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 g

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 ni

Eyes Stake in 5G Industry with Impedance Analyzer 6632 With greater demand for electronics and manufacturers' need for more precise and diverse applications than before, testing equipment that ensures the reliability, safety, and quality of parts are in hot demand. Founded in 1993, Microtest Cor

The COVID-19 pandemic has deeply affected global and Taiwan's political and economic landscapes. Unlike some industries, the furniture sector did not escape unscathed, facing a squeeze from management and costs. While Taiwan continues to implement a stable, successful outbreak response, the industr

Due to Huawei's order transfers and increased demand during peak season, Taiwan's export expanded to USD$30.71 billion in September, just behind August this year, and marks the second-highest performance in recent years, as a 9.4% yearly-increase. Finance Ministry statistics show in Q3 that expo

The formation of "Taiwan's Smart Manufacturing Alliance" on Oct. 6 heralded a new chapter to cement Taiwan's role as Asia's high-end manufacturing center, as witnessed by prominent top government and industry representatives. Vice President William Lai, attending the meeting as a speaker, named

Taiwan's September PMI rose another 1.7 to 57.7, the most recorded since March 2018, and marked a third consecutive month of growth. For NMI, Chung-Hua Institution Economic Research (CIER) reported a 55.6, marking a four-month expansion; however, it fell short of August's 59.4, signaling a slowing

The upcoming Taipei Innovative Textile Application Show (TITAS) is entering its 24th edition, with 803 booths, 356 exhibitors from 11 countries, including Taiwan, Sweden, Germany, Japan, South Korea, Switzerland, the U.S., Vietnam, Hong Kong, Singapore, and China. Innovation, environmental-aware

Since July, global trade volume continues to rebound, signaling economies' restarting in a bid to make up the worldwide lockdown this spring due to the pandemic. In a report released by the CPB Netherlands Bureau for Economic Policy Analysis, the CPB World Trade Monitor in July grew 4.8% compare

The "Taiwan & EU Business Networking Reception," hosted by the Chinese International Economic Cooperation Association (CIECA) and the European Chamber of Commerce Taiwan (ECCT), focused on strengthening industry relations amid a global pandemic, with industries and countries wrangling with the impa

■ Huang Chih-ming Taiwanese quality fastener manufacturer Shuenn Chang Fa Enterprise Co., Ltd.'s (SCF) presented exceptional ability to adapt to challenging times amid the COVID-19 pandemic. Unlike other firms, SCF leveraged its production strategy with its new plant, and even saw sales performi

Global PCB NTI-100 2019 Fabricators report from the research agency heavyweight N.T.Information showed companies with over USD$1 billion revenue have increased compared to 2018. The report, annually compiled by Dr. Hayao Nakahar, showed in 2019, 122 fabricators were listed reporting revenue over

AI will transform from a "centralized cloud computing" to a "decentralized edge cloud computing" model, Quanta Chairman Barry Lam said on Sept. 21 at the AI on Chip Taiwan Alliance (AITA) members summit. Lam laid out expectations that a smart, connected society built on 6G will appear in five ye

The OECD revised its initial forecast of a struggling global economy amid an unprecedented health crisis, saying global economies are coping better than expected. OECD's initial figures released this June showed the economy could shrink by 6% this year. However, a recent report indicated the OEC

According to the Taiwan Bicycle Association, Taiwan's bicycle exports (including the entire product, electric bicycle, and parts) saw a decline from January to July this year. The Taiwan Bicycle Association's statistics show the entirety of export value was at USD$1.905 billion, a 4.29%-decline

The Industrial Technology Research Institute (ITRI) is leading the ten-billion-valued laser market by pushing innovative technologies. Thanks to the backing of the Economic Ministry's Department of Industrial Technology, ITRI serves its role to integrate the nationalization of Taiwan's production.

The 2020 edition of imm cologne wrapped up on January 19, just before the COVID-19 pandemic peaked in Europe. The show saw over 128,000 visitors, as many regard imm cologne as the most important date on the industry's calendar. Among the approximate 82,000 buyers who visited the show grounds, aroun

Chinese automotive sales saw an unexpected growth in its off-season for August, totaling at 2.18 million vehicles, an 11.3% year-on-year growth. Estimates show China's automotive sales will significantly increase in the following months, as September and onwards is considered the country's regul

Forwell Precision Machinery Co., Ltd. focuses on developing automatic quick die/mold change systems for entire factory floors. The firm has rolled out innovative and mature automation equipment for machine tools and machinery for plastics since 1987, intending to improve efficiency, reduce work lab

By Wang Cheng-Ching (TAMI Association Affairs Consultant)Translated by Chao Ting-Yu 1. Machinery Equipment Exports In Jan. 2020, Taiwan saw a slump in its machinery exports. Outbound value was reported at USD$2.05 billion, a -15.4% growth compared to the growth in the same period as last year

By Huang Hsiao-Ting (Taiwan Machine Tool & Accessory Builder’s Association) Translated by Chao Ting-Yu The world’s economy saw huge turbulance last year due to the U.S.-China trade war, with tariffs becoming an important negotiation tool, and severely impacted Taiwan, as it is an export-oriented

By Huang Wei-Shiou Gov’t Successfully Keeps COVID-19 at Bay with Teamwork As news of the COVID-19 virus overwhelms the world, Taiwan’s government acted quickly to increase investment in expanding the country’s mask-producing volume to 60 machines. This mammoth effort was headed by domestic fi

Since the outbreak of the COVID-19 pandemic, global and domestic production of masks saw dwindling inventory. This prompted the Taiwan Machine Tool and Accessory Builders’ Association to call its member companies to action, leading 29 companies to join the initiative to mass produce masks for the c

Taiwan's foreign exchange reserves continued their rise to a new high at the end of April, despite the economic impact of the COVID-19 coronavirus pandemic, taking the country to the fourth spot in forex reserves holdings in the world, the central bank said Tuesday. Taiwan surpassed Saudi Arabia

Taipei, May 6 Taiwanese manufacturing giant Hon Hai Precision Industry Co. saw its sales for April hit a high for the year as the company received deferred orders from the first quarter, when production was interrupted by the spread of COVID-19. In a statement released Tuesday, iPhone assembler

Taiwan is expected to export its surgical mask manufacturing machines in August due to growing demand in the globe. The island country has been put on the map for its quick response to the coronavirus pandemic. It has been recognized widely for its ability to pool resources from the private sect

With quality oil supply system products and great after-service, LC Fuel Tank is known for its own brand “LC” worldwide and its products have not only gained great popularity among international aftermarkets, but also have become the first choice for antique cars and modified cars. LC Fuel Tank has

The statistics of main industries in Taiwan in the first 3 quarters of 2019 have been published. The first 3 quarters of 2019 saw decline in both volume and value of steel fastener export in Taiwan. This is mostly affected by two global incidents, one being the U.S./China trade war and the other be

Turnout surges despite turbulent economy Taiwan Hardware Show (THS), the best business platform for the hardware industry in Taiwan, took place at the Taichung International Exhibition Center from Oct. 17th to 19th. The show saw participation from 430 domestic and foreign exhibitors, taking up m

Redirected orders thanks to the China and U.S. trade tensions The chairman of Taiwan Hand Tool Manufacturers’ Association (THTMA) Huang Hsin-te pointed out due to the impact brought on by the China-U.S. trade war, the export value in the hand tool industry increased by NTD$3.2 billion from Janua