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.
After a 15-month declining streak as of the end of June, Taiwan’s overall export orders are likely to show growth in July at the earliest to end this worst downturn in history, given some of local industries have seen export orders recover as reported by Ministry of Economic Affairs (MOEA). According to MOEA, overall export orders received in June totaled US$35.7 billion, dropping by 2.7 perce...
To keep up with Taiwanese government’s move to actively nourish the local biotech industry as a new growth drive for the island’s economy, Taoyuan City Government will hold “The 2016 Symposium on Biotech Industry in Taoyuan” from July 21 through 24 in TWTC Nangang Exhibition Hall as a concurrent event during the BioTaiwan 2016. The symposium will feature two keynote speeches given by Dr. D.H. ...
To provide global buyers with a close look at the development of the biotech industry in Taoyuan, northern Taiwan, the Economic Development Bureau under Taoyuan City Government will set up the Taoyuan Pavilion and host “The 2016 Symposium on Biotech Industry in Taoyuan” the first time at this year’s BioTaiwan, staged from July 21 to 24 in TWTC Nangang Exhibition Hall. And registration for attendi...
As GoPro, a market leader of action cameras, is going to launch a new camera model and drone in the second half of this year, the brand’s Taiwanese contract maker of camera modules, Chicony Electronics Co., Ltd., is therefore expected to enjoy rosier performance in the months to come. Foreign news agencies report that GoPro will release its new action camera Hero 5 and drone Karma at once some...
Stan Shih, founder of Acer Inc. and initiator of the beingNet Alliance, a consortium of Taiwanese tech firms and industrial federations which focuses on the development of the Internet of Beings (IoB) on the island, has appointed Taiwan’s ex-premier Simon Chang as the president of the alliance, to kick off the alliance’s plan to develop Internet of Medical Things (IoMT). The beingNet Alliance ...
With the Baltic Dry Index (BDI), which measures the freight rates of gigantic dry-bulk carriers, kicking off July with a strong start to continue its uptrend since late June, the global market for dry-bulk shipping is expected to rally back from long-term depression in the second half of this year, according to industry insiders. As of July 5, BDI had gained 112 points to 692 from 580 seen 10 ...
Despite a monthly drop, Taiwan’s PMI (purchasing managers’ index) still remained above 50 for the fourth straight month in June to represent steady expansion of local manufacturing activities, to bode well for the island’s economic outlooks in the second half of this year. According to the latest report issued by Chung-Hua Institution for Economic Research (CIER), a semi-official economic rese...
Taiwan may have been gradually walking out of months-long economic recession for the time being, as the economic monitoring indicator regularly issued by Cabinet-level National Development Council (NDC) flashed a transitional yellow-blue light in May for the second consecutive month. With the indicator having showed the second monthly yellow-blue light after 10 successive months of a blue sinc...
In the face of increasingly strong market demand for contact lenses, Taiwan’s top two makers of such products, namely St.Shine Optical Co., Ltd. and Ginko International Co., Ltd., both listed in the Taiwan Stock Exchange, have actively been expanding output to seize considerable business opportunities. Responding to a flood of orders from China and Japan during the second quarter of this year,...
Taiwan’s export orders received in May totaled US$33.73 billion, down 5.8 percent year on year to represent the longest decline the island has ever seen in history, according to the latest statistics compiled by Ministry of Economic Affairs (MOEA). Dampened by a couple of factors, including lingering global economic uncertainty, China’s economic slowdown, lingering geopolitical risks, aggressi...