Japan and the EU are actively seeking cooperation with Taiwan, and the US has even proposed the Chip 4 semiconductor industry alliance trying to secure its strategic partners in the Asia-Pacific region. But South Korea has its concerns about such an alliance.

Taiwan-based makers received export orders totaling US$54.59 billion in August 2022, increasing 0.6% sequentially and 2.0% on year, according to the Ministry of Economic Affairs (MOEA).

Samsung Electronics is reportedly eyeing a closer tie with Taiwan-based United Microelectronics (UMC), already a foundry partner of the Korean tech giant, for additional OLED display driver IC output.

BenQ Medical Technology expects its revenue and profit to remain on a growth track in the second half of 2022, buoyed by stable global demand for healthcare equipment.