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SWOT analysis of PCB assembly industry in Taiwan.
2016/07/26
SWOT analysis of Electronic assembly (PCB assembly) industry in Taiwan.
Advantages (Strength) of Electronic assembly (PCB assembly) industry in Taiwan
• Advanced Industrial Foundation and support system.
• Good ability in responding to changes of business and policy environmental.
• Relatively high quality of human resource..
• Relatively high technological strength.
• Relatively cost competitive in manufacturing and designing.
• Plays an important and strong position in the global supply chain.
• Control of the international production network through foreign investment.
• Great ability in managing both great quantity and high mix low quantity production.
Weakness (Weakness) of Electronic assembly (PCB assembly) industry in Taiwan
• Key materials and components relies on other countries like US and Japan.
• Focus majorly on manufacturing, and less on R&D and innovation.
• Need more incentives in investment to civil research and development.
• Relatively week in establishing global branding and marketing.
• Government efficiency needs to be improved
• Deterioration of the domestic investment environment
• Difficulty in joining economic group due to political situation.
Opportunity (Opportunity) of Electronic assembly (PCB assembly) industry in Taiwan
• New science and Technology Park
• Rapid alternation of electronic products
•Similar language and culture with China.
•Trend of moving production to Asia still exist.
Threat (Threat) of Electronic assembly (PCB assembly) industry in Taiwan
• Increasing competition from other Asian countries.
• Relocate their industries, shrinking capacity, highlighting the urgency of upgrading
• Increase cost due to Environmental protection awareness.
• Industry 4.0 may change the way customers managing production and reconsider location of production such as move production back to domestic supply chain.