The Tsai administration is making a heavy commitment of resources to promoting seven sectors of the economy as the key to transforming Taiwan’s industry. The initial five “pillar industries” were the Internet of Things (also referred to as Asia·Silicon Valley), Biomedical, Green Energy, Smart Machinery, and Defense. Added later were high-value agriculture and the circular…

Photo: Victor Taichung

The Tsai Ing-wen government has included this sector among its five priority industries.   To meet the growing global demand for smart automated manufacturing equipment in line with what has been dubbed “Industry 4.0,” Taiwan’s machinery companies are scrambling to turn out smart models by incorporating advanced information technology into their products. The outlook for…

taiwan-military-defense-industry

The newly elected DPP government has stated its intention to strengthen Taiwan’s defense industry as a way to both enhance national security and expand the economy. Taiwan’s National Chung-Shan Institute of Science and Technology has already demonstrated its capability to develop various types of weaponry, including advanced missile systems, and the Aerospace Industry Development Corp. –…

For Taiwan to maintain its competitive position, it will need to adopt new technologies and business models Taiwan has built itself into a major player in global technology supply chains through fast, efficient manufacturing of information technology (IT) hardware. It is a leading producer of semiconductors, solar cells, display screens, motherboards, and other mid-stream components,…