TOMMY NATION POLITICS TUESDAY LIVESTREAM: "The Equillibrium Constant Part1..."ructure..."
Equilibrium - 1 : a state of balance between opposing forces or actions. 2 : the normal balanced state of the body that is maintained by the inner ear and that keeps a person or animal from falling. equilibrium. noun.
House Price Growth Slows as Market Finds Equilibrium…
According to DIGITIMES statistics, the combined revenues of seven major Taiwanese IT companies, including TSMC, Hon Hai (Foxconn) and the top-5 EMS firms, reached NT$8,693.6 billion (US$312.41 billion) in the first three quarters of 2021, a sequential increase of 13.3%. If the growth rate is used to project the growth rate of Taiwan's IT industry in 2021, the revenue of Taiwan's publicly listed IT companies would exceed US$900 billion in 2021, and Taiwan could usher in a new era of US$1 trillion in output in 2022.
But behind the impressive figure is the mounting pressure on Taiwanese firms facing the dilemma of surplus funds chasing limited goods because of shortage of parts and occasional supply chain disruption. Under the pressure of uncertainty, international investments will be diminishing. The weight of local services and value is expected to increase. Enterprises will seek more opportunities in different value chains. System integration and software-hardware integration will be forged. ESG issues related to energy conservation, carbon reduction and labor shortage will exert intense pressure on the supply chain, which is also making smart manufacturing a hot topic of industrial transformation.
This is the time of change. The good old days of stability are gone. Taiwan is bound to join and embrace the new era of disruptive innovation along with opportunities for development. The experience accumulated over the past 20 years not only empower Taiwan to stay competitive but considerably assist other countries to implement the industrial development foundation…
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