By Hannah Chang, Commonwealth Magazine Ambitions to manufacture in the U.S. closer to major customers have led TSMC to set up shop in America. The project and related supply chain relocation pose numerous challenges, from cost control to talent recruitment and management techniques in a different culture. Michelle Chang, director of the Taiwanese Chambers of…
As more countries look to diversify their supply chains, Taiwan has a chance to strengthen its position in the global economy. But is its infrastructure robust enough to support expanded business? Over the past few years, the U.S. and Taiwan have intensified their efforts to reduce reliance on China in their supply chains as a…
As the Russia-Ukraine war continues to escalate, some have questioned whether semiconductor powerhouse Taiwan will be affected. However, TrendForce notes that as Russia is not a primary market for the Taiwanese foundry industry, the direct impact of the sanctions piling up against Russia on Taiwanese foundries will likely remain limited. Nevertheless, the war may potentially…
Taiwan Welcomes EU’s New Chip Act Taiwan’s Ministry of Foreign Affairs welcomed the EU’s announcement on February 9 of The European Chips Act, citing its potential to boost Taiwan-EU bilateral investment. The proposed legislation seeks to increase the number of semiconductors manufactured in Europe by expanding cooperation with the world’s leading chipmakers. It will dedicate…
Plans by a growing number of international technology companies to begin designing their own semiconductor products – and by governments to develop domestic chipmaking capabilities – could bring some disruption to the market. Yet Taiwan’s ability to produce chips efficiently and at a relatively low cost should ensure its continued growth and success. Taiwan’s production…
A weekly snapshot of Taiwan business news stories brought to you by CommonWealth and AmCham Taiwan’s TOPICS MSCI Lowers Taiwan Index Weightings Global index provider MSCI published its quarterly index review on February 10. The latest review saw a drop in Taiwan’s weighting in the MSCI Emerging Markets Index and the MSCI All-Country Asia ex-Japan…
By Julia Bergström U.S., Taiwan Ramp Up Semi Investments U.S. chip materials maker Entegris plans to more than double its investment in Taiwan by building its largest manufacturing site on the island to supply products to Taiwan Semiconductor Manufacturing Co. (TSMC) and others. Operations at the site in Kaohsiung are set to begin by the…
A weekly snapshot of Taiwan business news stories brought to you by CommonWealth and AmCham Taiwan’s TOPICS Inbound FDI Drops by Over 18% in 2021 The Investment Commission announced on January 20 that it approved 2,711 foreign direct investment (FDI) applications in 2021, a 20.68% decrease from the year before. FDI last year totaled US$7.48…
Taiwan this year experienced its steepest economic growth in more than a decade. But a slower pace is expected in 2022 due to the higher base, more normalized demand, and supply chain adjustments. Despite semiconductor shortages, shipping logjams, energy price hikes, and the uneven distribution of coronavirus vaccines, the global economy in 2021 has bounced…
Second EPPD Held Virtually in November The second annual U.S.-Taiwan Economic Prosperity Partnership Dialogue (EPPD) took place on November 22. The U.S. State Department-led forum seeks to strengthen economic ties between the two partners in a number of strategic areas. This year’s EPPD was conducted virtually by the American Institute in Taiwan (AIT) and the…
