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.
■Stephanie Chao The hand tools and hardware industries, like many other areas, are pressured to remain competitive as large-scale trends like digitalization and increasing awareness of carbon impact among customers have grown over the years. Other trends that signal, along with many others, are here to stay, and will shape the market in the future as these trends have matured over the years. ...
■Stephanie Chao As the third largest hand tools exporter in the world, Taiwan’s total hand tool exports value reflected the surge in demand in 2021, with the overall figures steadily reaching USD$4.79 billion, a significant increase of 27.4% compared to 2020 and breaking the historical value on the record as the economy had rebounded and metals had seen a considerable price hike. Growth statis...
Coronavirus lockdowns and travel restrictions around the world have generally lifted this year, prompting a flurry of activity as suppliers and buyers alike seek to take advantage of the resurgence of demand, as well as changed market landscape in the post-pandemic world. Taiwan’s hand tools industry sits on the cusp of change, as many seek to find opportunities to reinvent business operations an...
Professional trade shows in the hand tools and hardware sectors have endured the past over two years of cancellations caused by COVID-19, and with travel restrictions easing up for the latter half of 2022 and this year, more events are gearing up for a resurgence of demand. As observed among most buyers and exhibitors’ in the past two years in Taiwan, as well as from trade expo organizers abro...
The hand tools and hardware industries, like many other areas, are pressured to remain competitive as large-scale trends like digitalization and increasing awareness of carbon impact among customers have grown over the years. Other trends that signal, along with many others, are here to stay, and will shape the market in the future as these trends have matured over the years. Added-Valued Mark...
Chung-Hua Institution Economic Research (CIER) released the latest manufacturing Purchasing Managers Index (PMI) for October earlier this week, showcasing a slight uptick in growth. After seasonal adjustment, while the previous PMI contracted for four consecutive months, the index edged up by 0.5 percentage points to 45.4% for October as a brief respite. The future outlook looks to be less op...
As the Automotive Aftermarket Products Expo (AAPEX) opened on Nov. 1 and sought to move beyond the impacts brought on by the COVID-19 pandemic, the show saw around 1,400 exhibitors using a total of 2,500 booths and traveling from all over the world to attend, making it one of the largest professional trade shows to open this year. Economic Daily News and the media group’s business division CEN...
∎ Chao Ting-yu Companies must balance the need to invest in new technologies and equipment with business operations. In the September 2022 edition of CENS' exclusively-published "Taiwan Transportation Guide" (TTG), we talked to Industrial Technology Research Institute’s Industry, Science and Technology International Strategy Center (ISTI) Intelligent Vehicle System Research Dept. Machinery & Sys...
On the road to "smart production" in Industry 4.0, production equipment must be able to collect feedback data from the machine, such as vibration and temperature, in real-time to be aware of abnormal processing signals and estimate the service life of components. Sensors play an indispensable role as a result. Between July 2020 to September 2022, the Industrial Bureau of the Ministry of Econom...
Touted as the world’s number one trade fair for plastics and rubber, K-Show is returning to Düsseldorf, Germany, this fall from October 19 to 26. In the previous edition, 2019 K-Show recorded 3,330 exhibitors from 63 countries on 177,000 m² net exhibition space, 73% of whom came from abroad. Much has changed since 2019, with heightened awareness and a global proactiveness towards achieving goa...