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flag Taiwan to exceed South Korea in GDP per capita by 2025, led by TSMC's global chip dominance and AI demand.

flag Taiwan is projected to surpass South Korea in GDP per capita by 2025, driven by the global success of Taiwan Semiconductor Manufacturing Co. (TSMC) and rising demand for artificial intelligence technologies. flag TSMC, the world’s leading contract chipmaker, holds a 70.2% share of the global pure foundry market, benefiting from strong client relationships and strategic export controls. flag This economic momentum, supported by Taiwan’s leadership in advanced semiconductor production, is expected to boost the island’s per capita income to $38,066, slightly exceeding South Korea’s forecasted $37,430.

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