Chau Asustek!
New labor laws might be forcing Asustek to move their spin-off, Pegatron Technologies, from Taiwan to Vietnam in 2008. Vietnam has been working hard to attract tech business, and is rumored to be offering excellent tax incentives to companies willing to make the leap.
“If the movement plans are settled, it is expected they will trigger a trend for Taiwan-based IT companies to move their production lines to Vietnam in order to reduce the heavy reliance on China, added the sources.”
A mass tech industry exodus might cause the Chinese government to re-think their stance on labor laws, or perhaps grant exceptions to certain businesses that are vital to the economic wellbeing of Taiwan.
“If the movement plans are settled, it is expected they will trigger a trend for Taiwan-based IT companies to move their production lines to Vietnam in order to reduce the heavy reliance on China, added the sources.”
A mass tech industry exodus might cause the Chinese government to re-think their stance on labor laws, or perhaps grant exceptions to certain businesses that are vital to the economic wellbeing of Taiwan.
