Will Customers Buy Costlier US-made TSMC Chips?
Strong demand for AI chips has boosted revenue for Taiwan Semiconductor Manufacturing Company (TMSC), while also being the most important argument for expanding the capacity of TSMC fabs in the U.S. Who will pay for the extra costs borne by supply chain diversification?
As China exports deflation, can steel, solar, and EVs hold up?
Global supply chains may be eager to shift away from China, but they find themselves unable to resist the allure of low-priced steel and solar panels. With the U.S. engaging in chip wars and imposing tariffs, safeguarding the EV industry becomes paramount.
Taiwan’s Largest Steelmaker Faces Green Transition Challenge
Taiwan’s leading steelmaker China Steel Corporation (CSC) cannot finance the shift away from conventional coal-based blast furnace production to sustainable steelmaking by itself. While other countries invest huge amounts in the decarbonization of steelmaking, China Steel lacks the financial resources to go green. What can be done?
How Taiwan's auto lighting king Depo breaks into Europe
For Depo Auto Parts Industrial Co., Taiwan's leading vehicle headlight supplier, the past two years have been its best yet in nearly a half-century thanks to finally cracking the European auto market—but only after a grinding 5-year campaign of rejections.
How Shein exports China’s “sinking market”
Chinese e-commerce companies Shein and Temu have conquered the world, capturing teenage American girls. CommonWealth’s investigative team went deep into the territory behind Guangzhou-based Shein’s empire to understand how China is drawing the entire world into Shein’s vortex of consumption.
Taiwan-made machinery is still sold in Russia, what can the manufacturers do about it?
The U.S. has intensified its scrutiny over Taiwanese machine tools being rerouted to Russia through third countries, with investigations reportedly encompassing more than 90 companies. The majority of the machine tool industry finds itself caught in the "Russian storm". If measures such as customer restrictions and signing non-resale agreements are futile, what solutions remain?
‘Made by China’ Hiding in SE Asia: A 10-year analysis of Apple supply chain
The U.S.-China trade war and China’s zero-COVID shutdowns accelerated Apple’s desire to move production out of China and diversify its manufacturing bases. But after combing through lists of Apple’s suppliers over the past 10 years, CommonWealth Magazine found that the number of Chinese enterprises among those suppliers actually increased rather than decreased, squeezing out American and Japanese companies.
U.S. weapons maker Northrop Grumman to add Taiwan to its supply chain
Northrop Grumman, a US-based multinational aerospace and defense technology company, has opened a new office in Taiwan, preparing to invest US$100 million in Taiwan’s domestic defense industry. The production of 30 mm chain gun ammunition on the island under license has been confirmed.
Coretronic drones soar over DJI in the US market
Taiwanese-made Coretronic drones are becoming popular in the United States. With their advanced AI and flight control systems, they're competing strongly against China's DJI. The key to their success? Coretronic doesn't have its own brand, and that's working really well for them.
Taiwan: Pioneering 'clothing-to-clothing' recycling
Preparing for the day when yarn from recycled bottles will no longer be seen as eco-friendly enough, Taiwan is poised to become Asia’s biggest producer of clothing made from old clothing next year. However, barriers loom that could slow the process.
The challenges of Foxtron EV, Taiwan’s sole car brand
Once a money-losing company under Yulon Motors, three years later it has become Taiwan’s first dedicated electric vehicle company to go public. What challenges does Foxtron face in attracting automakers as customers?
Are Chinese EV brands poised to conquer Europe?
Chinese electric vehicle brands are moving aggressively into foreign markets, especially Europe, unnerving German automakers. How are the major brands and the global auto market in general responding to this sudden challenge?
Thailand's electric shift: The rise of Chinese EVs threatening Japan's legacy
In Thailand, Japanese car manufacturers dominate 90% of the automobile production, but China leads with 80% of the electric vehicle market, highlighting Japan's slower progress in this area. If you order an Uber 6 times, 4 times you will get an electric car.
How a Taiwan professor created a drone defense tower
A small Taiwanese startup developed an advanced drone detection radar within five years. How did it get the US Department of Defense interested?
From chips to Nike kicks: Taiwan's footwear champions
Taiwan is a powerhouse not only in semiconductors but also in assembling top shoe brands like Nike and New Balance. With over 70% of Nike and 90% of New Balance shoes produced here, and Diamond Group alone making 35 million pairs of sports shoes annually, one has to wonder: what makes Taiwan so adept at shoemaking?
How Fulgent Sun makes Merrell and Vans shoes with automation
In 2023, the footwear industry finds itself on the back foot. However, Taiwan’s Fulgent Sun is not holding back on its expansion overseas, embracing automated manufacturing. How do they differentiate themselves from competitors and maintain long-term profitability?
The world of athletic footwear: ‘Made by Taiwan’
Taiwanese footwear contractors have evolved over the past 40 years into the world’s most efficient shoe manufacturers, helped by moves to new overseas locations. CommonWealth goes inside the industry to learn why it is now dominated by “Made by Taiwan.”
How Quaser turned a money-losing acquisition into a secret weapon
It was a match made in heaven, but it resulted in a massive loss. Taiwan's Quaser Machine Tools acquired Britain's leading aerospace equipment manufacturer, Winbro—only to lose US$22.2 million over the pandemic. How did they come out of the storm?
The screw triggering a battle worth NT$200 billion
The EU carbon tariff will have a significant impact on Taiwan's small and medium-sized enterprises. According to a survey by CommonWealth Magazine, 80% of SMEs feel pressure to reduce carbon emissions, but less than 20% have concrete plans. We visited the sites of the screw industry in southern Taiwan to understand how SMEs are catching up with emission reduction goals.
What should Foxconn do about its money-losing Sakai plant?
Profits shrank drastically for Foxconn during the first quarter. Fingers are being pointed at Sakai Display Products, which was acquired by Hon Hai's subsidiary Sharp last year. SDP used to be the world's leading manufacturer of 10th-generation LCD panels. How has it become an albatross around the electronics giant's neck?
Why did Formosa Plastics build its own desalination facility?
For more than 20 years of operation, Formosa Plastics has had to source its own water. Currently, over 90 percent of the complex's water is recycled. Next year, when the seawater desalination plant comes online, the company will produce its own fresh water for operation.
How a German acquisition helped BizLink boost revenue to an all-time high
During the COVID-19 pandemic, Taiwanese-listed cable connector maker BizLink spent 60 percent of its annual revenue to acquire a German cable and harnessing manufacturer. Yet, in 2022, they managed to post a record-high revenue. What is their expansion strategy?
Taiwan Top 2000: Time to go international
The net overseas investment of Taiwan’s top 2000 enterprises hit a five-year high in 2022 despite falls in revenue for many. What is driving these leading enterprises to carve out new footholds in Europe and the United States?
