The Taiwan-based machinery sector, which relies heavily on exports and is therefore highly vulnerable to global influences, is facing significant challenges, particularly from geopolitical tensions and the push for net-zero emissions.

Kaynes SemiCon, a wholly owned subsidiary of Kaynes Technology, has signed a landmark memorandum of understanding (MoU) with Lightspeed Photonics, securing India’s first paying customer for outsourced semiconductor assembly and test (OSAT) services, according to CEO Raghu Panicker.

In early 2023, Samsung Electronics welcomed former TSMC deputy director Jing-cheng “Vic” Lin to lead an advanced packaging task force to compete against TSMC. However, industry insiders indicate that this task force has recently been disbanded. There are rumors that Chinese wafer fabs are attempting to recruit Lin, making his next move highly anticipated.

Three years since the Japanese government’s decision in 2021 to support Taiwan’s large foundry company, TSMC, in establishing a factory in Kumamoto, Kyushu has not only seen growth in infrastructures such as the semiconductor industry, supply chains, and civil transportation, as well as industries such as retail logistics education, more factories have been further affected, allowing many sunset industries opportunities to transform and restructure themselves.