Taiwan pledges to invest US$200 million in Lithuanian high-tech sector


Source: focustaiwan.tw focustaiwan.tw

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Taiwan pledges to invest US$200 million in Lithuanian high-tech sector Vilnius, Jan. 5 (CNA) Taiwan announced the impending creation of a US$200 million fund to invest in Lithuania's high-tech sector Wednesday, in what Taipei's envoy to the Baltic state described as a concrete show of solidarity amid increasing Chinese pressure. Speaking during an online press event, Eric Huang (黃鈞耀), head of the Taiwanese Representative Office in Lithuania, said the investment fund would be financed by Taiwan's National Development Council (NDC) and would aim to support strategically important industries, such as the semiconductors, biotech, and lasers, in both countries. Huang said...