The ‘hidden champion’ behind Nike and Adidas sneakers
The new CEO at the footwear equipment manufacturer King Steel got his work cut out for him: A ransomware virus shut down their computer system. Instead of backing down, he leaned in and accelerated the company’s digital overhaul.
How an 84-year-old ‘Lumber King’ became pivotal to the TSMC supply chain
Shiny Chemical is one of the few Taiwanese suppliers to become part of TSMC’s advanced manufacturing process. The octogenarian chairman is the nephew of a lumber industry tycoon. He has weathered the decline of an industry and multiple failed attempts to transform his business. In this special interview, he shares stories from the annals of history.
After 25 years, MIT batteries target land, air and sea
McKinsey predicts that, due to the rising demand for electric vehicles and energy storage, the global production of lithium-ion batteries will grow at 30 percent annually over the next eight years. This figure will surpass US$400 billion by 2030. Has the time come for Taiwan battery companies?
From iPhones to Mercedes: How Taiwan’s Kent became top grinder maker
Grinder manufacturer Kent Industrial has a revenue of less than NT$1 billion, but it is the number one producer of surface grinders in the world. Everything from iPhones to Mercedes-Benz autos are made with their grinders. How was Kent able to go from losing money to achieving a profit margin of over 40%?
Taiwan, Apple making India a new iPhone hub
“Made in India” may be finally taking off, with the help of Apple and Taiwan. CommonWealth Magazine visited southern India to see how Apple suppliers Hon Hai, Pegatron and other Taiwanese companies are set to capitalize on India’s rise.
One year into the Russia-Ukraine war, are Taiwanese machine tools being sold to Russia?
As the one-year anniversary of the Russia-Ukraine war approaches, Taiwan’s machine tool industry says: Exports to Russia have stopped. However, Russia’s imports of Taiwanese products have increased over year, exceeding official Customs figures. How is Russia evading restrictions on imports from Taiwan?
How Taiwanese egg rolls are flying off shelves in Costcos across America
Taiwan’s Serena Egg Rolls, which have been popular for nearly half a century, became available in Costcos across the U.S. in 2022. Its unprecedented success overseas has spurred the manufacturer to expand production for the first time in 37 years.
Brain behind first Google Phone builds EVs for Hon Hai
In 2022, Hon Hai bought the Ohio plant of Lordstown Motor, an American EV startup. The manager who has been put in charge of Hon Hai’s first automobile factory in North America first built smartphones with Google. How will he overcome cultural barriers and get things rolling at the U.S. site?
Is Hon Hai's US server gambit a threat to Taiwan?
Hon Hai’s much ballyhooed investment project in southeastern Wisconsin has been the target of ongoing scorn for years. But CommonWealth Magazine found on a visit to the site that it may one day challenge Taiwan’s status as the “server kingdom”.
Foxconn’s ‘Great Escape’: Could it signal an exodus from China?
The “great escape” of workers from Foxconn’s factory complex in China along with Beijing’s doubling down on its zero-COVID policy represents a potential turning point in how foreign companies see their China operations. What does the future hold?
Taiwan’s ‘hidden champions’ battle to level up
Numerous “hidden champion” companies in Germany have been part of a large wave of acquisitions by Chinese companies. German management guru and author Hermann Simon cites four necessary capabilities, spelling out the message that “little giant” Taiwan must level up if it is to have a future.
Why is Asia's 'Tape King' splurging on AI education?
Four Pillars Enterprise is Asia’s leading adhesive tape manufacturer. Labor shortages have alerted it to the fact that its hard-earned know-how may be lost as workers age. Its solution? Invest in artificial intelligence.
How did MediaTek’s Airoha become the earbud champion?
Airoha's TWS chips are used in Bluetooth earbuds made by Sony and Beats. Since its initial public offering, the company's market value has exceeded NT$100 billion. How did MediaTek and Airoha create the world’s number one Bluetooth earbud chips?
Supply chain disruptors worse than viruses: CNFI chairman
The new chairman of Taiwan’s leading industrial association, Matthew F.C. Miau, believes an age of high supply chain costs is inevitable. In this interview with CommonWealth, he explains why and suggests how Taiwanese companies might cope.
How Amia dominated Taiwan’s PCB chemical market
Taiwan’s massive printed circuit board (PCB) industry has come to rely on a small chemical supplier in northern Taiwan for 70 percent of the chemicals it uses to etch its circuits. How has Amia Co. been able to build such a dominant position?
Formosa Plastics: Ready to take on carbon?
The Formosa Plastics Group is the world’s 10th largest petrochemical company, but it also generates more than 50 million metric tons of carbon emissions a year. Can it really reach its goal of carbon neutrality by 2050, and how does it intend to get there?
How do BASF and Covestro make their greenest petrochemical products in Taiwan?
Today, low carbon and recycling have become mainstream global trends. Major German industrial conglomerates such as BASF and Covestro firmly believe that sustainability is key, and Taiwan is playing a critical role.
Moving towards a world without oil, how can Taiwan’s petrochemical industry adapt?
Petrochemical products, which have made their way into all facets of our lives, are about to see epochal change. With governments devising carbon tax schemes and the UN planning to restrict the use of plastics, the petrochemical industry is moving toward a “circular carbon economy”.
Chang Chun turns CO2 into chemicals
British Petroleum once sued Taiwan’s Chang Chun Group for producing a valuable chemical compound. Today, Chang Chun reuses the carbon emissions from its production to synthesize acetic acid. Once derided as a money-losing business, it is now one more reason why Chang Chun is unique in all the world.
How Taiwan’s greenhouse leader found customers in 30 countries
JJ Greenhouse, Taiwan’s greenhouse leader, builds 100,000 m2 of greenhouse space each year, selling to over 30 countries with customers as far away as Argentina and Africa. How have they gone about taking greenhouses to the world stage?
How Taiwan firm Hu Lane utilizes international talents
An Italian executive is paid more than the Taiwanese company’s CEO. Hu Lane Associate Inc., Taiwan’s largest automobile connector maker, has concentrated on markets outside of China. Three years on, it has reported record revenues. How did they do it?
The Taiwan company producing gears for making electric cars and wafers
The Taiwanese electrical equipment company Apex Dynamics, headquartered in central, is a “hidden champion” that manufactures planetary reduction drives, which are used to produce not only semiconductors and electric cars, but even dumplings. This achievement is the result of President Robin Chang’s dissatisfaction with a German competitor two decades ago.
How did Kymco become a strategic ally of Harley-Davidson?
Taiwan’s time-honored scooter brand Kymco has recently bought a US$100 million stake in Harley-Davidson’s electric motorcycle brand LiveWire, which just went public on the New York Stock Exchange through a SPAC.
