Africa is emerging as a significant player in the global semiconductor landscape, as evidenced by the recent partnership between the United States and Kenya. This collaboration highlights the US strategy to reduce its dependence on Asian supply chains by fostering semiconductor development across the African continent.

Taiwan is riding high on the artificial intelligence (AI) wave, with AI capabilities now equating to national strength. However, the AI industry is notably power-hungry, raising concerns among many businesses about the adequacy of Taiwan’s electricity supply. From a corporate perspective, any electricity bottleneck would severely hinder Taiwan’s technological advantages.

Taiwan’s Ministry of Economic Affairs (MOEA) released a report on July 29 revealing intriguing insights into Taiwan’s R&D investment and technology export trends. The report highlighted record-breaking R&D expenditure in 2022 and a significant shift in Taiwan’s largest technology export market, with Singapore surpassing China.