Taiwan’s three Science-based Industrial Parks – the Hsinchu Science Park in northern Taiwan, Central Taiwan Science Park centered in Taichung, and Southern Taiwan Science Park centered in Tainan – have provided a nurturing base of operations for the country’s high-tech industries. The advantages of locating within a science park include: One-stop Service. Companies need to…

Since the first park opened in Hsinchu in 1980, the emphasis has been on accommodating manufacturers of technology hardware products. That focus is expected to start changing, as Taiwan’s industrial upgrading puts more stress on software, the internet of things, artificial intelligence, and robotics. Over the decades, much of Taiwan’s success as a global manufacturing…

In addition to the New Southbound Policy, one of the central initiatives of the Tsai Ing-wen administration has been the “5+2 Innovative Industry” program focusing on cutting edge industrial sectors. The goal of forging links between those two policies was assigned to the Ministry of Economic Affairs as one of the five flagship projects under…

The Novartis motto – “Reimagining Medicine” – goes to the heart of the company’s deep commitment to developing innovative drugs to help fill the unmet needs of patients worldwide. The Swiss-based pharmaceutical multinational consistently ranks among the top companies investing in R&D, ensuring a constant pipeline of new and groundbreaking treatments. In 2017 the investment…

Corning is the world’s leading glass, fiber, and ceramics maker, producing an array of life changing innovations in advanced optics, communications networks, display glass, and the ultra-durable Gorilla Glass. But the innovation that most excites Daniel Tseng, President of Corning Display Technologies Taiwan (CDTT), and these days is a smartphone camera flash that enables selfies…

The major new development is creation of Taiwania Capital Management, a government-backed venture-capital operation. Among the seven industries targeted in the government’s “5+2 Industrial Innovation Program,” the one starting with the strongest foundation is smart machinery. Overall machinery production value this year could break the NT$1 trillion (about US$33 billion) mark for the first time,…