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.
China Steel Corporation's (CPC) self-assessed February revenue was 26.06 billion yuan, an annual decrease of 4.23%. With the global epidemic of the new crown pneumonia epidemic, it may lead to the weakening of international steel production and sales, coupled with the plunge in oil prices, the global economy is frightened and needs time to settle.CPC emphasizes that it has no pessimistic right an...
The new pneumonia epidemic caused the Taiwanese car assembly to be broken. After Ford stopped working at the end of February, it added components by sea and air transportation. It is expected to resume work today (9). The other depots responded by reducing man-hours and starting four and a half days a week. If a heavy-duty manufacturer fails to supply parts, it may start to shut down this week. P...
Taiwan’s industrial production surprised on the upside even though it continued to contract. The impact of the coronavirus has yet to be fully reflected in the data. Industrial production fell just a little.Taiwan‘s industrial production shrank by just 1.51% year-on-year, better than the consensus estimate of -4.0%. One important factor is that 5G infrastructure has pushed up growth in the ...
As the automotive industry shifts to electric vehicles, General Motors (GM) is holding an "Electric Vehicle Day" event in an attempt to convince investors that this century-old automaker can compete with Tesla, an electric vehicle manufacturer. Ford will also launch the electric version of the commercial van "Transit" as soon as next year. GM will hold an "Electric Vehicle Day" event on the 4th,...
Taiwan's mold & die industry features excellent technology as well as competitive quality and price. In order to move towards intelligent manufacturing, the Industrial Development Bureau (IDB) of the Ministry of Economic Affairs commissioned the Metal Industries Research and Development Centre (MIRDC) to set up an Intelligent Manufacturing Demonstration Field for the Stamping Die Industry to atta...
The pneumonia epidemic in Wuhan, China continues. The Industrial Research Institute of Obstetrics International pointed out that the proportion and amount of Taiwanese industrial machinery products using from mainland China components are extremely low and can be obtained from Taiwan or other countries. The epidemic has no impact on industrial machinery. Observing Taiwan's industrial machinery...
Coronavirus outbreak in China before Lunar New Year and led to the delay of operation resume in many cities. Chinese authorities have announced to postpone the working day until February 2 and February 10 and Hubei province, which most impacted by the novel coronavirus, will be back to work after February 14. As the global production center of LED, China’s decisions on workday delay and city s...
A harsh economic situation swept through the global automotive market in 2018, largely due to slowing market demand and political competition among the world's superpowers, as well as decreasing confidence from consumers, leading to the first decline in five years in the industry. More importantly is how the main markets in China, Europe and North America have already fallen into negative growth....
The outbreak of a new coronavirus (commonly known as Wuhan pneumonia) has intensified. Wenzhou and Yiwu cities in Zhejiang have successively announced that they will be closed down. The second LED brother Huacan Optoelectronics, a major LED manufacturer in Yiwu, will be impacted. Huacan Optoelectronics' LED chip global production capacity accounts for more than 11% of the world ’s total productio...
The machine tool industry was affected by the Sino-US trade war last year, and most of them were in small months. Originally, they expected that the business situation would pick up slightly this year, but affected by the pneumonia epidemic in Wuhan, the director of the Machine Tool and Component Association Xu Wenxian pointed out that at present it looks like the impact is There must be, but whe...
