SITUATION REPORT

Taiwan: TMSC and Foxconn Ink $350 Million Vaccine Deal

Jul 12, 2021 | 16:52 GMT

The leaders of two of Taiwan’s largest firms, chips manufacturer Taiwan Semiconductor Manufacturing Company (TSMC) and electronics manufacturer Foxconn, signed a $350 million deal on July 11 to procure 10 million doses of Germany’s BioNTech COVID-19 vaccine from a unit of Shanghai Fosun Pharmaceutical Co., which also has a distribution deal for BioNTech shots in Hong Kong, the Financial Times has reported....

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