Taiwan possesses a comprehensive and highly specialized semiconductor industry cluster, covering every stage from IC design and wafer fabrication to packaging and testing. Leveraging its advantages in advanced processes, Taiwan drives the development of intelligent chips and closely integrates with AI and other emerging technologies, showcasing strong innovation momentum.

Taiwan's IoT industry spans information manufacturing, equipment production, software, and information services. With the rapid advancement of AI and 5G, it is evolving into AIoT (Artificial Intelligence of Things). Taiwan benefits from a solid semiconductor base, ICT and hardware integration capabilities, exceptional talent, and robust communication infrastructure, forming a globally competitive AIoT ecosystem. The government’s “Asia Silicon Valley Development Plan” fosters collaboration between startups and system integrators and promotes smart transportation, manufacturing, logistics, agriculture, healthcare, and cybersecurity applications. AIoT technologies are already being applied across various industries, driving digital transformation. Taiwan aims to further enhance innovation, deepen AIoT applications, and become the core hub for digital innovation in Asia.

Taiwan has a complete industrial chain in communication, covering network chips, components, touch panels, and system integration. It collaborates with international leaders, such as TSMC and Qualcomm, to co-develop and manufacture 5G chips. In 2021, Taiwan established the "5G Open Network Test Platform," the second community lab globally certified by the Telecom Infra Project (TIP) for system integration. Amid the rise of new economic models during the pandemic, Taiwan is leveraging 5G infrastructure to develop immersive technologies such as AR/VR/MR, digital twins, and the Metaverse.

Taiwan’s machine tool and component industry cluster is comprehensive, rooted in its strengths in precision machinery and ICT. These solutions are widely applied in automotive, aerospace, mold manufacturing, and 3C product sectors. Taiwanese manufacturers demonstrate efficient and flexible production, advancing smart manufacturing and developing smart machinery. Global demand for automation and robotics is increasing due to Industry 4.0 and supply chain restructuring, strengthening Taiwan’s development advantages.

Taiwan holds great potential in green energy with world-class wind farms and a robust solar cell manufacturing industry. To support energy transition, the government offers attractive feed-in tariffs and amended the Electricity Act in 2017 to liberalize renewable energy transactions. Additionally, the Shalun Green Energy Science City is fostering an innovative ecosystem, accelerating industrial clustering and technology development.

Facing changing global dynamics and cyber threats, Taiwan continues to monitor cyberattack trends and develops frontier technologies such as AI and blockchain. Backed by a solid ICT foundation, Taiwan serves as an ideal testbed for cybersecurity in applications such as 5G, semiconductors, IoT, and smart healthcare. The government has named cybersecurity one of its six core strategic industries, aiming to strengthen national defense and become a global hub for cybersecurity innovation and collaboration.

Taiwan’s biomedical industry has high development potential, supported by an advanced healthcare system, strong clinical research, and valuable data resources such as the National Health Insurance database. The establishment of biobanks provides a foundation for drug development and precision medicine. With ICT R&D and manufacturing capabilities, Taiwan has built a complete biomedical value chain, attracting investment and collaboration from global pharmaceutical companies.