Taiwan has been the key stronghold for the international semiconductor industry. Based on its advantages of the professional division of labor and comprehensive supply chain, the total value of the Taiwanese semiconductor industry is estimated to reach NTD 4.88 trillion in 2022, not only boosting Taiwan's GDP to surpass Japan and Korea but also ranking top in Eastern Asia region for the first time, making it the world's second-largest semiconductor supplier. Indeed, such achievements are fully owed to Taiwanese manufacturers of IC design, manufacturing, and assembly/testing, who have been continuously striving for high productivity, high market share, and high added value. In recent years, as the development of the semiconductor industry is marked as a key focus for the Taiwanese government, it has been proactively strengthening the resilience of the semiconductor industry supply chain, aiming to develop Taiwan into the Advanced Semiconductor Manufacturing Center and the Advanced Manufacturing Center of Asia, to perfect a comprehensive semiconductor ecosystem in Taiwan.

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