Saturday, October 25, 2008

Taiwan takes on tech innovation


Taiwan is the biggest technological workshop of South East Asia. Already 90% of the laptops are produced in Taiwan. But it’s not only laptops, they produce more than that, like self phones and motherboards for many products.
Taiwan had always one problem, it lies in the shadow of one of the biggest economies of the world (China). That is also the reason that many Taiwanese companies move their production to China. Also because they can produce their goods at lower prices.

The big Taiwanese companies, like Asus and Acer, have agreed that there are 2 ways to approach the market : the first one is to go for the global manufacturing as a provider and the second one is to go for the branded business. But to really succeed in the hi-tech space, is to creating innovative products under your own banners.

Brands like Acer and Asus have taking a strong position on the world wide laptop market. These brands offer laptops with the same continence as Western made laptops, but these laptops are cheaper. The fact that they also put time in finding new innovations and not only copy from other companies, make them stronger and give them a better position on the market. Despite that Taiwan is in the shadow of China, this country has a good economy, certainly because they are the market leader on hi-tech market.

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