Cutting-edge luxury bicycle frames from rural Taiwan
A-Pro Tech Co. Ltd. in Taichung’s rural Diajia District is Taiwan’s leading manufacturer of high-end aluminum alloy bicycle frames, counting the world’s leading bicycle brands among its customers. Despite its commercial success, Apro Tech faced an existential crisis ten years ago: In an industry that relies heavily on experienced workmanship, skilled welders were becoming an endangered species. Automation proved to be the only way out.
Leading the race, Delta builds the heart of electric cars
Europe’s top EV companies all buy from Taiwan’s Delta, because it was the first to develop the “four-in-one” heart of the electric car. Delta’s next step will be hardware and software integration, which will prove once and for all that this is more than your run-of-the-mill electronics company.
How ESG investors jolted Foxconn into taking climate action
In recent years, foreign institutional investors have been focusing on the performance of companies in their portfolios in terms of environmental impact, social responsibility, and corporate governance, abbreviated as ESG. These funds do not want to be dragged down by corporate climate sinners. As a result, Taiwanese electronics giant Hon Hai Precision Industry Co. (Foxconn), which used to have poor climate action credentials, recently committed to clear carbon reduction targets. Listed companies and stock investors can no longer ignore the ESG approach.
Far Eastern New Century: Partner in sustainability for top global brands
Nike, Adidas, Lululemon… when these major global brands call out their goals for environmental protection and net zero, they look to Far Eastern New Century. How has such a venerable textiles foundry established such a big name for itself in the Environmental, Social and Governance (ESG) realm?
Meet the men on a mission to save Tatung
Eight months into his tenure, Tatung Chairman Lu Ming-kuang has helped the ailing conglomerate turn a profit. Years of infighting over control of the empire has dragged the century-old brand through the mud. How has Lu managed to pull off a massive transformation that promises to deliver positive results as early as next year?
Hon Hai aims for 10% global EV market share
On the eve of Hon Hai Precision’s annual shareholders’ meeting, the company made major strides in its electric vehicle deployments, marking Hon Hai’s moves into motor systems and batteries, key components making up half of a typical EV’s costs. How would these moves help it transform?
Taiwan’s EV Supply Chain Cranks into High Gear
Taiwan has a relatively complete supply chain for electric vehicle components, and companies such as Tesla rely heavily on Taiwanese suppliers for a majority of their EV parts. Yet the island has not produced a viable EV brand to contend in the global market.
Phasing out nuclear amidst power rationing causes steel prices to soar
Steel prices are soaring around the globe, but Taiwan steel companies are more concerned about the early deactivation of reactor no. 1 in the 2nd Nuclear Power Plant, which will further reduce Taiwan’s electricity generation capacity. Why is the fate of a nuclear reactor linked to steel price?
How Advanced Multitech has achieved growth in hard times
For Advanced International Multitech, a major manufacturer of golf equipment, last year was as exciting as a roller coaster ride.
Are high steel prices on the horizon? China Steel reveals secret to decarbonization
China Steel Corporation releases 14% of Taiwan’s total industrial carbon emissions into the atmosphere. If the steelmaker wants to achieve a net zero carbon emission target by 2050, the time-honored steelmaking process must undergo revolutionary technical changes such as hydrogen-powered processes and repurposing carbon dioxide for utilization in the petrochemical industry.
From cheap paper boxes to customized wood products from Taiwan acacia
Taiwan acacia is traditionally used as firewood, but Taiwan’s king of carton packaging Caho Chen and a team of innovative young people have developed methods to turn this neglected endemic hardwood into pricey bathtubs, customized guitars and novel whiskey barrels. How did they manage to transform this once-cheap commodity into a sought-after luxury material?
Will electric vehicles send Hon Hai’s gross margin over 10%?
The numbers are in: Hon Hai’s annual revenue broke new ground in 2020. However, its net profit margin was the lowest in eight years. Can Hon Hai Chairman Young Liu salvage the gross margin by throwing his weight behind electric vehicles?
Taiwanese meditech company behind half of all cataract surgeries worldwide
Every second cataract surgery around the world uses a delivery system for artificial lens injectors with a coating from Taiwanese medical device manufacturer ICARES Medicus Inc. How can an invisible coating be so crucial for large medical device makers?
Meet the 1000 ‘hidden champions’ behind Taiwan's car-making dream
From hardware providers to software companies, 1000 Taiwanese ‘hidden champions’ have rallied under the banner of electric vehicles. The majority of these companies are new to the automotive field. The way we travel is being revolutionized. What has placed Taiwan at the forefront of this bold new wave?
Why Bosch Set Up its eBike Asia Pacific HQ in Taiwan
Electric bicycles are selling like hotcakes around the globe. So why is Bosch e-Bike Systems, which supplies half of all e-bike motors worldwide, setting up its Asia-Pacific headquarters from China’s Suzhou to Taichung in central Taiwan?
Textile Recycling Finds New Life in Taiwanese Synthetic Fiber Plant
Eighty percent of discarded garments end up in the trash. However, Taiwan can help. Far Eastern New Century’s recycling technology is so groundbreaking that orders from big brands are piling up even though construction on their factory has yet to start. What new trick does Far Eastern New Century have up its sleeves?
How an American Grandchild leads Taiwan’s Oldest Spring Mattress Maker
After an inheritance dispute, leadership of Taiwan’s oldest mattress manufacturer was handed to the American grandson of the company founder. How did this successor turn this 70-year-old mattress brand into the top pick of Taiwan’s leading luxury hotels?
How a Stapler Manufacturer Ended Up Creating Recharging Solutions for Tesla
Changhua's SDI Corporation used to be known for office staplers. How did this 67-year-old company transform from making stationery to becoming a vendor for Tesla?
Boosted by TSMC, Taiwan’s Old Petrochemical Plants Attract Japanese Capital
Japanese chemical giants such as Tokuyama, Shin-Etsu, and Mitsubishi Gas Chemical are investing in Taiwan, even in the old Dashe Petrochemical Industrial Park in Kaohsiung. The reason? Taiwan’s semiconductor foundry business is on the up and up.
Looking for Eco-friendly PET Bottles? Call Taiwan
In January 2020, Shinkong Synthetic Fibers Corporation invested NT$2.4 billion with Japan’s Mitsubishi to expand its capacity. It was the company’s biggest investment in recent years and represented a bet on its innovative eco-friendly materials that can satisfy even the most demanding consumers.
Server Chassis Giant Chenbro Keeps Talent in Taiwan
Rackmount server chassis manufacturers have taken the brunt of the conflict head-on, faced with the prospect of losing all U.S.-based orders unless they have manufacturing facilities outside of China. Originally thinking that relocating to Southeast Asia was the most logical choice, Chenbro Micom CEO Maggi Chen had a change of heart while stuck in traffic in Vietnam.
As the World Shuts Down, is this Time for Taiwan?
