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Formosa Chemicals plans to exit petrochemical red ocean and enter high-end electronics

Angel Liu, Taipei; Emily Kuo, DIGITIMES Asia Friday 16 January 2026 0

Credit: DIGITIMES

The petrochemical industry has been stuck in an intensely competitive red ocean market. The Chinese government has begun promoting measures to curb excessive internal competition, and the cycle of low-price competition is expected to ease in 2026. Formosa...

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