6.5 and 5.91 is a huge difference.
The panelists agreed that Taiwan must address its strained cross-Strait relations, develop a more diversified economy, move beyond sole reliance on semiconductors, and modify its energy policy to meet growing electricity demand and the transition to a low-carbon economy.
No way growth this year is only 3.5%, no way.
Demand for AI chips is through the roof. TSMC is building 7 fabs this year, all just for 3nm.
It’s gotta hit 4% or higher.
I predict 5.5%.
Besides the semiconductors and their related industries, Taiwan’s economy is in bad shape. West coast industries are getting hammered with plants shutting down weekly and big contractors going bust daily. Sometimes I ponder if TW will start giving out a UBI to take into account the rest of the economy will probably remain in the dumps.
I didn’t notice any issues, any links ?
Recent China sanctions against Taiwan’s petrochemical/chemical industries combined with the opening of 古雷工業區. Many of the west coast industries’ main exports were to China. Now that China has their most recent petrochemical complex online they are dumping chemicals at rock-bottom prices and no longer need imports from Taiwan.
Not much news to be read, but this past month I’ve had multiple meetings trying to recuperate funds from contractors going under. Check out FPG stock price.
That doesn’t necessarily mean the entire economy is doing poorly.
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Ok interesting, I haven’t seen any news about that .
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Besides the semiconductor and their related industries, what sectors are doing well? I’m very curious and longing for hope! My days are spent all along the west coast’s tea tables hearing doom and gloom. Would love to hear some positive news!
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Semiconductors are huge, but Taiwan has a fairly well rounded developed economy. Taiwan is not Saudi Arabia and Semiconductors are not Saudi oil
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Services sectors (especially logistics) is doing well. Banking, notwithstanding being shite, is actually profitable here, finance companies make decent money.
Also agricultural exports r going well as I heard. Other petrochemicals companies besides what you saw in your experience, still going ok
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Unlike China, Taiwan also has a strong middle class for domestic consumption.
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Agriculture is huge now! One of my partners bought up about 50 acres of land the past few years and now he is banking off garlic and onions.
Regarding petrochemicals, I would love to hear of a company doing well. That’s my industry and I work in all the big plants here, and it’s been a while since I’ve seen blue skies.
My company is doing well enough that my salary keeps increasing.
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What sector?
I guess ‘porn’
Technology
Airlines seem doing good, hire 100 Air Hostess, and lots of people apply
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That’s a lot of applications I guess attracted by relatively high pay and bonuses.
Which doesn’t say that much about Taiwan’s salaries given that usually airline hostess wouldn’t be seen as ‘high paid’ in developed countries.
They have a massive deficit of workers in hospitality here I don’t know how they are going to manage this Summer …I guess students can fill in for Summer work.
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First, look at the income statement rather than stock price.to.see.how.a company is doing…A quick look suggests that costs rather than revenue is the big problem; their interest expenses is going up quickly suggesting they might be in an investment part of their business cycle? With that as.a thought from the income statement, some googling suggests this may be the case, with big investments including a mega project in Louisiana. Formosa petrochemical seems to be doing fine based on their income statement. 
How’s CPDC doing?
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