A bi-weekly snapshot of Taiwan business news stories brought to you by CommonWealth and AmCham Taipei’s TOPICS GlobalWafers edges closer to US$4.5 billion acquisition Taiwanese semiconductor silicon wafer fab GlobalWafers announced on November 30 that it intends to acquire German Siltronic AG for US$4.5 billion. If the deal goes through, GlobalWafers would become the world’s…

If you have never been to a hot spring, the time is surely right for you to take a stress-busting hot-spring vacation in “the Heart of Asia.”  Thanks to encouraging news from scientists working on coronavirus vaccines, people are once again daring to hope that international leisure travel can resume within months. When the door…

The COVID-19 pandemic has had irreversible consequences for how people live. When it comes to investing, for example, incorporating Environmental, Social & Governance (ESG) factors in the decision has become the new normal. Despite the pandemic’s disruptions to portfolio formation this year, a massive increase in socially responsible investing has taken place across the board….

Gearing up for the “5G+ applications” era, Taiwan Mobile has looked to two strategies to propel the company’s foray into gaming. First, a partnership with Riot Games since 2019 has put together a strong game lineup that includes Legends of Runeterra, VALORANT, and League of Legends: Wild Rift. Both parties are committed to breaking new…

The global economy will be faced with a number of potential risk factors in 2021, including a renewed coronavirus spike in Europe and the U.S., a breakdown in financial stimulation policy negotiations in the U.S., and continued further deterioration in U.S.-China relations. Nevertheless, the latest World Economic Outlook report from the International Monetary Fund (IMF),…

Many of Taiwan’s major medical centers now house private clinics that offer premium services to patients with the means to pay out-of-pocket and provide the hospitals with an additional source of revenue. A quick glance at the waiting room at the Taiwan Adventist Hospital’s International Priority Care Center (PCC) reveals that this is no ordinary…

— By Jane Rickards and Don Shapiro  Ming and Qing Dynasty soldiers described Taiwan as a place where “disease is rampant.” Yet before large numbers of Han people began arriving in the mid-17th century, the island’s indigenous peoples had managed to live generally healthy lives. Japanese researchers later documented how the Austronesian peoples used local medicinal plants to cure various…

Despite taking a hit from the COVID-19 pandemic and the rise of e-commerce, brick-and-mortar retailers may soon see a rebound as AI and smart retail solutions allow them to integrate online and offline capabilities. While the popularity of e-commerce has allowed it to more or less overtake the labor-intensive conventional retail industry, a number of…

E-learning startups cater to rising demand for online self-learning among individuals. These firms can support the public sector and businesses, too. Taiwan has controlled the coronavirus pandemic so well that its K-12 schools have been able to maintain classroom instruction. The only interruption to school came in February, when the government delayed the start of…