These are in-depth pre- and post-show reports on major international trade fairs, held in Taiwan and other countries with significant participation by Taiwanese manufacturers and exporters. They are offered to help global buyers and other readers better understand what is going on at the fairs and the latest offerings by Taiwanese exhibitors.
The furniture industry is experiencing a surge in demand ahead of the Lunar New Year celebration in January. Scanteak reported its third-highest revenue for the month, while BAUSEN also achieved its second-highest revenue during the same period. BAUSEN, with a primary market in the U.S., is optimistic about the rising demand for home decoration spurred by the housing market. Taiwan's premier f...
At CES 2024, leading Taiwanese panel manufacturers AUO and Innolux present cutting-edge display technology. AUO introduces the company’s revolutionary Micro LED. It will highlight a range of in-vehicle display HMI solutions and extended mobility applications, envisioning the future of smart mobility. Meanwhile, CarUX, a subsidiary of Innolux, unveils the world's first Privacy technology and Invis...
Taiwan, the third-largest manufacturing country globally, boasts an annual production value surpassing US$4 billion. This remarkable output is generated by over 2,300 hand tools manufacturers on the island, and it holds the prestigious position as the world's leading OEM for middle and high-end hand tools. Since the 1970s, the Taiwanese hand tools industry emerged out of the need for maintenan...
In response to the surge in smart manufacturing, the China Steel Machinery Corporation (CSMC), a member of the China Steel Corporation (CSC) Group, has not only incorporated intelligent machine control, laser marking, and rust removal technologies in the machine factory this year but has also successfully pioneered welding automation technology in the cold welding factory. Notably, the "Gantry-ty...
To address the challenges posed by global inflation and the repercussions of the Russo-Ukrainian War, the International Trade Administration, Ministry of Economic Affairs (MOEA), has commissioned the Taiwan External Trade Development Council (TAITRA) to orchestrate collaborative efforts within the precision components, hand tools, and hardware sectors. The objective is to enhance overseas marketi...
On September 27, Barry Lam, Chairman of Quanta Computer, addressed the rapid escalation of AI computing power, stating that it is doubling every three months, a pace even faster than Moore's Law, which doubles every two years. Additionally, Lam refuted the rumor that "Microsoft canceled lots of AI orders from Quanta" and emphasized that Quanta has consistently received substantial orders. Duri...
The era of self-driving vehicles has arrived! In recent years, almost every major car manufacturer has been dedicated to R&D for such technology. With the aim to dominate the market, they are striving to develop complete and mature solutions as soon as possible. As of now, Tesla has already built Level 2 driving automation features like "traffic-aware cruise control" and "autosteer" into their...
The outlook for the automotive aftermarket appears promising! According to a report by The Business Research Company, market size of the aftermarket sector is projected to reach US$1237.49 billion by 2026, with a compounded annual growth rate of 10.3%. Additionally, Grand View Research forecasts the sector will witness a global compounded annual growth rate of 4.0% from 2023 to 2030. Various sign...
The year 2022 was marked by a series of significant global challenges, including the China-US trade dispute, the COVID-19 pandemic, escalating ocean freight expenses, disruptions in the global supply chain, and the prolonged Russia-Ukraine war. Consequently, price hikes of natural gas, petroleum, and food lead to soaring inflation. To address these economic hardships, major economies like the EU ...
In recent years, Taiwanese manufacturers of plastic and rubber machinery have generally seen substantial growth. Factors behind the thriving landscapes include the surge in consumption in emerging countries, the rapid expansion of the packaging business due to the proliferation of global e-commerce, the momentum of the automobile industry, and the boom in health care and medical services amid the...