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…

To capture a greater share of the booming digital assets business, Taiwan needs more comprehensive regulation and proactive government support for the industry. During his four years in office, former Chinese Nationalist Party (KMT) legislator Jason Hsu spoke of turning Taiwan into a “crypto nation.” It was always a long shot; the island’s financial services…

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’s first two virtual banks have quickly accumulated customers, and the market is expanding with a third such bank on the way. But Taiwan’s oversaturated banking market will likely require that the digital lenders adopt new tactics and technologies to become truly competitive. Taiwan’s financial industry is known for its conservatism. Firms and regulators alike…

From installing the world’s first safety elevator in the New York Crystal Palace to creating seamless elevator experiences for humans and robots, Otis has a remarkable track record of invention. Today, the company moves over two billion people a day. Whether in the Empire State Building, the Eiffel Tower, or the Lotte World Tower, Otis…

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…

By Aimee Wu, Meet Global Steaker, a crypto asset management platform founded in 2019, currently has over US$60 million in assets under management. The scrappy startup’s team envisages a blockchain ecosystem in which cryptocurrency can even be used to pay for beer. Binance, the world’s leading cryptocurrency exchange, recorded a crypto trading volume of US$798…

By using tactics and technology to avoid overcrowding at popular destinations and involving the input and expertise of local communities, Taiwan can begin to distribute tourist dollars more evenly. The problem exists wherever tourism is a significant industry. During peak seasons, popular destinations look like they might buckle under the weight of visitors. At other…

A TSMC factory in Hsinchu, Taiwan

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…