Focus Taiwan
Date: 2016/03/03
By: Sophia Yeh and Kay Liu

Taipei, March 3 (CNA) President-elect Tsai Ing-wen (蔡英文) said Thursday that Taiwan’s semiconductor sector must be better integrated to compete in the global market.

The sector is one of the pillars of Taiwan’s economy and has an important role in a plan to create five industrial and innovation hubs in the country, Tsai said during a visit to the Hsinchu Science and Industrial Park.

Tsai was referring to her plan to develop five core industries — the Internet of Things, smart machinery, new energy, bio-technology and defense — all of which she said are reliant on the semiconductor sector.

Although Taiwan has a strong semiconductor industry, it is facing several challenges, including the rise of China’s so-called “red supply chain,” said Tsai, who will take office May 20.     [FULL  STORY]