Foxconn, TSMC buy 10M COVID-19 shots for Taiwan

Apple partners TSMC and Foxconn are helping Taiwan secure COVID-19 vaccines, by buying a total of 10 million doses to be distributed by the territory’s government.

Chip foundry TSMC and assembly partner Foxconn will each acquire up to 5 million doses of the Pfizer-BioNTech vaccine, the Taiwan Overseas Community Affairs Council said on Monday. The purchases will be donated to the government, and will be used to fight the coronavirus outbreak in the country.The agreement is said to be worth $350 million, or approximately $35 per dose of the vaccine, reports BBC News. The government agreed to the plan from Foxconn and TSMC in late June, but only confirmed the agreement after statements were issued by both companies.

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