TAIPEI (Taiwan News) — Taiwan and Arizona signed a memorandum of understanding (MOU) on Tuesday (Aug. 24) that paves the way for broader cooperation on semiconductors, medical equipment, and advanced manufacturing industries. A reliable industrial cooperation platform will be built on the foundation of the MOU, as the two sides work to develop the next generation of microelectronics, reported CNA . Taiwan accounts for over one-fifth of the world’s chipmaking capacity, while Arizona boasts a vibrant and innovative high-tech scene. The collaboration bodes well for both as they seek to secure a strong footing in the global semiconductor market, which...