Taiwan to up defense spending and develop Iron Dome-inspired missile protection — expert warns one well-placed Chinese missile could make it ‘impossible to get a new iPhone for three years’

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As Taiwan ups defense spending and invests in air defenses to fend of possible missile attacks as part of a foreign invasion, a researcher from the Taiwan National Science and Technology Council (NSTC) Hsinchu Science Park Bureau suggested that a single missile strike targeting the Hsinchu Science Park would have catastrophic effects worldwide, resulting in a 6% to 10% drop in global GDP and halting iPhone production for several years. According to data-analytics-id=”inline-link” href=”https://asia.nikkei.com/politics/international-relations/taiwan-tensions/taiwan-seeks-stronger-air-defenses-to-protect-chip-hub” target=”_blank” data-url=”https://asia.nikkei.com/politics/international-relations/taiwan-tensions/taiwan-seeks-stronger-air-defenses-to-protect-chip-hub” referrerpolicy=”no-referrer-when-downgrade” data-hl-processed=”none” data-mrf-recirculation=”inline-link”>Nikkei Asia, Taiwan’s Silicon Valley houses more…



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Taiwan to up defense spending and develop Iron Dome-inspired missile protection — expert warns one well-placed Chinese missile could make it ‘impossible to get a new iPhone for three years’


As Taiwan ups defense spending and invests in air defenses to fend of possible missile attacks as part of a foreign invasion, a researcher from the Taiwan National Science and Technology Council (NSTC) Hsinchu Science Park Bureau suggested that a single missile strike targeting the Hsinchu Science Park would have catastrophic effects worldwide, resulting in a 6% to 10% drop in global GDP and halting iPhone production for several years. According to data-analytics-id=”inline-link” href=”https://asia.nikkei.com/politics/international-relations/taiwan-tensions/taiwan-seeks-stronger-air-defenses-to-protect-chip-hub” target=”_blank” data-url=”https://asia.nikkei.com/politics/international-relations/taiwan-tensions/taiwan-seeks-stronger-air-defenses-to-protect-chip-hub” referrerpolicy=”no-referrer-when-downgrade” data-hl-processed=”none” data-mrf-recirculation=”inline-link”>Nikkei Asia, Taiwan’s Silicon Valley houses more…



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Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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