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 world's leading memory chip and smartphone maker Samsung Electronics is looking for potential display technology partnerships in Taiwan, specifically for mini/micro-LED industry applications. Local media Economic Daily News reported Samsung was partaking in a private project with LED driver IC supplier Macroblock Inc., a move signaling the Korean group's further ambition in the mini/micro-...
Since July, global trade volume continues to rebound, signaling economies' restarting in a bid to make up the worldwide lockdown this spring due to the pandemic. In a report released by the CPB Netherlands Bureau for Economic Policy Analysis, the CPB World Trade Monitor in July grew 4.8% compared to June, the largest increase since the bureau began compiling statistics in 2000. This is slightl...
The COVID-19 pandemic has accelerated the digitalization of membership economies, which has become an essential factor in a company's survival, reported in a unified statement released by finance ministers of representing APEC member countries. Convened under the chairmanship of Malaysian Minister of Finance Tengku Zafrul Tengku Abdul Aziz, APEC finance ministers assembled over a virtual confe...
The 2020 Taiwan Innotech Expo, hosted by the Economic Ministry (MOEA) Industrial Development Bureau (IDB), kicked off on Sept. 24, presenting advanced technology of the government's 5+2 Industrial Transformation Plan in the four fields of "Smart Machinery," "Smart Healthcare," and "New Agriculture." Concentrating on "healthier, automatic, IoT, and integrating the real and virtual," the expo s...
The "Taiwan & EU Business Networking Reception," hosted by the Chinese International Economic Cooperation Association (CIECA) and the European Chamber of Commerce Taiwan (ECCT), focused on strengthening industry relations amid a global pandemic, with industries and countries wrangling with the impacts of a post-COVID-19 era. Among the reception attendees, the European Economic and Trade Office...
AI will transform from a "centralized cloud computing" to a "decentralized edge cloud computing" model, Quanta Chairman Barry Lam said on Sept. 21 at the AI on Chip Taiwan Alliance (AITA) members summit. Lam laid out expectations that a smart, connected society built on 6G will appear in five years, making technology development in the next decade "incredibly exciting." The Quanta chairman spo...
The 27th Taiwan-France of the Industrial Cooperation Consultation Meeting (ICCM) convened over an online conference on Sept. 16, revolving around industry talks on collaborating over aerospace, green energy, and smart transportation, ICT, IoT, and smart machinery. Between the Ministry of Economic Affairs Industrial Development Bureau Director-General Leu Jang-Hwa and General Director Thomas Co...
The COVID-19 pandemic impact on the world's supply chain has renewed putting more value into the manufacturing industry in Taiwan, industry experts said at the Industry Summit Seminar hosted by the Economic Daily News on Wednesday. The collective agreement among industry experts sitting on the "Key Strategies in Intelligizing Production Chains" panel was that Taiwan's manufacturing sector shou...
The OECD revised its initial forecast of a struggling global economy amid an unprecedented health crisis, saying global economies are coping better than expected. OECD's initial figures released this June showed the economy could shrink by 6% this year. However, a recent report indicated the OECD had revised the global economy forecast shrinking by 4.5% this year. The Paris-based agency presen...
Another four Taiwanese firms were green-lighted by the Ministry of Economic Affairs to expand investment to move overseas back to the island on Thursday. Two firms slated to move factories back to Taiwan are Chenbro Micom and Sander Electronic; the other two are set to keep operations on the island, including China Petrochemical Dev and golf-ball maker Launch Technology. Together, the firms ar...