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Trade war pushing Taiwanese firms back home, with reshoring raising island’s GDP growth rate

Summary:
[unable to retrieve full-text content]When Tong Hsing Electronic Industries of Taipei decided to expand production of high-end packaging material for technology equipment, they initially talked about setting up a factory in China, but eventually “discarded” the idea because exports to the United States would be hit with tariffs resulting from the trade war between the two counties. The 44-year-old developer, with registered capital of NT.654 billion (US2 million), will instead open a factory in 2021 covering more than 33,000…

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[unable to retrieve full-text content]
When Tong Hsing Electronic Industries of Taipei decided to expand production of high-end packaging material for technology equipment, they initially talked about setting up a factory in China, but eventually “discarded” the idea because exports to the United States would be hit with tariffs resulting from the trade war between the two counties. The 44-year-old developer, with registered capital of NT$1.654 billion (US$542 million), will instead open a factory in 2021 covering more than 33,000…

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