When the Taiwan government announced on Jan. 22 to budget NT$12 billion (US$400 million) for 5G wireless development over the next six years, the South Korea upstaged such bid on the same day with 1.6 trillion won (US$1.4 billion) over the same period.
Minister without Portfolio S.C. Chang said the planned spending enables the government to help the island's 5G-wireless industry become one of the world's top-2 5G-chip suppliers, snatch up 4% of the world's market for 5G intellectual property, and bag a half of the world's market for small cell towers in six years.
Also, the government will put aside NT$4.5-6 billion (US$150-200 million) of the proceeds from the auctions of 4G licenses to finance the development of 4G and 5G service applications.
The South Korean government has more aggressive goals for its 5G industry, aiming to commercialize the service in 2020 after the scheduled 2017 trial service.
5G technology beams data almost 1,000 times faster than 4G on the Internet, allowing end users to download an 800-megabyte file in only one second on computing device vs. 40 seconds achieved by 4G technology. Such high speed of wireless connection will facilitate South Korean enterprises in winning business overseas.
South Korea's Ministry of Science and Technology said that now is the time for South Korea to lead other nations to develop 5G when Europe, China and the United States are vigorously developing the technology because competition in the market will intensify in a few years. It said that to foster the country's economic growth the government established 2G service in 1990s, 3G service in 2000s, and 4G service in around 2010.
The South Korean government estimated that between 2020 and 2026 5G-related industries in the country will ship around 331 trillion won (US$308 billion) worth of equipment globally. The government even plans to help the country's telecom-equipment suppliers expand their share of global market for infrastructure equipment to 20% by 2026 from the current 4.4% by taking advantage of its 5G advances.
Taiwan's industry executives point out that in the past the South Korean government has strategically financed LG and Samsung, two of the nation's iconic enterprises, in the development of their semiconductor, IC design, flat panel, and smartphone technologies, setting up direct threats to Taiwan's manufacturers in these sectors on global markets.
According to the Taiwan government, in 2012 Samsung spent around US$10.3 billion on R&D, much more than the total spent by Taiwan's HTC Corp. (US$520 million), MeidaTek Inc. (US$440 million), Hon Hai Precision Industry Co., Ltd. (US$383 million), Asustek Computer Inc. (US$290 million), and Acer Inc. (US$100 million).
In the global competition of 5G IP, South Korean manufacturers have far outperformed Taiwan's competitors, illustrated by LG's 438 patents and Samsung's 203 patents vs. the total 21 of Taiwan's Industrial Technology Research Institute (ITRI), MediaTek, HTC, Institute for Information Industry (III), the National Chiao Tung University, and Acer. (KL)
Brazil’s new crown pneumonia epidemic has rapidly increased. Brazil’s Vale, the world’s largest iron ore producer, is facing an out-of-control impact. The market is worried that iron ore production and sales will be affected. new highs. Experts from Sinosteel (2002) evaluated that steel prices will rise steadily under the effect of rising costs, with a promising outlook. According to a legal p...
Apple is considering to invest over US$330 million in a factory in northern Taiwan to manufacture both LED and micro-LED displays for its iPhones, iPads, MacBooks, and other new devices. Apple is teaming up on the new factory with Epistar, Taiwan's top LED producer, and Taiwanese LCD panel maker, AU Optronics. The plant will be located in the Longtan branch of the Hsinchu Science Park and Appl...
What the epidemic showed was the amazing flexibility of Taiwan's machine tool industry. Taiwan, which has allowed the semiconductor industry to specialize in the past, has finally realized that these machine tool industries with amazing strength are the "invisible champions" of Taiwan's economy. In early February, three companies -- Habor Precision, Tongtai Machine & Tool and Taiwan Takisawa -...
2019 K Show, the leading global trade fair for the plastics and rubber industry, had been held in Düsseldorf on 16-23 October, 2019. There were 3,330 exhibitors from 63 nations proved impressively: plastics continue to be an innovative, indispensable material. But they also unanimously underscored the necessity of having operational circular economies along the complete material chain and to this...
