Research Reports


Topology

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Topology Research Institute (TRI) was founded in 1996 and since then has become a research powerhouse that provides critical insights on a wide range of industries, including semiconductor, telecommunication, IoT, AI, and other emerging technologies. Armed with real-time information and data, we also provide customized advisory services and events, sharing vision on risk and opportunity in the industry. The market insights we provide give our clients a richer view of the industry and the information they need to make smarter decisions.





Research Team


Research Team




  • Ray Hsiao

    Analyst

    Ray's research covers smartphone-related industries, including optical lens, polymer antennas, thermal modules, and fingerprint on display.

    Full Bio

    Name:Ray Hsiao

    Position:Analyst

    Research Areas:Smartphone

    Professional Experience:

    First Securities Bond trader, UniVenture Valuator

    Academic Background:

    MSc, Department of Banking and Finance, National Chi Nan University

    Ray's research covers smartphone-related industries, including optical lens, polymer antennas, thermal modules, and fingerprint on display.


  • Wendy Cheng

    Analyst

    Wendy possesses considerable expertise in the market and technological analysis of wireless communications, fixed broadband, and V2X industries. Prior to joining TrendForce, she served in an investment advisory firm and a think tank.

    Full Bio

    Name:Wendy Cheng

    Position:Analyst

    Research Areas:Wireless Communications, Fixed Broadband, V2X

    Professional Experience:

    President Asset Management Corp., Analyst
    Taiwan Research Institute, Research Fellow

    Academic Background:

    M.A., Institute of Economics, National Taiwan University

    Wendy possesses considerable expertise in the market and technological analysis of wireless communications, fixed broadband, and V2X industries. Prior to joining TrendForce, she served in an investment advisory firm and a think tank.


  • Ellie Lai

    Analyst

    Lai’s research mainly covers the emerging market for smart home technologies, with special focus on end products such as smart speakers. Her current role is to provide tracking analyses of OEMs’ product strategies and the industry’s development trends. 

    Full Bio

    Name:Ellie Lai

    Position:Analyst

    Research Areas:Smart Speakers, Smart/AI-Powered TVs, Smart Home/Life Industry

    Professional Experience:

    Coordinate Editor, The Reporter;
    News Reporter, DIGITIMES

    Academic Background:

    MA, The Graduate Institute of Journalism at National Taiwan University

    Lai’s research mainly covers the emerging market for smart home technologies, with special focus on end products such as smart speakers. Her current role is to provide tracking analyses of OEMs’ product strategies and the industry’s development trends. 


  • Candice Lu

    Analyst

    Prior to joining TrendForce, Lu worked as an assistant engineer at MediaTek. She now draws on her wealth of experience in the technology sector to provide comprehensive analyses of the latest trends in the computer industry in Taiwan and elsewhere. Her research coverage encompasses the supply chains for NBs, IPCs, and servers.

    Full Bio

    Name:Candice Lu

    Position:Analyst

    Research Areas:NBs, IPCs, Servers

    Professional Experience:

    Assistant Engineer, MediaTek

    Academic Background:

    MA, Institute of Sociology at National Tsing Hua University (MA Program in Contemporary China Studies)

    Prior to joining TrendForce, Lu worked as an assistant engineer at MediaTek. She now draws on her wealth of experience in the technology sector to provide comprehensive analyses of the latest trends in the computer industry in Taiwan and elsewhere. Her research coverage encompasses the supply chains for NBs, IPCs, and servers.


  • Chris Hsu

    Senior Analyst

    Research in automotive semiconductor industry, power semiconductor industry and supply chain, automotive IDM company market share and technology development.

    Equipment Engineer and process engineer in TSMC, specialized in advanced process node manufacturing.

    Full Bio

    Name:Chris Hsu

    Position:Senior Analyst

    Research Areas:Automotive semiconductor, Power, Semiconductor, IDM Company market share and technology development

    Professional Experience:

    Equipment Engineer, TSMC
    Process Engineer, TSMC

    Academic Background:

    Master of Mechanical Engineering, National Cheng Kung University
    Bachelor of Mechanical Engineering, National Cheng Kung University

    Research in automotive semiconductor industry, power semiconductor industry and supply chain, automotive IDM company market share and technology development.

    Equipment Engineer and process engineer in TSMC, specialized in advanced process node manufacturing.


  • John Wang

    Analyst

    Focuses on the developments and trends of compound semiconductors and the semiconductor packaging and testing industry; previously worked in research and development of related technologies at Innolux and ITRI.

    Full Bio

    Name:John Wang

    Position:Analyst

    Research Areas:Compound Semiconductors and the Semiconductor Packaging and Testing Industry

    Professional Experience:

    Innolux Corporation, Technology and Development Engineer
    Industrial Technology Research Institute (ITRI), Associate Researcher

    Academic Background:

    B.S., Department of Materials Science and Engineering, National Chiao Tung University
    M.S., Department of Materials Science and Engineering, National Chiao Tung University

    Focuses on the developments and trends of compound semiconductors and the semiconductor packaging and testing industry; previously worked in research and development of related technologies at Innolux and ITRI.


