Taiwan has spawned global high-tech giants such as the world’s largest contract chip maker TSMC and Apple AAPL +0.95% device assembler Hon Hai Precision. One day they needed cash to get going, and today the island dubbed a hub for high-tech hardware has its share of startups such as a 3D printing outfits and people building apps with help from Facebook. Strange then that the Taiwan Venture Capital Association reports a quickly declining total pool of capital. The total comes to $4.78 billion now, with $1.3 billion in dry powder and the rest under management, compared to a total $7.76 billion in 2000, the association calculates.