A global pandemic has moved Taiwan from the edge to the center. In 1950, when the Korean War ushered in the Cold War, Taiwan became part of the first island chain. In 2020, as COVID-19 ravages the planet, and as China–United States relations continue to deteriorate, people who are seeking refuge from the virus, exiled from their homes, returning to the motherland, or looking for new investments—all congregate in Taiwan. What does history have in store for Taiwan this time?
KYMCO Capital: US-China Rivalry a Golden Opportunity for Taiwan
Venture capital fund KYMCO Capital , backed by Taiwanese motorcycle giant Kwang Yang Motor Co., recently invested US$30 million in the Singaporean ride-hailing company Grab. How did KYMCO woo this one-in-a-million “unicorn company”?
Taiwan’s Tesla Boom, and Looking for More
Taiwan’s “God of Management” Wang Yung-ching failed at building a car business, but his failure laid the groundwork for the country’s successful Tesla supply chain. What are Taiwan’s advantages in the electric vehicle age and how far can it go?
Gogoro’s EV Dream Facing Major Headwinds
Taiwanese electric scooter powerhouse Gogoro has talked of overseas expansion for years, but those plans have been put on hold. As it looks to deepen its presence in Taiwan, what other obstacles is it facing and how serious are they?
Retaliatory Consumption is Here! As Lockdowns Ease, This MIT Product is Spinning Away
Bikes are so in demand since COVID-19 lockdowns were instituted across North America and Europe that they are out of stock at shops, with lines forming even before stores open, and governments not only encouraging cycling, but offering stipends towards bike purchases. And the stock prices of Taiwan’s two major bike manufacturing brands have more than doubled over the past two months. What can we make of this steep drop and rebound?
TSMC Fab in US Part of Second Wave of the Trade War: Industry Insiders
In a stunning departure from its customary cautious approach, Taiwan Semiconductor (TSMC) hurriedly issued an announcement confirming its intention to establish a wafer manufacturing facility in the United States. The U.S. Commerce Department quickly followed the announcement with a new rule aimed at hurting Huawei. Does this series of moves herald a coming second wave in the U.S.-China trade war?
Why Is This Fish Sought After By Global Fast Food Giants?
The majority of the residents of Yunlin County’s Kouhu Township make a living in the aquaculture industry. Established 24 years ago, the Kouhu Fisheries Cooperative Association, having weathered the storms of cutthroat export price wars, now faces the challenges of climate change. How are they coping with this new difficulty, and why have some of the world’s biggest fast food chains approached them about working together?
How to Sell to Tesla? 40-year-old Company Sells to 60 Countries by Investing in SEO
How does a SME (small- or medium-sized enterprise) with more than forty years of history compete in the volatile global economy?
Coronavirus to Take Bite out of GDP - Can Taiwanese Companies Cope?
Optimism for 2020 has been seriously dampened by the arrival of the novel coronavirus epidemic. CommonWealth reporters talked to top Taiwanese businesses to find out how it will affect Taiwan’s economy and how they are responding.
Forgotten Display Market Leader ViewSonic Stages a Comeback
At one time, ViewSonic, whose logo features three colorful Gouldian finches, was the world’s largest display brand. Today, this long forgotten former pride of Taiwan is staging a comeback on the back of the digital classroom trend, quickly rising to the world’s No. 3 in the digital classroom sector with smart interactive flat panel displays. How did ViewSonic founder James Chu pull this off?
With Discount Carriers on the Rise, Taiwan’s Aviation Industry Gets a Boost
What kind of talent will Taiwan need in the next five to ten years? There are many possible answers, but professionals who know how to fix or build aircrafts will certainly be near the top of the list.
Formosa Plastics’s Circular Economy Legacy: Turning Decay into Magic
At the end of November 2019, a road race was held at the old Formosa Chemicals & Fibre Corp. complex in Changhua, signaling the end of an industrial era. The complex’s main factory, which had been around for more than half a century was Formosa Plastics Group founder’s Wang Yung-ching tribute to the circular economy. But the production line has been shut down, and how this 70-hectare plot of land is used in the future could have a profound effect on Changhua residents. Here is the story of where that land has been and where it may be headed.
Over 10K Shared e-Scooters: Why Is Japan Seeking Knowhow from Taiwan?
WeMo and GoShare, the twin pillars of Taiwan’s shared electric scooter service industry, have both announced plans to expand their scope of operations, bringing the number of vehicles placed around Taiwan to over 10,000. Despite getting a head start on shared e-scooter development, all of Europe combined has not yet been able to match Taiwan’s volume of shared vehicles. And this year has seen overseas vendors flocking to Taiwan to glean knowhow and discuss collaborative ventures. What is the key to all of these developments?
The ‘Local King’ in the New Southbound Policy Arena
The Taiwanese electronics contract manufacturer Kinpo is being flooded with orders from large international clients, including a high-end British household appliances brand. What made CEO Simon Shen see this opportunity before anyone else?
Leaving Samsung Behind with High Yield Rate
“Many people went to Samsung recently looking for an alternative, but TSMC was not worried.”
Taiwan’s Dominant Corporate Force: TSMC’s Five Keys to Success
There had been concerns that TSMC could fall behind its closest rivals after founder Morris Chang retired in 2018. But that has not happened, and CommonWealth looks at the reasons why.
The New ‘In’ Spot for the World’s Makers
In 2013, designer Gina Hsu launched the “Black Village” project in Sanchong to bring the struggling fabrication shops in the area together and give them a new voice. What motivated her to save these small producers and has the response justified the effort?
Morris Chang: Unstable World Makes TSMC Vitally Important in Geostrategic Terms
“As the world is no longer peaceful, TSMC is gaining vital importance in geostrategic terms,” predicts Morris Chang, former chairman and CEO of the world’s largest semiconductor foundry Taiwan Semiconductor Manufacturing Company (TSMC).
Made-in-Taiwan Lace Worn by Kate Middleton at Her Wedding
Deep within Neihu District, Wedtex Industrial Corp. has been hard at work transforming itself from a textile factory into the lace king of the world.
He’s Turning Taiwan’s Used Fast Food Restaurant Oil Into Biodiesel
Like turning garbage into gold, the discarded oil from fried chicken stands and fast-food restaurants around Taiwan is made into the raw materials for soap and cleaners, and especially biodiesel that Europeans are flocking to purchase. The mysterious force behind these phenomena is Mr. Lee Yi-fa, the 82 year-old CEO of Chant Oil. What changes in outlook and philosophy have multiple pivots in his career in business reflected? And why does biodiesel, which has failed to raise any interest in Taiwan, have Europeans lining up to purchase it?
The Mystery Woman of Taiwan’s Paper Industry
The enigmatic chairperson of Cheng Loong Corp., Suanne Cheng, explains in this rare interview how the paper company is dealing with volatility in the sector, including its approach to China, and what she sees for the company’s future.