  • P.K Tseng

    Analyst

    P.K has served in a management consulting firm and a think tank, with experience in technology policy analysis, digital transformation, and energy research. P.K’s current research focuses on trends and technological developments in the markets of cloud computing and IoT.

    Full Bio

    Name:P.K Tseng

    Position:Analyst

    Research Areas:Cloud Computing, IoT

    Professional Experience:

    Assistant Manager, China Productivity Center
    Assistant Research Fellow, Taiwan Institute of Economic Research

    Academic Background:

    MSc Management and Organisational Innovation, Queen Mary, University of London
    MSc Finance with Risk Management, Bournemouth University

    P.K has served in a management consulting firm and a think tank, with experience in technology policy analysis, digital transformation, and energy research. P.K’s current research focuses on trends and technological developments in the markets of cloud computing and IoT.


  • Caroline Chen

    Research Assistant Manager

    Ms. Chen’s current research covers trends in the global automotive market and critical automotive technologies, including electric vehicles and autonomous cars.

    Full Bio

    Name:Caroline Chen

    Position:Research Assistant Manager

    Research Areas:Automotive technology

    Professional Experience:

    Taiwan TUV Rheinland

    Academic Background:

    Yuan Ze University, MBA

    Ms. Chen’s current research covers trends in the global automotive market and critical automotive technologies, including electric vehicles and autonomous cars.


  • Jeter Teo

    Research Director

    Prior to joining TrendForce, Teo led and executed research projects for agencies under the Ministry of Economic Affairs and for the National Development Council in Taiwan. In addition to planning and managing projects, he also assists in the writing of reports. Topics that Teo has covered include technology industry zones in China (e.g. Beijing’s Zhongguancun) as well as specific subjects such as semiconductors, smart technologies and digital content industries.

    Full Bio

    Name:Jeter Teo

    Position:Research Director

    Research Areas:Industrial Policies, China’s and Taiwan’s Technology Industries, Semiconductor Sector, Digital Content Industry and Digital Economy

    Professional Experience:

    Topology Research Institute of TrendForce

    Academic Background:

    B.S., Department of Chemical Engineering, National Taiwan University

    Prior to joining TrendForce, Teo led and executed research projects for agencies under the Ministry of Economic Affairs and for the National Development Council in Taiwan. In addition to planning and managing projects, he also assists in the writing of reports. Topics that Teo has covered include technology industry zones in China (e.g. Beijing’s Zhongguancun) as well as specific subjects such as semiconductors, smart technologies and digital content industries.


  • Nieves Huang

    Analyst

    Huang has extensive experience in mobile devices and mobile application services. She currently focuses on the development of IoT solutions for intelligent buildings and carries out special research project issued by government agencies and industries.

    Full Bio

    Name:Nieves Huang

    Position:Analyst

    Research Areas:IoT and Government/Enterprise Project Consulting Service

    Professional Experience:

    Mobile Device/Internet Application Technical Support, Taiwan Star Telecom
    Telemarketer, Nielsen Holdings PLC
    Staff at Management Department, Zippy Technology Corporation

    Academic Background:

    Master’s Degree, College of Hospitality & Tourism Management, Jinwen University of Science and Technology

    Huang has extensive experience in mobile devices and mobile application services. She currently focuses on the development of IoT solutions for intelligent buildings and carries out special research project issued by government agencies and industries.


  • CY Yao

    Senior Analyst

    Yao has seven years of experience as a technology news journalist providing in-depth reporting on topics such as EDA, processors, MCU and analog components. As a member of TRI’s semiconductor team, Yao investigates competition strategies in the semiconductor sector, tracks developments in chip design/applications and assembles valuable databases.

    Full Bio

    Name:CY Yao

    Position:Senior Analyst

    Research Areas:Co-opetition Strategy of IDM and Fabless, Chip Design, Various End-Applications

    Professional Experience:

    TRI of TrendForce, Associate Analyst in Semiconductor Division
    CTIMES, Senior journalist

    Academic Background:

    B.B.A, Hsuan Chuang University

    Yao has seven years of experience as a technology news journalist providing in-depth reporting on topics such as EDA, processors, MCU and analog components. As a member of TRI’s semiconductor team, Yao investigates competition strategies in the semiconductor sector, tracks developments in chip design/applications and assembles valuable databases.


  • Jack Yang

    Director

    In addition to his experience in assisting companies to list on securities exchanges and raise funds, Yang has also worked on special research projects issued by government agencies and industries.

    Full Bio

    Name:Jack Yang

    Position:Director

    Research Areas:Government/Enterprise Project Consulting Service

    Professional Experience:

    Assistant Manager, SinoPac Securities 

    Academic Background:

    M.Sc., Finance, Fu Jen Catholic University

    In addition to his experience in assisting companies to list on securities exchanges and raise funds, Yang has also worked on special research projects issued by government agencies and industries.


  • Patrick Lin

    Analyst

    As a veteran solar industry specialist, Lin is currently responsible for analyzing installation demand, policies, market trends and financial reports for TrendForce's green energy division. He formerly worked at PIDA and authored many articles for the company's annual review and monthly magazine columns on the PV market.

