Taiwan’s top companies over-reliant on Apple: report

Focus Taiwan
Date: 2018/06/28
By: Chiu Po-sheng and William Yen

Taipei, June 28 (CNA) Six of Taiwan’s top 10 corporations by net revenue are electronics companies that are part of Apple’s supply chain, resulting in an over-reliance on the American multinational technology company, according to a report by China Credit Information Service (CCIS) Thursday.

The CCIS report, which looked at the largest corporations in Taiwan, further noted that the Taiwanese firms that are part of Apple’s supply chain make several trillion Taiwan dollars in annual revenue combined.

However, in the long run, revenue is too concentrated on one international brand, which is a major concern for Taiwan’s electronics industry, CCIS pointed out.

The top 10 companies are all familiar names with iPhone assembler Hon Hai Precision Industry Co. leading the way as the country’s largest company by net revenue for 13 consecutive years, the report showed.    [FULL  STORY]

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