Engineering Services

At the end of January, Taiwan’s Ministry of Economic Affairs convened a meeting of the territory’s big four wafer original equipment manufacturers – Taiwan Semiconductor Manufacturing Company, United Microelectronics Corporation, World Vanguard International Semiconductor Corporation and the Powerchip Technology Corporation.

One of the strongest trends in the 2020s is certain to be a surge in electric-vehicle sales, which will bring a massive increase in demand for lithium-ion batteries.

Since 2016, as part of a bid to meet rising demand from local and overseas‑invested businesses, Taiwan has been actively looking to develop its renewable‑energy resources.

Relocating operations has been a perennial theme for businesses in Hong Kong. From the 1950s to 1970s manufacturers flocked to the city, turning it into the factory of the world for everything from textiles and toys to semiconductors.

Golden Concorde Group Holdings (GCL), one of Mainland China’s leading new-energy companies and said to be the world's largest maker of silicon materials, is using Hong Kong as a financing platform for its Belt and Road venture in Ethiopia.