Following the success of the 2023 edition, ORGATEC TOKYO, Asia's leading office furniture and workplace exhibition, will be held at Tokyo Big Sight for three days from 29-31 May 2024. Roughly 85% of previous exhibitors have already registered to exhibit, with the average exhibition space per company increasing by more than 20%. Leading brands such as OKAMURA, KOKUYO, ITOKI, UniFor and Knoll ha...

Relying primarily on exports, the auto parts manufacturing industry in Taiwan experienced a considerable downturn in 2020 due to the global ramifications of the COVID-19 pandemic. However, as lockdowns were gradually lifted worldwide and the international automobile supply chain encountered disruptions, a shortage of new cars ensued. This circumstance not only bolstered the resale of second-hand ...

As a part of its 50th anniversary celebration, ITRI hosted the International Forum Envisioning a Better Future on September 12 to explore Taiwan’s forthcoming industry opportunities toward 2035. The event featured participation from industry giants such as Applied Materials, Corning Incorporated, Merck, Oxford Instruments, Mitsubishi Electric, and AVL List GmbH. These leaders shared their success...

As Taiwan's export value has been on a continuous downtrend for the past eight months, the Taiwanese government holds pessimistic views that the economy will not bottom out until the fourth quarter of this year. However, a statement from Foxconn Chairman Young Liu on May 25 suggests that the turnaround may occur earlier, in the third quarter. Richard Lee, Chairman of the Taiwan Electrical and Ele...

In recent months, Taiwan experienced a decline in export orders from key trade partners including the US, China, Hong Kong, and the ASEAN region, as reported by the Ministry of Economic Affairs (MOEA). However, there was a turnaround in April, when Taiwan received diverted orders from the ASEAN region, resulting in an extraordinary record-breaking order amount of US$6.44 billion. Taiwan's over...

Major component suppliers are adjusting their operational strategies as long-term trends in specific markets have grown in size and demand. Circuit protection component maker Thinking Electronic is such a company, with its newly-appointed general manager Chung Shih-yin noting that the company will expand investment into three fields by 2025: automotive, industrial control systems, and power su...

As 2022 draws to a close, industries are ramping up to re-engage with international buyers and suppliers. In the manufacturing industry, for instance, seminars sharing digital transformation experiences and solutions, as well as trade networking events, were popular gatherings at the year-end to help companies to prepare for 2023. According to an Economic Daily News article, at a metal process...

The Industrial Technology Research Institute (ITRI) reported careful consideration of the domestic and foreign political and economic situations at its "2023 Taiwan Manufacturing and Semiconductor Industry Prosperity Outlook Press Conference," where the institution released the forecast results of the 2023 Taiwan Manufacturing and Semiconductor Industry Prosperity Outlook. ITRI revised the ma...

TECO, a major electric motor manufacturer, offered future estimates that the performance of the electric vehicle power system will increase by 30% annually today. However, TECO believes the performance of the electromechanical system will fall flat next year, with smart energy expected to grow significantly and smart life solutions expected to rise steadily. TECO also revealed plans that the new ...

Since the beginning of this year, global electric vehicle (EV) shipments have grown significantly, especially with the surge of production in mainland China. The increase in various battery shipments largely drove the growth in China, be it lithium ternary batteries or lithium iron phosphate batteries (LEP). Both types require the use of lithium metal, and the price of lithium has continued t...