How Can the World’s Biggest Luxury Bag Maker Win the Trade War?
Canvas Longchamp bags, Nike workout gear, and Tumi luggage are all produced by him. Working his way up from sales, global bag industry magnate Hung Yung-yu has forged a multinational conglomerate with annual revenue north of US$20 billion. How did he employ the ‘invincible cockroach” spirit to part the dark clouds of the trade war and lead his company out of debt into profitability, and even set new records in revenue profitability?
Why The Machine Age Still Needs Humans
For the majority of factory jobs, humans still perform best.
Electronics Contractors Benefit from Not Abandoning Taiwan amid The U.S.-China Trade War
Taiwanese companies manufacturing in China have felt the burden of punitive tariffs the United States has put on Chinese imports, but with more tariffs on the way, CommonWealth has found that some electronics contractors are well-positioned to ride out the storm.
Made-in-Taiwan Umbrellas Shield British Royals and Celebrities from Around the World
Far away, across two oceans, these umbrellas shield British royals, American presidents and Hollywood celebrities from pouring rain and gusty winds. Unless you were told, you might not guess that these highly visible accessories are made by an obscure small brand manufacturer in central Taiwan: Jiayun Umbrella Company Ltd.
Taiwanese Exports Sluggish in 1st Half of 2019, Some Exports to US Bucking the Trend, Doubling in Volume
Analyzing Taiwan’s exports statistics for the first half of 2019, CommonWealth Magazine discovered that exports by value began to decline month by month since late 2018. Yet for certain products – computers, computer parts and handsets – exports to the United States bucked the downward trend.
Chinese Server Maker Inspur Quietly Takes Refuge in Taiwan
China’s leading server manufacturer Inspur has quietly installed a large team in Taiwan. More than 200 employees have meanwhile moved into the tallest office tower in New Taipei City’s Banqiao District, and the company keeps recruiting more staff. What is Inspur up to? Why have they camped out in Taiwan? Is there a link to the ongoing U.S.-China trade war?
Made in Taiwan, Straight to the United States
Just how extensive has the impact of the US-China trade war, now in its second year, been on Taiwan’s economy and industry? In the deep of the night at Taoyuan International Airport, CommonWealth takes you to witness a high-growth, high-tech, high-added value industry with annual production value over NT$100 billion in the midst of a rapid ascension.
Made-in-Taiwan Biodegradable Plastic, Delivering Big for Starbucks and Apple
Taiwan began banning plastic straws in July, but Starbucks in the United States was already shipping in biodegradable plastic straws from Taichung last year. Why have Starbucks, Apple and Formosa Plastics all gravitated to this under-the-radar Taichung supplier?
The queen of the world’s largest contract footwear manufacturer
The Pou Chen Group, Taiwan’s leading footwear contract manufacturer, marks its 50th anniversary this year. Tsai Pei-chun, a daughter of group founder Tsai Chi-jui, has been leading the family enterprise as chief executive officer for the past seven years, spearheading its shift to a younger, more professional management.
Turning Ocean Waste into Footwear - Taiwan Makes it Possible
Every year, up to nine million tons of plastic waste ends up in the oceans, where it endangers marine life. However, a new green technology makes it possible to turn trash recovered from the sea into footwear material for another product life cycle. The secret behind this upcycling can be found in Taoyuan City’s Guanyin District.
Taiwan’s Golf Gear Manufacturers Bounce Back as Tiger Woods Returns to Glory
Taiwan’s top four golf club manufacturers all experienced a surge in business volume and the highest stock prices in some time following Tiger Woods’ victory.
Local Microfactories - Lower Costs, Higher Efficiency
Not only is it getting harder to find labor in low-cost regions to build products, the growing impact in terms of local jobs, the environment and delays in product distribution around the world is becoming even more serious. In tandem, consumer demand for local, personalized products is a trend that’s been steadily growing.
Trade War Brings Orders for 300 Million Pairs of Socks to A Small Township in Taiwan
As the trade war intensifies, the latest list of affected products, valued at US$300 billion, largely consists of everyday items, sending panic across the global supply chain. Amid the panic, the small Changhua County township of Shetou, a major producer of guava fruit, could actually reap the dividends of gaining redirected orders.
Exclusive Interview: Terry Gou Moving Hon Hai Production Lines from Shenzhen to Kaohsiung
Against the backdrop of rising punitive tariffs on electronics made in China, can Taiwan look forward to becoming a manufacturing hub for high-end Foxconn network communication equipment and servers?
Apple’s Souring - How’s Manufacturing Transitioning in the Post-Smartphone Era?
Worldwide mobile handset shipments have declined for the fifth straight quarter. And the net after-tax profits of Hon Hai Precision Co., the leading “Apple concept stock,” have declined two years in a row. With the arrival of the post-mobile phone era looming, who will be able to seize the next wave of growth and a new direction for profitability?
What Happens to Hon Hai if Terry Gou Runs for President?
On April 17, Hon Hai Group chairman Terry Gou dropped a bombshell, announcing his intention to run for president. Once Chairman Gou becomes candidate Gou, he is sure to distance himself from Hon Hai to some degree. But can Hon Hai really afford to let Terry Gou “walk away” in its current state? And who else can take the helm of the Hon Hai empire?
On Microsoft's Attack against Hon Hai (Foxconn)
Microsoft has filed suit against the Hon Hai Group in a move that may be related to the U.S.-China trade war and the company’s battles with Google and Huawei. What is at the core of the dispute, and why has Hon Hai Chairman Terry Gou reacted so angrily?
Anti-Huawei Campaigns, Chance or Crisis?
U.S. President Donald Trump’s moves against Chinese tech titan Huawei Technologies Co. Ltd. might create business opportunities for home-grown Chinese brands, which may result in Huawei outshining Apple. Which Taiwanese suppliers stand to benefit if Huawei’s supply chain becomes larger than Apple’s? What are the possible drawbacks of manufacturing for Huawei?
What Makes This Glass Recycling Plant Special?
Says design guru Aaron Nieh (聶永真), “An important reason why Spring Pool is more than a traditional industry, but also a famous contemporary brand, is because it melds environmental protection with craftsmanship and positions itself as a sustainable industry that will survive far into the future.”
How Taiwan’s Small-town Factories Keep Making the World’s Money
Taiwan may be known as a high-tech haven, but clusters of small, unsung factories hidden in small towns around the country remain important sources of export revenue. How have they survived in an age of globalization and fierce competition?
Uncovering TSMC’s Two Special Weapons
TSMC has revealed its smart manufacturing weapons for the first time. In an exclusive interview with CommonWealth, a top TSMC executive explains how the semiconductor powerhouse has used AI and machine learning to make chips faster than anybody else and achieve consistency across its 13 fabs.
