business, finance & tech

An unexpected surge in demand left car manufacturers in some major markets scrambling to make up for a shortage of automotive chips.

Automakers’ Reliance on Taiwan Chips Sparks Discussion

Taiwan Business Topics

An unexpected surge in demand left car manufacturers in some major markets scrambling to make up for a shortage of automotive chips.

Following several reports, the largest tech companies in China plan to bypass Apple’s new privacy rules that essentially block third-party applications from tracking users’ data.

A Battle of Wills? China’s Tech Giants Bypass Apple’s Privacy Tool

Ketagalan

Following several reports, the largest tech companies in China plan to bypass Apple’s new privacy rules that essentially block third-party applications from tracking users’ data.

The Legislative Yuan on April 9 passed the third and final reading of amendments to the Income Tax Act that aim to revise property tax rates.

The Rundown: Property Tax, Ta Ya’s Solar Plans, and Mitsui Chemicals’ Increased Investment

Taiwan Business Topics

The Legislative Yuan on April 9 passed the third and final reading of amendments to the Income Tax Act that aim to revise property tax rates.

The Financial Supervisory Commission’s new action plan includes goals related to data liberalization, encouraging disruption and innovation, and talent development.

Updating Taiwan’s Banking System with Fintech

Taiwan Business Topics

The Financial Supervisory Commission’s new action plan includes goals related to data liberalization, encouraging disruption and innovation, and talent development.

While Taiwan relies on typhoons for 60% of its water usage needs, the absence of these severe weather events this past year has resulted the island’s worst water shortage in over five decades.

The Rundown: Water Shortage, Air Liquide Expansion, and Global Bike Demand

Taiwan Business Topics

While Taiwan relies on typhoons for 60% of its water usage needs, the absence of these severe weather events this past year has resulted the island’s worst water shortage in over five decades.

It is peculiar that, from a technological standpoint, Taiwan has not launched larger-scale rocket programs. It has a leg up on South Korea’s budding rocketry program in that Taiwan’s program uses solid fuel—a luxury South Korea has only recently been afforded by the United States.

Is it Taiwan's Turn to Invest in Space?

Taiwan Insight

It is peculiar that, from a technological standpoint, Taiwan has not launched larger-scale rocket programs. It has a leg up on South Korea’s budding rocketry program in that Taiwan’s program uses solid fuel—a luxury South Korea has only recently been afforded by the United States.

The semiconductor industry is strategic to national security and critical to international connections in the high tech and techno-geopolitics era.

Semiconductor Industry Strategies in Taiwan

Taiwan Insight

The semiconductor industry is strategic to national security and critical to international connections in the high tech and techno-geopolitics era.

Nearly ten months after scientists identified COVID-19, China, South Korea, Taiwan, New Zealand, and other countries are seeing a return to semi-normal life.

Technology Without Authoritarian Characteristics: The Taiwan Model of Combating COVID-19

Taiwan Insight

Nearly ten months after scientists identified COVID-19, China, South Korea, Taiwan, New Zealand, and other countries are seeing a return to semi-normal life.

Last month, Taiwan’s Directorate General of Budget, Accounting and Statistics (DGBAS) announced that it expected the Taiwanese economy to grow by about 1.6% in 2020.

Despite Economic Growth During Pandemic, Wealth Not Likely to Trick Down

New Bloom

Last month, Taiwan’s Directorate General of Budget, Accounting and Statistics (DGBAS) announced that it expected the Taiwanese economy to grow by about 1.6% in 2020.

Taiwan has a relatively complete supply chain for electric vehicle components, and companies such as Tesla rely heavily on Taiwanese suppliers.

Taiwan’s EV Supply Chain Cranks into High Gear

Taiwan Business Topics

Taiwan has a relatively complete supply chain for electric vehicle components, and companies such as Tesla rely heavily on Taiwanese suppliers.

Taiwan’s car market experienced substantial sales growth in 2020, recording the highest number of units sold in 15 years.

The Taiwan Auto Industry’s Blockbuster Year

Taiwan Business Topics

Taiwan’s car market experienced substantial sales growth in 2020, recording the highest number of units sold in 15 years.

Fubon Financial Holding Co. announced that it had successfully completed the public tender to acquire a 53.84% stake in Jih Sun Financial Holding, making it the largest company shareholder.

The Rundown: Fubon Acquisition, Medigen Vaccine, and Nuclear Fuel

Taiwan Business Topics

Fubon Financial Holding Co. announced that it had successfully completed the public tender to acquire a 53.84% stake in Jih Sun Financial Holding, making it the largest company shareholder.

A proposed acquisition could be a turning point for Taiwan’s overbanked financial services industry.

Breaking the Deadlock on Financial Consolidation in Taiwan

Taiwan Business Topics

A proposed acquisition could be a turning point for Taiwan’s overbanked financial services industry.

