Taiwan foresees heightened business opportunities, especially in areas related to the digital economy, green energy, and the biomedical sector. The annual Taiwan Business Alliance Conference organized by the Ministry of Economic Affairs (MOEA) is an effort to stimulate interest in investing in Taiwan among foreign and overseas Chinese enterprises. The 2017 Conference, held October 6…

Supporting a brand is difficult. Despite low margins, the OEM/ODM model brings in steady business. Factories of Hon Hai Precision (also known as Foxconn) and other major Taiwanese contract manufacturers are currently running at full capacity churning out the iPhone 8 and other new models launched by Apple. Economists regularly disparage Taiwan’s continued heavy reliance…

PV Taiwan Expo Highlights Green Energy The Taiwan External Trade Development Council (TAITRA), in cooperation with SEMI Taiwan and the Taiwan Photovoltaic Industry Association, hosted PV Taiwan 2017, Taiwan’s leading solar industry trade show, October 18-20 at the Nangang Exhibition Center. Taiwan has the world’s second largest solar cell manufacturing industry after China, with some…

When is a foreign bank not a foreign bank? Answer: When it establishes a domestic subsidiary. Between 2007 and 2013, five leading international banks – Standard Chartered, Citi, HSBC, DBS, and ANZ – received approval from the financial authorities to expand their presence in Taiwan’s retail banking market by taking over the operations of local…

Where business has slowed, the main reason appears to be economic factors. Ever since Beijing angrily terminated official communications with Taiwan’s then newly installed Tsai Ing-wen government in June last year, political relations with China have plunged to their coolest point in nearly a decade. But the cross-Strait political chill over Taiwan’s unwillingness to accept a…

Who will take up the baton from the current generation of Taiwan’s corporate leaders? Corporate succession is a sensitive topic in Taiwan, where many top business leaders take on larger-than-life roles in their firms, often opting to continue working well into their eighties. Strong family and personal connections often complicate the transfer of company leadership….