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๐Ÿ‡น๐Ÿ‡ผ Taiwan /Technology

Beyond Semiconductors: Poland Welcomes Taiwanese Investment in Everything from Chips to Dumplings

From Liberty Times · () Chinese

Translated from Chinese, summarized and contextualized by DistantNews.

At a glance

News Named sources Context piece
  • Poland welcomes Taiwanese investment across all sectors, from semiconductors to food products.
  • Taiwan's Ministry of Economic Affairs has established a trade and investment center in Warsaw to facilitate business.
  • Taiwanese companies in AI, autonomous driving, and other high-tech fields are exploring opportunities in Poland.

Poland is actively encouraging Taiwanese investment across a wide spectrum of industries, extending beyond its well-known strength in semiconductors to include sectors like food production. Janusz Bilski, the head of the Polish Office in Taipei, emphasized that Polish businesses recognize Taiwan's leading position in high-tech industries. The Taiwan Electrical and Electronic Manufacturers' Association (TEEMA) plans to establish an overseas industrial park in Poland, and Foxconn is already collaborating within the electric vehicle supply chain.

comprehensive welcome to Taiwanese investment

โ€” Janusz BilskiPolish Representative in Taipei emphasizing Poland's openness to Taiwanese businesses.

Bilski highlighted that Poland welcomes all Taiwanese industrial investments. Beyond high-tech sectors like semiconductors and electric vehicles, Taiwanese food companies, such as Chimei, have already set up factories in ลรณdลบ and are looking to expand. This indicates significant growth potential for the food industry alongside technology. Bilski noted that ongoing exchanges and frequent visits by large business delegations between Taiwan and Poland, facilitated by events like the Taiwan Image Exhibition, are strengthening bilateral cooperation.

allows for substantiveๅฏนๆŽฅ (duรฌjiฤ“ -ๅฏนๆŽฅ, docking/connection)

โ€” Jiang Wen-ruoTaiwan's Deputy Minister of Economic Affairs on the purpose of the Taiwan Image Exhibition.

Taiwan's Ministry of Economic Affairs established a trade and investment center in Warsaw late last year to bolster these ties. The current Taiwan Image Exhibition in Poland features over 100 Taiwanese companies, with 52% participating for the first time, signaling strong industry interest in Poland and Central Europe. "This event allows for substantiveๅฏนๆŽฅ (duรฌjiฤ“ -ๅฏนๆŽฅ, docking/connection)," said Taiwan's Deputy Minister of Economic Affairs, Jiang Wen-ruo.

non-red supply chain

โ€” CityBright TechnologyDescribing their products' alignment with specific industry requirements.

Companies like CityBright Technology, an AI image and facial recognition startup, are leveraging Poland's position as a Central European trade hub. CityBright's AIRA solution is part of Nvidia's ecosystem, and the company sees clear demand in Poland's manufacturing and logistics sectors. They view Taiwan's manufacturing base as aligning with "non-red supply chain" requirements for AI and security industries, offering clients more choices. Similarly, Taiwan's Smart Drive, a notable autonomous vehicle startup, is seeking manufacturing and software partners in Poland. Chairman Chen Wei-lung cited demographic challenges like aging populations and declining birth rates in Japan, Taiwan, and Europe, leading to labor shortages and safety concerns, which autonomous vehicles can address. Poland's established automotive industry presents an opportunity for such collaborations.

aging populations, declining birth rates

โ€” Chen Wei-lungTaiwan's Smart Drive Chairman explaining the market need for autonomous vehicles.
DistantNews Editorial

Originally published by Liberty Times in Chinese. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.