The objective of this project is to support IEK-ITRI Taiwan in setting up its own Observatory to track selected technologies, similar to the set-up of the KETs Observatory. The focus of the Taiwan Observatory will be on semiconductors. Firstly, a demarcation of the semiconductor industry will take place, followed by a selection of relevant codes. Secondly, a refinement of the codes will happen based on Taiwanese data and insights to adapt it to the local Taiwanese dynamics. Thirdly, the results will be evaluated and interpreted in an international context. Fourthly, the Taiwan Observatory will be presented to Taiwanese stakeholders.