Lithuania’s Teltonika sets domestic chip production goal under Taiwanese deal

RIGA: Lithuanian tech firm Teltonika aims to launch domestic semiconductor production in 2027 using Taiwanese technology, it said on Wednesday, as a minister outlined ambitions for the EU state to become a major global player in the sector.

Taiwan has promised to help Lithuania withstand economic pressure imposed by China since the Baltic country allowed Taiwan to open a de-facto embassy in Vilnius in November 2021.