Although advanced technologies such as Artificial Intelligence (AI) and Internet of Things (IoT) more often make headlines for their potential as job killers, Taiwan is looking avidly at these burgeoning new technology industries as job creators and key to the continued success of its vast Information Technology (IT) sector. IT products including semiconductors and electronic…

Taiwan is the world’s rainiest developed country, but an insufficient storage system is forcing big users to consider desalination of seawater as a viable water source. The Formosa Plastics Group (FPG) recently won Environmental Impact Assessment approval for a desalination plant to produce fresh water from seawater at its Mailiao industrial complex in Yunlin. The…

The episode revealed deep-seated problems in the defense-contracting process. In February, Kaohsiung prosecutors indicted four executives and one consultant of the Ching Fu Shipbuilding Co., charging them with fraud, breach of trust, and violation of banking laws. If convicted, the defendants could face prison sentences ranging from 20 to 30 years, although the prosecution has…

Progress in developing renewable energies has been slower than targeted, but the pace is now expected to quicken.  Among the Five Shortages identified by Taiwan’s Chinese National Federation of Industries (CNFI) and currently being addressed by the government in a series of policy initiatives, electrical power is seen as the most crucial. Taiwan’s generating capacity…

Proponents see big opportunities for Taiwan in this nascent space. Virtual currency fever swept the globe over the past year, peaking when Bitcoin’s value hit US$19,500 in December. Since that zenith, the preeminent cryptocurrency’s value has plummeted to just $10,000, illustrating its extreme volatility. Bitcoin is the best known cryptocurrency, but over a thousand have…