Booming exports, especially ICT products, are driving demand for industrial plots of land, factories, and logistics facilities to a new high. Ever since the U.S.-China trade dispute began, demand for industrial real estate in Taiwan has been ticking up. Demand strengthened with the launch of the Tsai Ing-wen administration’s reshoring initiative in 2019, which offers…

TSMC and Sony to Build Japan Chip Plant Taiwan Semiconductor Manufacturing Co. (TSMC) and Sony Semiconductor Solutions Corp. (SSS), a wholly owned subsidiary of Sony Group, announced on November 9 the joint establishment of Japan Advanced Semiconductor Manufacturing Inc. (JASM) in Kumamoto, Japan. Construction of JASM’s first fab is scheduled to commence next year, with…

Taiwan’s increasing use of green energy has been advantageous to its economy. As investment in renewables continues to grow, more gains are expected down the line. Renewable energy adoption is quickly becoming a priority for a growing number of businesses and governments. In 2019, assets under management in which institutional investors employed Environmental, Social, and…

U.S. Request Rattles Taiwan Chipmakers The U.S. Department of Commerce on September 24 requested that semiconductor companies from around the world submit “information about inventories, demand, and delivery dynamics.” Information requested included the companies’ “book-to-bill” ratio – the ratio of orders received to units shipped and billed for during a specified time – and “an…

A weekly snapshot of Taiwan business news stories brought to you by CommonWealth and AmCham Taiwan’s TOPICS TSMC plans to build new plant in Japan On October 14, the Taiwan Semiconductor Manufacturing Company (TSMC) announced plans to construct a specialized wafer fabrication plant in Japan. During a Q3 earnings call, TSMC Chief Executive Officer C….

Chipmaking undergirds the Six Core Strategic Industries initiative, particularly in the area of digital and information technology. The Six Core Strategic Industries policy, which the Tsai Ing-wen administration launched in 2020, builds upon the 5+2 Innovative Industries initiative of Tsai’s first term to capitalize on global supply chain changes and catalyze Taiwan’s industrial transformation. Amid…

A weekly snapshot of Taiwan business news stories brought to you by CommonWealth and AmCham Taiwan’s TOPICS Macquarie and Kaison Sign MOU for EVs Macquarie Capital, an Australian-listed institutional investor that has been operating in Taiwan for 17 years, announced on August 18 that it has signed a memorandum of understanding with Taiwan electric bus…

An unexpected surge in demand left car manufacturers in some major markets scrambling to make up for a shortage of automotive chips, which are produced mostly in Taiwan. Now governments are exploring how to reduce dependence on the island’s chipmakers. Taiwan’s key foreign policy catchphrase “Taiwan can help” has become a lot more relevant lately,…