TAOYUAN, Taiwan (March 25): United Parcel Service opened a new US$100 million logistics centre in Taiwan on Wednesday, its largest in the Asia Pacific, riding a wave of demand from tech companies. Taiwan is home to TSMC, the world's top contract chip-maker and dominant supplier of the advanced semiconductors powering the boom in AI technologies. "Around 80% of the freight is high-tech," Lauren Zhao, president of UPS Asia Pacific Supply Chain Solutions and Freight Forwarding, told reporters at the new facility. "Everyone knows that Taiwan's semiconductor industry is the most advanced in the world, and the manufacturing processes related to the semiconductor industry are also where Taiwan is leading the world," she added. Kaohsiung is where TSMC is building a large new factory as part of a developing semiconductor cluster in southern Taiwan.

Source: The Edge Markets March 25, 2026 10:56 UTC