Advanced Micro Devices, Inc. (AMD), a U.S.-based artificial intelligence chip designer, has applied with the Ministry of Economic Affairs (MOEA) to set up a research and development center in Taiwan as part of the government's "A+ global R&D and innovation partnership program," the MOEA said Monday.
Taiwan's trade dependence on China, which rose steadily from 2014 to 2021, has started to weaken because of the impact of the COVID-19 pandemic and higher operating costs in China, experts said recently.
Riding the wave of booming emerging technologies, in particular artificial intelligence development, Taiwan's export orders for April rose more than 10 percent, beating an earlier Ministry of Economic Affairs (MOEA) estimate, the ministry said Monday.