The Chips and Science Act 2022 signed by US president Joe Biden on August 9 is seen as an important move to boost US competitiveness in the face of a “sputnik moment” with China. As we examine the content, with the conditions set in the law, we found the semiconductor companies will have to take sides if they decide to take the subsidy for building the fabs.

Taiwan-based Ennoconn sees record highs in orders for its three major business sectors, and with no signs of the orders slowing down, company chairman Steve Chu expects clear growth in the high double digits for the second half of 2022 and even 2023.

Forward Science, a Taiwan-based supplier of vacuum pumps, has announced plans to expand its factory site in Miaoli, northern Taiwan to fulfill customer orders in the next couple of years.