Stories from Taiwan

The NGO Sea-Watch 5 reported that the Libyan coast guard fired on its rescue ship during a mission. The Coast Guard took action to de-escalate the situation. The incident involved a confrontation that was de-escalated by the Coast Guard. The incident occurred amidst escalating tensions between Beijing and Taiwan, marked by increased Chinese military activity around the island. Donald Trump was mentioned in relation to Prime Minister Benjamin Netanyahu. The vessel's actions were deemed provocative by the coast guard. The source stated the vessel was forced back by the Taiwanese forces. The nature of the vessel and the specific actions taken were not immediately detailed. Details regarding the vessel's origin and the nature of its aggression have not yet been fully disclosed. The vessel reportedly engaged in dangerous maneuvers.

The Democratic Progressive Party has announced candidates for the Yilan mayoral election and the Jiaoxi township chief election. The specific cities and candidates were not named.

TSMC faces limitations with vendors supplying components for AI compute capacity. The company is constrained by three limiting vendors and the slow production of HBM memory, which is for AI chips. The specific vendors affected were not disclosed. TSMC, the world's largest contract chip manufacturer, is limiting the number of vendors for its AI chip components. The reasons behind this limitation are not yet clear. Taiwan Semiconductor Manufacturing Company (TSMC) is reportedly limiting its vendors for AI chip components.

Taiwanese Congressman Ju-Chun Ko has proposed allocating up to 5% of the central bank's $50 billion fund to Bitcoin. This proposal suggests a shift in how national reserves might be managed.

Taiwanese forces have reported repelling a Chinese vessel near its waters. The incident involved a naval encounter that was resolved without escalation. Taiwan has increased its vigilance in response to regional maritime activity. Further details regarding the incident, including the type of vessel and the method of repulsion, were not immediately available. Taiwanese authorities reported repelling a Chinese coast guard vessel near a sensitive zone around Taiwan. The vessel reportedly behaved aggressively before being turned back by Taiwanese forces. The incident involved a Chinese naval or coast guard vessel approaching Taiwan's claimed maritime territory. The incident occurred in the Taiwan Strait, escalating tensions in the region. China has been exerting constant pressure on Taiwan's territory. Taipei stated that the Chinese vessel's actions were provocative.

US and Taiwanese officials have had contact regarding the possibility of a call between former President Trump and President Lai.

The Taiwan People's Party (TPP) held a session on political donations and the use of AI, with party chairman Ko Wen-je in attendance.

Cosmed has achieved a milestone of 600 stores, with plans to open another 600.

A Chinese invasion of Taiwan would crash the global tech supply chain within 72 hours, according to analysis. TSMC produces 92% of the world's advanced chips.

Hundreds of people rallied in Taipei after the opposition-controlled parliament limited government plans to increase defense spending. The protests occurred in support of increased defense expenditures.