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.
Media reports Jamicon benefiting the greatest in the Yageo Corporation and Foxconn beginning a strategic collaboration, as the capacitor-maker under Yageo could enjoy a strong growth due to electric vehicle demand. Industry watchers pointed out that while the two firms had no existing partnerships in the past, Foxconn's proactive initiative with Yageo has put the two firms into each others' pa...
According to TrendForce's Topology Research Institute data, global auto sales estimates look optimistic in 2021 and could reach 83.5 million units. Auto brands and Tier 1 suppliers have been rebuilding their inventories this Q4, buoying demand for auto semiconductors. The institute estimates the global auto chips industry value could hit USD$18.67 billion; in 2021, that could grow 12.5% to re...
Global high-end lithium iron phosphate battery maker Aleees saw a rebound in YoY growth, as its combined revenue in November hit NTD$15 million, indicating resumed demand and further increasing its investments in new energy solutions for automotive use. Aleees remarked that the firm is currently replacing its automotive lead-acid batteries with the new lithium iron phosphate options, having be...
Investors are looking into industrial metals, such as copper and nickel, as the COVID-19 vaccine news and the government's stimulus plans have prompted renewed confidence in the manufacturing industry. The vaccine news and U.S. President-elect Joe Biden's win have smoothed out investors' concerns and would serve to bolster the economy. China's increasing procurement of metal products have ...
Taiwan's fasteners have long been the top contributors to the island's exports, renowned globally as a prominent manufacturer. Last year, this island shipped out fasteners valued at USD$4.31 billion, just behind China, Germany, and the U.S. In terms of outbound volume, Taiwan ranks second place worldwide. The local industry here has gained its sterling reputation with their prompt delivery, excel...
The current global supply chain trends would move towards safety-orientation over profits, National Taiwan University Honorary Professor Chen Po-chih said. Chen's remarks come before the "Economic Investment Outlook Seminar" on Dec. 17, hosted by the Economic Daily News, where he is slated as among the keynote speakers. The forum will invite domestic and foreign academics and speakers to analy...
The passive component market could see sustainable yearly growth next year, at approximately 11.1%, markets say, with production capability around 10% and annual demand around 15%. Forecasts also indicate that MLCC and R-chip prices could grow in Q2 and Q3 next year. Domestic market reports point to the growing demand for 5G-capable smartphones, electric vehicles (EV), and automotive electroni...
The Economic Ministry released the manufacturing industry value data for Q3 on Thursday, reporting NTD$3.24 trillion, a 4.56% decline compared to last year's same period, marking a seven-quarter consecutive negative growth. Compared to the decline, as shown in Q2's negative 11.39%-decrease, the Economic Ministry suggested that the economic recession shows recovery signs. The ministry continues...
The latest October passenger car statistics from the China Passenger Car Association (CPCA) showed record-high new energy vehicles (NEVs) vehicle sales, boasting a 21%-growth compared to September. CPCA data indicated October sales hitting 191.992 million vehicles, an 8% yearly increase. New energy-powered cars 134,000 cars were sold, signaling a 112% yearly increase and a 21%-growth compared ...
With the signing of the Regional Comprehensive Economic Partnership (RCEP) — the world's largest free trade area, several of Taiwan's industries could see increased competition, reported the Economic Ministry. RCEP consists of the 10 ASEAN states, Japan, South Korea, Australia, New Zealand, and China. Even without the U.S. and India, the trade zone will cover about 2.2 billion people or 30 per...