Given the tepid economy and tensions in relations with Beijing, the island is no longer a magnet for cross-Strait marriages. When Lisa Li arrived in Taiwan in 2001, the island was more advanced than anywhere on the Chinese mainland. The capital city of Taipei had a brand-new MRT system, five-star international hotels, and 24-hour convenience…
The Apple Watch was recently cleared by the U.S. Food and Drug Administration (FDA) as a medical device, a landmark for a wearable device aimed at consumers. Able to monitor heart rates and perform electrocardiograms (EKG), the Apple Watch is the latest example of advances in the Internet of Things (IoT), Artificial Intelligence (AI), and…
Taiwan is on track to become a “super-aged” society with 20% of the population over the age of 65 by 2025. This process will have an enormous impact throughout the economy, ranging from healthcare to robotics to housing and the food industry. The discussion of the aging population often centers on the drain that senior…
Lack of demand stymies a sector that would seemingly be ripe for development in rapidly aging Taiwan. The Chang Gung Health and Cultural Village retirement facility has the feel of a college campus. Set amid the wooded hills of Taoyuan County, the sprawling complex has numerous sports and leisure facilities, dining halls and restaurants, convenience…
The rise in the number of elderly in Taiwan is often broadly couched as a demographic and economic challenge. But for the millions of families struggling to care for frail and disabled family members, the struggle is all too personal. Confucian cultural values of “filial piety” forbid the placement of elders in retirement homes or…
To succeed, the Taiwan government’s plan must overcome fiscal, talent, and cultural challenges. In April this year, Taiwan passed the threshold to officially become an aged society, with more than 14% of the population older than 65. That trend is set to accelerate over the next decade. By 2026, 21% of the population will be…
Global and local firms are making new investments in semiconductor fabs in Taiwan. Taiwan is holding its own as a hub for semiconductor manufacturing, attracting steady new investment from chipmakers and other firms in the industry’s supply chain. The island manufactures about 25-30% of integrated circuits (ICs) globally and is home to Taiwan Semiconductor Manufacturing…
IP violations remain a serious problem in Taiwan’s ultra-competitive chip-making market. In recent years, trade-secret theft has become increasingly common in Taiwan’s highly competitive semiconductor industry, one of the world’s largest by output value and a bedrock of the island’s economy. The perpetrators have usually been Chinese companies seeking to close the technology gap with…
Artificial intelligence, blockchain, and cryptocurrency all offer avenues for growth as global demand eases for mobile devices. Taiwan’s semiconductor manufacturer are looking for new growth drivers as the global market for mobile devices cools. Emerging technologies like artificial intelligence (AI), blockchain, and virtual currencies appear to be offering abundant opportunities. “We’re seeing a rapid diversification…
While Taiwan’s semiconductor industry continues to grow, China poses a formidable long-term challenge. For years, industry analysts have cautioned that Chinese competitors in the semiconductor sector would steadily erode the technology advantages of Taiwanese chipmakers, ultimately wooing away many of their customers with lower prices. Despite China’s rapid progress in the semiconductor sector in recent…
