TrendForce research indicates that the revenue of Taiwanese IC design companies grew significantly in 2021, with many firms hitting record highs due to their active procurement of various terminal applications and the effects of inflation. These companies also performed well in terms of gross profit margin and profitability. The top 10 Taiwanese IC design companies…
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…
Taiwan Feed-in Tariffs Raised Taiwan’s Ministry of Economic Affairs (MOEA) in late December announced changes in the feed-in tariff (FiT) rate to be offered for various categories of renewable energy in 2020. The rate for solar photovoltaic power generation, which includes the cost of solar panel recycling, will be cut to NT$3.9408-$5.7788 per kilowatt-hour, depending…
Apple Pay Launches Service in Taiwan Apple Pay became available to users in Taiwan as of 7 a.m. on March 29, with seven local banks coming forward to support the online payment app and a number of businesses leaping to capitalize on the system. The payment app allows consumers with an iPhone 6 or more…
