Opportunities and Challenges for Taiwan Automotive Component Industry

Automotive industry emphasizes on economies of scale. As for the development of a vehicle brand, the production volume of 1 million vehicles is the milestone for establishment of brand status. Although at current stage the own brand automotive makers in Taiwan have been focusing on the development in Mainland China market, in the future they will have to orchestrate their roadmaps for emerging markets or even markets in developed countries, and this will certainly affect the development of automotive component industry in Taiwan....