Taiwan to spend NT$100 billion over 8 years helping traditional industry join the tech supply chain
Taiwan's government is redirecting tech-industry tax money into old-line manufacturing, a positive for southern factories and workers but a bet that depends on chip demand holding up.
- Taiwan will put NT$100 billion over eight years into helping traditional makers upgrade and become suppliers to the tech sector.
- Science park revenue hit a record in the first half of the year and is on track to top NT$7.5 trillion for 2026.
- The money targets petrochemical, materials, chemical, metal and machinery firms in central and southern Taiwan, so young workers don't have to move north for jobs.
- TSMC is already helping these older factories add AI to their production lines to lift quality.
- Officials expect the plan to keep Taiwan's economy growing at double-digit rates.
Outlook: TSMC will keep its most advanced research at home, and any decision on a new Texas plant is left to the company.