Aggressive local competition and rising geopolitical risk make the contract electronics manufacturing giant’s China dependency more precarious than ever. Hon Hai Precision Manufacturing Co., better known as Foxconn, is the largest private employer in China and has long depended on the country as its manufacturing base. As recently as 2018, Foxconn assembled half of the…
Though car sales have just started, the company has been sourcing from Taiwan for some time. Last summer, Tesla Motors, the world’s most celebrated electric car maker, finally entered the Taiwan market. The plans were announced to great fanfare on the Fourth of July, and the California-based technology company subsequently opened a pop-up store at…
New market entrants could put Taiwan on the map as a major EV maker. In April, Premier Mao Chi-kuo proclaimed the goal of making Taiwan a leading manufacturer of new-energy vehicles as part of a plan to transform it into a “model green country.” In particular, Taiwan should replace its motor scooters and motorcycles with…
