A bi-weekly snapshot of Taiwan business news stories brought to you by CommonWealth and AmCham Taiwan’s TOPICS Microsoft begins hiring to boost Taiwan R&D Microsoft announced on February 5 that it would work to make Taiwan a global technology research and development hub. The company said it is confident in the island’s strong integration of…
How have other, less well-reported-on industries coped with the changes brought on by this global pandemic? Insiders say that digital transformation and flexibility are crucial. This year as the economic impact of coronavirus rippled around the world, the hardship of some industries was more conspicuous than at others. Images of ghostly streets in Milan and…
A bi-weekly snapshot of Taiwan business news stories brought to you by CommonWealth and AmCham Taiwan’s TOPICS Semiconductor and automotive chips updates The global supply shortage of automotive chips has forced German automakers Volkswagen and Audi to halt production, prompting the German Economics Minister to look to Taiwan for help. Taiwan’s Economics Minister Wang Mei-hua…
The mass market is growing fast, driven by Prosecco and Cava, while Champagne still dominates the high end. Red wine has long dominated Taiwan’s wine market, buoyed by the brand power of Bordeaux and Burgundy. Most white and rosé wines have struggled by comparison. Sparkling wine is an exception. Champagne has a strong brand here,…
A bi-weekly snapshot of Taiwan business news stories brought to you by CommonWealth and AmCham Taiwan’s TOPICS Pegatron enters Tesla supply chain Apple supplier Pegatron has recently expanded its cooperation with U.S. car producer Tesla. According to news sources, Pegatron has recently entered Tesla’s charging station supply chain and is expected to move into mass…
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…
In the nearly year-long absence of international travelers, Taipei’s hotels have begun shifting some of their focus to their food and beverage business, offering attractive package deals and coming up with new, delicious ways to draw in the island’s domestic travelers. As international travel to Taiwan ground to a complete halt last spring following the…
A bi-weekly snapshot of Taiwan business news stories brought to you by CommonWealth and AmCham Taiwan’s TOPICS Ørsted signs investment agreement for Taiwan wind farm Danish wind power developer Ørsted signed an investment agreement in late December with Canadian institutional investor CDPQ (Caisse de dépôt et placement du Québec) and local investor Cathay PE. Under…
Local companies are betting that e-scooters and the sharing economy represent the future of mobility. Imagine pedestrians walking down spacious sidewalks in Taipei, free of motorbikes. The only sounds heard are from their conversations, the whir of electric vehicles, and the chirping of birds. Cars and public transport are self-driving, but for the “last mile”…
A bi-weekly snapshot of Taiwan business news stories brought to you by CommonWealth and AmCham Taipei’s TOPICS ASE plans expansion in southern Taiwan On December 16, semiconductor packaging and testing giant ASE, along with Chunghwa Telecom and major wafer producer Qualcomm, announced at a press conference that they would begin construction on the world’s first…
