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Foxconn founder asks BioNTech to reserve 30 mln more vaccines for Taiwan

Mark White by Mark White
August 30, 2021
in Suppliers
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A Pfizer-BioNTech coronavirus disease (COVID-19) vaccination is seen as part of a vaccine drive by the Fernandeno Tataviam Band of Mission Indians in Arleta, Los Angeles, California, U.S., August 23, 2021. REUTERS/Lucy Nicholson

TAIPEI, Aug 30 (Reuters) – Terry Gou, the billionaire founder of major Apple Inc (AAPL.O) supplier Foxconn, has asked BioNTech SE (22UAy.DE) to reserve 30 million doses of its COVID-19 vaccine for Taiwan, saying he had received a “very good” response.

Taiwan’s quest to access the vaccine, jointly developed with Pfizer Inc (PFE.N), has dragged on for months, hampered by accusations from Taipei of political interference from Beijing, which claims the island as Chinese territory. Beijing has denied the allegations.

Taiwan’s government subsequently allowed Gou, Foxconn – formally Hon Hai Precision Industry Co Ltd (2317.TW) – as well as Taiwan Semiconductor Manufacturing Co Ltd (2330.TW), to negotiate on its behalf for the shot. A $350 million deal for 10 million shots was inked last month, which will be donated to the government for distribution.

In a lengthy post on his Facebook page late on Sunday, Gou said he “had been promised” that 8 million to 9 million doses would arrive this year, with the first shots arriving in September.

He added that he had asked BioNTech to reserve 30 million doses for Taiwan for next year, and “at present have received a very good response”.

BioNTech did not respond to a Reuters request for comment.

The BioNTech vaccine drama has transfixed Taiwan and dominated headlines. While a relatively small domestic coronavirus outbreak is well under control, fewer than 5% of its 23.5 million people are fully vaccinated.

Taiwan’s government has ordered millions of vaccines itself, from Moderna Inc (MRNA.O), AstraZeneca PLC (AZN.L) and domestic developer Medigen Vaccine Biologics Corp (6547.TWO).

Taiwan’s Cabinet said last month the government had ordered a further 36 million doses from Moderna. read more

A Taiwanese Buddhist group has also ordered 5 million doses from BioNTech.

Reporting by Ben Blanchard; Editing by Christopher Cushing

Our Standards: The Thomson Reuters Trust Principles.



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Mark White

Mark White

Mark White is the editor of the ProcurementNation, a Media Outlet covering supply chain and logistics issues. He joined The New York Times in 2007 as an commodities reporter, and most recently served as foreign-exchange editor in New York.

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