Foxconn and TSMC receive millions of vaccine doses for Taiwan
Foxconn and TSMC they solve such a political drama because they serve the interests of their own political production. The Wall Street Journal reports The two companies agreed to receive a dose of 10 million Pfizer / BioNTech COVID-19 vaccine on behalf of the Taiwanese government. The two are filming from Fosun Pharmaceutical after China claimed that it had “climbed” Taiwan’s offer of a direct vaccine.
There was pressure to sign a contract. Taiwan kept COVID-19 levels largely low throughout the pandemic, but new events began to rise in late April, causing rare restrictions on the island. While infections are declining, only 14 percent of Taiwan’s population has been vaccinated. You will need more doses if you lift the restrictions while doing less work.
Such technology companies have previously offered to buy vaccines for workers and contractors. Apple, for example, helped the TSMC get vaccines for its employees. Such a large purchase creates a new basis for the general population – however, companies are taking enough doses to hit more than 40 percent of Taiwan’s 24 million people.
Foxconn and TSMC have strong incentives to take action. Outbreaks appear to be exacerbated in factories and other establishments on the outskirts of Taiwan. This can be especially dangerous global chip shortage and other production headaches – mass infections and interruptions can cause further noise. Buying a vaccine like this can save companies money in the long run.
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