Competition is Fierce, 2013 Taiwanese Industry Expects Transition

Global economy, surviving from the impact of the previous financial crisis, is now presenting a slow-to-moderate growth rate in 2013. Taiwan is now facing the pressure from regional economy expansion, new threats from Asia’s newly developing countries and competition from Japan/Korea with their strong industrial vertically integrated power. Moreover, there is a trend for those major western multinational companies to move their overseas manufacturing and technical services back to their mother lands, creating a new face of the global supply chain. More severe industrial competition is being expected. As such, Taiwan needs to aggressively proceed with its own industry structural transformation concentrating on the industries, investment, human resources and industrial efficiency. One of the government efforts could be made to continue building the industrial intelligent information service system through the mechanism of its strategic policy, which can facilitate the process of transformation and upgrading to create a more competitive advantage position for Taiwanese industry.

ITIS Program Provides Industry Intelligence, Together to Improve Economic

Department of Industrial Technology (DOIT) under Taiwan’s Ministry of Economic Affairs has been using its sponsored Industry & Technology Intelligence Services (ITIS) Program to integrate the island’s research resources from the most major non-profit professional institutes of “think-tanks” to conduct a series of industrial research focusing on the technology & market studies, new business opportunity explorations and governmental policy. Facing the rising emerging markets, the research directions of ITIS Program should not only cover the needs of Taiwanese industries, but also enhance the research on the emerging regions such as China and India, even extended to the countries of South East Asia. Applying the intelligent service function through the diversified media channels such as internet, publications and conferences can quickly share the knowledge and provide the industries with the needed information. Only helping the industries to stay in the right track of the industrial trends can make Taiwan’s competitive position ready for the next wave of economic cycle.

From the Past to the Future, Master The Key Points to Victory

To the year of 2013, ITIS Program is publishing “2013 Taiwan Industrial Outlook”. This publication does not only cover the industrial data/major events of year 2012 and the analysis on the future trends/business strategies, but also include the special overall discussion analyzing the domestic/global economics and major industrial issues. The book has 17 chapters in which each chapter has its own targeted industry addressing its current status, the industrial technology/market outlook, and major events. On the top of 17 basic industries, the special observatory research reports on the six emerging industries, namely LED Lighting, Photovoltaic, Wind Power, Electric Vehicle, Green Building and Cloud Computing, are also added. This book is very helpful to learn Taiwan’s current industrial development and its international competitiveness as well as Taiwan’s global market position.