What Happened
Government Sees Opportunity In Non-China Supply Chains
The Ministry of Economic Affairs in Taiwan has increased its forecast for the country’s drone industry output to about NT$50 billion (US$1.57 billion) by 2030, driven by rapidly growing demand. The government is promoting the drone industry through public sector and defense demand, and is supporting the sector through its uncrewed vehicle industry development program. According to the Taipei Times, Taiwan aims to increase its domestic manufacturing capability to 90% by 2030, with a focus on key drone technologies and components.