Taiwan’s Foxconn, TSMC confirm $350 million COVID-19 vaccine deal

Published by
Reuters

By Ben Blanchard and Yimou Lee TAIPEI (Reuters) -Taiwan’s Foxconn and TSMC said on Monday they had reached deals to buy 10 million doses of Germany’s BioNTech SE’s COVID-19 vaccine, putting the total cost of the highly politicised deal at around $350 million. Taiwan’s government has tried for months to buy the vaccine directly from BioNTech and has blamed China, which claims the self-ruled island as its own territory, for nixing an agreement the two sides were due to sign earlier this year. China denies the accusations. Last month, facing public pressure about the slow pace of Taiwan’s inocula…

Read More