“White hat” hackers and cyber-cops fight crime in Taiwan’s heavily attacked cyberspace. Cybercrime is a growing problem in Taiwan and around the world, cybersecurity experts and law enforcement officers agree. “It’s absolutely on the rise because everything is connected to the internet – you can shop online, can do anything,” says Wu Fu-mei, acting director…

Taiwan brings several important advantages to this relatively new field.   In the traditional Linear Economy, raw materials are made into products using a “take, make, and dispose” approach – with any waste material thrown away after use. By contrast, the Circular Economy as defined by the Ellen MacArthur Foundation, is restorative and regenerative by…

Banks remain cautious about embracing full-throated digitization. Customers of Taiwan’s domestic banks sometimes feel like they’re in a time warp. Basic savings accounts often are not automatically equipped with online banking – customers have to request that service. And in many cases, the standard means of tracking account activity is a passbook that must be…

Few technological advances have gained the world’s attention like the Internet of Things (IoT), defined by global analytics firm IDC as “a network of uniquely identifiable ‘things’ that communicate without human interaction using IP connectivity.” Some 13 billion connected devices are already in operation, used mostly in manufacturing, transportation, smart cities, and consumer applications, and…

Fully automatic buses are already being tested in Taipei for late-night service. Backed by its solid base in ICT (information-communications technology), Taiwan is gearing up for the coming trend of driverless cars, which is expected to revolutionize transportation worldwide within 10 years. Taiwanese automaker Yulon Motor Co. has been among the leaders domestically in this…

Supporting a brand is difficult. Despite low margins, the OEM/ODM model brings in steady business. Factories of Hon Hai Precision (also known as Foxconn) and other major Taiwanese contract manufacturers are currently running at full capacity churning out the iPhone 8 and other new models launched by Apple. Economists regularly disparage Taiwan’s continued heavy reliance…