Taiwan's legislature has approved a draft amendment to Article 10-2 and Article 72 of the Industrial Innovation Law, called the Taiwan Chip Law. It aims to attract more enterprises to make major investments in Taiwan, and to strengthen and improve the position of Taiwan's key industries, including the semiconductor industry, in the global supply chain.
The Taiwan Ministry of Economics states, “This law takes into account both industrial development and reasonable tax burden. Taiwan is an important part of the global supply chain, as well as a reliable partner for large international factories. Taiwan must strengthen its international competitiveness. advantages in key industries in the face of massive stimulus from the US, Japan, South Korea and the European Union.
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Metallurgy news
- 31 December 2025
14:00 TUIK: In January-November 2025, the value of steel exports from Turkey increased by 5.5 percent 14:00 ADMIB: High demand from the EU supported Turkish steel exporters in November 13:00 Indian company SSWL invests $47 million to expand steel wheel plant in Gujarat 13:00 Exports of tool steel from the United States in August 2025 increased by 8.5% compared to July 12:00 China's Ministry of Finance reduces the VAT rate for real estate transactions in an attempt to support real estate in 2026 12:00 TUIK: The cost of steel imports to Turkey decreased by 5.1 percent in January-October 2025 11:00 US trade bar exports fell 16.3 percent in August 2025 compared to July 11:00 India: Odisha puts 35 mineral blocks up for auction next year
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