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.
Detroit's car companies are targeting May 18 to resume some production at their U.S. factories after the companies shut down their plants in March amid the spread of the coronavirus, according to people familiar with the plans. Executives from General Motors Co., Ford Motor Co. and Fiat Chrysler Automobiles NV in recent days tentatively settled on the timeline after talks with United Auto Work...
Many industries have been affected by the prevalence of the COVID-19 pandemic. On top of the government’s industrial relief and revitalization policy, many small and medium enterprises (SMEs) should think about how to accelerate the deployment for “digital transformation”, including digital application services, products, and related digital tool technology. Taiwan plays an important role in the ...
The chairman of Sinosteel Wong Chao-tung believes that the epidemic triggered a global closure of the city and the country, which caused the industry to break the chain and reorganize after the chain is broken. This is a crisis and a turning point. The only way to use the "curvy overtaking" is to avoid the Red Sea market. In order to survive the epidemic, it is necessary to find a new blue ocean...
Samsung ’s timetable for the popularization of Micro LED TVs has been delayed until 2024. Analysts believe that the current unit price of Micro LED TV panels is too high to be overcome, and AUO (2409) and Chuangchuang Display Technology are catching up with this generation of monitors. Areas, and lock in vehicle applications, relatively beneficial for promotion. Lin Zhengxian, an industry anal...
The Cabinet on Thursday allocated the bulk of a special NT$150 billion (US$4.98 billion) budget to revitalizing the domestic economy, which has been hard hit by the COVID-19 coronavirus pandemic. Pending legislative approval, NT$133.5 billion will go towards helping with the recovery of local businesses and other entities and providing relief to self-employed workers, according to the Director...
The epidemic severely hit the economy, and logistics was severely hindered, affecting the production and sales of steel. Because steel cannot be sold, high stocks have become the norm. Many listed steel mills in Taiwan point out that overseas shipments have plummeted by more than 20% from April. The single situation will reduce the annual rate by 50% or even higher. "There is already the worst pl...
The Ministry of Economic Affairs announced yesterday (20) that the export orders for mechanical products in March amounted to US $ 1.8 billion, a year-on-year decrease of only 1.1%, which was the slightest decline in traditional goods. The Census and Statistics Department pointed out that in addition to the fact that the lower base period last year converged the decline, compared with the current...
Japan's exports slumped the most in nearly four years in March as U.S.-bound shipments, including cars, fell at the fastest rate since 2011, highlighting the damage the coronavirus pandemic is inflicting on global demand and trade. Monday's bleak data underscored the challenges Prime Minister Shinzo Abe's government faces in dealing with a collapse in activity that is expected to send the glob...
Taiwan is expected to export its surgical mask manufacturing machines in August due to growing demand in the globe. The island country has been put on the map for its quick response to the coronavirus pandemic. It has been recognized widely for its ability to pool resources from the private sector to produce large quantities of much sought-after surgical masks in a time of worldwide shortage. ...
Broadcom Inc, a chipmaker that supplies crucial components for Apple Inc’s iPhones, told clients that disruptions to the global supply chain caused by the COVID-19 pandemic means that they would need to place orders for parts six months ahead of time. Lockdowns in Malaysia, Thailand, Singapore and the Philippines are “closing or severely restricting business operations,” Broadcom vice presiden...