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,…

A weekly snapshot of Taiwan business news stories brought to you by CommonWealth and AmCham Taiwan’s TOPICS TSMC raises capital expenditures to increase capacity Taiwan Semiconductor Manufacturing Co (TSMC), the world’s leading contract manufacturer, said at a investor conference on April 15 that it would again raise its capital expenditures for 2021 to NT$30 billion,…

Reliance on China has never been riskier for Taiwan’s semiconductor sector. Industry giants like TSMC are now investing to increase production capacity in the U.S. as means of threading the needle on the American tech dispute with China. China has long exerted a gravitational pull on Taiwan’s semiconductor industry. The China market’s size, proximity, and…

LABOR LAW AMENDED During an 18-hour overnight session, the Legislative Yuan approved amendments to the highly controversial Labor Standards Act that the government promises will provide greater flexibility for both workers and employers but which labor activists argue will lead to abuse of labor rights. The amendments include changes to the overtime calculation, with overtime…

Progress: An 8-inch silicon wafer from 1993 on display at the ITRI Exhibition hall. (Photo: Matthew Fulco)

Allowing Chinese investment in the sector could give Beijing immoderate influence over Taiwan’s most prized industry, yet shunning it could undermine competitiveness.   The semiconductor sector is one of the last areas of the global consumer electronics supply chain where Taiwanese firms retain an edge over their Chinese competitors. Taiwanese integrated circuit (IC) makers have…