The value of approved foreign direct investment (FDI) inflows to Taiwan last year reached US$11.39 billion, up 44.98 percent from the previous year, the Department of Investment Review said yesterday.
The figure was the third-highest in the past decade, behind only 2018 and 2022, the department under the Ministry of Economic Affairs said in a statement.
Last year’s strong FDI performance was mainly driven by several large investment projects, including by Denmark’s Orsted Wind Power TW Holding A/S, which invested about US$2.02 billion to set up Greater Changhua SW Holdings Ltd (大彰化西南控股) in Taiwan, the department said.
Photo: Liao Chia-ning, Taipei Times
Luxembourg’s CI Fengmiao SCSP, also a green energy developer, injected about US$671.5 million into CI Fengmiao Ltd (哥本哈根基礎設施渢妙股份), it said.
A total of 1,296 new foreign-invested companies had investment in Taiwan approved last year, with the combined investment totaling about US$1.05 billion.
In terms of Chinese investment in Taiwan, the department said 19 projects were approved last year with combined investment of about US$102.74 million, down 65.43 percent from US$297.22 million a year earlier.
As for foreign-bound investments by Taiwanese companies, the department said 69 outbound investment applications were approved in the final month of last year, with total investment of about US$2.13 billion.
Last year as a whole, 817 projects were approved, with combined investment of about US$38.43 billion, down 14.47 percent from a year earlier.
Investment by Taiwanese companies in China continued to decline, the department said, with 241 projects approved for all of last year putting up combined investment of about US $1.50 billion, down 58.98 percent from a year earlier.
Overall, foreign investment in Taiwan remained strong last year, the department said, while Taiwanese companies became more cautious about investing in China amid global economic uncertainty and shifts in industrial strategy.
Taiwanese firms have increased investment in the Philippines in recent years as Manila’s ties with Washington deepen and global supply chains continue to shift away from China, an expert at the Chung-Hua Institution for Economic Research (CIER, 中華經濟研究院) said yesterday. The Philippines had not been among Taiwanese investors’ top choices in Southeast Asia, CIER Taiwan ASEAN Studies Center director Kristy Hsu (徐遵慈) said at a seminar in Taipei. However, Taiwan’s investment in the country has grown significantly since the COVID-19 pandemic, reaching US $257 million last year, a high in recent years, she said. Although Taiwan’s total investment in the Philippines still lags
Intel Corp regards Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) as a longstanding partner, as the US chipmaker would continue outsourcing production of advanced chips to TSMC, Intel chief executive officer Lip-Bu Tan (陳立武) said yesterday. “I don’t look at people as competitors. I look at the collaboration... Nvidia is also, you know, a good friend,” Tan told a news conference following his keynote speech at the Computex trade show in Taipei. “It’s a very trusted partnership for us... We are a big, top customer for them, and we’re going to continue doing that,” he said, referring to TSMC, the world’s largest foundry
Hon Hai Precision Industry Co (鴻海精密) yesterday said it would work with US chipmaker Intel Corp to jointly develop and deploy next-generation artificial intelligence (AI) infrastructure and intelligent computing platforms in a move to capture booming demand for AI computing systems. Hon Hai, also known as Foxconn Technology Group (富士康), said in a statement that the partnership would combine its global manufacturing scale, system integration expertise and AI data center deployment capabilities with Intel’s strengths in processor architecture, silicon technologies and software ecosystem. The companies said they plan to work on equipment used in AI data centers, including server racks powered by
Artificial intelligence (AI) agents would supplant smartphones as the center of people’s digital lives, fundamentally reshaping personal devices and driving a major computing upgrade cycle, Qualcomm Inc CEO Cristiano Amon said yesterday. In his keynote speech for this year’s Computex trade show in Taipei, Amon said that the rise of "agentic AI" — AI systems capable of reasoning, planning and carrying out tasks autonomously — would transform how people interact with technology across phones, PCs, vehicles and wearable devices. Describing the technology as the next major evolution in computing, Amon said that "2026 is the year of agents.” For decades, smartphones have sat
RSS