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.
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 US-China trade tensions have led to global IC leader Arrow Electronic's Arrow Asia PAC becoming the next likely candidate for blacklisting by the U.S. Bureau of Industry and Security (BIS) as a military-end-user (MEU), reported local media on Monday. Over the weekend, Arrow has refuted the claim, saying the BIS has pledged to conduct investigations into the matter before publication on the...
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 October industrial production index increased 7.06% YOY, according to the Dept. of Statistics under the Economic Ministry on Tuesday, reaching 122.0, a second-record high in terms of monthly indexes. The latest figures signal consecutive 9-month growth. Statistics Dept. head Huang Wei-chieh said the number of national holidays last month contributed to a slightly lower index than September...
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...
Foxconn will be spearheading an electric vehicle platform called the "MIH Alliance," Foxconn Chairman Young Liu announced on Thursday, slated to attract big global names. Global giants such as Qualcomm, Texas Instruments, and MediaTek are among the 90 companies interested. The MIH aims to see the alliance hit its goals with the most impact in 2025, though Foxconn believe...