Other top global competitors headquartered in Taiwan involve the food, steel, semiconductors, computer hardware and telecommunications industries.
From a global trade perspective, the value of Taiwan’s exported goods equaled an estimated US$329.5 billion in 2019. Its most valuable exports include electronic integrated circuits (30.5% of Taiwan’s global total), refined petroleum oils (3.7%), computer parts or accessories (3.2%), computers (2.7%), solid-state storage devices (2.3%), mobile phones (also 2.3%), liquid crystal devices (2%), parts for modems (1.7%), printed circuits (1.6%), and semiconductor devices such as diodes and transistors (1.4%) according to the International Trade Centre.
Taiwan’s Top 10 Major Export Companies
- Assets
- Sales
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Assets
Below are leaders among Taiwan’s biggest exports-related businesses organized by asset value. Shown within parentheses is the primary industry in which each company operates. Also shown is the change in asset value as of December 2019 compared to 2018.
- Hon Hai Precision (electronics): US$110.8 billion, down -3.2% from 2018
- Taiwan Semiconductor (semiconductors): $77.5 billion, up 10.2%
- China Steel (iron & steel): $22.2 billion, down -2.6%
- Quanta Computer (computer hardware): $20.5 billion, down -0.5%
- Far Eastern New Century (diversified chemicals): $19.2 billion, up 10.3%
- Pegatron (electronics): $19 billion, up 15.9%
- Nan Ya Plastics (diversified chemicals): $18.5 billion, down -6.1%
- Uni-President Enterprises (food): $15.9 billion, up 7.4%
- Chunghwa Telecom (telecommunications): $15.9 billion, down -1.2%
- Formosa Chemicals (specialized chemicals): $13.3 billion, down -37%
Four of the above Taiwanese companies grew their asset values from 2018 to 2019 namely electronics firm Pegatron (up 15.9%), chemicals producer Far Eastern New Century (up 10.3%), Taiwan Semiconductor (up 10.2%) and Asia’s biggest food producer Uni-President Enterprises (up 7.4%).
Leading the asset decliners were Formosa Chemicals (down -37%), Nan Ya Plastics (down -6.1%) and electronics maker Hon Hai Precision (down -3.2%).
Sales
Profit
Headquarters
Note: Some of the above company offerings may include products other than the principal category shown within parenthesis under the Assets tab.
For example, Taiwan Semiconductor not only manufactures and sells integrated circuits and other semiconductor devices, the company engages in mask-making services. Taiwan Semiconductor also makes and sells solid state lighting devices and solar energy-related technologies.
Besides making notebook computers and other personal computer-related products, Quanta Computer also provides enterprise network systems, home entertainment, mobile communication, automotive electronics and digital home products.
See also Taiwan’s Top 10 Exports, Taiwan’s Top 10 Imports and Taiwan’s Top Trading Partners
Research Sources:
Forbes Global 2000 individual company profiles, Example of top Taiwanese company compiled for this study: Hon Hai Precision. Accessed on August 27, 2020
Forbes Global 2000 rankings for Taiwan, The World’s Biggest Public Companies. Accessed on August 27, 2020
International Trade Centre, Trade Map. Accessed on August 27, 2020
Investing.com, Uni-President Balance Sheet/Income Statement. Accessed on August 27, 2020
Wikipedia, Category: Companies of Taiwan. Accessed on August 27, 2020
Wikipedia, List of companies of Taiwan. Accessed on August 27, 2020