• REUTERS

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Terry Gou, the billionaire founder of Taiwan’s Foxconn, and TSMC reached initial agreements to buy 5 million doses each of BioNTech SE’s COVID-19 vaccine on Friday, three sources with knowledge of the situation told Reuters.

Taiwan’s government has tried for months to buy the shots directly from Germany’s BioNTech and has blamed China, which claims the self-ruled island as its own territory, for nixing a deal the two sides were due to sign earlier this year. China denies the accusations.

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