Challenges and Opportunities of Manufacturing in Vietnam
As entrepreneurs weigh their options for relocating production lines and local supply chains, Vietnam seems quite attractive. “In the eyes of many entrepreneurs the trade war has turned Vietnam into the new China.”
CO2 Can Be a Valuable Raw Material. Here’s How
What if we did something with carbon emissions, instead of continuing to try and contain them on a massive scale?
Behind the Rise of the Gaius EV
Taichung-based Gaius Automotive and its unusual electric vehicle have yet to gain recognition in Taiwan, but they have stolen the spotlight at trade shows in France and Germany. Why has the company been a hit in Europe and where is it headed?
People, Not Technology, Shape the Future of Manufacturing
It's how people choose to use new technologies that will decide how the production jobs of the future evolve.
Real Madrid’s New Football Shirt Is Garbage - in a Good Way
The billion-dollar football business has been going green. Top European football clubs like Real Madrid, Bayern Munich and Juventus are sporting greener with jersey threads made from recycled plastic bottles.
Phasing out Nuclear Power?
In the year since a massive blackout was caused by power generators going down last August 15, Minister of Economic Affairs Shen Jong-chin has been in the hot seat on nearly a weekly basis, addressing concerns about Taiwan’s energy transition. In spite of the host of challenges at hand, he is confident that policy objectives will be met.
Taiwanese and Local Textile Mills ‘Make Stone Soup’ Together in Forest City, North Carolina
Taiwan’s textile and apparel industry is taking advantage of new opportunities, since manufacturing in the United States cuts down on costly shipping time, smaller brands gain in popularity, and the global division of labor is reshuffled yet again.
Taiwanese Textile Industry’s New Paradise
Ethiopia enjoys duty-free exports to the U.S. and Europe, and as the global division of labor is redrawn, the East African nation with a population exceeding 100 million is a new land of opportunity for the Taiwanese textile and apparel industry.
Taiwanese Textile Industry's New Chance: Ethiopian Farmers + U.S. Machines
Though worlds apart, Ethiopia and the United States are suddenly proven attractive to Asian producers for different reasons. This shift in the global division of labor is opening new opportunities for Taiwan’s textile and garment makers.
Serving Clients Like Starbucks and Nike, Arthur Huang Makes Recycling Popular
He has turned rice husks into clothing, and kitchen waste into business cards. From furniture at European Starbucks stores to a mobile upcycling unit on the Tibetan Plateau, he is all about exploiting the capitalist production system to make recycling sexy.
From Uniforms to Shoes, Taiwan Is a Major World Cup Player
The World Cup is not just a soccer tournament, but also a technology competition. Why are the UK team’s jerseys made with looms used to knit socks? The official game balls have surface patterns that look like bug bites, and are embedded with NFC chips. Athletic shoes must be soft and pliable, but soccer cleats must be stiff, not to mention made from custom lasts. And the technology behind all this can be credited to Taiwan.
3 Key Skill Sets Workers Will Need to Learn by 2030
The age of automation will bring about a fundamental shift in the skills required for people to enter the workforce.
4 Mega-trends You Should Know about the Future of Work
We are used to the erosion of low paid jobs.Yet new forms of technology and automation are also making more highly qualified professionals obsolete. What are the “mega-trends” in our evolving job market?
TSMC’s Unsung Weapon
Glitzy high-tech advances often capture the spotlight in the semiconductor industry. But it has been somewhat unsung back-end innovations that have helped TSMC leave its two biggest rivals lagging behind.
These Countries have the Greatest Density of Robot Workers
The usage of robot workers continues to rise. According to a report from International Federation of Robotics, South Korea has the highest density of automation in the world. On the other hand, Taiwan ranked 4th among the Asian countries.
Taiwan’s Unheralded Tech ‘Unicorn’
Platinum Optics Technology is not publicly listed and avoids attention, but it has penetrated Apple’s supply chain by mastering a niche technology. The company’s founder recently gave us a rare glimpse into how this optics upstart was built.
Kymco Announces New Battery System for E-scooters
At the just-concluded Tokyo Motorcycle Show, Taiwan’s largest conventional scooter maker Kwang Yang Motor Co. Ltd (Kymco) premiered its new battery technology eco-system, called Ionex. With what it calls its “game-changing” new system, Kymco hopes to sell e-scooters made in Taiwan around the globe.
Why Disrupting Business Models is Innovative But Insufficient
We hear the word “innovation” all the time. It has become such a buzzword that we forget what it means. For some people, innovation means building the next Facebook. For others, it’s a new way to cook an omelette. For the purposes of this article, let’s break innovation down into two general categories:
Advantech Launches Counter Attack from Europe
Ennoconn Corporation, a member of the Hon Hai/ Foxconn Technology Group, is steadily closing in on Taiwanese industrial computer manufacturer Advantech Co. Ltd., threatening to replace it as the global No. 1. How does Advantech plan to win this battle?
Taiwanese Company Takes On American Market
How can a player in Taiwan’s conventional paint industry establish a foot in the U.S. market? Using its unique competitive advantages, Kaohsiung-based Yung Chi Paint and Varnish is taking a three-phase approach of acquisition, expansion and localization.
The Eagle Has Taken Off
Foxconn Technology Group Chairman Terry Gou is pressing forward with the first 10.5-generation flat panel display plant to be built on American soil. Considering the challenges, does the gambit make strategic sense?
Is a Delisting Wave Imminent in Taiwan?
In late January, Hon Hai Precision Industry Co. Ltd. (also known as Foxconn Technology Group) convened its first-ever extraordinary general shareholders’ meeting since listing on the Taiwan Stock Exchange in 1991, approving the IPO of a Hon Hai subsidiary in China. With its decision, Taiwan’s largest manufacturer sounded the alarm for the currently high-flying Taiwan Stock Exchange (TAIEX).
Sweeping in a New MIT Trend
Most consumer electronics manufacturing has moved out of Taiwan. But Hobot Technology Inc. founder George Chao may be reversing the trend with innovative, award-winning robot cleaning devices that are being made at home.
Ready for a Clean Break with TSMC
TSMC’s 86-year-old Chairman Morris Chang is vowing to make a clean break with TSMC after he retires in June. CommonWealth Magazine caught up with him to see how he feels about the company he’s built and how he thinks it will fare without him.
These Countries are Best Prepared for the Future of Production
The rising tide of the Fourth Industrial Revolution (4IR) is altering the entire landscape of production. Old types of business models, techniques and workers will be fundamentally challenged. How are different countries in the world responding to this drastic transformation?
Does ASEAN Still Have a Future in Manufacturing?
The coming disruption of Industry 4.0, which aims to bring manufacturing back to the developed countries with technological integration, will be one of the key issues for the ASEAN region in the next five decades. How can ASEAN manage the potential impact of the Fourth Industrial Revolution?
