Taiwan economist: US subsidy flip and Trump tariff threats could shake investor trust

The US Department of Commerce is reportedly weighing whether to convert part of the subsidies granted to Intel and TSMC under the CHIPS and Science Act into equity stakes. Chung-Shu Wu, chairman of the Taiwan Institute of Economic Research (TIER), cautioned that such market intervention policies will inevitably undermine corporate investment confidence, weaken US innovation, and damage America’s long-term interests.

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Heron to list in Taiwan with boron neutron cancer therapy device

Heron Neutron Medical, a subsidiary of semiconductor equipment supplier Hermes-Epitek, is set to list on Taiwan’s stock market in mid-September. Heron General Manager Leo Shen stated that by integrating patented technologies from National Tsing Hua University and Taiwan’s Industrial Technology Research Institute (ITRI), the company has developed a patented accelerator-based boron neutron capture therapy (AB-BNCT) device for cancer treatment. This device received medical device certification in 2024, making Heron the first certified manufacturer in Taiwan and the second worldwide.

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It’s official: Trump administration takes 10% Intel stake in $8.9B deal

Intel Corporation announced an agreement with the Trump Administration under which the US government will take a 9.9% stake in the company through a US$8.9 billion equity investment, marking a shift from grant-based support to direct ownership. The investment will be funded by US$5.7 billion in unspent CHIPS and Science Act grants previously awarded to Intel and US$3.2 billion from the Secure Enclave program.

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Mitsubishi Fuso and Foxconn sign MOU to develop zero-emission buses for global markets

Mitsubishi Fuso Truck and Bus Corporation (MFTBC), a leading name in Japan’s commercial vehicle industry, and Hon Hai Technology Group (Foxconn), the world’s largest electronics manufacturer, have signed a memorandum of understanding (MOU) to explore a strategic collaboration in the field of zero-emission buses. The partnership aims to accelerate the deployment of clean mobility solutions in Japan and global markets.

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Yulon pivots to batteries as Taiwan auto market stalls

Taiwanese automaker Yulon Motor Co. held an online investor briefing on August 20, 2025, where General Manager Kuo-Hsing Hsu addressed the impact of tariff uncertainty on the domestic auto industry. Despite mounting pressure, Hsu said Yulon swiftly activated contingency plans and moved to mitigate potential losses early on. The company is now aggressively pursuing new contract manufacturing opportunities, adopting a “lead-and-support” model that integrates local suppliers into multi-model, mixed-line production to enhance the competitiveness of Taiwan-made vehicles.

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Analysis: SoftBank and Trump team up to boost Intel’s foundry push, unlocking Arm chip manufacturing market

The Financial Times recently cited sources revealing that before Intel CEO Lip-Bu Tan visited the White House on August 11, 2025, to meet with President Donald Trump, a preliminary framework for SoftBank’s equity investment in Intel had already been established. SoftBank founder Masayoshi Son met with Tan weeks earlier to discuss potential deals.

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China Motor holds steady on 2025 sales target despite tax uncertainty

Despite ongoing uncertainty surrounding Taiwan’s import tariffs and excise tax policies, China Motor Corporation (CMC), a subsidiary of the Yulon Group, maintains its full-year sales target of 49,000 vehicles for 2025, including contract manufacturing. Speaking at an online investor conference on August 20, CMC Vice President and Spokesperson Chien Ching-Wu said the company will not revise its capacity plans or its scheduled plant shutdowns.

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Samsung reportedly clears Nvidia’s HBM4 checks as meeting between Jensen Huang and Lee Jae-Yong gains attention

Samsung Electronics’ sixth-generation high-bandwidth memory (HBM4), delivered to Nvidia in July 2025, has reportedly cleared reliability testing, positioning it for pre-production by late August. The milestone is viewed as a concrete result of Samsung chairman Lee Jae-yong’s recent meeting with Nvidia CEO Jensen Huang.

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