Taiwan in April 2026: the most important developments in economy
In April 2026, Taiwan's economy was shaped above all by the chipmaker TSMC. The company reported record profits and raised its forecasts on demand for AI chips, after a first-quarter revenue surge that beat market expectations. On April 24, TSMC shares rose after Taiwan lifted the single-stock investment limit for funds, allowing more capital to flow into the company. Foxconn also reported higher first-quarter revenue, and Mitsubishi Electric was reported to be considering a tie-up with it.
Cross-Strait economic measures also featured. China announced economic incentives for Taiwan following a visit to Beijing by Kuomintang leader Cheng Li-wun, and a business representative said stronger cross-Strait cooperation matters particularly for Taiwan-funded enterprises. On April 24, China banned the export of dual-use items to seven European entities, citing their involvement in arms sales to Taiwan; the firms include companies from Italy and the Netherlands. In Taiwan, downloads of China's Amap app rose after the island's authorities floated a possible ban, and a report said young Taiwanese on low wages are increasingly turning to the stock market to build wealth.
by WorldBrief & Maksim Micheliov | AI-generated summary
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