TaiwanPlus

#Taiwan has surpassed South Korea to claim the position of the world's second-largest supplier of semiconductor equipment by revenue, according to industry group SEMI. Watch the full report here: https://lnkd.in/gZaSKSSC #semiconductor #chip #SouthKorea #China

The Directors Guild of America (DGA) will honor renowned filmmaker Ang Lee with its Lifetime Achievement Award at the 77th Annual DGA Awards on February 8. Celebrated for masterpieces like Crouching Tiger, Hidden Dragon and Life of Pi, Lee has left an permanent mark on cinema. DGA President Lesli Linka Glatter lauded him as a visionary artist who has pushed creative boundaries and transcended genres throughout his illustrious 30-year career. A two-time DGA Feature Film award winner, Lee has also earned two Academy Awards for Best Director, cementing his legacy. #AngLee #DGA #film #cinema

The first agreements under the U.S.-Taiwan Initiative on 21st-Century Trade, signed in Washington last June, officially took effect on December 10. These initial agreements establish a robust legal framework for economic and trade relations, focusing on five key areas: customs administration and trade facilitation, regulatory practices, domestic service industry rules, anti-corruption measures, and small- and medium-sized enterprise support. The initiative is seen as a significant step toward a potential Free Trade Agreement (FTA). Using a "building blocks" approach, both parties plan to negotiate agreements on mutually prioritized topics, gradually advancing toward a comprehensive FTA. With the first measures now in force, both sides will collaborate through institutional mechanisms to discuss implementation, address bilateral concerns, and share expertise, further strengthening economic ties. Watch the TaiwanPlus News report: https://lnkd.in/gBuVB8ST #trade #USTaiwanTrade #economicpartnership #Taiwan #FTA

TIME magazine has named #AMD CEO Lisa Su as its 2024 CEO of the Year. Since stepping into the role in 2014, the Taiwan-born leader has steered Advanced Micro Devices (AMD) from near irrelevance to a dominant force in the semiconductor industry. AMD has surpassed Intel in key areas and is now setting its sights on AI-driven computing. Under Su's leadership, AMD has consistently delivered cutting-edge products, forged stronger customer ties, and optimized operations. The company’s stock has skyrocketed from $3 to over $125, pushing its market valuation past $200 billion. Read the full article: https://lnkd.in/gH5YkUxx #LisaSu #CEOoftheYear #SemiconductorIndustry #AI #Taiwan

According to Taoyuan International Airport, transit passengers reached 6.25 million in 2023, up from 5.32 million in 2019. In the first seven months of 2024 alone, transit passengers totaled 3.94 million, a 32.3% increase compared to the same period in 2019. Taoyuan Airport’s transit traffic is dominated by passengers from North America and Southeast Asia, accounting for 77.4% of its total transit volume. With global trends reshaping the aviation landscape, and a new airport terminal expected to begin operation in stages over the next few years, Taoyuan is poised to rival traditional East Asian transit hubs like Hong Kong, Singapore, Tokyo, and Seoul, solidifying Taiwan's position as a vital regional gateway. #Aviation #Transit #TaoyuanAirport #Taiwan

Discover how ASUS, a trailblazer in Taiwan's ICT industry, is shaping global technology with cutting-edge innovation, sustainable initiatives, and industry-defining products. From pioneering motherboards to AI-powered solutions and leading the world in gaming hardware, Taiwan's tech unicorns are pioneering global tech. #ASUS #Taiwan #ICT #technology #AI #innovation 

The Taiwan government has released its latest economic growth forecast. On the trade front, the AI boom is driving increased exports of electronic components and ICT products, with Taiwan expected to benefit from strong demand this year and next. Semiconductor companies are aggressively expanding advanced manufacturing and high-end packaging capacities to capitalize on AI, while also continuing to invest in R&D. In terms of private consumption, stable real wage growth is boosting household disposable income, with the sustained popularity of cross-border travel expected to support consumer spending. Taiwan’s GDP is expected to surpass NT$25 trillion in 2024, thanks to a revised economic growth rate of 4.27% (up from 3.90%), with the 2025 growth rate forecast to be 3.29%. Watch the full TaiwanPlus News report: https://lnkd.in/gy4kWDGk #Economy #Taiwan #AI #Semiconductors #Tech

Taiwan's nascent space industry is on show at an expo in Kaohsiung. The country hopes to build a communications system similar to SpaceX's Starlink and make itself an essential part of the global space supply chain. https://lnkd.in/gAhsR3K4 #Taiwan #Starlink #SpaceX #Satellites

TaiwanPlus are at ATF in Singapore. Come and pay our booth a visit, D18 in the Taiwan Pavilion!

#Taiwan's unemployment rate dropped to 3.4% in October, down 0.03 percentage points from September, marking the lowest rate for the month in 24 years. Further declines are expected in November. The decrease follows a seasonal rise in unemployment between June and August as new graduates entered the workforce. By September, many had secured jobs, improving the outlook. Historical trends and the holiday shopping season are likely to further boost employment. Youth unemployment, however, remains a challenge. The jobless rate for those aged 15-24 fell to 11.53% in October, down from 11.88% in September, but remains 0.32 percentage points higher than a year ago. Still, the average youth #unemployment rate from January to October stands at 11.36%, the lowest since 2008. Watch the TaiwanPlus News report: https://lnkd.in/gZRrX-zh #economy #unemploymentRate #jobmarket