Taiwan is a global semiconductor powerhouse, contributing 60% of the world’s foundry market and over 90% of advanced chip production. In 2024, Taiwan’s semiconductor industry output reached $168.73 billion.

Leading the industry is TSMC, which holds over 55% of the global foundry market. Other key players include UMC, ASE Group, and MediaTek, covering manufacturing, packaging, and IC design.

Taiwan's strengths lie in its skilled workforce, robust supply chain, and advanced 3nm and 5nm production, making it a key player in AI, automotive chips, and high-performance computing, further securing its position in the global tech ecosystem.