There is no need for one country to control the semiconductor industry, which is complex and needs a division of labour, Taiwan's top technology official said on Saturday after U.S. President Donald Trump criticised the island's chip dominance.

U.S. President Donald Trump said on Thursday that Taiwan had taken semiconductor chip business away from the United States and that he wanted it back. (Reporting by Andrea Shalal; Writing by Ismail Shakil;

Taiwanese officials, facing a more transactional U.S. relationship, have traveled to Washington to float energy deals and defend the island’s semiconductors.

Taiwan pledged to invest more in the U.S. after President Donald Trump vowed to impose sweeping tariffs on foreign countries.