US House Speaker Pelosi to meet Apple chipmaker TSMC chair Mark Liu in Taiwan

TAIPEI (REUTERS) – US House of Representatives Speaker Nancy Pelosi will meet with Mark Liu, chairman of Taiwan Semiconductor Manufacturing Co (TSMC), the Washington Post reported on Tuesday (Aug 2).

Mrs Pelosi and Mr Liu will discuss implementation of the recently passed Chips and Science Act, which provides US$52 billion (S$72 billion) of US federal subsidies for domestic chip factories, the report said, citing people familiar with the matter.

The meeting is planned for Wednesday Taiwan time, it said.