Taiwan wants to create its own IT brands

Taiwanese factories are not going to work all their life "on uncle" and sell their own products under foreign brands. Moreover, the small island is unable to compete with the great China, where many large orders for chips and electronics are gradually moving, and the number of factories there is growing exponentially. In such conditions, successful Taiwanese firms have no choice but to enter the market on their own. According to experts, this is the most important task facing the entire economy of the country in the coming years, writes the NY Times .

High-tech products account for 70% of Taiwan’s exports. Today it is the world's largest manufacturer of laptops and LCD panels. Two of the world's largest chipmaker subcontractors, Taiwan Semiconductor Manufacturing Company and United Microelectronics Corporation, are based here. On the island there are three large technoparks, founded in 1980, 1996 and 2003, in total there are 440 companies registered there.

The profitability of Taiwanese companies decreases every year, and the turnover is now growing not by tens of percent, as in previous years, but by modest units of percent. The lion's share of the profits is taken by customers - Dell, Apple and others - who own brands and patents, but in fact do not produce anything. For example, in Dell laptops, the manufacturer takes only 5% of the retail price of the product, while Dell’s share is about 20%.