With the ongoing U.S.-China trade dispute, uprooted financial sector, sluggish sales for the new Apple smartphone, the manufacturing industry sees a pessimistic forecast for the next six months. This has led to the local manufacturing sector to flash a “yellow-blue” light in October, said Taiwan Institute of Economic Research (TIER) on Thursday, making this the fifth consecutive month of slugg...

Taiwan’s industrial production index saw an eighth year-on-year consecutive month growth in the third quarter this year, rising 8.39% from a year earlier in October, according to the Ministry of Economic Affairs (MOEA). This is due to a stabilized global economy, the MOEA reported. The continual growth behind Taiwan’s industrial production index stems from the island’s traditional industries, ...

Taipei - With government plans to postpone announcing frequency spectrums for 5th generation mobile network (5G) until 2020, renewed interest in how Taiwan mobile network operators and the industry will proceed was ignited as the island’s top regulator National Communications Commission called their updated plans a move as a “smarter follower.” Rather than charging ahead of the pack, the Taiwa...

Taiwan’s exports reaches a second-high for September at US$296.20 billion, compared to the same figures as last year, reported Ministry of Finance (MOF) statistics. The island’s exports have reached a three-month consecutive growth rate, however, among the four prime markets that Taiwan is exporting to, Southeast Asian markets have performed dismally: exports to the region have fallen for thr...

Taipei - In the age of AIoT, companies may be wondering how they are able to do business in a digitalized age that gears towards big data analysis, especially among small-and-medium enterprises, where funding and scale are factors that put them against bigger companies with larger resource pools. AIoT Taiwan is the main theme at 2018 TAITRONICS, which kicked off on Oct. 9 to Oct. 12, and a...

With the trade war between the U.S. and China escalating, Taiwan Institute of Economic Research (TIER) has sounded the alarm as forecasts for both manufacturing and service indexes tumbled. The think tank warned that Taiwan’s business climate will likely see a sudden down drop and urged increased awareness of the potential impact of the trade war would have on Taiwan’s exports. The think tank ...

In a bid to increase cross-country innovative transformation, Foxconn Technology Group was reportedly on the table for potential partnership with the U.S.’ General Electric Company (GE). Reports indicate that GE was offering a good-willed opportunity that was green-lighted by Foxconn CEO and Chairman Terry Guo. Guo reportedly ordered a delegation of high-ranking managers to visit GE subsidiar...

Having gained momentum as the leading trade exhibition and a one-of-its-kind platform for global companies to boost their activities in the Indonesian market, the biennial Indonesian international plastics, printing, packaging and processing show continues to expand its showcase with the best from these diverse industries. The synergistic 3-in-1 colossal exhibition will bring together leaders fro...

In view of 3D printing widely applied in manufacturing activities and expected to bring new opportunities to Taiwan’s healthcare industry, Industrial Technology Research Institute (ITRI) took the wraps off its “AM as a Service” along with a variety of 3D printed medical assistive products and supports developed via the platform at this year’s MEDICARE TAIWAN and SenCARE, running from June 21 thro...

Taiwan-based OEMs (original equipment manufacturer) have become veritable classic business models in world trade, able to take on just about any order in any volume made according to customers’ specifications, and thus have been recognized by foreign customers as the most trustworthy production arms. Yang Light Engineering Company is one such typical OEM in Changhua County, central Taiwan, who...