disputed island, the Financial Times reported.
The companies, most of which are in manufacturing, are said to be eyeing sites in Southeast Asia, the report went on, in a bid to set up an alternative command system abroad that they can immediately activate if Beijing launched an invasion.
Taiwanese contract manufacturers play a key role in numerous global supply chains, including electronic devices and their components, personal computers, smartphones, servers and telecom networking gear.
Read the full story: The Financial Times
- By Sean O’Meara
Also on AF:
TSMC Restarts Taiwan Fabs After Earthquake Shutdowns
China Defence Spending up 7% Amid Taiwan Reunification Change
Taiwan Chip Firms Migrate to Japan, TSMC to Open Kyushu Plant
TSMC at Centre of Taiwan Election Row Over China Tensions
Xi Warned Biden That China Would Reunify With Taiwan – NBC