By Wu Ching-fang, Commonwealth Magazine The Formosa Plastics Group, the world’s 10th-largest petrochemical company, has announced its intention of becoming carbon neutral by 2050. Considering that the conglomerate generates more than 50 million metric tons of carbon emissions a year, how does it intend to reach that goal? The Formosa Plastics Group is one of…

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…

The Community Services Center turns 35 this year, a significant milestone for the organization. Founded in 1987, the Taipei-based nonprofit has striven to provide high-quality support services to Taiwan’s foreign residents to help them settle and acclimate to life in Taiwan. Chief among the Center’s top-tier attributes is its strong and diverse counseling team. All…

By Courtney Donovan Smith Taishang Factories Disrupted by COVID-19 Taiwanese manufacturers in China, particularly those based in Shanghai and neighboring Kunshan, have suffered plant closures and supply chain issues due to China’s “dynamic zero-COVID” policies and the extended lockdown of the Shanghai region, widespread disruptions to trucking within China, and delays at the port of…

By Courtney Donovan Smith April Marks End to Zero-COVID Policy Locally transmitted cases in Taiwan have been rising exponentially since early April, as the Omicron variant began spreading across the island. Recognizing the variant’s infectiousness, the economic costs of the zero-COVID approach, and that almost all reported cases have been mild or asymptomatic, the government…