cens logo

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.


Cross-industry collaboration is now the norm </h2><p class='subtitle'> Learn from successful a case study between machinery and auto parts suppliers</p>

Cross-industry collaboration is now the norm

Learn from successful a case study between machinery and auto parts suppliers

Sep 23, 2022

The arrival of new technologies in the automotive-related industries has challenged traditional production models, especially those commonly seen among auto parts suppliers. Suppliers can no longer expect to handle increasingly complex client needs independently, leading to the rise of industry alliances formed and MOUs inked in recent years. For example, an alliance focusing on automotive chips,...


Photo credit: UDN File Photo

Taiwan's machine tool suppliers brace for brief downturn

Sep 12, 2022

With the U.S. interest rate hike policy remaining unchanged, the Russian-Ukrainian war is showing no signs of stopping, and in addition, the exchange rate of the Japanese Yen and the Korean Won has greatly depreciated; these multiple factors present challenges to Taiwan's machinery industry. Domestic companies, including Goodway Machine, Tongtai, Kao Fong, AirTAC, Hiwin, and other machine tool...


Machine tools association warns of order cuts in following months</h2>

Machine tools association warns of order cuts in following months

Sep 08, 2022

The Japanese yen exchange rate against the U.S. dollar has fallen sharply, hitting a new low in the past 24 years. Hsu Wen-hsian, chairman of the Taiwan Machine Tool & Accessories Builders' Association (TMBA), said that the average orders received by machine tool factories have declined by 30% to 40%. Taiwan's machine tool suppliers could face even worse situations as the Japanese Yen, and South ...


Suppliers must get an edge in the new economic landscape</h2>

Suppliers must get an edge in the new economic landscape

Sep 05, 2022

Hardware, fasteners, and hand tools sectors are among the top exporters in Taiwan, delivering quality products to various global markets promptly thanks to their competitive edge of operating under an industry hub model. Managing lead times and delivery expectations have become crucial under disrupted supply chains. Prices for raw materials and energy have risen as prolonged global events like...


Taiwan's machinery export demand sees growth amid evolving global events in 2022 H1</h2>

Taiwan's machinery export demand sees growth amid evolving global events in 2022 H1

Sep 05, 2022

According to the Taiwan Association of Machinery Industry’s (TAMI) statistics, the machinery exports performed admirably well despite the evolving global geopolitical situations. Overall, machinery export trends showed that demand exists; however, the issue remains whether the suppliers can deliver products to customers on time due to supply chain constraints, rising prices, and difficulties in o...


Economic Daily News (CENS) publication team at the 2018 IHF helps a buyer fill out a business matchmaking form. (Photo courtesy of CENS)

Taiwanese manufacturers seek new partnerships at IHF

Aug 02, 2022

⬛ Chao Ting-yu The top hardware show EISENWARENMESSE- International Hardware Fair (IHF) is relaunching on September 25 to 28 in Cologne, with event organizers bringing back in-person events and welcoming buyers alike to source quality products in categories like tools, industrial supply, fasteners and fixings, and home improvement. Economic Daily News (CENS) is also returning to IHF, exhibi...


US, Europe, Japan-focused supply of EV SiC and GaN on tight demand: III</h2>

US, Europe, Japan-focused supply of EV SiC and GaN on tight demand: III

Jul 06, 2022

Institute for Information Institute's (III) MIC estimates that the global electric vehicle scale will reach 9.221 million units this year, with an annual growth rate of more than 48%. The supply of key components like third-generation semiconductors silicon carbide (SiC) and gallium nitride (GaN) is tight, and the delivery time is still at a high of 42 weeks. Above, the SiC supply chain is still ...


EVs introduce huge increase of electricity in next decade: Is Taipower ready? </h2>

EVs introduce huge increase of electricity in next decade: Is Taipower ready?

Jul 05, 2022

The era of electric vehicles has arrived; according to the 2050 net-zero emission road map of the National Development Council, 30% of newly sold vehicles will be EV in 2030, and the proportion will increase to 60% in 2035. In 2040, 100% of newly sold cars will be electric vehicles. In the next 20 years, the policy will strongly promote electric vehicles on the road. However, the biggest concerns...


Gas price and interest rate hikes challenge automotive brands</h2>

Gas price and interest rate hikes challenge automotive brands

Jul 04, 2022

Propelled by the Ukraine-Russian war, gas prices have soared, tightening up consumers’ spending capacity and driving up prices in other areas amid inflation. Earlier this year, automotive brands had been optimistic regarding sales and production would rise with the predictions of parts and chip shortages easing up, but the reality in the past few months proved the contrary. News outlets have b...


Top auto transmission system maker views future optimistically</h2>

Top auto transmission system maker views future optimistically

Jun 30, 2022

Shen Guo-rong, chairman of the auto transmission system manufacturer Hota Industrial, said today that there is no doubt about the chances of economic growth in the second half of the year, however, it is still necessary to observe the variables of the chip shortage. It is estimated that the shortage situation in August will stabilize. As for the electricity price adjustment, it has little impact ...