Taipei Computer Association Chairman Paul Peng said the 2021 Smart City Summit and Expo could reach buyers in over 150 countries through offline and virtual exhibitions. Foreign buyers could make up over 70% of total visitors and bring in 600,000 online viewership. During the show's opening cere

TIMTOS 2021 Online has accumulated 57,535 visits in the first two days since its opening on March 15. Many online and offline events were hosted concurrently, bolstering viewership and visitation. Organizer Taiwan External Trade Development Council (TAITRA) says aside from the two-day virtual p

While electric vehicles are becoming more common among drivers, Foxconn's MIH Open Platform saw new members, rounding up the total of membership at around 800 companies. Experts say this is a clear indicator that Taiwan's EV market will continue to build momentum in the future. Taiwan's state-o

Benefiting from the surge in global bicycle demand amid the COVID-19 pandemic, Giant Bicycles announced on Thursday that the company earned NT$5.623 billion in consolidated revenue for February, an annual increase of 42.12%. Fellow bicycle maker Merida reported NTD$2.699 billion, a yearly increase

Chung-Hua Institution Economic Research (CIER) announced February's PMI index, signaling a slight decline of 1.9 percentage points from last month to 63.2. on Monday. February would mark the fourth consecutive month in which Taiwan's PMI index maintained an expansion above 60%. NMI index report

The domestic machine tool industry's improving outlook and increase of short-term, urgent orders has prompted sector experts to revise export figures this year. Taiwan Machine Tool and Accessory Builders' Association (TMBA) Chairman Hsu Wen-hsien highlighted the sudden increase of orders has fac

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

Industry analysis organization CRIF China Credit Information Service (CCIS) warned three issues unbalancing Taiwan's economy and industry despite last year's export value breaking record highs at US$345.28 billion. CRIF CCIS factored that Taiwan's exports were too concentrated in intermediate g

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,

▓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 downstr

▓ Stephanie Chao The COVID-19 pandemic that upended the global economy, production chains and society has brought forth or accelerated irreversible change. Among the latest trends, digital transformation and new related technologies in automation and AI are the hottest topics and in the most urg

▓Stephanie Chao and Plumbing Association of Taiwan Amid the COVID-19 pandemic, many global hardware shows faced the inevitable result of either being canceled or postponed to a later date. Yet, institutions in Taiwan were able to carry on, as usual, seeking new ways to assist and consult the ind

With Apple Car entering the electric vehicle market and bolstering the overall attention and investments in this fast-growing, lucrative industry, Taiwanese electronic parts suppliers that have played the long-term strategy in the past four to five years are finally seeing results. In the past d

As the world ushered in the electric vehicle era, governments worldwide had rolled out regulations easing out fuel-powered vehicles. The Taiwan External Trade Development Council (TAITRA), seeing the possibilities in the industry, has named the year 2035 as the benchmark for Taiwan's EV market and

Taiwan Association of Machinery Industry (TAMI) reported Taiwan's machinery exports saw a four-month-consecutive growth as of December 2020, signaling a rebounding industry. However, TAMI also pointed out that the rebound is still stunted by a shortage of global shipping containers, causing dela

■ Huang Chih-ming Ray Fu Enterprise performed admirably well this year regarding revenue, reporting a YoY growth for orders on par with last year before the COVID-19 pandemic disrupted the economy. The firm saw the most increase in the Americas, followed by Europe and the Asian-Pacific regio

The COVID-19 pandemic has changed the public's awareness of clean, quality air and other related health issues, accelerating Taiwan's architecture industry's foray into the latest global trend: "healthy buildings." In response to the government's pandemic-prevention regulations, the Taiwan Arc

The COVID-19 pandemic has changed the public's awareness of clean, quality air and other related health issues, accelerating Taiwan's architecture industry's foray into the latest global trend: "healthy buildings." In response to the government's pandemic-prevention regulations, the Taiwan Arc

With the machinery industry slowly seeing renewed growth after the year-long slump due to the coronavirus outbreak, domestic machine tool and parts firms Cheng Tai, AWEA Mechantronic, Tong Tai, He Da, Gao Feng, and Hiwin have all seen significant order increase in Q4. Machinery firms expressed o

The Taiwan Association of Machinery Industry (TAMI) announced November machinery export figures on Tuesday, signaling a lessening YoY contraction. For the past eleven months, Taiwan's machinery equipment total export value reached USD$23.485 billion, while a 5.2% YoY contraction, the figures rep

Global high-end lithium iron phosphate battery maker Aleees saw a rebound in YoY growth, as its combined revenue in November hit NTD$15 million, indicating resumed demand and further increasing its investments in new energy solutions for automotive use. Aleees remarked that the firm is currently

Global high-end lithium iron phosphate battery maker Aleees saw a rebound in YoY growth, as its combined revenue in November hit NTD$15 million, indicating resumed demand and further increasing its investments in new energy solutions for automotive use. Aleees remarked that the firm is currently

The Taiwan High-Speed Rail Corporation (THSR) has sought to localize rail parts production, reporting substantial results in recent years, according to local media on Tuesday. Much of Taiwan's railroad industry has relied on importing parts. THSR's initiative would help lower procurement and imp

The October industrial production index increased 7.06% YOY, according to the Dept. of Statistics under the Economic Ministry on Tuesday, reaching 122.0, a second-record high in terms of monthly indexes. The latest figures signal consecutive 9-month growth. Statistics Dept. head Huang Wei-chieh

The passive component market could see sustainable yearly growth next year, at approximately 11.1%, markets say, with production capability around 10% and annual demand around 15%. Forecasts also indicate that MLCC and R-chip prices could grow in Q2 and Q3 next year. Domestic market reports poin

The Economic Ministry released the manufacturing industry value data for Q3 on Thursday, reporting NTD$3.24 trillion, a 4.56% decline compared to last year's same period, marking a seven-quarter consecutive negative growth. Compared to the decline, as shown in Q2's negative 11.39%-decrease, the

October's export figures made monthly records, reaching a yearly 11.2%-growth at USD$32.23 billion, reported statistics from the Finance Ministry. The Finance Ministry named three factors buoying October's good performance: digitalization of individual businesses, Apple's new iPhone launch, the

Preface The three-in-one Taipei AMPA wrapped up on Oct. 24 at the Nangang Exhibition Center Hall 2. According to TAITRA’s statistics, the four-day event attracted approximately 6,000 professional visitors, including representatives from Tesla Taiwan, TOYOTA, FORD, NISSAN, the joint EV venture be

Taiwan's 2021 manufacturing forecast suggests next year's industry value hit NTD$19.68 trillion, according to the Industrial Technology Research Institute (ITRI) ​​Industrial Economics and Knowledge Center (IEK). IEK reported an industry growth rate at 4.75%, with sectors like metal electromecha

The first round of 2020 Taiwan Excellence Award selections, announced by the Ministry of Economic Affairs and Taiwan External Trade Development Council, saw 31.6% of ICT products advancing, followed by machinery and parts at 19.2%, furniture equipment hardware building materials ranked at third wit