Chipmaking undergirds the Six Core Strategic Industries initiative, particularly in the area of digital and information technology. The Six Core Strategic Industries policy, which the Tsai Ing-wen administration launched in 2020, builds upon the 5+2 Innovative Industries initiative of Tsai’s first term to capitalize on global supply chain changes and catalyze Taiwan’s industrial transformation. Amid…

While 2020 was an extremely challenging year for individuals and companies throughout the world, one industry managed to experience substantial growth of an estimated 8.4% globally. That industry was semiconductors, producers of the tiny chips that power virtually all of the world’s electronic devices, handsets, tablets, and computers. And nowhere was the production of these…

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…

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,…