Demand for both conventional and electric bicycles has soared during the pandemic, drastically increasing the export orders of Taiwan’s bike manufacturers. However, severe shortages of raw materials and other disruptions to the supply chain have prevented these companies from fully benefiting from the current global cycling renaissance. Josh Chang had just started a new job…

A weekly snapshot of Taiwan business news stories brought to you by CommonWealth and AmCham Taiwan’s TOPICS Entegris Doubles Investment in New Kaohsiung Plant American semiconductor materials company Entegris last week announced plans to double investment in its new Kaohsiung plant. The investment will total around US$500 million over the next three years. Sales of…

A weekly snapshot of Taiwan business news stories brought to you by CommonWealth and AmCham Taiwan’s TOPICS China Airlines and EVA Air quarterly profits surge, plan to resume Taipei-London flights in December  Rising air cargo prices and volumes drove China Airlines Ltd.’s (CAL) third-quarter revenue to skyrocket, reaching NT$34.474 billion – an annual increase of…

A weekly snapshot of Taiwan business news stories brought to you by CommonWealth and AmCham Taiwan’s TOPICS Manufacturing Activity Continues to Flourish The Chung-Hwa Institution for Economic Research (CIER) announced on September 1 that its Purchasing Managers Index (PMI) had fallen 3.1 points in August to 62.1. Although the PMI has maintained a score of…

Data indicates that Taiwanese shoppers favor products and brands that foster environmental protection and sustainability, while the government has aggressively promoted green procurement in both the public and private sectors. To meet the growing demand and catch up with international trends, local manufacturers are increasingly “greening” their production processes. It should come as no surprise…

A weekly snapshot of Taiwan business news stories brought to you by CommonWealth and AmCham Taiwan’s TOPICS Central Bank raises Taiwan’s GDP forecast The Central Bank announced on June 17 that it would leave current key interest rates unchanged. Its discount rate would remain at the historic low of 1.125%, while the rate on accommodations…

A growing emphasis on social and environmental responsibility among major U.S. corporations has begun influencing the practices and operations of their Taiwanese supply chain partners as well. Last summer, President Tsai Ing-wen announced that starting from the first day of 2021, Taiwan would allow the importation of U.S. pork containing trace amounts of ractopamine. Some…

Reliance on China has never been riskier for Taiwan’s semiconductor sector. Industry giants like TSMC are now investing to increase production capacity in the U.S. as means of threading the needle on the American tech dispute with China. China has long exerted a gravitational pull on Taiwan’s semiconductor industry. The China market’s size, proximity, and…