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.
With the U.S. presidential election projecting a win on the Biden-Harris ticket, the Taiwan Association of Machinery Industry (TAMI) believes regardless of the result, the American's manufacturing policies will still favor Taiwan's industry. TAMI Chairman Alex Ko, speaking to Taiwan's state-backed Central News Agency, pointed out that American policies are still likely to buoy Taiwan's machine...
Taiwan's auto parts industry value could reach NTD$222.79 billion next year, a 4.8% growth compared to 2020, according to forecasts from ITRI Industrial Economics and Knowledge Center (IEK). IEK advises Taiwanese firms to maintain their market reach in the U.S. and increase expansion into emerging markets. IEK Intelligent Vehicle System Research Department Senior Researcher James Hsiao named...
Taiwan's machinery industry is seeing signs of recovery, said Taiwan Association of Machinery Industry (TAMI) Chairman Alex Ko, as outbound orders finally saw positive growth after six consecutive months of decline. The sector began struggling in March as pandemic restrictions came into effect globally; Ko pointed out outbound orders started to rise in September, suggesting a tentative rebound...
Demand for electronic parts, PCBs from 5G, IoT, and vehicle applications are strengthening outbound growth in the first nine months of 2020, despite a pandemic outbreak that has crippled countries' economies. Outbound electronic parts reported strong performance, increasing 22.3% in the first nine months of 2020. A strong contender in second place is the PCB field, which also saw a 5.3%-export...
As one of the harder-hit industries in Taiwan, the ITRI Industrial Economics and Knowledge Center predicts next year's machine tools to make a rebound with an annual 8% growth. The center also named growth from electric vehicle sales as a significant contributor to machine tools and models' rising demand in 2025. The center's manager Harrison Hsiung made the remarks at the 2021 IEK Machiner...
Taiwan's machinery equipment manufacturing industry could see a yearly 6.1%-growth in 2021, the ITRI Industrial Economics and Knowledge Center revealed. It named digitalization as the pivotal point for improving competitiveness in the industry. The forecast indicates a respite for the economy as the COVID-19 outbreak has severely impacted sectors relying on outbound profits. The center's man...
The panel display industry is seeing a strong demand growth, as Korean firms have backed out of the production chain, LCD panel maker Innolux Corporation Chairman Jim Hung said, stating expectations that profitable sales will continue into the year-end, or even 2021. The robust performance is primarily due to the pandemic and increased need for electronic devices, such as notebook computers, t...
Foxconn is looking to explore cooperation with European tier 1 auto parts suppliers in developing 3D auto-use curved glass covers. The electronics manufacturer is also reportedly engaging in talks with European auto firms to make curved, one-piece system consoles and dashboards. In a bid to diversify its product line, Foxconn's plans to enter the lucrative auto parts industry began with provid...
Taiwan's auto parts market has seen positive impacts as the Chinese automotive market continues to grow in its sixth consecutive month. Hotai Motors and Yulon Nissan Motor are the two significant firms enjoying the leverage. The island's related industries are benefiting from the strong performance of China's automotive market. Industry members say as long as competitive Taiwanese firms mainta...
Industry experts expect to see challenging times ahead for production in the foundry sector, forecasting that the current situation will not let up in the short-term and warns of unbalanced supply-demand next year. During the pre-pandemic era, IC design firms say clients usually made urgent orders to avoid having to manage inventory. Yet, considering limited foundry production volume, clients ...
