President Lai Pushes Taiwan Firms to Form "Joint Fleets" Overseas

Oct 30, 2026

Taiwan's president is pushing big companies to team up with their suppliers and expand abroad together, while also pouring more money into propping up smaller businesses at home — a plan that's broadly positive for Taiwan's export-driven economy and its tech supply chain standing.

  • President Lai Ching-te says Taiwanese companies should stop competing alone overseas and instead form "joint fleets" — large firms teaming up with their supply-chain partners to build overseas industrial clusters together.
  • The government will connect ministries and resources to help industries upgrade, and use diplomacy to cut investment barriers for firms expanding abroad.
  • At home, the government will add about NT$100 billion in funding over eight years to help small and micro businesses modernize and digitize.
  • Next year's government budget includes a record tech spending allocation, over NT$200 billion, and an AI-focused infrastructure plan aims to help a million small businesses go digital and carbon-neutral by 2040.

Outlook: Expect continued government-backed pushes for Taiwanese manufacturers to expand overseas as a bloc, especially in tech and electronics supply chains, while domestic small business support programs roll out over the next several years.

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