Taiwan foresees heightened business opportunities, especially in areas related to the digital economy, green energy, and the biomedical sector. The annual Taiwan Business Alliance Conference organized by the Ministry of Economic Affairs (MOEA) is an effort to stimulate interest in investing in Taiwan among foreign and overseas Chinese enterprises. The 2017 Conference, held October 6…

Supporting a brand is difficult. Despite low margins, the OEM/ODM model brings in steady business. Factories of Hon Hai Precision (also known as Foxconn) and other major Taiwanese contract manufacturers are currently running at full capacity churning out the iPhone 8 and other new models launched by Apple. Economists regularly disparage Taiwan’s continued heavy reliance…

More and more Taiwanese companies are investing there, despite often challenging business conditions.   As the China market matures, bringing higher production costs, many Taiwanese companies are looking for the next big site for their offshore operations. India, which the Taiwan government has included within the scope of its New Southbound policy, is among the…

The major new development is creation of Taiwania Capital Management, a government-backed venture-capital operation. Among the seven industries targeted in the government’s “5+2 Industrial Innovation Program,” the one starting with the strongest foundation is smart machinery. Overall machinery production value this year could break the NT$1 trillion (about US$33 billion) mark for the first time,…

Taiwan is preparing to join APEC’s Cross-Border Privacy Rules system. Last year Taiwan (or “Chinese Taipei” as it is known within APEC, the Asia Pacific Economic Cooperation forum) announced plans to prepare to join the group’s Cross-Border Privacy Rules (CBPR) system designed to facilitate the flow of data across the Asia-Pacific region. To participate in…