US eyes Taiwan role in Luzon corridor's chip, AI push
The United States is encouraging Taiwanese investment in the Philippines' Luzon Economic Corridor, specifically targeting the semiconductor, AI, and advanced manufacturing sectors. This initiative aims to strengthen regional supply chains and economic infrastructure.
Why it matters
This move reflects broader geopolitical efforts to diversify high-tech supply chains away from single-source dependencies in the Indo-Pacific region.
MANILA, Philippines - The United States sees "huge scope" for Taiwanese participation in the Luzon Economic Corridor, particularly in semiconductors, advanced manufacturing and artificial intelligence, as Manila and its partners seek to draw more high-technology investment into Luzon.
U.S. Ambassador Heather Variava, a senior adviser at the State Department's Bureau of Economic, Energy and Business Affairs, said Taiwanese companies are already represented at the Luzon Economic Corridor Investment Forum in Manila.
"Given the leading role that Taiwan plays in those sectors, I think there's huge scope of opportunity," Variava said at a virtual press briefing on September 10, as transcribed, when asked about Taiwan's potential participation in semiconductors, advanced manufacturing and AI.
She added that Philippine partners would welcome greater Taiwanese investment and pointed to the existing economic and people-to-people links between Taiwan and the Philippines.
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