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.
With its moniker of the “Hand Tools Kingdom,” Taiwan has continued to ride on a robust competitive outbound performance. From focusing on OEM, the hardware industry is now venturing into R&D and developing brand awareness. The sector is also more likely to deal with orders in a group than the past’s individualistic approach. While the rest of the world continued to grapple with the COVID-19 outbr...
ITRI and Synopsys Inc. announced on October 21 that they jointly established the AI Chip Design Lab at ITRI headquarters in Hsinchu to help Taiwan’s semiconductor industries gain an advantage in the age of AI and 5G technology. The aim is to incentivize more businesses to invest in device-end AI chip technology and help accelerate AI chip development in local semiconductor industries. Der-Shen...
Foxconn is looking to explore cooperation with European tier 1 auto parts suppliers in developing 3D auto-use curved glass covers. The electronics manufacturer is also reportedly engaging in talks with European auto firms to make curved, one-piece system consoles and dashboards. In a bid to diversify its product line, Foxconn's plans to enter the lucrative auto parts industry began with provid...
The COVID-19 pandemic has deeply affected global and Taiwan's political and economic landscapes. Unlike some industries, the furniture sector did not escape unscathed, facing a squeeze from management and costs. While Taiwan continues to implement a stable, successful outbreak response, the industry has also misjudged the economic downturn duration. The furniture industry has yet to fully recover...
The Taiwanese government has pledged to lead the effort in further developing the sustainable green economy, which is among the sectors highlighted in the Tsai administration's "5+2 Innovative Industries Initiative." Economic Daily News is hosting the "2020 Energy Vision Summit - Green Energy 2.0" on November 11. As one of the government's core policies, improving the island's energy self-suff...
According to Economic Daily News, the 2020 U.S. Business Day is slated to open this Thursday (Oct. 15), citing sources that a total of 18 buyers, including Amazon, will be attending the conference. American firms with backgrounds in electronics, ICT, auto parts, rubber products, and textiles will be attending. The Taiwan External Trade Development Council primarily aggregated Taiwan's attendin...
Due to Huawei's order transfers and increased demand during peak season, Taiwan's export expanded to USD$30.71 billion in September, just behind August this year, and marks the second-highest performance in recent years, as a 9.4% yearly-increase. Finance Ministry statistics show in Q3 that export value reached USD$90.08, breaking single quarter records as a year-on-year 6% growth, surpassing ...
Taiwan's September PMI rose another 1.7 to 57.7, the most recorded since March 2018, and marked a third consecutive month of growth. For NMI, Chung-Hua Institution Economic Research (CIER) reported a 55.6, marking a four-month expansion; however, it fell short of August's 59.4, signaling a slowing down-rebound. Among the six sub-indexes, the Electrical & Machinery Equipment industry saw better...
With global temperatures hitting record-highs in 2020, designing energy-efficient green technology, and implementing sustainable methods in the initial stages of product designs has become more vital than ever with the pandemic and global warming challenges. Together with a dozen enterprises, Industrial Technology Research Institute (ITRI) Green Energy and Environment Research Laboratory desi...
The upcoming Taipei Innovative Textile Application Show (TITAS) is entering its 24th edition, with 803 booths, 356 exhibitors from 11 countries, including Taiwan, Sweden, Germany, Japan, South Korea, Switzerland, the U.S., Vietnam, Hong Kong, Singapore, and China. Innovation, environmental-awareness, and products gearing towards the post-pandemic market are the focal points at TITAS. The five ...