Taiwan economy rallies thanks to electronics demand

Taiwan's economy notched up its best performance in almost two years in the final quarter of 2016, with strong demand for electronics offsetting a plunge in mainland tourists, according to official data released Wednesday. Growth was 2.58 percent year-on ... ( read original story ...)

Taiwan Economic Crisis Acute, Needs Reforms

He believed Taiwan could leverage its financial services sector, calling it a critical factor in boosting economic growth in places like Hong Kong and Singapore. But he warned that “research shows that Taiwan’s service sector lacks a competitive edge”. ( read original story ...)

Taiwan rules steel makers hurt by products from six countries

Taipei, Jan. 23 (CNA) The Ministry of Economic Affairs has ruled that steel products imported from China, South Korea and four other countries have caused "substantive damage" to the local steel industry and will ask the Ministry of Finance to decide ... ( read original story ...)

iPhone assembler Foxconn may invest $7B in US display plant

TAIPEI, Taiwan (AP) — The Taiwanese company that assembles Apple's iPhones and other electronics is considering investing $7 billion in a U.S. factory to produce display panels that would create as many as 50,000 jobs. Foxconn CEO Terry Gou discussed the ... ( read original story ...)