Learn Korean: Taiwan's Two-Faced 7% Growth

Korean Reading Practice

‘성장률 7%’ 타이완 경제의 두 얼굴

Date: January 31, 2026

1Introduction

This reading material will discuss the two faces of Taiwan's economy, which has seen a remarkable 7% growth rate recently. We will explore the factors behind Taiwan's economic success, particularly in the technology sector, and compare it to the performance of other East Asian economies.

2Vocabulary

Korean Romanization Meaning Example
성장률 seong-jang-ryul growth rate 타이완의 성장률은 7%입니다.Taiwan's growth rate is 7%.
얼굴 eol-gul face 이 경제는 두 가지 얼굴이 있습니다.This economy has two faces.
독주 dok-ju domination TSMC의 독주가 여전합니다.TSMC's domination continues.
강소 기업 gang-so gi-eop small but strong company TSMC는 전형적인 강소 기업입니다.TSMC is a typical small but strong company.
히든 챔피언 hid-den cham-pion hidden champion TSMC는 탄탄한 히든 챔피언입니다.TSMC is a solid hidden champion.
조립 jo-rip assembly 폭스콘은 아이폰을 조립합니다.Foxconn assembles iPhones.
설계 seol-gye design 미디어텍은 안드로이드폰 AP를 설계합니다.MediaTek designs Android phone APs.
수출 su-chul export 타이완의 IT 제품 수출이 증가했습니다.Taiwan's IT product exports increased.
전형적 jeon-hyeong-jeok typical TSMC는 전형적인 강소 기업입니다.TSMC is a typical small but strong company.
탄탄하다 tan-tan-ha-da solid, sturdy TSMC는 탄탄한 히든 챔피언입니다.TSMC is a solid hidden champion.
날다 nal-da to fly 폭스콘과 미디어텍은 '훨훨' 날고 있습니다.Foxconn and MediaTek are 'flying high'.
증가하다 jeung-ga-ha-da to increase 타이완의 IT 제품 수출이 증가했습니다.Taiwan's IT product exports increased.

3Reading Text

타이완 경제는 최근 7%의 놀라운 성장률을 기록했습니다. 하지만 이 경제는 두 가지 얼굴이 있습니다. 한편으로는 TSMC와 같은 강소 기업들이 세계를 주도하고 있고, 다른 한편으로는 여전히 해결해야 할 문제들이 존재합니다.

Taiwan's economy has recently recorded a remarkable 7% growth rate. However, this economy has two faces. On one hand, small but strong companies like TSMC are leading the world, while on the other hand, there are still issues that need to be addressed.

TSMC의 독주는 여전합니다. 이 회사는 전형적인 '강소 기업'이자, 탄탄한 '히든 챔피언'입니다. TSMC 뿐만 아니라, 아이폰을 조립하는 폭스콘과 안드로이드폰 AP를 설계하는 미디어텍도 '훨훨' 날고 있습니다. 지난해 타이완의 IT 제품 수출은 1년 전보다 53% 증가했습니다.

TSMC's domination continues. This company is a typical small but strong company and a solid 'hidden champion'. Not only TSMC, but also Foxconn, which assembles iPhones, and MediaTek, which designs Android phone APs, are 'flying high'. Last year, Taiwan's IT product exports increased by 53% compared to the previous year.

하지만 이러한 성과에도 불구하고, 타이완 경제에는 여전히 해결해야 할 문제가 있습니다. 특히 인구 고령화, 저출산, 그리고 정치적 불안정 등의 이슈가 있습니다. 이러한 과제들을 잘 해결한다면, 타이완 경제는 더욱 발전할 수 있을 것입니다.

Despite these achievements, there are still issues that the Taiwanese economy needs to address. In particular, there are issues such as an aging population, low birth rate, and political instability. If Taiwan can well address these challenges, its economy can develop further.

4Comprehension Questions

  1. What is Taiwan's recent economic growth rate?
  2. What are the two faces of Taiwan's economy?
  3. What are some examples of Taiwan's leading technology companies?
  4. How much did Taiwan's IT product exports increase last year?
  5. What are some of the challenges facing the Taiwanese economy?

5Cultural Notes

Taiwan is known for its strong technology sector, which has played a crucial role in its economic development. Companies like TSMC, Foxconn, and MediaTek have become global leaders in their respective fields, showcasing Taiwan's innovation and manufacturing capabilities. This economic success, however, coexists with demographic and political challenges that the country needs to address to ensure sustainable growth.

Source: 네이버 뉴스 | Original Article

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