Taipei: The lead stories in major Taiwan dailies on Wednesday focus on Lee Jae-myung's victory in South Korea's presidential election. According to Focus Taiwan, the United Daily News and China Times reported that Lee Jae-myung has been elected as South Korea's president and took office today.

Meanwhile, the Liberty Times highlighted domestic issues, reporting that former lawmaker Chen Ou-po is under investigation for allegedly accepting illicit benefits to facilitate the passage of legislation.

The Economic Daily News delivered a positive outlook on Taiwan's semiconductor industry, citing TSMC's forecast of robust business performance over the next decade. Similarly, the Commercial Times reported on Jensen Huang's efforts to secure TSMC capacity, underscoring the strategic importance of semiconductors.

Lastly, the Taipei Times covered international relations, noting Taiwanese official Lai's welcome of the Marshallese president, which indicates ongoing diplomatic engagements between Taiwan and its allies.