Latest news with #FocusTaiwan
Epoch Times
5 hours ago
- Politics
- Epoch Times
Taiwan Says President Has ‘No Plans' to Travel After Reports Claimed US Blocked Stopover
Taiwanese President Lai Ching-te has no plans to travel overseas at the moment because of a recent typhoon, his office said, dismissing reports that he canceled a trip to Latin America due to the U.S. government allegedly blocking a transit stop in New York. 'In consideration of the ongoing rehabilitation efforts in southern Taiwan following a recent typhoon and regional developments including the United States' tariffs, the president currently has no plans to go on an overseas visit,' Presidential Office spokesperson Karen Kuo said on July 28, according to Taiwanese news outlet Focus Taiwan.
Time of India
a day ago
- Business
- Time of India
Taiwan's semiconductor talent shortage reaches 34,000 in May
Taipei: Taiwan's semiconductor industry faced a labour shortage of 34,000 workers as of May this year, according to a report released Monday by the 104 job bank and the government-sponsored Industrial Technology Research Institute (ITRI), Focus Taiwan reported. The shortages came on the back of the industry's continued expansion, fueled by increased investment in advanced processes, the news article said, citing the 2025 Semiconductor Industry Talent Report. The three main job categories in demand were "production/quality control/environmental safety," "research and development," and "operations/technical support and maintenance," it said. Job openings for production, quality and environmental safety grew from 5,600 in October 2023 to roughly 10,000 in May 2025, while demand in the research and development category rose from 6,000 in 2023 to 9,316 in May this year, the report said. Furthermore, the number of job openings in the operations/technical support and maintenance category grew from 4,300 in October 2023 to 7,240 in May 2025 -- an increase of 67 percent, Focus Taiwan reported. This reflects rising demand for equipment operators and maintenance personnel driven by the expansion of advanced processes and advanced packaging production lines, the news article noted. Taiwan alone accounted for 68.8 percent of the world's foundry market in 2024, and also led the world in IC packaging and testing with nearly 50 percent of the market, according to Jeff Lin, general director of ITRI's Industry, Science and Technology International Strategy Center. The country is also a key production base for chips at 7 nanometers and below, and produces as much as 83 percent of the world's AI chips, Lin added. From 2010-2024, the output value of the IC industry tripled, while the number of newborns in Taiwan has declined by about 20 percent, highlighting concerns over a potential talent gap as the high-tech sector continues to grow rapidly, he explained. Recruiting of talent in the field of operations/technical support and maintenance has been especially difficult because this requires people to work shifts, the report said, adding that there is also an emphasis on hands-on and on-site skills. Meanwhile, the report provided an analysis of the sector's salary structure, showing that among non-managerial positions, analog IC design engineers had the highest median annual salary at NT$1.78 million (US$60,320), followed by digital IC design engineers at NT$1.57 million, it said.
Times of Oman
2 days ago
- Business
- Times of Oman
Taiwan's drone exports skyrocket nearly 750 per cent in H1 2025
Taipei: Taiwan's drone exports surged by almost 750 per cent in the first half of 2025 compared to the same period last year, with Poland emerging as the top buyer, as reported by Focus Taiwan. The surge in drone exports reflects the growing demand from European countries that are prioritising defence and cybersecurity, according to the Taiwan External Trade Development Council (TAITRA). Customs data show Taiwan exported drones worth USD 11.89 million from January to June 2025, a 749 per cent year-on-year increase. Poland led the imports, purchasing USD 6.48 million, accounting for over 54 per cent of the total. The United States followed as the second-largest importer, buying USD 1.55 million worth of drones, up 209 per cent from the previous year. Germany ranked third, with imports jumping dramatically to USD 1.46 million, a 258-fold increase. The Czech Republic, a new market for Taiwan drones this year, placed fourth at USD 1.04 million, narrowly ahead of Hong Kong's USD 1 million, which saw a 36.9 per cent rise from 2024. These five countries combined represented about 97 per cent of all drone exports during the six-month period. TAITRA highlighted that growing geopolitical instability, particularly the ongoing war between Russia and Ukraine and unrest in the Middle East, has driven European countries to seek reliable, non-Chinese suppliers. Taiwan has become an attractive option due to its strong ICT sector and manufacturing expertise. In addition, Taiwan's commitment to democratic values has made its drones appealing to like-minded nations in Europe. The increasing demand is driven by both military and civilian applications, including border control, homeland security, anti-drone defence, agriculture, infrastructure monitoring, and urban surveillance. To support this momentum, the Taiwan Excellence Drone International Business Opportunities Alliance (TEDIBOA) was formed in September 2024. The alliance now includes over 120 members working in drone systems, components, and technology integration. The source said TEDIBOA members specialise in drone assembly, module and battery development, and ground equipment. Through vertical and horizontal integration, Taiwanese manufacturers are able to respond quickly to client needs.
