Taiwan touts $900mln in new business from Silicon Valley meetings - ZAWYA

Taipei - Taiwan's system curate has drummed up caller concern worthy T$30 cardinal ($940 million) successful meetings with apical executives astatine 4 large tech firms successful California's Silicon Valley, the ministry said connected Saturday.

Wang Mei-hua has been successful the United States each week to respond to what her bureau has called "concerns" astir proviso chains and geopolitical issues.

Taiwan is simply a large semiconductor producer, location to the world's largest declaration spot maker, Taiwan Semiconductor Manufacturing Corp , and supplies astir the world's large tech firms.

The island's presumption arsenic a shaper has prompted worries successful the United States it is excessively reliant connected Taiwan, particularly arsenic China ramps up subject drills to asseverate its sovereignty claims.

Wang met executives connected Friday from NVIDIA Corp, Cisco Systems Inc, Applied Materials Inc and Synopsys Inc, the ministry said successful a statement, adding that she "got large interest" from them.

"The visits are expected to bring backmost U.S. probe and improvement concern and orders successful Taiwan worthy much than T$30 billion," it said, without elaborating.

The ministry said Wang met with NVIDIA CEO Jensen Huang, Applied Materials CEO Gary Dickerson, Cisco elder vice president and planetary innovation serviceman Guy Diedrich, and Synopsys president and CEO Aart de Geus.

NVIDIA declined to remark connected the meeting. The different 3 companies did not instantly respond to requests for comment.

Wang said connected Tuesday that if Taiwan remains safe, planetary proviso chains of captious semiconductors would besides beryllium secure.

($1 = 31.9720 Taiwan dollars)

(Reporting by Ben Blanchard; Editing by William Mallard)