Amid geopolitical concerns, Taiwan is striving to build up its drone manufacturing capability for both military and commercial applications. Nearly two decades back, a Taipei-based real estate developer pursued the risky idea of investing in a startup company for the development of drones. The company, Taiwan UAV, notes that it became the first indigenous manufacturer…
In a significant move to strengthen its global presence, Taiwan Semiconductor Manufacturing Co. (TSMC) has commenced construction of its first European semiconductor plant in Dresden, Germany. The facility, part of a joint venture with major European companies, will involve a €10 billion investment and is expected to significantly boost Europe’s semiconductor production capacity by 2027. This expansion is part of a broader trend, with other Taiwanese firms also increasing their investments in Europe amid growing demand for local semiconductor production.
Taiwan’s packaging sector is thriving due to innovations in automation and sustainable technologies, with the global market for packaging and machinery on the rise. Taiwanese companies are leading advancements in flexible packaging, efficient production systems, and eco-friendly solutions, responding to increasing demand for sustainability and improved operational efficiency.
The 5G sector is anticipating a revolutionary “iPhone moment” as new technology helps companies in a range of fields pay less, earn more, and become more autonomous. Until mid-2023, many Taiwanese manufacturers were frustrated by the trend of customers placing small-batch orders. For one Tainan-based cable factory, for example, each new order required a total…
Taiwan’s metals, plastics, and chemicals manufacturers will need to adapt to new international policy measures to secure price competitiveness in key export markets. When the European Union’s Carbon Border Adjustment Mechanism (CBAM) comes into full force in three years, it will have a heavy impact on the cost structure for many exporters to the EU. …
Businesses are leveraging “green messaging” to attract customers, recruit young talent, and meet international sustainability demands. Reflecting a trend that has spread to most parts of the world, products and services sold in Taiwan are increasingly being marketed as environmentally friendly. But claims around sustainability – or “green claims” – can be misleading and sometimes…
While the U.S. remains crucial for startup founders’ inspiration and early-stage financing, Taiwan government support has given them a sound environment in the healthcare sphere. Taiwan is a global leader in innovative information and communications technology, blessed with a skilled workforce, advanced R&D capabilities, a favorable regulatory environment, and strong intellectual property protection. Those attributes…
Taiwanese companies are aiming to become the next disruptive innovators in a rapidly growing market. In a Northern German living room equipped with rustic oak furniture, this author’s mother holds her smartphone as if it were a handheld makeup mirror for around a minute. She is then instantly relieved to find that her key vital…
A decade after its launch, the One Belt One Road Initiative is gaining post-pandemic momentum. While some argue that Taiwanese companies should take advantage of its benefits, others are concerned about Chinese influence on countries and businesses. In 2013, Chinese President Xi Jinping launched his hallmark One Belt One Road Initiative (also known as the…
Taiwan’s fastener sector is investing in smart manufacturing and R&D to move upmarket and remain competitive in an unpredictable climate. Although Taiwan is more famous for its stronghold in the global semiconductor industry, it’s also a leading player in the fastener industry, which produces the trillions of screws, nails, and nuts and bolts that keep…