Times of Oman
3 days ago
- Business
- Times of Oman
US becomes largest buyer of Taiwan-made machinery in 2024, surpassing China for first time
Taipei: The United States has, for the first time, overtaken China and Hong Kong in 2024 to become the largest buyer of Taiwan-made machinery, signalling a notable shift in regional trade patterns influenced by geopolitical tensions, industrial strategies, and shifting supply chains, Focus Taiwan reported. According to Taiwan's Ministry of Finance (MOF), outbound sales of Taiwan's machinery to the US reached USD 5.8 billion in 2024, an increase of 6.1 per cent compared to 2023. This figure represents 24.2 per cent of Taiwan's total machinery exports. In contrast, exports to China and Hong Kong slipped by 1.5 per cent year-on-year to USD 5.7 billion, accounting for 23.7 per cent of the total, Focus Taiwan noted. Between 2019 and 2024, Taiwan's machinery exports to the US surged 24.5 per cent, while shipments to China and Hong Kong declined 16.8 per cent, according to the MOF report. In 2019, China and Hong Kong together made up 29.3 per cent of Taiwan's machinery exports, while the US held a 19.9 per cent share. The reversal reflects deeper changes in global industrial supply chains. Focus Taiwan reported that Taiwan's declining machinery sales to China are partly due to Beijing's deliberate investment in domestic machinery manufacturing to reduce dependence on foreign equipment. Simultaneously, growing trade friction between the US and China, along with the push for localised production under the "Made in the USA" policy, has made the American market increasingly attractive to Taiwanese firms in recent years. Despite the gains in the US, total machinery exports from Taiwan fell to a three-year low of USD 24.1 billion in 2024, down 0.4 per cent from 2023 and 15.5 per cent from the 2022 record high of USD 28.6 billion, Focus Taiwan said. Machinery remained Taiwan's fourth-largest export category in 2024, but its share of total exports declined to a historic low of 5.1 per cent, from 5.6 per cent the year before. Although exports rebounded 4.3 per cent in early 2025, MOF warned that global uncertainty and US-China tensions could disrupt future growth, Focus Taiwan reported.
Time of India
3 days ago
- Business
- Time of India
US becomes largest buyer of Taiwan-made machinery in 2024, surpassing China for first time
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel The United States has, for the first time, overtaken China and Hong Kong in 2024 to become the largest buyer of Taiwan-made machinery , signalling a notable shift in regional trade patterns influenced by geopolitical tensions , industrial strategies, and shifting supply chains, Focus Taiwan to Taiwan's Ministry of Finance (MOF), outbound sales of Taiwan's machinery to the US reached USD 5.8 billion in 2024, an increase of 6.1 per cent compared to 2023. This figure represents 24.2 per cent of Taiwan's total machinery exports. In contrast, exports to China and Hong Kong slipped by 1.5 per cent year-on-year to USD 5.7 billion, accounting for 23.7 per cent of the total, Focus Taiwan 2019 and 2024, Taiwan's machinery exports to the US surged 24.5 per cent, while shipments to China and Hong Kong declined 16.8 per cent, according to the MOF 2019, China and Hong Kong together made up 29.3 per cent of Taiwan's machinery exports, while the US held a 19.9 per cent share. The reversal reflects deeper changes in global industrial supply chains Focus Taiwan reported that Taiwan's declining machinery sales to China are partly due to Beijing's deliberate investment in domestic machinery manufacturing to reduce dependence on foreign equipment. Simultaneously, growing trade friction between the US and China, along with the push for localised production under the " Made in the USA " policy, has made the American market increasingly attractive to Taiwanese firms in recent the gains in the US, total machinery exports from Taiwan fell to a three-year low of USD 24.1 billion in 2024, down 0.4 per cent from 2023 and 15.5 per cent from the 2022 record high of USD 28.6 billion, Focus Taiwan remained Taiwan's fourth-largest export category in 2024, but its share of total exports declined to a historic low of 5.1 per cent, from 5.6 per cent the year before. Although exports rebounded 4.3 per cent in early 2025, MOF warned that global uncertainty and US-China tensions could disrupt future growth, Focus Taiwan reported.
