Following a meteoric rise up the global rankings, Taiwan is now classified as a high-income economy by the World Bank and ranked as the 3rd best destination for investment worldwide and 1st in Asia in the 2022 Business Environment Risk Intelligence (BERI) report. Taiwan's competitive edge stems from a winning combination of geographical and industry strengths, with the island's pivotal location in the Indo-Pacific and as a hub for international trade - Taiwan's surrounding waters are home to one of the world's busiest shipping lanes - indicative of its importance in global supply chains. According to the Ministry of Economic Affairs, Taiwan became the world's sixteenth-largest trading economy in 2021, exceeding USD 800 billion for the first time in its history.
Taiwan's semiconductor manufacturing industry plays a vital role in the global economy. Over forty decades of focused R&D and IP protection and more than 1,000 companies comprise Taiwan's unparalleled semiconductor supply chain, which is centred around its global foundry dominance Taiwan occupied a 63% share of the global market for semiconductor foundries last year, according to the Ministry of Economic Affairs. Semiconductors form a fundamental element in a wide variety of future transformative technologies, including 5G and autonomous driving, and Taiwan's semiconductor industry is on track to be worth NTD 5 trillion by the end of this year, according to the Taiwan-based Industrial Technology Research Institute (ITRII), which highlighted innovative applications related to the metaverse and automotive chips as key drivers of future growth.
Taiwan is home to the largest III-V compound semiconductor solutions provider and wafer foundry in the world, WIN Semiconductors. Founded in 1999, WIN was the world's first pure-play 6-inch GaAs foundry and stands for the markets it leads in - wireless, information, and network.
هذه القصة مأخوذة من طبعة May 19, 2023 من Newsweek Europe.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة May 19, 2023 من Newsweek Europe.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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