    Full Bio

    Name:Patrick Lin

    Position:Analyst

    Research Areas:PV Market Trends, Policies, Financial analysis

    Professional Experience:

    Photonics Industry Development and Technology Association (PIDA)

    Academic Background:

    Tunghai University, Master’s degree in Physics.
    University of Southampton, PGDip in Business Analytics and Management Science 

    As a veteran solar industry specialist, Lin is currently responsible for analyzing installation demand, policies, market trends and financial reports for TrendForce's green energy division. He formerly worked at PIDA and authored many articles for the company's annual review and monthly magazine columns on the PV market.


  • Kelly Hsieh

    Research Vice President

    She specializes primarily on mobility, information security services, and the Internet of Things. Her research covers various research areas, including smart phones, and studies vendors’ business strategies, the mobile strategies of operators, and ecosystem in worldwide.She participated in the following projects commissioned by Taiwan’s Ministry of Economic Affairs: iB3G Project, M-Taiwan. She has also done studies for Tatong, Huawei, Konka, Haier, and other enterprises.

    Full Bio

    Name:Kelly Hsieh

    Position:Research Vice President

    Research Areas:Cell Phones and Telecommunication Industry

    Professional Experience:

    Bank SinoPac, Accounts Officer
    Market Intelligence & Consulting Institute (MIC), Analyst
    Corporate Synergy Development Center (CSD), Engineer

    Academic Background:

    M.B.A., Institute of Business & Management, National Chiao Tung University
    Bachelor’s degree, Risk Management and Insurance, National Chengchi University

    She specializes primarily on mobility, information security services, and the Internet of Things. Her research covers various research areas, including smart phones, and studies vendors’ business strategies, the mobile strategies of operators, and ecosystem in worldwide.She participated in the following projects commissioned by Taiwan’s Ministry of Economic Affairs: iB3G Project, M-Taiwan. She has also done studies for Tatong, Huawei, Konka, Haier, and other enterprises.


  • Jason Tsai

    Research Manager

    As a veteran consumer electronics analyst, Tsai specializes in uncovering industry trends and analyzing companies. His research range from digital imaging (digital cameras, camera modules); HCI (game consoles, audio and 3D sensing technologies); and to the expanding industry of wearable computers.

    Full Bio

    Name:Jason Tsai

    Position:Research Manager

    Research Areas:Wearables, Digital Cameras, Game Consoles, User interface, TV, AR/VR

    Professional Experience:

    Topology Research Institute: Since 2009 

     

    Academic Background:

    National Taiwan University College of Management, Business Administration

    As a veteran consumer electronics analyst, Tsai specializes in uncovering industry trends and analyzing companies. His research range from digital imaging (digital cameras, camera modules); HCI (game consoles, audio and 3D sensing technologies); and to the expanding industry of wearable computers.


  • H.P. Chang

    Chief Operating Officer

    H. P. Chang accumulated nearly ten years of working experiences in purchasing, administration, and sales. In spring 2006, H. P. Chang officially joined WitsView, the global famous display research division of TrendForce. With his abundant career experiences, H. P. Chang led the research team to continue growing in the world wide display industry, by building professional market information analytical models and using foresight research methods. In August 2013, H. P. Chang officially took over the research department of TrendForce. His research fields extended from TFT-LCD to memory, LED and PV. In early 2015, Trendforce acquired and merged TRI. Immediately H. P. Chang started to lead the TRI research team. His research fields extended to IC, communication, consumer products, innovative technology, and automotive technology. To him, analysts are the most important assets of the company. Intelligence in the knowledge economy is a must-have for giant enterprises to advance. With the most comprehensive research team, the world-wide industry consulting group, TrendForce & TRI are able to provide clients, industries and governments the most real-time, professional and foresight industry research outcomes.

    Full Bio

    Name:H.P. Chang

    Position:Chief Operating Officer

    Research Areas:TrendForce and TRI research center

    Professional Experience:

    TrendForce, 2006 - present
    CPT, Sales Dept., 2.5 years
    Taiwan Mobile, Executive Dept., 3 years
    Evergreen Sky Catering, Procurement Dept., 4.5 years

    Academic Background:

    Bachelor's degree: Foreign Language and Literature, National Chung-Hsing University

    H. P. Chang accumulated nearly ten years of working experiences in purchasing, administration, and sales. In spring 2006, H. P. Chang officially joined WitsView, the global famous display research division of TrendForce. With his abundant career experiences, H. P. Chang led the research team to continue growing in the world wide display industry, by building professional market information analytical models and using foresight research methods. In August 2013, H. P. Chang officially took over the research department of TrendForce. His research fields extended from TFT-LCD to memory, LED and PV. In early 2015, Trendforce acquired and merged TRI. Immediately H. P. Chang started to lead the TRI research team. His research fields extended to IC, communication, consumer products, innovative technology, and automotive technology. To him, analysts are the most important assets of the company. Intelligence in the knowledge economy is a must-have for giant enterprises to advance. With the most comprehensive research team, the world-wide industry consulting group, TrendForce & TRI are able to provide clients, industries and governments the most real-time, professional and foresight industry research outcomes.