As Apple urges its suppliers to diversify production, especially by expanding into India, Apple and its suppliers have emerged as significant job creators in the country.

Taiwan, with its critical geopolitical position, has an opportunity to secure key positions in the global drone supply chain not dominated by Chinese businesses. Thunder Tiger (TT), a major drone manufacturer, supports Taiwan-based producers but acknowledges China’s long-standing dominance in the drone market due to government support. China still holds two key module technologies, presenting challenges for other countries to quickly detach from Chinese suppliers.

IC channel distributor Macnica Galaxy is cautiously optimistic about its operations in the second half of 2024 and 2025.