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TSMC and submarine cables among priorities in Taiwan's economic security strategy

Faced with mounting pressure from China, Taiwan is moving to strengthen its semiconductor industry and step up its submarine cable projects. [...]
Published on 03.09.2021 at 06:00 GMT Reading time 2 minutes

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International Dealmaking

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China, Hong Kong, United States
Facebook drops San Francisco-Hong Kong submarine cable amid growing national security concerns

Facebook has withdrawn its proposal for the Bay to Bay Express Cable System (BtoBE), according to a September 10 FCC filing. The move comes just weeks after the social media giant abandoned the Hong Kong link of another trans-Pacific submarine cable, the Pacific Light Cable Network (PLCN), after US agencies flagged the project for potential national security risks.

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