CITY FOCUS is the world’s largest electronics manufacturer and generated $135bn in net revenue last year; electronics and computer designer Pegatron reported $35.9bn; and notebook manufacturer Quanta Computers reported $27.72bn. Taipei’s identity as a tech exporter results in an economy that is, to a large degree, linked to external markets. According to Forbes, “global strengthening should push growth to 3.6% this year and add another 0.1 percentage points in 2018, the IMF says.” While this heavy dependence on exports exposes the economy to fluctuations in global
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demand, rising demand for the semiconductors in the production of phones and PCs is predicted to put Taipei’s leading manufacturers in a powerful position to capitalise on the growing Internet of Things. The Taiwanese government announced this year that is has allocated $357.9mn to the improvement of internet infrastructure, mobile broadband services, ecommerce, smart applications, test beds, industryuniversity collaboration, digital