Saxony Economic Development Corporation: WFS and AHK Taiwan agree on cooperation to expand activities in Taiwan

“The Taiwan sales market has become noticeably more important for Saxony in recent years. Taiwan is a key economic partner for Saxony and a global leader in central industries of the future – especially semiconductors, electronics and precision manufacturing. This ties in directly with Saxony’s strengths in microelectronics, automotive and mechanical engineering. For Saxony as a business location, this means reliable supply chains, access to cutting-edge technological expertise and opportunities for investment, research cooperation and the internationalization of Saxon companies. Because we are Europe’s number one in microelectronics, the Free State of Saxony has already made a name for itself in Taiwan. Saxony’s now even closer cooperation with the AHK Taiwan will help us to show an even stronger presence on the island as the Free State of Saxony. We are looking forward to this cooperation,” explains Dirk Panter, Minister of State for Economic Affairs, Labor, Energy and Climate Protection.

“We are delighted to have gained an experienced and established partner in AHK Taiwan for the further development of the Taiwanese market and the expansion of cooperation with Taiwan. We hope that this will enable us to provide more effective support for Saxon companies locally and to acquire potential investors in a more targeted manner. This also gives us the opportunity to further establish Saxony as an ecosystem and hub for Taiwanese companies in Europe,” explains WFS Managing Director Thomas Horn.

International WFS representative

In order to implement its tasks in relevant foreign markets, WFS uses the support of local partners and representatives. Specifically, this includes providing information on export opportunities and cooperation possibilities, establishing contacts between companies from Taiwan and Saxony, marketing Saxony as a business location in Taiwan, supporting Saxon delegations and organizing specialist events on site.

Further activities in Asia

Other relevant dates in the course of the year are SEMICON Taiwan from September 1 to 4 and SEMICON Japan from December 9 to 11, where Saxon companies will once again be represented as part of a German Pavilion. At the beginning of February 2026, the WFS presented Saxony as a business location at SEMICON Korea in Seoul and promoted joint projects.

Economic relations between Taiwan and Saxony

The growth in foreign trade relations between Saxony and Taiwan is also underlined by the foreign trade figures. In the 3rd quarter of 2025, Taiwan ranked 9th in Saxony’s exports with 1.37 billion euros. Exports increased by 20 percent compared to the previous year. The main export goods by far are electrical engineering products. They are followed by automotive products and chemical primary products. In terms of imports, Taiwan ranks 12th, with imports of Taiwanese products and goods increasing by 35%. Electrical engineering products are also in first place, followed by bicycles and mechanical engineering products.

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Further links

👉 To the original report

👉 To the economic development website