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.
The era of self-driving vehicles has arrived! In recent years, almost every major car manufacturer has been dedicated to R&D for such technology. With the aim to dominate the market, they are striving to develop complete and mature solutions as soon as possible. As of now, Tesla has already built Level 2 driving automation features like "traffic-aware cruise control" and "autosteer" into their...
The outlook for the automotive aftermarket appears promising! According to a report by The Business Research Company, market size of the aftermarket sector is projected to reach US$1237.49 billion by 2026, with a compounded annual growth rate of 10.3%. Additionally, Grand View Research forecasts the sector will witness a global compounded annual growth rate of 4.0% from 2023 to 2030. Various sign...
The year 2022 was marked by a series of significant global challenges, including the China-US trade dispute, the COVID-19 pandemic, escalating ocean freight expenses, disruptions in the global supply chain, and the prolonged Russia-Ukraine war. Consequently, price hikes of natural gas, petroleum, and food lead to soaring inflation. To address these economic hardships, major economies like the EU ...
In recent years, Taiwanese manufacturers of plastic and rubber machinery have generally seen substantial growth. Factors behind the thriving landscapes include the surge in consumption in emerging countries, the rapid expansion of the packaging business due to the proliferation of global e-commerce, the momentum of the automobile industry, and the boom in health care and medical services amid the...
For Taiwan’s machine tool industry, it is the best of times, it is the worst of times, it is the age of challenge, and it is the age of opportunity. Few would think that Taiwan’s machine tool industry is facing an increasingly competitive and challenging landscape in a post-Covid era. From another point of view, most would also agree that the saying from crisis comes opportunity holds true, fo...
The Department of Industrial Technology (DoIT) of the Ministry of Economic Affairs (MOEA) has led the largest-ever 6G delegation from Taiwan to visit Sweden from June 6 to 9. The visit was to participate in the 2023 EuCNC & 6G Summit, the prestigious conference supported by the European Commission. The delegation is comprised of a total of 14 entities, including Chunghwa Telecom, Compal Electroni...
On May 30, the Software Technology Institute (STI) and the MIH (Mobility in Harmony) Consortium signed an MOU (memorandum of understanding) for the collaborative development of smart driving software. This groundbreaking partnership represents a milestone in the co-development of AI software among Taiwan’s smart automobile and EV industry. The initiative will utilize the “Formosa Dataset,” wh...
(Taipei, Taiwan) The Department of Industrial Technology (DoIT) under the Ministry of Economic Affairs (MoEA) and the European Union (EU) DG CONNECT co-hosted the “2023 EU-Taiwan 6G SNS Joint Workshop” at the Taipei International Convention Center (TICC) today. The purpose of the workshop is to share the vision for 6G and advanced research and development. Furthermore, Europe’s 6G Smart Networks ...
In response to Tesla’s investment of US$5 billion in building a new gigafactory in Mexico, not only electronic manufacturers like Quanta and Pegatron, but also Tesla's supply chain partners such as Lite-On, Eson, and Primax have commeced planning to set up their factories in the North American nation, in hopes of capturing the growing opportunities in the electric vehicle (EV) business. An ind...
“Foxconn can do more than just manufacturing.” Planning to release automobile intelligent technology applications related to ChatGPT on 10/18 HHTD (Hon Hai Tech Day), Foxconn has set up a department engaged in software development under the leadership of Chairman Young Liu. Their primary goal is to incorporate AI into automotive applications while integrating software and hardware seamlessly....
