Industry

Taiwan’s Drug Sector Concerned About Impact of U.S. Tariff Plan

Taipei: U.S. President Donald Trump’s plan to impose tariffs on imported semiconductors and pharmaceuticals has raised concerns in Taiwan’s drug sector, industry insiders said on Saturday. Chen Wei-jen, founding chairman of the Taiwan Functional Food …

Taiwanese Manufacturers Face Turbulence Amid New U.S. Tariffs

Taipei: Taiwanese textile and furniture companies with significant production bases in Southeast Asia are expressing concerns about navigating the risks posed by the latest round of tariffs imposed by the United States.

According to Focus Taiwan, Ecl…

Strong AI Demand Boosts Taiwan Manufacturing Sector in February

Taipei: Taiwan’s economy remained warm in February as strong demand for artificial intelligence (AI) chips bolstered its manufacturing sector, the National Development Council (NDC) said on Thursday.

According to Focus Taiwan, the NDC’s monthly da…

Ministry Releases First White Paper on Taiwan Startups

Taipei: The Ministry of Economic Affairs on Thursday released Taiwan’s first white paper on the country’s startup environment and ecosystem. In a statement, the ministry detailed that as of Dec. 31, 2024, 9,576 Taiwanese companies were listed on FINDI…

Taiwan Government to Analyze U.S. Auto Tariffs Impact

Taipei: Taiwan’s government is still clarifying the exact details of planned U.S. auto tariffs, but will assist affected industries if necessary, Finance Minister Chuang Tsui-yun said Thursday. During a meeting of the Legislature’s Finance Committee, …