Two industrial sectors appear particularly promising for Taiwan to develop as a regional center for the Asia Pacific.  The best opportunities for Taiwan to play a strong regional role may lie with its fast-developing capability in offshore wind power and its already well-established foundation as a high-tech R&D center.  Taiwan has big expectations for wind…

Faced with rising labor costs, Taiwanese companies are increasingly utilizing the latest sophisticated technologies to go beyond conventional automation to embrace Industry 4.0. A growing number of Taiwanese manufacturers are making the leap to smart factories, reflecting the worldwide trend towards industrial automation known as “Industry 4.0.” The Tsai administration has made the development of…

While global auto markets faced significant setbacks and weak sales growth this year, Taiwan appears to have fared relatively well. However, challenges for domestic automakers continue to intensify as consumers increasingly choose imported vehicles. 2019 was a tough year for global auto markets. A combination of factors – declining demand, increasingly strict emissions and fuel-consumption…

The semiconductor industry’s concentration at home provides it with some insulation from the direct effects of the U.S.-China trade war. Taiwan’s crucial semiconductor industry is set to grow 5% in 2020 on the back of rising demand for artificial intelligence applications and 5G telecommunications infrastructure. Overall industry output value is expected to reach NT$2.8 trillion…

The recent IFA show in Berlin gave Taiwanese companies an opportunity to showcase new products. Taiwan’s consumer electronics providers have begun exploring new market segments in the face of slowing global economic growth, decreased replacement demand, persistent concerns over the U.S.-China trade war, and stiff competition from China. The 2019 edition of IFA, one of…