A bi-weekly snapshot of Taiwan business news stories brought to you by CommonWealth and AmCham Taipei’s TOPICS Sales of iPhone 12 predicted to set record Apple’s newest offering, the iPhone 12, went on sale in Taiwan on October 23. Taiwan’s three largest telecoms operators – Chunghwa Telecom, Taiwan Mobile, and Far EasTone – have indicated…

The severe spread of COVID-19 across the U.S. this spring brought the return to Taiwan of high-level Taiwanese- and Chinese-American talent from Silicon Valley. They are now helping build a similar environment for innovation on the island. The group of 40-something Taiwanese-American tech entrepreneurs and venture capitalists that refers to itself as the Taiwan Mafia…

A bi-weekly snapshot of Taiwan business news stories brought to you by CommonWealth and AmCham Taipei’s TOPICS Smart Manufacturing Alliance Established On October 6, two of Taiwan’s foremost industrial associations, the Taiwan Association of Machinery Industry (TAMI) and the Taiwan Electric and Electronics Manufacturing Association (TEEMA), announced the formation of the Taiwan Smart Manufacturing Alliance…

A bi-weekly snapshot of Taiwan business news stories brought to you by CommonWealth and AmCham Taipei’s TOPICS Bicycle Manufacturers See Major Change of Fortunes in Second Half As markets in the West have successively reopened, skyrocketing demand for bicycles and components has left manufacturers in Asia scrambling to keep up. Orders are backed up through…

With a focus on driverless public transportation, the government and local industries have been collaborating to put more AVs on the road, using extensive testing to ensure safety. Driverless cars have proven harder to make than many people initially thought. Fully autonomous vehicles (AVs), which require zero human attention and don’t even have steering wheels,…

Taishin Acquires Prudential Taiwan Taiwanese financial services firm Taishin Financial Holdings announced in August its 100% acquisition of Prudential Life Insurance Company of Taiwan for NT$5.5 billion (US$186.24 million). The deal comes after a series of bids were submitted to purchase the New Jersey-based insurance company’s Taiwan subsidiary, which has a staff of 700 sales…

Audrey Tang shared her thoughts with Taiwan Business TOPICS on the intersection between technology and governance.  In Taiwan, there is no official government title of “Digital Minister,” yet that is what is engraved on the plaque on the wall adjoining Audrey Tang’s office in the Executive Yuan. In fact, as she tells Taiwan Business TOPICS,…

What a “Digital Ministry” Could Mean for Taiwan

While plans for new digital agency are still being deliberated, both government insiders and industry players are weighing in on what form it should take and what its mandate should be. For an economy as heavily dependent on technology as Taiwan’s, fostering digital and technological transformation is increasingly vital. The government’s plans to establish a…

A bi-weekly snapshot of Taiwan business news stories brought to you by CommonWealth and AmCham Taipei’s TOPICS FarEasTone and APT Sign 5G Deal FarEasTone (FET), Taiwan’s third largest telecom operator by market share, and Asia Pacific Telecom Co (APT) announced in early September that they will begin partnering to provide 5G services on Taiwan’s 3.5GHz…