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.
As Taiwan's export value has been on a continuous downtrend for the past eight months, the Taiwanese government holds pessimistic views that the economy will not bottom out until the fourth quarter of this year. However, a statement from Foxconn Chairman Young Liu on May 25 suggests that the turnaround may occur earlier, in the third quarter. Richard Lee, Chairman of the Taiwan Electrical and Ele...
Major component suppliers are adjusting their operational strategies as long-term trends in specific markets have grown in size and demand. Circuit protection component maker Thinking Electronic is such a company, with its newly-appointed general manager Chung Shih-yin noting that the company will expand investment into three fields by 2025: automotive, industrial control systems, and power su...
Since the beginning of this year, global electric vehicle (EV) shipments have grown significantly, especially with the surge of production in mainland China. The increase in various battery shipments largely drove the growth in China, be it lithium ternary batteries or lithium iron phosphate batteries (LEP). Both types require the use of lithium metal, and the price of lithium has continued t...
Keysight, a major measurement equipment manufacturer, named four major technological trends that must be focused on in the future on Thursday, which included 5G/6G, autonomous driving, quantum and high-performance computing, and implementing digital twins. However, Keysight believes that the electric vehicle ecosystem must adopt common standards and that implementing digital twins will change the...
LOTES Investments' investments in Compertum Microsystems Inc. and invested in the development of LiDAR and MEMS micromirror products, in addition to cooperating with Chewangdian and Industrial Research Institute, has smoothed out its entry into the autonomous bus application market and cooperated with Huadian Network to enter the market. Smart transportation applications. Zhu Dexiang, Chairman...
Institute for Information Institute's (III) MIC estimates that the global electric vehicle scale will reach 9.221 million units this year, with an annual growth rate of more than 48%. The supply of key components like third-generation semiconductors silicon carbide (SiC) and gallium nitride (GaN) is tight, and the delivery time is still at a high of 42 weeks. Above, the SiC supply chain is still ...
The era of electric vehicles has arrived; according to the 2050 net-zero emission road map of the National Development Council, 30% of newly sold vehicles will be EV in 2030, and the proportion will increase to 60% in 2035. In 2040, 100% of newly sold cars will be electric vehicles. In the next 20 years, the policy will strongly promote electric vehicles on the road. However, the biggest concerns...
Due to the impact of the COVID-19 pandemic, the world-renowned industrial show Hannover Messe has finally returned after a two-year hiatus, having kicked off on Monday. TECO Group, together with a European affiliated company Motovario S.p.A., a major Italian reducer manufacturer, jointly exhibited three major themes: "Carbon Neutral Solutions", "Smart Mobility Solutions" and "Smart Manufactur...
Measuring instrument maker Chroma Corporation reported significant growth due to the company's increased investment in electric vehicle applications at its earnings call and estimated that combined revenue trends for turnkey applications could remake company history in the future. Chroma Corp. said that 54% of Q1 revenue came from measuring instruments and automated inspection equipment, follo...
The Directorate General of Budget, Accounting and Statistics' latest statistics report, electric vehicle sales are seeing a significant uptick. In Q1, 20,000 new license plates for electric-powered scooters and vehicles were added to the market, with 17,000 for scooters and 3,000 for vehicles, respectively. From a YoY perspective, the growth marks a 67.2% increase, primarily fueled by electric sc...
