As Taiwan M&A and Private Equity Council (MAPECT) commemorates its 10-year anniversary with the release of the 2024 Taiwan M&A Whitepaper on May 29.

The passive component giant Yageo held its shareholders’ meeting on May 30. Founder and chairman Pierre Chen stated that current inventory adjustments have reached a healthy level. The capacity utilization rate for standard products has increased from 50% to 65%, and for niche products from 70% to 75%, with the expectation that inventory will be fully adjusted by the first half of 2024.

Nvidia CEO Jensen Huang revealed two months ago, at a dinner party for Taiwanese partners in Silicon Valley, that he considers himself Taiwan’s ambassador. Taiwan is positioned as a key player in the AI revolution, and all Taiwanese businesses must be prepared to effectively tell the “Taiwan story” to the rest of the world.

Merger and acquisition (M&A) transactions in Taiwan grew 12% year-on-year in 2023 to 131 cases and may continue hitting another new high in 2024. Simon Huang, chairman of WPG and chairman of Taiwan Industrial Holding Association, shared his insights on a 2024 Taiwan M&A and Private Equity Council Forum panel on May 29, saying that seeking common ground while respecting differences is the key to M&A success.