The Pearl River Delta is merging 11 big cities to create an economic juggernaut that promises to turn the region’s copycat past into a Silicon Valley future. CommonWealth looked into how this colossus is taking shape and what it portends.
Starting this year, electricity use will be like browsing the market for food - just pick and choose whatever you like. The liberalization of the electricity industry enables everyone from individuals to large corporations to freely invest in, buy or sell renewable energy.
In the Pearl River Delta, the city of Dongguan is known as the “capital” of Taiwanese-invested businesses. A decade ago, Dongguan experienced an exodus of Taiwanese companies that were no longer competitive due to rising labor costs. But those who are still active in Dongguan today are well established in their niches and there to stay.
Largan Precision’s dominance in the high-end lens industry was confirmed when Apple’s iPhone 7 Plus ushered in the dual-lens smartphone camera era at the end of 2016. How has Largan reached this pinnacle, and where does it go from here?
Thanks to customer-oriented “pre-sales services” and strong R&D capability, Taiwan’s largest integrated steelmaker, China Steel Corporation, has doubled its profits and made inroads into the Asian market for high-end steel materials.
Artificial intelligence is poised to explode, much like the internet in the 1990s. But with no clear market and no advanced research, how can Taiwan find its niche in this global tsunami and what will it need to do to strike success?
Taiwan has never had a more industry-oriented science and technology minister. Chen Liang-gee is the most aggressive government official when it comes to investing in artificial intelligence (AI). What does he have in mind? The following are excerpts from our exclusive interview with Chen, in his own words:
Though seasonal demand for consumer electronics helps Taiwan's ailing manufacturing industry stop bleeding money for now, finding products and services that generate sustainable growth will be crucial for the future development of the manufacturing sector.
Cultural creative, environment-related industries are finding growth while retail and hospitality sectors are expanding markets. The service industry is developing profitable streams even as profits have declined overall.