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  • TSMC’s new Japan Plant ignites local economy and nightlife

    The opening of TSMC’s new plant in Kikuyo, Japan, has revitalized the local economy and nightlife, with customers spending up to 1 million yen daily. The community’s transformation has garnered international attention, boosting sales in various industries and reshaping Kumamoto’s nightlife. TSMC’s significant investment in the project is expected to increase production capacity and potentially lead to the establishment of additional factories in the area.
    2024/02/17 14:33
  • SYM leads Taiwan’s motorcycle market for second year

    SYM Dominates Taiwan’s Motorcycle Market in 2023 with 38.4% Share, Selling 334,589 Units. Kymco and Yamaha Follow with 30.7% and 15.9% Market Share Respectively. Gogoro Holds 6.5% Share. Total of 870,620 Motorcycles Sold in Taiwan. SYM’s December Sales Reach 36,479 Units, Up 66.63% from November. SYM’s Total 2023 Sales Increase by 30.99% from Previous Year. Special Promotion and Phasing Out Older Designs Boost Sales. WOO, Vivo, and Duke Models Lead with 38% Sales Increase. CLBCU and Fiddle See 24% Surge, JET, DRG, and MMBCU with 12% Increase. SYM to Offer Additional NT$2,000 Subsidy in 2024.
    2024/01/03 15:47
  • Biden signs defense act to boost Taiwan’s self-defense

    U.S. President Joe Biden has signed the Fiscal Year 2024 National Defense Authorization Act (FY2024 NDAA), which includes a comprehensive training program for Taiwan’s military. The program aims to enhance Taiwan’s self-defense capabilities and will be overseen by the U.S. Secretary of Defense. The legislation, which has received approval from both houses of the U.S. Congress, allocates a total of US$886 billion for this purpose. The training program will focus on layered defense, asymmetric defense strategies, cross-communication between the U.S. and Taiwan’s military, information sharing, and the improvement of professional military education and civilian control over the military. Additionally, the act emphasizes collaboration between the U.S. and Taiwan on military cyber security and requires regular updates on Taiwan arm sales proceedings. It also mandates the Secretary of Defense to submit biannual reports to Congress on the military developments of the People’s Republic of China, particularly in areas such as Taiwan, Southeast Asia, and the South China Sea, covering topics such as weapon upgrades, procurement, and military operations.
    2023/12/23 12:34
  • Starbucks Taiwan to see more growth in holiday season

    Starbucks Taiwan, a joint venture between Starbucks Coffee International and Taiwan food conglomerate Uni-President, is set to boost Christmas sales through marketing activities. Despite rising costs in raw materials, Starbucks Taiwan maintains its long-term marketing strategy of expanding locations and improving store quality without raising prices. Sales revenue during the Christmas period is expected to rise by 10 to 20 percent, leading to a 10 percent increase in stock levels.
    2023/11/02 20:27
  • E-commerce boom: Taiwan adapts for mobile users

    E-commerce platforms in Taiwan are enhancing services for smartphone users, capitalizing on the rise of mobile shopping and social commerce trends. Discover how businesses benefit from accessible apps and social media ads, driving a shift in consumer behavior and boosting profits.
    2023/08/14 11:17
  • Xinyi District seeks to boost sales as pandemic wanes

    With the slowdown of the pandemic, Taipei’s Xinyi District, home to numerous department stores, is seeking to increase sales and embrace the festive season.
    2023/02/04 14:30
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