Strong demand for high performance computing (HPC) and generative AI (GenAI) has helped drive a 75% year-over-year revenue increase in the IC sector across Taiwan’s science parks in April 2025, leading all industrial categories in the parks, according to data from the Science Park Bureaus under the National Science and Technology Council (NSTC). Science and Technology Minister and Minister without Portfolio Cheng-wen Wu believes Taiwan should leverage its semiconductor and AI expertise through tight integration with the biomedical industry, to foster practical applications of AI in biotech and medicine.

On July 1, 2025, Formosa Smart Energy (FSET) announced the completion of Taiwan’s first integrated demonstration line for LFP battery recycling, combining front-end physical crushing with back-end chemical extraction.

In Taiwan’s rapidly expanding green energy market, driven by the global energy transition and power grid modernization, Billion Electric is making a strategic shift from its traditional power supply roots to become a major player in renewable energy and storage. During its June 30, 2025 earnings call, the company revealed it had secured a 262 MWh operations and maintenance (O&M) contract and expects to add two more project sites in the third quarter of 2025. Billion Electric also announced plans to launch several new products in the second half of 2025, signaling sustained momentum for growth ahead.