Taiwan's Iconic Hi-Tech Sector Looks to India, Thailand, and Vietnam for Growth

Thursday, 13 June 2024, 00:00

In a strategic move, major Taiwanese tech companies are increasingly turning to countries like India, Thailand, and Vietnam to mitigate political risks and embrace new growth opportunities. This shift highlights the evolving landscape of the global tech industry as companies seek to broaden their footprint in diverse markets. The decision-making process and market dynamics driving this migration reveal a nuanced strategy employed by Taiwanese firms to navigate the complex geopolitical environment.

https://store.livarava.com/4adf8347-291a-11ef-ab75-0d95d4a28fb2.jpg — Taiwan's Iconic Hi-Tech Sector Looks to India, Thailand, and Vietnam for Growth

Taiwan's Hi-Tech Sector Diversification

Company executives and analysts are dissecting why major Taiwanese tech firms have been shifting their operations towards South and Southeast Asia instead of expanding domestically or in mainland China. This strategic move aims to hedge against political risks and seize growth opportunities in India, Thailand, and Vietnam.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

Taiwan's Hi-Tech Sector Diversification

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