In the first half of 2024, Taiwan’s printed circuit board (PCB) industry experienced significant growth, propelled by robust demand for AI servers, satellite communications, and automotive electronics. A recovery in the smartphone and memory markets also contributed to the improved performance. By the second quarter, the industry’s output reached NT$190.8 billion (US$5.97 billion), reflecting a 12.7% increase compared to the same period last year. This underscores Taiwan’s crucial role in supporting growth across AI, satellite systems, and electric vehicle sectors.

At its September 19 board meeting, Taiwan’s Central Bank emphasized Taiwan’s critical role in maintaining its semiconductor dominance amid escalating US-China trade tensions in technology and national defense.

Thailand is set to make a significant stride in the semiconductor industry with the establishment of its first silicon carbide (SiC) wafer factory, which is expected to begin operation in 2027.

Europe’s homegrown lithium battery sector is grappling with widening losses as electric vehicle (EV) demand slows and automakers face challenges in their transition to electrification.