Shih Yeh-Shiang, vice- minister of economic affairs, said yesterday Taipei had earmarked T$200bn (US$6bn) in financial aid for ailing large companies, which includes producers of dynamic random access memory (D-Ram) who are the hardest hit globally among semiconductor makers.
Half of the T$200bn earmarked by the government had been approved by the legislature, Mr Shih told reporters yesterday, while the other half was under review. He said that: “All options are on the table” as to how the government will use that money and what it would demand from chip companies in exchange.
Prices for D-Ram, the type of memory chip mostly used in computers, plunged last year as a result of oversupply and falling demand due to the financial crisis.
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