■ Hubert Chih The number of healthcare exhibitors at the 2020 CES in Las Vegas increased significantly by 23% from 2019. According to the analysis and report by the CES organizer, digital healthcare and technology were the focus in the healthcare exhibition. In addition to the continued expansion of healthcare coverage, the reduction of healthcare costs, the improvement of effectiveness and th...
Due to the COVID-19 pandemic sweeping the globe, most of the international hardware shows slated for this year has been moved to 2021. However, as Taiwan’s efforts combating the new virus has proven to be successful, the 2020 Taiwan Hardware Show (THS) will continue as scheduled, beginning on Oct. 13 and ending on the 15th at the Taichung International Exhibition Center, thus becoming the only sh...
Kung Hsing Plastic Machinery Co., LTD., founded in 1972, is the brainchild of the company President Tsai Chin-lien’s over 48 years of experience in designing and producing extrusion machines. The firm stood by its belief to uphold integrity and offer the best quality and services, eventually becoming a leader in the extrusion machinery industry in Taiwan. Kung Hsing currently has two factories; t...
■ Tseng Lung-nan Intype Enterprise has built up 55 years of experience in producing extruders, though the firm is placing greater consideration on rapidly degrading of the global environment. In the past 20 years, Intype has become an active contributor to building up a global ecosystem, enabling them to reuse the products manufactured by their own extruders and avoid further waste. The firm t...
■Hsiao Yung-le Yifeng Technology Co., Ltd. specializes in the research and development of carbon fiber transmission shafts and the manufacture of carbon fiber related products.The carbon fiber material has the characteristics of lightweight, impact resistance, fatigue resistance, and corrosion, and chemical stability is quite high. The product type is increasing in the extensive range with an ...
■Yang Feng-Chun In a bid to assist manufacturers in Changhua County to expand their market reach overseas against severe competition in the globalized market, Changhua County Government has been an active player in pushing for a makeover and innovation of its local small and medium-sized enterprises. This is done in hopes of establishing stronger connection with international markets. An ex...
Founded in 1980, Paul Master Auto Parts Co. is headquartered in Taiwan, a professional manufacturer of chassis and engines parts for passenger cars, trucks, and industrial trucks including forklifts. General Manager Terry Liang said the company has its own professional design department, which provides customized products and specifications for global buyers, including automobile steering and...
Taiwan First brakes Technology Co., Ltd.
Sep 04, 2019Nan Hoang Traffic Instrument Co., Ltd is one of the major manufacturers of automobile friction materials in Taiwan and globally. Chairman Austin Cheng has implemented the double-arrow strategy this year - own brand of “YangPo” is adopted to focus on global channels while the “NHC brand focuses on improving market shares in global markets, such as Europe, America, Asia, Australia, and the Middle E...
In view of the continuous spreading of COVID-19 all over the world and the latest epidemic prevention requirements of China and the government of Shanghai, in order to guarantee the health and safety of exhibitors, purchasers and professional visitors, China National Hardware Association and Koelnmesse have prudently decided to postpone China International Hardware Show 2020 (CIHS 2020) from Augu...
This year, Automechanika Shanghai continues to serve the entire automotive value chain by offering opportunities for information exchange, marketing, trade and education. Both vertically and horizontally, from OE, vehicle production to the aftermarket, it incorporates all elements of manufacturing, supply networks, services, new business models and information technology. Companies across the...
Following the Chinese Government’s initiatives to prevent and control the COVID-19 outbreak, the organisers of the Chengdu International Trade Fair for Automotive Parts and Aftermarket Services (CAPAS) have announced the defer of the show’s 2020 edition. The fair, originally scheduled from 21 to 23 May 2020, will now be held from 20 to 22 May 2021. In China, the State Council issued an announc...
