A weekly snapshot of Taiwan business news stories brought to you by CommonWealth and AmCham Taiwan’s TOPICS TSMC plans to build new plant in Japan On October 14, the Taiwan Semiconductor Manufacturing Company (TSMC) announced plans to construct a specialized wafer fabrication plant in Japan. During a Q3 earnings call, TSMC Chief Executive Officer C….

Taiwan’s military is set to receive a windfall in the form of a five-year special budget focused on indigenous defense capabilities. Under the Six Core Strategic Industries initiative, the domestic defense supply chain is growing, though foreign technology still plays an integral role. Since early 2020, Chinese military aircraft have regularly intruded into Taiwan’s southwest…

Chipmaking undergirds the Six Core Strategic Industries initiative, particularly in the area of digital and information technology. The Six Core Strategic Industries policy, which the Tsai Ing-wen administration launched in 2020, builds upon the 5+2 Innovative Industries initiative of Tsai’s first term to capitalize on global supply chain changes and catalyze Taiwan’s industrial transformation. Amid…

As the world enters the post-pandemic era, its economy is undergoing a digital transformation expected to create an output of US$120 trillion by 2030, according to the World Economic Forum.  To ensure that Taiwan is at the forefront of this evolution, the Taiwan government’s National Development Council (NDC) has begun updating and adapting its development…

The COVID-19 pandemic has brought about a huge shift in where and how work is performed, as companies are forced to adopt remote and hybrid arrangements for their teams and accelerate the digital transformation of their organizations. These changes have opened businesses around the world to heightened cybersecurity risks and challenges, and many have been…

Costco’s Senior Vice President of Asia Richard Chang is a well-known fixture of the international business community in Taiwan. A former college and professional basketball player, Chang emphasizes the important skills future leaders can develop from playing sports and focuses on the practical lessons young people can learn from their college experience and early career….

Over 70 years, AmCham Taiwan has provided leadership and partnership on Taiwan’s journey from a modest Asian economy to a global economic powerhouse. That has required organizational leadership, stability, and a robust membership to drive success. As AmCham Taiwan celebrates its 70th anniversary, Taiwan has never been more relevant and central to the geo-strategic and…