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Taiwan eyes overseas tech parks to help Taiwan SMEs expand globally

Taiwan’s tech industry is set for a major transformation in international expansion, amid the ongoing restructuring of global supply chains and geopolitical shifts. In his capacity as chairman of the Taiwan Electrical and Electronic Manufacturers’ Association (TEEMA), Hon Hai (Foxconn) chairman Young Liu has pledged to replicate Taiwan’s science park model overseas, a bid welcomed by many small and medium-sized enterprise (SME) owners, who hope for swift implementation of such plans.

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