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Taiwan tech supply chain stocks bounce back after Trump tariff exemptions

April 14, 2025 1 min read
author Anamika Mishra, Sub Editor
Stocks of major Taiwanese tech firms, key suppliers to companies like Apple rose on Monday following a U.S. government decision to temporarily exempt smartphones, computers, and certain other electronics (mostly imported from China) from steep tariffs.Foxconn, Apple's largest iPhone assembler, saw its shares climb about 4% in morning trading. Quanta, a contract laptop manufacturer, surged 7%, while Inventec, which also produces AI servers, gained 4%. The broader market index rose around 1%.However, shares in TSMC,

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