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…
Some of the multinational company’s busiest stores in the world are located in Taiwan. Among the 759 Costco stores in the United States and 10 other countries and regions, the operation in central Taiwan’s Taichung ranks at the very top in the number of members and is second in the world in sales volume (the…
Taiwan’s chains are focusing on providing hyperlocal services in smaller spaces. Taiwan’s supermarkets in recent years have been morphing into a hybrid type all its own in response to the growing trend for consumers to prioritize convenience and service over huge product selection. In the past, Taiwanese consumers might patronize a department store once a…
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…
Some pointers for multinationals looking to improve their community involvement. Many companies recognize the importance of Corporate Social Responsibility (CSR) but are still daunted by the challenges involved in doing it well. A lot can go wrong every step of the way – from picking a cause, to choosing partners, to long-term execution. Here are…
Foxconn Pursues More Wisconsin Initiatives Foxconn Technology Group, known in Taiwan as Hon Hai Precision Industry Co., is following up its planned US$10 billion investment in Wisconsin to build an LCD-panel plant with several additional commitments in the Mid-Western state. At a ceremony in late August at the University of Wisconsin-Madison, Foxconn CEO Terry Gou…
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…
Fresh baked goods and theme-based stores are also drawing customers. In order to better serve as one-stop supply stations for local people in their daily life, Taiwan’s convenience stores are expanding their floor space, adopting more sophisticated technology, taking on more functions, and seeking to make their store layouts more attractive. 7-Eleven, the largest convenience…
Companies are eyeing the market for if and when sanctions are relaxed. Taiwanese businesses are among many around the world that watching to see whether the prospective U.S.-North Korean denuclearization deal is successful, and if so whether the North Korean market will be opening up for international trade, an expert on North Korea said at…
Describing social enterprises as an “important part of Taiwan’s soft power,” Audrey Tang, Taiwan’s Digital Minister, hailed their ability to meld the pursuit of social interests and business profits – forces usually thought of as being in conflict – to facilitate the search for common shared values and solutions. She made her remarks as the…
