Much of Taiwan’s industry is being transformed by the introduction of AI technologies, particularly in the areas of manufacturing and healthcare. Industry the world over is experiencing some radical changes, propelled by the continued development and application of AI technology across a wide variety of different fields. While in most countries everything from finance and…

Industry, government, and academia are all working together to create a vibrant AI ecosystem in Taiwan, while recognizing that some major challenges remain. Ask anyone in Taiwan’s business or technological circles these days what they think will be the next big thing for Taiwan industry, and the answer is almost certain to be “artificial intelligence.”…

In the fall of 2007, Taiwan Business TOPICS invited 14 experts to offer their thoughts on “what Taiwan should aim to be like” in their areas of expertise by the year 2020, and how to achieve those goals. Their views were published in the November 2007 edition of TOPICS under the heading “Vision 2020.” With 2020 now upon us, TOPICS sought to re-engage with the…

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…