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Taiwan invests in Lithuania’s chip industry

Taiwan plans to invest more than €10 million in chip production in Lithuania, as the head of Taiwan’s representative office in Vilnius said on Monday. Specifically, Taiwan’s Industrial Technology and Research Institute will cooperate with Lithuania’s electronics manufacturer Teltonika to build semiconductor technology capacity in the Baltic country, said Eric Huang, head of the representative office. In addition, scholarships will be offered for Lithuanians to receive technical training in Taiwan.

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