TAIPEI, Feb 18 (Reuters) - Taiwanese electronics
companies are planning more investments in the U.S. state of
Texas, with announcements possible in May to coincide with
President Donald Trump's first 100 days in office, the head of
an industry body said on Tuesday.
Trump, who took office on Jan. 20, has lambasted Taiwan for
taking U.S. semiconductor business, and has also threatened
import tariffs on trading partners with which the United States
runs large trade deficits, which could target Taiwan.
Last week, Taiwan President Lai Ching-te pledged more
investment in the United States.
Richard Lee, chairman of the Taiwan Electrical and
Electronic Manufacturers' Association, told an event in Taipei
that the government of Republican-led Texas has been proactive
about attracting investment from Taiwanese companies.
"We expect that this year, especially in the first 100 days
of Trump's presidency, that's about May 10, there should be a
much larger number of our large server companies, especially for
AI servers, announcing that they're going to be expanding their
investments in Texas," Lee said, without naming any companies.
"A lot of them have factories in Texas, but the factories in
the past weren't big enough to face the significant growth of
AI-related businesses in the future, so this is an opportunity,"
he added.
Taiwan's Foxconn, the world's largest contract
electronics maker and a major supplier to Apple ( AAPL ) and
Nvidia ( NVDA ), said in November one of its subsidiaries had
spent $33 million to acquire land and factory buildings in
Harris County, Texas.
Taiwanese contract laptop makers Compal and
Inventec - which also makes AI servers - may expand
into the United States with Texas eyed as one of the top
locations, their executives said last month.
Inventec declined to comment on whether it might make
announcements in May about Texas investments. Foxconn and Compal
did not immediately respond to requests for comment.