MIC: U.S. needs Taiwan for its manufacturing comeback

A stronger U.S.-Taiwan bond can be expected in future ahead

Taiwan News
Date: 2016/11/23 21:08
By: George Liao, Taiwan News, Staff Writer

Taipei-based Market Intelligence & Consulting Institute (MIC), an IT industry research and consulting

Taipei-based IT industry research and consulting firm MIC has said while the U.S. is aiming to bring manufacturing back to America, Taiwan stands to be the partner of choice to the U.S. (Wikipedia)

Taipei-based IT industry research and consulting firm MIC has said while the U.S. is aiming to bring manufacturing back to America, Taiwan stands to be the partner of choice to the U.S. (Wikipedia)

firm, has said while the U.S. is aiming to bring manufacturing back to America, Taiwan stands to be the partner of choice to the U.S. and a stronger U.S.-Taiwan bond can be expected in future ahead.

In an aim to revitalize the industry, the U.S. government has pledged to bring manufacturing back to America, but it seems unlikely to happen in the short run since the global IT supply chain and manufacturing activities are concentrated mostly in Asia, MIC said, adding that U.S. companies need to resolve issues like fractured local supply chain and lack of technical talent. Therefore, the decision to bring manufacturing back to America will unlikely shift the U.S.-Taiwan cooperative relationship into a competitive one, the research firm said.

Under the “bringing manufacturing back to America” strategy, Apple had transferred its i-MAC desktop PC production back to the U.S. a while back. But instead of building its own plant, Apple shifted the entire production to Quanta’s desktop PC plant in California, MIC said. Instead of doing pure-manufacturing business, Quanta has integrated with local supply chain in U.S. to help it transform. This has not only deepened the connection between U.S. and Taiwan in terms of innovation activities but also promoted the bilateral partnership further, the research firm added.    [FULL  STORY]

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