News Snapshot:
TAIPEI (Reuters) – Taiwan President Tsai Ing-wen pledged on Tuesday to look into the tech powerhouse’s electricity management after two major blackouts hit homes and businesses in less than a week, triggering criticism of the government’s power policy. Taiwan, which hosts major chip makers such as Taiwan Semiconductor Manufacturing Co Ltd, imposed power cuts on Monday evening following a spike in demand amid a heatwave and drought and failure at a power plant, in the second such outage in a week. In a live broadcast online, Tsai offered her apology for the two outages and promised to reexamine the island’s...
