Companies in Taiwan such as Taiwan Mobile Co, Chunghwa Telecom Co and HTC merging and trying to introduce lower priced smart phones (around $335), in order to gain more market share and increase social living of the country. With 23 million populations, internet users in Taiwan reach more than 16 million users which provide evidence of potential users of smartphones for social or other means of online telecommunications. BuddeComm, research and consultancy website has forecasted that 20 million 3G subscribers going into 2012 which is great prospective for smpartphone producing companies to make a further move to launch newer and better ways to improve lifestyles. BBC news stated that Taiwan softened its rules for China for technological sectors with 10 percent of ownership rights. Certain barriers are still been implemented by Ministry of Economic Affairs only allowing investors to hold up to 50 percent of stake in joint venture corporations for less sensitive technologies sectors such as automobile and plastics. Taiwan is well-built on chips and liquid-crystal-display making companies and strongly protects itself from Chinese rival companies. Since the price competition is tight in Taiwan, to continue to gain share in international markets, they are looking for alternative and new ways to improve the current …show more content…
http://www3.ambest.com/ratings/cr/reports/Taiwan.pdf
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