Category: industry

Cashing in Taiwan’s Chips: Trade Deals and Divergent Interests from Washington and Tokyo

Written by Shihoko Goto. The momentum for Taiwan to be an integral part of the global economic community is reaching unprecedented levels. Taiwan’s ability to keep the pandemic at bay when the international community was first gripped by the rapid spread of covid in early 2020 certainly opened the world’s eyes to Taipei’s efficient, capable responses to emergencies. But the disruptions to global supply chains and the recognition of Taiwan dominating the international semiconductor manufacturing market have catapulted Taiwan’s economic standing. At the same time, growing concerns about ensuring the status quo in cross-Strait relations have only raised awareness of the fragile situation that Taiwan finds itself in. The question is whether Taiwan has suitably leveraged its advantages to ensure its economic prospects and safeguard its future.

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Saving an Ageing Industry by Employing Migrant Workers: The Legalisation of Agricultural Migrant Workers in Taiwan

Although 2022 may be seen as the continuation of the Covid-19 pandemic worldwide, it has also marked the third year after Taiwan opened its agricultural labour market to Southeast Asian workers. It is widely known in Taiwan that small tenant farmers in the vegetable, fruit, and tea sectors and livestock farmers have been challenged by chronic shortages of seasonal labour.

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Taiwan’s Prowess in the ICT Industry  

Min-Hua Chiang examines the growth of Taiwan’s robust ICT industry. China was considered a potentially important competitor to Taiwan’s ICT firms a few years ago. However, China’s effort to reduce its reliance on importing key components was unsuccessful. In July 2021, Tsinghua Unigroup, a state-backed semiconductor manufacturer, filed a bankruptcy request. Chinese chip industry only took 7.6% of total global semiconductor sales. Its equipment and materials for production are still limited to older technologies. The American government has been encouraging manufacturing production at home to reduce imports of key components from overseas. Nevertheless, the high labour cost and lack of qualified workers in the semiconductor industry will make it difficult to reduce its reliance on Taiwan. The greater US-China competition in the high technology industry is only likely to increase the superpowers’ dependence on Taiwan’s semiconductor industry.

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Taiwan’s Music Reimagined in Garden Mingle: Is Blossoming Creativity Grounded in Resilient Infrastructure?

Written by Chen-Yu Lin. While the presence of music is found mainly in the side events of TCCF, it implies that music is an effective and powerful medium to engage the public and bring publicity. However, the relationship between music and other cultural technologies is yet to be probed, problematized, and identified. While the influence of technologies is praised and habitually presented in a positive light in TCCF, the unceasing tension between music creators and technological development—highlighted by discussions of streaming royalties and antitrust regulations—is concealed.

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Taiwan’s Economy: GDP Growth is a Bright Spot for Now

Written by John F. Copper. The recent economic news emanating from Taiwan is the impressive growth in its gross domestic product (GDP)—one of the basic indicators of economic vitality. This is certainly good to hear. After experiencing negative growth throughout most of 2020, conditions changed in the last quarter of the year. As a result, Taiwan even bested China’s GDP growth. Furthermore, the upward trend accelerated this year, with GDP expansion the highest in two decades. If this growth is sustained, 2021 will end with a welcomed 5 per cent or better rise.

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