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.
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?
The CommonWealth Magazine Top 2000 Survey has tracked the evolution of Taiwan’s industrial history over the past 30 years, often identifying paradigm shifts in business trends before they were obvious. Here’s a look back and forward.
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.
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?
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.
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.
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.
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.
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.
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?
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.
Taiwan's top-level talent is being seduced away by high pay offers, forcing the country's most admired companies to use emotional appeals to hold on to their prized executives. Is the strategy working?
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.
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.
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?
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.
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.
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.
With the rise of hot money and shrewd corporate financing, Taiwan's no-frills growth model has given way to a new expansionary game of acquisition. What capabilities will companies need in order to wage battle in this new environment?
Taiwan's tech sector has recently been roiled with strife. Terry Gou and Barry Lam, Bob Tsao and K.Y. Lee... sworn partners have become completely estranged. Behind the discord lies a high-tech mid-life crisis.
With a components industry specializing in electrical machinery, Taiwan stands poised for a leading position at the heart of the rising electric vehicle industry. The next step will be independent brands and entry into new markets.
Epistar, Taiwan's largest manufacturer of light-emitting diodes (LEDs), has seen its share price rise far above its peers. Now it is boldly entering the advanced stage of competition, with its sights set on spearheading industry transition.
The Taiwanese companies with the most stellar business results are those able to grasp what consumers need, and they come from sectors as diverse as renewable energy, conventional industry, and the growing stay-at-home economy.
The Hon Hai Group was Taiwan's biggest manufacturer in 2008, but revenue growth sagged and opportunities were missed. After toying with retirement, Chairman Terry Gou is back, hoping to restore his company's aura of invincibility.
Dupont and Applied Materials have both made tangible moves suggesting considerable optimism over the prospects for solar energy development in Taiwan. With their support, the next trillion-Taiwan-dollar industry may have already been born.
In 2007 Taiwanese manufacturing rocketed with record revenues and profits, but plummeted in the final quarter, hit by the U.S. mortgage crisis and global inflation. How will it steel itself against a continuing string of challenges?
Although Taiwan's most influential entrepreneur Wang Yung-ching has passed away, he left behind a thriving petrochemical empire that will long outlive him. CommonWealth Magazine looks at his group's winning strategies.
Since the completion of Naphtha Cracker No. 6, FCFC's petrochemical business has skyrocketed, with operating revenue this year ten times the figure for 1991. Who is behind this astounding metamorphosis?
With solar energy becoming virtually the hottest money technology in China, which Taiwanese players are entering the fray in the battle to harness the sun? And which has what it takes to weather the storm?
Despite lackluster returns, Tong Yang is determinedly pouring its resources into new factories in China, with a single goal in mind: rising to the status of Tier 1 supplier for the world’s top carmakers.
Big-league industrialist turned would-be movie mogul, Terry Gou has changed. From computers and electronics, he is moving into content, and the sprawling dominion he has established in China is the key to his ascent.