How Machines Will Not Replace Human Workers
It's reasonable to be alert that AI and automation can eliminate jobs. However, it's also irrational not to look into the benefits and higher productivity brought along with human-machine collaboration. At certain point we will have to ask the question: Do machines necessarily have to compete with humans?
Who Treats Workers Better?
Labor groups in Taiwan have been up in arms recently over the government’s labor policy. And there’s good reason for that, argues professor Hong-zen Wang, who says that workers in Taiwan have even fewer rights than those in less-developed Vietnam.
India and China Together can Lead the Fourth Industrial Revolution. Here’s How
India and China together created approximately 13.5 million jobs last year. The benefit generated by the collaboration of the two countries will surely be significant, but is it possible to achieve?
The ‘Hidden Costs’ of ‘Hidden Champions’
Labor groups have long blamed Taiwan’s low wages and long working hours on exploitative employers. But in this Op-ed piece, Universal Cement Corporation Vice President Jack Hou offers a more expansive view of what the real problems are.
A Major Risk of Automation
Automation can serve the purpose of reducing the workload for overwork employees, making our lives more efficient. However, there's an unexpected risk hovering over efficiency: boredom.
A Turning Point for Globalization
Globalization has reformed the world's production landscape, however, recent studies show that international trade is slowing down. What does this mean to the future of globalization?
Liang Mong-song Jumps Ship Again
Former TSMC R&D executive Liang Mong-song, dubbed the biggest traitor in Taiwan’s semiconductor industry for leaking trade secrets to South Korean rival Samsung, has jumped ship again, this time taking the post of co-chief executive with China’s SMIC.
Your Smartphone Could Be Hiding a Dark Secret
Unsafe working conditions, forced labour and toxic fumes: the hidden costs built into your smartphone.
Resolving TSMC’s Succession Dilemma
The face of TSMC for 30 years, Chairman Morris Chang, announced on Oct. 2 that he will be retiring in June 2018, and he laid out a succession plan involving “dual leadership.” Can this new model really replace the semiconductor legend?
Apple’s ‘Face ID’ Made in Taiwan
A main highlight of Apple’s much-hyped iPhone X is its facial recognition function (Face ID). After six months of digging, CommonWealth Magazine has confirmed that Taiwan’s Himax and TSMC are the main suppliers backing this critical technology.
Terry Gou’s American Dream
Foxconn’s plan to build an LCD flat panel factory in the U.S. still has to be approved by the Wisconsin State Senate. If it does go forward, what does Foxconn boss Terry Gou really want from it, and why is he seen by South Korea as its biggest threat?
Can Taiwan Power TSMC’s Dream?
TSMC alone has accounted for about a third of the increase in Taiwan’s power usage over the past five years, and a new technology is about to drive its electricity needs even higher. Can power-strapped Taiwan accommodate this semiconductor giant.
‘Invisible Champion’ Model Taiwan’s Way Out
Small- and medium-sized enterprises have been instrumental in making Taiwan a key link in the global manufacturing network. These invisible champions developed an industry model unique to Taiwan, making their products indispensable.
Unveiling TSMC’s Secret Weapon
Recognized as one of Taiwan’s leading practitioners of Industry 4.0, TSMC has been able to maintain its pricing power in an age of plummeting component prices. What has been its secret weapon in achieving that?
Elevating the Internet of Things
Three Cloud-based platforms keep 300,000 elevators across the globe in line. The incorporation of augmented reality places virtual over actual reality, streamlining workflow. With the Silicon Valley innovation engine powering the way, American Industry 4.0 is quietly accelerating into the passing lane.
Self Study, the Trend to Watch
The stories of three multitalented people engaged in lifetime learning and leveling up their skills runs contrary to the conventional university education and on-the-job vocational training.
The Age of ‘Octopus Talents’ Is Here
As the late management guru Peter Drucker once said, the tools we rely on for survival today could get in the way of growth tomorrow. Constantly enhancing one’s skills and taking on all kinds of roles, “hybrid talents” are the new stars of the workplace.
Boosting Profitability with Pre-sales Services
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.
The Making of an Optical Lens Legend
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?
Embracing the Future with the Internet of Cars
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.
Can NT$4B Buy a Comeback?
Its days as Taiwan’s automobile sales leader long past, Ford Lio Ho is now investing NT$4 billion in manufacturing upgrades. Can these efforts bring back the glory days?
Machinery Industry Takes Aim at Trillion-Dollar Goal
For the past nine years, Taiwan’s machinery industry has tried to break the trillion- dollar mark in terms of annual output, but so far this challenge has proven insurmountable. This year might be different. Why?
The Future Determines the Present
Giant Manufacturing founder and chairman King Liu has been instrumental in leading the global cycling lifestyle trend. Liu believes that if you want to win you have to anticipate trends before others, and never let the present affect your thinking about the future.
Taiwan’s Champions of Transformation
New technologies, increasing connectivity and industry convergence are rewriting the way companies do business. How do Taiwanese industry bellwethers such as TSMC, Hon Hai and President Chain Store innovate to remain relevant for decades to come?
Taiwanese Makers Struggle as Chinese Tastes Move Upscale
As Chinese consumers develop a taste for the better life, Taiwanese manufacturers, who used to dominate China’s domestic market, are now being forced to transform themselves.
Bust Cycle the New Normal in Post-Apple Era
While conventional industries struggle to transform themselves, emerging industries face great uncertainty. Despite a short-lived recovery, the manufacturing industry registered a 3.4 percent decline in revenue growth in 2015. However, a select few have been able to disperse the clouds in favor of sunny skies.
In Hot Pursuit of Japanese Treasure
Hon Hai Precision Industry, the world’s biggest contract electronics manufacturer, is close to acquiring Sharp of Japan. What is behind Hon Hai’s willingness to risk it all financially to take over the venerated but money-losing Japanese electronics giant?
Turning Drivers into App Users
The convergence of communication technology, big data, and Cloud services with automobiles will totally reshape our "mobile" lives. Who will rule in the new era? And what role will Taiwan play?
Decoding Beijing's Intentions
The entire world is engaged in a battle for innovation and transformation supremacy. Qu Daokui, one of China's foremost robotics experts, tells CommonWealth how China will go from the world's manufacturer to a manufacturing superpower.
China's New Economy Companies Win Big
In this year's Greater China Top 1000 Survey, new names have taken the top spots in growth, EPS and profits, and China's new economy upstarts have dislodged the old guard.
Profits High Due to Apple and Oil
Taiwan's high-tech manufacturers benefitted from the success of Apple's iPhone 6 in 2014, while the 50% drop in oil prices was a boon to conventional industries.
