Taiwan Association of Machinery Industry (TAMI) reported Taiwan's machinery exports saw a four-month-consecutive growth as of December 2020, signaling a rebounding industry. However, TAMI also pointed out that the rebound is still stunted by a shortage of global shipping containers, causing delay and blockage at ports. The unstable Taiwan Dollar fluctuating more than usual has also limited the...

The Taiwan Rubber & Elastomer Industries Association (TREIA) lamented that the latest U.S. anti-dumping tariffs are an apparent attempt to push Taiwanese tire exporters out of the American market on Friday. The U.S. Department of Commerce (DOC) on Dec. 30 released a preliminary ruling based on its anti-dumping duty investigations. Results indicated that passenger vehicle and light truck tire m...

At the Taichung "Dadu Mountain Cross-Industry Innovation Summit," Transportation Minister Lin Chia-lung said with the advent of the 5G era, the possibilities of smart transportation has become endless thanks to 5G capabilities of wider broadband, low latency, and high connectivity. The Transportation Ministry has set up a division overseeing transportation technologies, including 5G applicatio...

Taiwan's NTD$200 billion-valued auto parts aftermarket (AM) market could see a bright future ahead as Germany's introduction of a "repair clause" into design protection laws last month. Tong Yang Industry President Wu Yung-hsiang said Germany's latest movement is critical, as it creates space for the AM sector to continue doing business and further bolster Taiwan's auto parts industry. Ger...

The virtual Taiwan International Machine Tool Show (TMTS Virtual) kicked off on Nov. 10 after organizers canceled the 6th edition offline version (TMTS2020) due to the COVID-19 pandemic. TMTS Virtual would be the world's first machine tool expo hosted in a digital 3D virtual format. Organized by the Taiwan Machine Tool & Accessory Builders' Association (TMBA), TMTS 2020 has 719 exhibitors on d...

Taiwan's only professional fastener expo is slated to return to Kaohsiung on Sept. 1 to 3 in 2021. The show aims to showcase its most comprehensive fastener production chain, spanning across central and southern Taiwan, to entice international buyers. Show organizer implementer Taiwan External Trade Development Council (TAITRA) expects to see 20,000 domestic and international buyers at Fastener T...

In an unprecedented event in modern history, the COVID-19 crisis has ignited firms to pursue new approaches to overcome restricted mobility, teleworking challenges, and disrupted production chains. In keeping with the theme of innovation and digitalization, the following two fastener firms are examples of what companies can achieve when they prioritize innovation and forward-looking planning. ...

Taiwan-based electronics maker Pegatron Corp.'s move to enter the electric vehicle industry will likely consider servicing their biggest client Tesla by setting up a factory in the U.S. Pegatron Chairman Tung Tzu-Hsien, making his remarks representing the Taipei Computer Association director at an Information Technology Month event, has continually expressed his optimism regarding the EV indus...

Panel maker AUO Chairman Paul SL Peng revealed on Dec. 2 that he is evaluating to set up specific factories in the Southeast Asian region, citing the U.S.-China trade war as the main backdrop. The trade war has created a "single world with two systems," Peng said, as the global production chain has continued to "regionalize" and become shorter. AUO is considering its clients' movements and cou...

Demand for EUV equipment has increased as Samsung is seeking to catch up to TSMC, buoying suppliers like Gudeng Precision and Marketech (MIC). MIC is regarded by local media as the potential winner here, as the firm currently supplies EUV mask package boxes for both TSMC and Samsung. Gudeng has acquired ASML-certification for its EUV mask package boxes, making up at least 70% of the market...