Taiwan's Textile Industry Looks to Cross-Sector Cooperation for Growth

TaiwanPlus News

Taiwan’s world-leading textile sector is pursuing a cross-industry collaboration strategy to stay competitive amid global trade uncertainties. Industry leaders stress that partnerships will be the key to overcoming tariffs, cheap competition and evolving market demands.

Transcript

00:00Taiwan has revealed its development strategy to stay competitive in an involving textile industry

00:05and to maintain its position as a leader in this valuable sector.

00:21Gong was speaking at an annual industry event where local sector leaders emphasized the need

00:26to find new ways to navigate global market uncertainties and competition.

00:30They said cross-industry collaboration will be the way forward.

00:33Taiwan's textile industry has now started to find a new place to be able to set up the

00:41supply chain, even in the international countries' competition.

00:45So, the cross-industry collaboration is a path that needs to go.

00:49Apple has also been buying in Taiwan.

00:53Apple's earphones, Apple's iPod, and the speakers' speakers are also made from Taiwan.

01:01Taiwan's textile industry is worth over 40 billion US dollars and it produces more than

01:0870% of the world's functional fabrics

Category

Transcript

Be the first to comment

Recommended