Hon Hai Precision Industry Co founder Terry Gou (郭台銘) and Taiwan Semiconductor Manufacturing Co (TSMC) on July 2 reached initial agreements and signed legal documents with Shanghai Fosun Pharmaceutical Group, the distributor for the BioNTech COVID-19 vaccine in Taiwan, China, Hong Kong and Macau, with both firms purchasing 5 million doses each.
On Sunday, China’s Xinhua news agency reported that Gou’s Yonglin Foundation and TSMC on Friday reached advance arrangements with Shanghai Fosun’s subsidiary Fosun Industrial Co to buy vaccines, which would be supplied to Taiwan through normal commercial procedures.