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.
Despite the National Development Council (NDC) announcing a slight drop of the economy's composite index of economic indicators for Taiwan for January on Tuesday, overall signals indicate a strong market and investments performance. The index fell two points from 38 to 36 between December 2021 and January, sitting in the yellow-red range on the council's five-color rating system, with "blue" i...
The domestic container shipping industry believes that the container ship market is still experiencing difficulties as Asian countries enter the Year of the Tiger. The current information obtained by domestic companies is that the port congestion situation in the U.S. is still difficult and unlikely to lessen in the short term. Fortunately, shipping prices were able to experience a brief repr...
In the past two years, the global COVID-19 outbreak has caused major international exhibitions to be canceled one after another, prompting waves of changes needed to overhaul the marketing model of traditional physical exhibitions. In the past, many international buyers mainly sought overseas potential partners and agency brands by participating in major international exhibitions. However, as...
Walsin Lihwa announced significant price hikes measures going into February for 300 series stainless steel; for domestic sales, prices per ton would be increased NTD$6,000, while outbound stainless steel would see a USD$200 per ton increase. 400 series stainless steel prices will remain at the threshold. With basic metal prices surging, specifically for copper and nickel, the latter saw the bi...
Trade event promoter Taiwan External Trade Development Council (TAITRA) is gearing up for multiple slots of expos this year, including those scheduled in late spring and early summer. For instance, Taiwan's biggest computer expo COMPUTEX will be hosted in a hybrid capacity, with in-person events kicking off on May 24 to 27 at Taipei's Nangang Exhibition Center, while the virtual expo will las...
Hopes are high for Taiwan's export performance for December and the entirety of 2021, reported the Ministry of Economic Affair's Department of Statistics. Export figures are scheduled to be released by the Statistics Department on Jan. 20. Initial estimations show export order value in December at between USD$60.5 billion to USD%62 billion, marking either an annual decrease of 0.1% or an incr...
The new year was ushered in over the weekend; despite new beginnings, trends in 2021 that included shortages and rising prices will continue into 2022, exacerbated by backlogged shipping ports and worsening COVID-19 situations in major manufacturing hubs. Chip Shortages Since the COVID-19 pandemic ramped up in 2020, semiconductor shortages persisted as supply failed to keep up with consumer...
The "Intelligent Asia" Industry 4.0 and Smart Manufacturing Exhibition kicks off on Dec. 15, combining the seven major industrial exhibitions including Taipei Automation 2021, Taiwan Automation Intelligence and Robot Show under the same venue. The event will bring together more than 1,000 exhibitors and use more than 4,000 booths, with attending Taiwanese companies including Shanghai Bank, TEC...
Chung-Hua Institution For Economic Research (CIER) announced October's Purchasing Managers' Index (PMI) of Taiwan's manufacturing industry today, which increased slightly by 0.5 to 58.3 after two months of decline. CIER President Chang Chuan-zhang said that although the PMI index has expanded for 16 consecutive months, port congestion, freight delays, shortage of key components, and delivery ...
Amid the news of product and raw material shortages due to many issues in the global production chain and export countries, aluminum makers warned about the incoming shortage of magnesium, a crucial component in the production of alloys. International news outlets have pointed to the energy crisis in China as the nexus point that further worsened the snowball effect of shortages of essential r...