8/9/2019 Describing Product or Service Development (ii)

1/15

Describing Product or Service

Development()

http://www.chineseowl.idv.tw

http://www.chineseowl.idv.tw/http://www.chineseowl.idv.tw/

8/9/2019 Describing Product or Service Development (ii)

2/15

1. Introduce the current status of product or service

development.

2. Describe its market value.

3. Point out unique features and characteristics of productor service development.

4. List major manufacturers of this product or service inTaiwan.

5. Explain the rationale for further product or service

development in this area.

8/9/2019 Describing Product or Service Development (ii)

3/15

3. Point out unique features and

characteristics of product or

service development.

8/9/2019 Describing Product or Service Development (ii)

4/15

As nearly 70% of these products are

imported from abroad, the market

opportunities for domestic manufacturers

are immense, with the added potential of

developing food products that are more

palatable with to local tastes.

8/9/2019 Describing Product or Service Development (ii)

5/15

While Taiwans automotive industry is

unable to replace imported models directly,

locally producing a popular imported brand

such as the Accord RP-WC is a viablealternative while, at the same time,

satisfying consumer demand.

8/9/2019 Describing Product or Service Development (ii)

6/15

The strong demand for cosmetic surgery

closely corresponds not only to the public

perception that an attractive appearance is

vital for professional and social settings,but also to the beliefs of many Taiwanese

that ones face or body can influence ones

fate, as postulated by Chinese geomantictheory.

8/9/2019 Describing Product or Service Development (ii)

7/15

4. List major manufacturers of

this product or service in

Taiwan.

8/9/2019 Describing Product or Service Development (ii)

8/15

With Suzuki, Nissan, Formosa and

Hyundai Motor Corporations taking the

initiative in Taiwan, automobile

manufacturing has approached a certaindegree of maturity given the advanced

production technologies adopted, variety

in exterior and the latest product functions.

8/9/2019 Describing Product or Service Development (ii)

9/15

As the main competitor of PHS in theislands mobile phone market, ChunghwaTelecom Company, Taiwan Mobile

Company and Far EastoneTelecommunications Company havegained a market niche through their salespromotional strategies that cater to

customer needs in order to ensure flexibleand reliable communication.

8/9/2019 Describing Product or Service Development (ii)

10/15

Several collaborative efforts are underway

among multidisciplinary experts to further

develop Chinese herbal medicine, as

evidenced by the growing number oftechnology transfers from research

institutes, teaching hospitals and clinical

testing centers to local industry forcommercialization.

8/9/2019 Describing Product or Service Development (ii)

11/15

5. Explain the rationale for further

product or service

development in this area.

8/9/2019 Describing Product or Service Development (ii)

12/15

Widespread commercialization of solar

energy technology depends on the ability

to make it convenient and accessible,

while popularizing its appeal amongenvironmentally conscious individuals.

8/9/2019 Describing Product or Service Development (ii)

13/15

Continued growth of this sector largely

depends on the ability of local

manufacturers to continuously adopt new

manufacturing technologies and offervariety in exterior features and digital

products in the interior.

8/9/2019 Describing Product or Service Development (ii)

14/15

Continuously developing this market sector depends onthe ability to adopt the latest technical advances inproduction and food preparation, with particularemphasis on the following: adoption of the latest

verification technologies such as toxicity testing toensure food safety, analysis of the incorporation ofunique ingredients such as those coming from Chineseherbal medicine, promotion of biotechnology-basedhealth care drinks, utilization of molecular biotechnology

and fermented technology to develop new food productsand enhancement of extraction and purificationprocedures during food processing.

8/9/2019 Describing Product or Service Development (ii)

15/15

Further details can be found at

www.chineseowl.idv.tw

http://www.chineseowl.idv.tw/http://www.chineseowl.idv.tw/