It used to be that when an item is “made in Taiwan,” it’s a cheap knock-off that’s bound to break down after a few uses or a short period of time. Now, however, Taiwan is at the forefront of technological innovation, with development of customer-grade and high-end computer systems. For instance, did you know that majority of the laptop computers shipped worldwide were made in Taiwan by little-known—but very large—production companies that manufacture computers to specification by their American or European clients?
This only means one thing: in the business of offshoring, “cheaper” doesn’t always translate to “lower quality.” Companies have made their systems more efficient, capital, technology, and labor-wise that they can afford to do things at a lower price than, say, if these business processes were done in more expensive locations in the world. In this case, when efficiency means either lower cost or higher quality output, it’s likely to be both—high quality at a low cost.