International Business in Taiwan

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International BusinessinTaiwan

Team 1Natalie B.

Alex B.Will C.

Darien H.Eric L.

Chase V.B.

Apple Supplier is Accused of Labor ViolationsNew York Times, 9/3/2014

Catcher Tech.

Factory in China

AppleInc.

“Deeply concerned, will follow Apple’s supplier code of conduct”

“Found concrete areas of improvement, will follow-up and investigate”

Apple Supplier is Accused of Labor ViolationsNew York Times, 9/3/2014

Catcher Tech.

Factory in China

AppleInc.

Apple Inc.

38 200

China

JapanKorea

Land: 272%Population: 13.7%

Japan

Economic Climate

CapitalistExport-Driven

Decreasing Government InvolvementOpen Trade

Political Climate

DemocraticPeople-Elected PresidentEncourage Development

Two Major Political Parties

The U.S. is Taiwan’s

4th Largest Trading Partner

Taiwan’s Balance of Trade

with the U.S.:

- $10.74 B

Taiwan USElectrical Machinery

VehiclesIron & Steel Products

PlasticPrivate Commercial

Services

US TaiwanMachinery

AircraftMedical InstrumentsAgricultural ProductsPrivate Commercial

Services

Taiwan has Tariff on…Motorcycles

Agricultural ProductsSoda Ash

Alcohol Beverages

Taiwan has Quota on…Agricultural ProductsMeat (Beef and Pork)

Rice

1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 20140

100

200

300

400

500

600

Taiwan's GDP from 1994 to 2014 (in U.S. Dollars)

GDP (in US$)

Service (68.6%)Industry (29.4%)

1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 20140

100

200

300

400

500

600

Taiwan's GDP from 1994 to 2014 (in U.S. Dollars)

GDP (in US$)

1994$252.70 B

Service (68.6%)Industry (29.4%)

1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 20140

100

200

300

400

500

600

Taiwan's GDP from 1994 to 2014 (in U.S. Dollars)

GDP (in US$)

1994$252.70 B

2014$505.45 B

Service (68.6%)Industry (29.4%)

New Taiwanese Dollars (NTD, NT$)

1 US Dollar = 31 New Taiwanese Dollars

Fluctuation of New Taiwanese Dollar from 1990 to 2014

GlobalEconomy Recession

TechnologyIndustry

Development

Average Daily Wage Taiwan:US$ 51

Minimum Wage Taiwan: US$3.83

The U.S.: US$7.25

One Loaf of Bread Taiwan – US$1.33

The U.S. – US$2.00

One AppleTaiwan – US$0.83

The U.S. – US$0.45

One Big Mac from McDonald’s Taiwan – US$2.63 The U.S. – US$4.01

One Unlocked iPhone 6 Taiwan – US$750

The U.S. – US$649 (+tax)

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