By Wu Ching-fang, Commonwealth Magazine The Formosa Plastics Group, the world’s 10th-largest petrochemical company, has announced its intention of becoming carbon neutral by 2050. Considering that the conglomerate generates more than 50 million metric tons of carbon emissions a year, how does it intend to reach that goal? The Formosa Plastics Group is one of…

By Hannah Chang, Commonwealth Magazine Ambitions to manufacture in the U.S. closer to major customers have led TSMC to set up shop in America. The project and related supply chain relocation pose numerous challenges, from cost control to talent recruitment and management techniques in a different culture. Michelle Chang, director of the Taiwanese Chambers of…

— By Chiayi Lin and Li Hsun Tsai, Commonwealth Magazine Taiwan’s COVID-19 generation, entering the employment market amid a severe pandemic, has not become a lost generation – instead, they are getting one step ahead. Rather than giving up on their dreams, they are pursuing them with pragmatism and flexibility. Zhu Rui-xiang, a recent Master…

Taiwan acacia is traditionally used as firewood, but Taiwan’s king of carton packaging, Caho Chen, and a team of innovative young people have developed methods to turn this neglected endemic hardwood into pricey bathtubs, customized guitars, and novel whiskey barrels. How did they transform this once-cheap commodity into a sought-after luxury material? By Kuo-chen Lu…

The Michelin Guide Taiwan ventured outside of Taipei for the first time in 2020 and explored Taichung. Four restaurants earned Michelin stars – JL Studio, Fleur de Sel, Forchetta, and Oretachi No Nikuya – and the choices revealed the stark differences between the Taipei and Taichung culinary scenes. By Sunny Wu, CommonWealth Magazine Founded in…

Formosa Plastics founder Wang Yung-ching failed at building a car business, but his failure laid the groundwork for the country’s successful Tesla supply chain. What are Taiwan’s advantages in the electric vehicle age? The global automotive industry is experiencing a paradigm shift, sending Tesla’s stock price soaring and big Taiwanese manufacturers scrambling to expand their…