Making Key Decisions to Success
The world's number one name in switching power supplies has enabled Delta Electronics to yield stable profits. Yet the company has another ace in the hole: industrial automation.
Getting Stronger by Getting Leaner
While rival Acer was busy acquiring companies abroad to boost market share, Asustek Computer Inc. was slimming down. It pared down its 11 business groups to just three, helping it become one of the world's top five computer brands.
You Are Your Own Greatest Enemy
When it comes to "destruction" Hon Hai has no match. The company attacked the supply chain with low prices and forced the world's top brands to cry uncle and place orders. It is now up to CEO Terry Gou to guide Hon Hai to its next breakthrough.
Driven to the Top by Ambition
Taiwan Semiconductor Manufacturing Company (TSMC) has used an ideal blend of technology, strategy, management and corporate governance to be a global player in the semiconductor market. Chairman Morris Chang explains how this was done.
Greater China's Top Tire Empire Sets a New Course
This past June, after honing his skills quietly for over two decades, Lo Tsai-jen took over the operation of the Cheng Shin Tire empire. In the driver's seat steering the group's efforts toward internationalization, he is about to put himself to the test as CEO.
Identifying Trends, Seizing Niches
In 2013, Taiwanese manufacturers saw their sales fall but their profits rise. Was that a warning or good news? What are the secrets to coping with mounting external challenges?
Dynamism Gets the Edge on Size
CommonWealth Magazine's 2014 survey of Taiwan's top 2,000 enterprises revealed a clear trend: instead of trying to get bigger, companies are now determined to get better.
Niche Markets, Little Giants
Taiwan's top-performing enterprises of 2013 came from a wide spectrum of industries. What sets these hidden champions apart from the pack is unique key technologies and niche dominance.
Innovators under Pressure
In 2013 new champions emerged in more industries than ever before. With ambition, courage, tenacity and innovation, Taiwan's new standard bearers deftly navigated rocky economic waters to sail ahead of the pack.
Turning Country Kids into Chemistry Whizzes
BASF Taiwan Ltd. earned honors as one of Taiwan's leading corporate citizens this year with the help of a corporate social responsibility approach that gives ordinary workers a real voice.
Taiwan's Top 50 Performers
Several relatively obscure companies serving Taiwan's domestic consumers defied the economic malaise of 2012 to join high-tech enterprises among the year's top performers.
Riding Technology, Flexibility to Success
In 2012 Taiwan's manufacturing sector saw revenues and profits fall, but some companies are fighting back and reversing the tide with technology and innovation.
The Best Is Yet to Come
In this exclusive interview, the venerable leader of Taiwan's semiconductor industry ponders his current battle for market share, and the passion that's needed for victory.
Winners in a Downturn
The new standard bearers of Taiwanese business are those able to show imagination and dexterity, and provide customers with innovative new value.
Focus amid Volatility
Growth in Taiwan's manufacturing industry has slowed, but some companies still boast revenues worth one fifth of GDP. With the law of the jungle ruling the market, how do they manage to join the ranks of the fittest?
Balancing Vision with Precision
Motion control specialist Hiwin Technologies is Taiwan's hottest manufacturer. Here's a look at how chairman Eric Y.T. Chuo has built a "Made in Taiwan" innovation and R&D legend.
Hon Hai: Sharp's New Pass to the World
Long the standard-bearer of the global LCD panel industry, Sharp has fallen on hard times. But it has been given new access to the global supply chain by teaming up with the Taiwan-based Hon Hai Group.
Morris Chang's Last Hurrah
In this exclusive interview, the chairman and CEO of semiconductor powerhouse TSMC outlines his final strategic move: a triumvirate of co-COOs to undertake a smooth leadership transition.
The Rise of the Brothers Wei
From humble beginnings in Jhanghua, four brothers are forging an empire on the appetites of Chinese consumers. They are showing the world how a fine-tuned machine really works.
Taiwan's Most Admired Entrepreneurs
Restaurateur Steve Day moves into the top ten for the first time. The list of most admired entrepreneurs is dominated by CEOs of Taiwanese brands, clearly demonstrating the ascent of Taiwan's branded businesses.
High Profits, Wild Growth
Taiwan's manufacturing sector had combined sales of NT$24 trillion in 2010 and net profits rose 78 percent. How did it deliver such scintillating results?
The Age of Value Marketing Has Arrived
The sales and profits of Taiwan's top 1,000 companies hit three-year highs in 2010. The secret to their success? Winning customers' hearts in an age when consumers are pricklier than ever.
Optimism on the Upswing
Riding an unexpectedly strong 2010, 88 percent of Taiwan's top execs are highly optimistic over the coming year's economic prospects. But three sources of uncertainty could mean trouble.
Beating the Heat with Cool Textiles
Using a groundbreaking new cooling fabric, an international undergarment brand has unveiled a new collection that's completely Made in Taiwan – from materials to R&D to production to international marketing.
Undercover Guardian Angel of Tainan Culture
Adopting public parks, conducting ecological surveys, revitalizing historical sites, caring for the elderly – one company plays a leading role in safeguarding Tainan's heritage. What are its motivations?
The Social Responsibility Race Heats Up
In CommonWealth Magazine's annual survey of Taiwan's top corporate citizens, Delta Electronics edged TSMC by the slimmest of margins for the top spot, an indication of just how fierce a battleground corporate social responsibility has become.
Public Service Meets Profit
With record net after-tax profits last year, Delta Electronics is living proof that public service and concern for the environment are not antithetical to running a profitable business.
Knowledge Base Empowers People
With its unique Knowledge Management framework, the engineering firm CTCI provides its personnel with an arsenal of expert advice. What is the secret of this low-profile but high-power knowledge base?
Disruptive Innovation – How Taiwan Can Win
The Harvard business scholar who pioneered the concept of disruptive innovation considers the future of change in the global economy, and the opportunities that may lie in store.
Going Local, Giving Detroit a Drubbing
Last year as leading Japanese automaker Toyota plunged into crisis, South Korea's Hyundai swiftly seized the day, surging to fourth place in global rankings. This incredible "Hyundai speed" has since become the model to emulate.
The New Code for Success in China
China's breakneck pace of growth is hiding serious deficiencies that provide opportunities to Taiwan's companies. What is the code that will unlock this potential bonanza?
Thriving through Flexibility
The global financial crisis claimed plenty of casualties in Taiwan, but its top enterprises brandished one critical asset that helped many of them thrive: flexibility.
2010 Top 1000 Manufacturers
The global financial crisis claimed plenty of casualties in Taiwan, but its top enterprises brandished one critical asset that helped many of them thrive: flexibility.
ACS: Making Factories Smarter
Its business is hard to describe, but many petrochemical, steel and technology companies can't do without it. Advanced Control & Systems has a lock on large-scale factory upgrades, spinning a fortune out of intelligent plant service integration.