Stories from Taiwan

A US-China summit held on May 14-15 discussed trade, AI governance, and tensions surrounding Taiwan. The meeting also occurred amidst global concerns, including recent Russian drone attacks on Ukraine.

The Miaoli energy storage testing center conducted a fire drill to test emergency response procedures for its facility, which handles energy storage equipment and lithium batteries. The drill was part of ongoing safety preparedness measures.

Chinese leadership has warned that Taiwan could become a problem between the two superpowers if not handled properly. The United States maintains that its bipartisan approach is based on laws like the Taiwan Relations Act, compelling U.S.

An attack by the ransomware group Nitrogen has resulted in the theft of 8 terabytes of data from Foxconn. The full impact on the global supply chain is still being assessed. The breach affected North American factories.

Monthly rent subsidies ranging from NT$9,000 to NT$19,000 have been extended for households in Hualien affected by the 2024 earthquake. The extension aims to provide continued financial support to affected residents.

The United States has approved a arms sale to Taiwan, valued at $11.1 billion. This development comes as the deal has been legislated, potentially impacting domestic political considerations.

A spokesperson for the Taiwan government stated that maintaining peace and stability across the Taiwan Strait is a consensus for the region and the world. This statement was reported by Reuters.

Foxconn, a major electronics manufacturer, anticipates a slight year-over-year decline in revenue for its computing products in 2026.

Taiwan's government spokesperson stated that China's military threat is the sole source of instability in the region. Discussions between the US and China were expected to focus on trade, technology, and Taiwan. The island nation feels confident despite the ongoing pressure. Officials in Taiwan expressed concerns about Beijing's actions. Taiwan still has faith in the support it receives from the US. The island nation is counting on its leading role in the global semiconductor supply chain as its most leverage. This leverage is for maintaining contact points between Taiwan and Washington. Taiwan is relying on support from the United States amidst ongoing threats from China.

France Info reports that Taiwan is not recognized by the United States, the European Union, or France.