I feel like Taiwan represents a talent opportunity like no other. I dream of starting an engineering company there that is literally a clone of some upcoming business model, and doing nothing but capping the work week at 40 hours and guaranteeing 4 weeks vacation. I could snipe the best talent on hand in the country, which is at the very least equal to some of the best silicon valley has to offer, at nearly half the rates. Lord forbid we target foreign contracts and the company can pay near US rates. I'd pilfer everyone's engineering department ;)
Overworked, underpaid, extremely competent was my experience of Taiwanese engineering. Google is good to step up in Taiwan - I believe it will pay dividends for them. I wonder what the Google work culture and salaries are like for their Taipei 101 office engineers? Last I checked it was about 2,000$/month for entry level.