Global and local firms are making new investments in semiconductor fabs in Taiwan. Taiwan is holding its own as a hub for semiconductor manufacturing, attracting steady new investment from chipmakers and other firms in the industry’s supply chain. The island manufactures about 25-30% of integrated circuits (ICs) globally and is home to Taiwan Semiconductor Manufacturing…

Taiwan’s chains are focusing on providing hyperlocal services in smaller spaces. Taiwan’s supermarkets in recent years have been morphing into a hybrid type all its own in response to the growing trend for consumers to prioritize convenience and service over huge product selection. In the past, Taiwanese consumers might patronize a department store once a…

IP violations remain a serious problem in Taiwan’s ultra-competitive chip-making market.    In recent years, trade-secret theft has become increasingly common in Taiwan’s highly competitive semiconductor industry, one of the world’s largest by output value and a bedrock of the island’s economy. The perpetrators have usually been Chinese companies seeking to close the technology gap with…

Artificial intelligence, blockchain, and cryptocurrency all offer avenues for growth as global demand eases for mobile devices. Taiwan’s semiconductor manufacturer are looking for new growth drivers as the global market for mobile devices cools. Emerging technologies like artificial intelligence (AI), blockchain, and virtual currencies appear to be offering abundant opportunities. “We’re seeing a rapid diversification…

Foxconn Pursues More Wisconsin Initiatives Foxconn Technology Group, known in Taiwan as Hon Hai Precision Industry Co., is following up its planned US$10 billion investment in Wisconsin to build an LCD-panel plant with several additional commitments in the Mid-Western state. At a ceremony in late August at the University of Wisconsin-Madison, Foxconn CEO Terry Gou…

While Taiwan’s semiconductor industry continues to grow, China poses a formidable long-term challenge.  For years, industry analysts have cautioned that Chinese competitors in the semiconductor sector would steadily erode the technology advantages of Taiwanese chipmakers, ultimately wooing away many of their customers with lower prices. Despite China’s rapid progress in the semiconductor sector in recent…

Fresh baked goods and theme-based stores are also drawing customers. In order to better serve as one-stop supply stations for local people in their daily life, Taiwan’s convenience stores are expanding their floor space, adopting more sophisticated technology, taking on more functions, and seeking to make their store layouts more attractive. 7-Eleven, the largest convenience…