The government has yet to include hydrogen in its renewable energy policies, but the private sector is already investing in this fast-growing area.

Is Taiwan Ready for the Hydrogen Economy?

Taiwan Business Topics

The government has yet to include hydrogen in its renewable energy policies, but the private sector is already investing in this fast-growing area.

Powerchip Semiconductor Manufacturing Corp (PSMC) announced last Tuesday that it officially turned a profit in 2020, with revenue of NT$45.68 billion (USD$1.62 billion) and a net profit of NT$3.81 billion (USD$135 million) after tax, or $1.23 EPS.

The Rundown: PSMC Profit Growth, Taipower Corporate Bonds, and Strong PC Sales Revenue

Taiwan Business Topics

Powerchip Semiconductor Manufacturing Corp (PSMC) announced last Tuesday that it officially turned a profit in 2020, with revenue of NT$45.68 billion (USD$1.62 billion) and a net profit of NT$3.81 billion (USD$135 million) after tax, or $1.23 EPS.

The advent of Agriculture 4.0 technologies is creating a new paradigm where farmers harvest data rather than just plant with a renewed focus on agricultural education and human capital development.

Human Capital Development and Agricultural Aid: A New Model for Taiwan

Taiwan NextGen Foundation

The advent of Agriculture 4.0 technologies is creating a new paradigm where farmers harvest data rather than just plant with a renewed focus on agricultural education and human capital development.

It would not be inconceivable for homegrown coffee to join the list of Taiwan’s soft power beverages alongside bubble tea and Kavalan whiskey.

Coffee and Taiwan: Trends, Opportunities and Soft Power Potential

Ketagalan

It would not be inconceivable for homegrown coffee to join the list of Taiwan’s soft power beverages alongside bubble tea and Kavalan whiskey.

A weekly snapshot of Taiwan business news stories brought to you by CommonWealth and AmCham Taiwan’s TOPICS

The Rundown: TSMC CapEx Increase, Yulon Group Prospects, and E-Billing

Taiwan Business Topics

A weekly snapshot of Taiwan business news stories brought to you by CommonWealth and AmCham Taiwan’s TOPICS

Last month, Central Bank of the Republic of China (CBC) Governor Yang Chin-long spoke to lawmakers regarding the U.S. possibly labeling Taiwan a currency manipulator.

Taiwan Should Keep Its Eyes on the Prize

Taiwan Business Topics

Last month, Central Bank of the Republic of China (CBC) Governor Yang Chin-long spoke to lawmakers regarding the U.S. possibly labeling Taiwan a currency manipulator.

As the first quarter comes to a close, many economic institutions are raising their forecasts for Taiwan’s 2021 economic growth.

The Rundown: GDP Forecasts, Infrastructure Plan, and Ransomware Attack

Taiwan Business Topics

As the first quarter comes to a close, many economic institutions are raising their forecasts for Taiwan’s 2021 economic growth.

Last December, Taiwan’s Financial Supervisory Commission (FSC) announced the easing of requirements for foreign finance professionals, part of the government’s plans to make Taiwan an Asia-Pacific financial hub.

Taiwan Seeks More Foreign Finance Talent

Taiwan Business Topics

Last December, Taiwan’s Financial Supervisory Commission (FSC) announced the easing of requirements for foreign finance professionals, part of the government’s plans to make Taiwan an Asia-Pacific financial hub.

Although hydrogen gas emits only water, it does not naturally exist in its pure form and must be generated from another hydrogen-carrying source – usually methane (CH4) – through a process called steam-methane reforming.

The Promise of Green Hydrogen

Taiwan Business Topics

Although hydrogen gas emits only water, it does not naturally exist in its pure form and must be generated from another hydrogen-carrying source – usually methane (CH4) – through a process called steam-methane reforming.

Taiwan’s National Communications Commission (NCC) on March 3 approved local telecom operator Far EasTone’s (FET) application to share its 5G bandwidth on the 3.5GHz frequency band with Asia-Pacific Telecom (APT).

The Rundown: APT-FET Deal, Microsoft-Hon Hai Partnership, and FSC Fines Securities Firms

Taiwan Business Topics

Taiwan’s National Communications Commission (NCC) on March 3 approved local telecom operator Far EasTone’s (FET) application to share its 5G bandwidth on the 3.5GHz frequency band with Asia-Pacific Telecom (APT).

The world is nowhere near getting over the COVID pandemic.

COVID 19 Recovery: Notes on Taiwan and the New World Trading Order

Taiwan Insight

The world is nowhere near getting over the COVID pandemic.

Dating back to ancient Egypt, Greece, and Arabia, the study of human anatomy is one of medicine’s oldest disciplines and anatomy courses.

From "Silent Teacher" to "Virtual Teacher"

Taiwan Insight

Dating back to ancient Egypt, Greece, and Arabia, the study of human anatomy is one of medicine’s oldest disciplines and anatomy courses.