Taiwan’s offshore wind power industry, once heralded as a cornerstone of the country’s green energy transition, is now grappling with significant challenges. Policy shifts and supply chain disruptions have caused delays in several wind farm projects, prompting a strategic pivot towards overseas markets in Japan and South Korea to mitigate reliance on the domestic market.

Observers believe that US President Joe Biden’s decision to forgo his re-election bid will undoubtedly boost Donald Trump’s chances of returning to the White House. This could likely lead to a continuation of Trump’s tough stance on China, potentially accelerating the reorganization of global supply chains and the deployment of regional production bases. Such developments may benefit Taiwan’s struggling machinery industry.

Sharp has made a strategic move to enhance its mobile device wireless communication technology by acquiring communication patents from Foxconn. This acquisition aims to strengthen Sharp’s existing capabilities, facilitate expansion into new markets, and support its strategic shift toward home appliances and AI-powered products.