Boeing’s turbulence to disrupt Taiwan aerospace supply chain

With Boeing’s current struggles and no clear turnaround in sight, Taiwan’s aerospace supply chain is increasingly looking to “domestic defense autonomy” as the primary driver for market growth. Taiwan’s aerospace supply chain representatives recently revealed that the aerospace industry’s challenges are having a cascading effect on the machine tool sector, as aerospace suppliers purchase machine tools for manufacturing and processing.

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Taiwan seeks to alleviate labor shortage with relaxed residency regulations

To enhance corporate investment momentum in Taiwan and address talent shortages, Taiwan’s National Development Council (NDC) said it is considering a system similar to Japan’s “J-Skip” program, which allows those with a master’s degree or higher, or advanced skills and a certain income level, to apply for permanent residency after just one year.

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