The National Science Foundation is sponsoring workshops in Taiwan to facilitate collaboration between U.S. startups and Taiwanese firms in crucial sectors like semiconductors and AI, recognizing Taiwan's significance in the tech supply chain.
The program, supported by Taiwan's Ministry of Economic Affairs, focuses on deep tech areas such as biotechnology and quantum computing, with plans to expand collaboration to U.S.-allied nations in the future, creating a strong global supply chain for American startups.
Taiwan Semiconductor Manufacturing Co. (TSMC) dominates the logic chip market, receiving significant grants from the U.S. Commerce Department to establish manufacturing plants in Arizona, highlighting Taiwan's central role in hardware innovation.
Collaboration and access to global supply chains are crucial for U.S. startups' success, as noted by Michelle Kiang, co-founder of Impact Science Ventures, emphasizing the necessity of building strong international partnerships for sustained economic growth.
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