NEV saw record-high sales in the final two months of 2020, TrendForce reported, signaling a yearly growth of 4.3% with 2.9 million units sold. Judging the current trends, TrendForce expects to see sales figures hit 3.9 million units this year. However, such forecasts are still up in the air as the shortage of automotive chips has made producing vehicles difficult. For the BEV market, Tesla...

Media reports indicate that the traditional AM auto parts market is seeing a bounceback despite the global trend of developing electric cars. AM companies have said many global auto suppliers have been moving towards the electric vehicle sector, though the market for repairs in the "old-school" auto market still exists. A change in auto parts clients' product demand shows that auto companies ...

Tatung Co. has obtained its first order for the Electric Vehicle Supply Equipment (EVSE), going to Tangeng Advanced Vehicles and SF Ebus. The three companies will be setting off a vertical ecosystem integration by rolling out commercial vehicles, core power systems, and an electric bus pilot demo. A signing ceremony of an MOU between the three companies is slated for March 2, reports say. Tatu...

The resurging domestic machinery industry is looking up. According to Taiwan Association of Machinery Industry (TAMI) chairman Alex Ko, the sector could see orders increase by 15% this year. Taiwan's January machinery equipment export value reached USD$2.671 billion, a 33.4% YoY increase, Ko said, signaling the resurging growth from last year's Q4 has maintained its momentum into 2021. YoY...

Taiwan-based world-leading motherboard brand Micro-Star International (MSI) announced a cross-industry collaboration with Master Transportation Bus Manufacturing on February 18, signaling goals to enter the electric vehicle industry. MSI will aim to integrate their vehicle computing systems with Master Transporation Bus Manufacturing's electric buses, which will become the first Transportation...

The machinery industry experienced a months-long slump as the COVID-19 outbreak shut down economies worldwide and stifled demand to an all-time low. However, things are looking up for the sector. According to the Chung-Hua Institution Economic Research's (CIER) report earlier this month, in Taiwan, manufacturing activity expanded for the seventh consecutive month in January, rising 3.8 compared t...

Whether Hon Hai Precision can successfully transition its business model will depend on its move into the electric vehicle (EV) sector, media reported. The alliance between Hon Hai and Taiwanese car maker Yulon will offer the former much-needed automaking experience. Coupled with Hon Hai's aim to redefine the EV market into a software-oriented ecosystem, the Taiwanese multinational electronics co...

When COVID-19 first broke out last year, some were forced into lockdown at home and would continue to work from home, or in other cases, carry on as an essential worker at the office. Regardless of where one worked, the demand for lighting fixtures, solutions, and technologies grew according to the application in demand. More so in the future where remote working at home could become the norm. ...

International Data Corporation (IDC) analysts say display panel prices will remain at a high level after news of an upstream glass substrate manufacturing plant's furnace exploded made the headlines. However, IDC analyst Chen Chien-chu pointed to driver IC shortages to significantly impact display panel delivery more than glass substrate shortages. While impacted companies have already sought ...

▓Stephanie Chao With the industry undergoing development for over half a century, Taiwan's hand tools industry has grown into the world's second-largest export country, and one of Taiwan's most critical outbound-oriented industries by housing the entire production chain, from upstream to downstream and handling operations ranging from molding, heat treatment, forging, electroplating, and assem...